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News: Dwarka & Vasant Kunj flats most sought after in DDA housing scheme 2021-19-02-2021

https://realty.economictimes.indiatimes.com/news/residential/dwarka-vasant-kunj-flats-most-sought-after-in-dda-housing-scheme-2021/81103762

The flats marked as first choice by the largest number of applicants are two-bedroom middle income group (MIG) flats in Dwarka’s Sector 16, priced at Rs1.2 crore each.

NEW DELHI: Two-bedroom and three-bedroom flats in Dwarka and Vasant Kunj have emerged the most sought among the 1,354 offered by Delhi Development Authority in its Housing Scheme 2021. Tuesday was the last day to apply to buy the flats and till midnight, DDA received 22,551 complete applications with security deposits. The draw of lots is expected to be held in the first week of March and will be live streamed to ensure transparency in the process.

Applicants can choose flats of any category in any particular location as their first choice and then have a second, third or fourth choice. Successful applicants can get a flat of their choice. If all available flats in the location of their choice have already been allotted, they get the flat marked as their second, third or lower priority depending on availability.

The flats marked as first choice by the largest number of applicants are two-bedroom middle income group (MIG) flats in Dwarka’s Sector 16, priced at Rs1.2 crore each. Sources said that the flats in that location are of premium quality and are well-located close to the Delhi Metro’s Blue Line (Dwarka-Vaishali/Noida Electronic City). Another reason for their popularity is the availability of 348 flats there, which makes the chances of a successful appliction higher.

The second most sought after flats are three-bedroom higher income group (HIG) flats in Vasant Kunj’s Blocks F and A priced at Rs1.4-1.7 crore. In this case, however, the location seems to be the clincher as the total number of flats is just 13, for which 2,060 people have applied. Third on the list are the Rs1.2 crore MIG flats in Dwarka, but in Sector 19, for which 2,035 people have applied. In fact, the 352 flats on offer there along with the 348 in Sector 16 saw every fifth applicant selecting them as the first choice.

The 215 HIG flats at Jasola’s Pocket 9B were the costliest ever for a DDA housing scheme with a price tag of Rs. 1.9-2.1 crore and saw 1,677 applicants opting for them as the flat of choice. HIG flats at Dwarka’s Sector 18B, at Rs 1.1-1.2 crore, were the first choice of 1,064 applicants even though there were just six of these flats.

The only lower income group (LIG) flats that were the first choice of 1,743 applicants were the 25 one-bedroom flats in Dwarka’s Sector-23B, priced between Rs22.3 lakh and Rs22.7 lakh.

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