Tag: Delhi Development Authority

DELHI TO DEVELOP SLUM AREAS SOON: REDDY

Union urban development minister Jaipal Reddy said that the government will soon make available slum lands in New Delhi for re-development. The government will follow the Mumbai model where land is auctioned to the real estate developers for building flats. Certain number of flats will be reserved for the slum dwellers at a minimal price. [...]

5000 DDA Flats For 40% Less Than Market Price

NEW DELHI: At a price almost 40% less than private developers, Delhi Development Authority’s offer to sell 5000 flats beginning Monday would mean a bonanza for the few who manage to get in. Out of the 5,000 flats, 352 are three-bedroom flats, 889 two-bedroom ones, 3,231 one-bedroom and 286 expandable. In space-starved Delhi and amidst [...]