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DDA allotted flats cannot be sold for 5 years

DDA allotted flats cannot be sold for 5 years
People can be disappointed if they are looking forth to the Delhi Development Authority (DDA) upcoming housing plan 2014 as the investment opportunity is not good. The DDA is making plans to introduce a clause that states that the people who will be allotted flats would be given the possession of the flat only after [...] Continue Reading »

Delhi: Property rental up by 20 percent

Delhi: Property rental up by 20 percent
Delhi-NCR: Rental rates of properties in Delhi and NCR have increased by 20 percent in the last two quarters. A DDA flat offered at Rs 18,000 in Mayur Vihar, East Delhi around six months ago is not available now for less than Rs 20,000. The rates have increased in all areas of the nation’s capital. [...] Continue Reading »

Locals against DDA over converting sports hub to mall

Locals against DDA over converting sports hub to mall
DDA officials and the local councilor had faced the wrath of locals of Alaknanda in South Delhi as the authorities decided to sell a part of the property to a private company to construct a mall. The property was actually allotted for a sports complex, community centre, dispensary and other public utilities. The property is [...] Continue Reading »



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