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Thursday 19 September 2019

Over 80 CWG flats to be sold by DDA to PSUs at lower rates

DDA Flats

NEW DELHI: With Delhi Development Authority (DDA) unable to sell 84 flats at Commonwealth Games Village, government bodies and PSUs will now be able to purchase them at concessional rates.
In a meeting chaired by lieutenant governor Anil Baijal, the authority on Tuesday approved 20% concession on the current rate of Rs 2.8 lakh per square metre for disposal of 84 CWG flats to government bodies, PSUs and central/state corporations.
"The revised rate for the flats is Rs 2.2 lakh per square metre for 2019-20. In addition to this reserved price, the conversion charges of Rs 1,130 per square metre and cost of two car parking lots of Rs 7 lakh per car parking are also chargeable," he said.
DDA has been unable to sell these flats in earlier auctions held in 2012 and 2015 due to high reserve price. The flats were originally built to accommodate foreign athletes arriving in Delhi for 2010 Commonwealth Games.
A proposal to auction plots for socio-cultural and religious purposes instead of direct allotment was also made.
The maximum size of the plot will be 1,000 square metres for the socio-cultural category, while it is 400 square metre for the religious category.


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