DDA Sells Over 2,500 LIG Flats in Narela Within Two Hours of 25% Discount
· India · Business Standard
The Delhi Development Authority sold more than 2,500 Low Income Group flats in Narela within two hours of introducing a 25% discount. The rapid response followed a targeted price reduction aimed at clearing unsold inventory in the outer Delhi residential hub. The scheme forms part of a broader push by the urban body to attract buyers to outlying suburban sectors. The report does not specify the exact total inventory remaining or the eligibility criteria applied during the two-hour window.
Why it matters
Affordable housing seekers in the National Capital Region gain immediate access to discounted state-backed properties, while the Delhi Development Authority accelerates inventory clearance in suburban sectors.
Read the original report — Business Standard
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.