DDA to e-auction CWG village flats

DDA to e-auction CWG village flats

DDA to e-auction CWG village flats

Delhi Development Authority will be e-auctioning 214 flats from the Commonwealth Games village within the next 40 days. Delhi government and the income tax department have also asked the urban development minister to reserve some of the flats for its officials.

DDA has been looking at auctioning the remaining flats in CWG village for a while. The proposal, sent to the ministry of urban development, has been accepted only now, sources in the Authority said.

The last time DDA held auction of the flats was in 2012. “There were two motives for holding the auction then. One was to test the market and see if we can attract a good response, which we did. The second was to get rid of part of our inventory,” said a senior official of the Authority. The auction being planned now is being held for the same reasons besides an additional one in that this time around DDA wants to get the best prices, he said.

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