Big news for home buyers

There is big news for people dreaming of buying a house in Delhi. Delhi Development Authority (DDA) has given Lieutenant Governor V.K. Many important decisions have been taken in the meeting chaired by Saxena. The purpose of these decisions is to take the real estate sector to new heights in Delhi and benefit the common people along with investors. From commercial property to housing and infrastructure, these decisions of DDA are a big step towards making Delhi the most attractive real estate hub of NCR.

1. The fee of adding plot cheaper for commercial property- The DDA has reduced the fee for adding the plots of the commercial property from 10% to 1%. Due to the first high fee, developers were going towards cities like Noida and Gurugram. Now this step will promote big commercial projects in Delhi, which will create new opportunities for investment and employment.
2. Commercial property prices in auction now and affordable- For the auction of commercial property, now not 2 times the circle rate, but only 1.5 times the price will be fixed. This decision will make it easier for investors to buy business property in Delhi and promote commercial activities in the city.
3. Narela will become education and sports hub- The DDA has approved the change in the use of land in many sectors in Narela Sub-City. Under this, education hub, multi-sport stadium and sports complex will be developed in Narela. This step will establish Narela as a modern and developed region.
4. Government departments and universities huge discounts on flats- The DDA has announced a special discount to sell non -sold flats in Narela to government departments, institutions and universities in bulk. Under your home housing scheme 2025, if an agency buys at least 10 flats, it will get a discount of up to 25%.
5. DDA's premium housing scheme on prime locations- DDA has approved HIG, MIG, LIG ​​Flats and e-auctions of garage in major areas like Vasant Kunj, Dwarka, Rohini, Pitampura, Jasola and Ashok Pahari. This DDA Premium Housing Scheme will be under 2025, which will bring great opportunities for those who buy homes in Delhi.
6. Rent assistance to residents of Signature View apartments- During the repair or reconstruction of the Signature View apartments, the residents will be given financial assistance for rent from the DDA. Rs 50,000 per month will be given for higher flats and Rs 38,000 per unit for MIG flats. This amount will be received after emptying the flat.
7. Investment and development will get a boost in Delhi- These decisions of DDA will give new pace to investment, employment and development in Delhi. Especially the decisions related to commercial property will help make Delhi the most attractive center of real estate in NCR. If you are planning to buy a house or property in Delhi, then this is a golden opportunity for you.