DDA to auction 63 residential plotshttps://indianexpress.com/article/news-archive/web/dda-to-auction-63-residential-plots/

DDA to auction 63 residential plots

The plots,located in areas like Vasant Kunj,Friends Colony,will be auctioned on Thursday and Friday.

Delhi Development Authority,the capital’s only land owning agency,is expected to get richer by another Rs 300 crore when it auctions 63 residential plots located in various parts of the city this week.

The plots,located in areas like Vasant Kunj and Friends Colony,will be auctioned on Thursday and Friday at Vikas Sadan,the DDA’s office at INA Market,with reserve price ranging from Rs 1 crore to 30 crore.

To be sold on free hold basis,the 63 plots are located in areas like Model Town,Jasola Pocket-II,Vasant Kunj,Dwarka,Pitampura,Yamuna Vihar,Friend’s colony,Paschim Vihar,Rohini,Vivek Vihar and Yamuna Vihar.

While the maximum reserve price fixed for the 63 plots is Rs 30 crore,the minimum price is Rs 72 lakh,a DDA official said.

Thirteen plots,with the reserve price ranging from Rs 3 to 12 crore,will be available for sale at Vivek Vihar Phase-I area and the plot at upmarket Vasant Vihar will cost over Rs 6 crore.

Advertising

The only two cheapest plots are in Rohini whose reserve price is pegged at Rs 72 lakh,while the costliest plot is up for sale in posh Panchsheel Park,an official notification said.