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DDA: Here’s how you can purchase houses, shops and office space at cheaper rates in Delhi

Here’s everything about DDA's Monsoon Bonanza Offer

By Newsd
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DDA: Here’s how you can purchase houses, shops and office space at cheaper rates in Delhi

Delhiites can now fulfill their dream of own house, shop, and office. Delhi Development Authority (DDA) has good news for you. DDA has given a Monsoon Bonanza offer, in which over 500 residential, industrial, commercial plot and shops will be auctioned through e-auction. You can get a cheap property by the market price. DDA has informed about this through advertisements.

Here’s everything about DDA’s Monsoon Bonanza Offer:

Registration from July 9

If you want to participate in this auction of DDA, then you have to register. To join the e-auction process, online registration will be done by visiting the DDA website. Online registration for participation in the auction of these properties of DDA will begin on July 9. The last date for depositing Ernest Money Deposit (EMD) with online registration and required documents is 23 July 2019 (till 6 PM).

More than 500 plots will be auctioned

DDA is first doing an online auction of more than 500 plots. According to the advertisement, DDA will conduct 200 auctions of industrial plots, 157 residential plots, 72 shops and office space, 27 commercial plots. All these will be auctioned on a freehold basis. Apart from this, an online auction of 50 Institutional Plots, 15 Kiosks / Restaurants, and 100 Mobile Towers will be done. These properties will be auctioned on a leasehold basis.

How much property and when will it be auctioned

On July 5, 2019, online auction of 157 Residential Plots (Free Hold) will be done.

On July 26, 2019, there will be an e-auction for 50 Institutional and 27 Commercial Plots (Free Hold).

On July 27, 2019, 200 industrial plots (freehold) will be auctioned.

On July 29, 2019, there will be an auction of 100 mobile towers, 72 shops or office space (freehold), 15 kiosks/restaurants (license properties) and 50 institutional plots (leasehold).

How can you participate in e-auction?

Participant must deposit Ernest Money Deposit (EMD) to participate in the e-auction. All documents must be submitted for full details of KYC. Digital Signature will be necessary. If you want to take part in the auction, you can take your digital signature by visiting the valid agency. On submission of EMD and KYC documents at the DDA office or Citizen Facilitation Center, on the behalf of e-auctioneers, the login id and password will be sent to the bidder’s email id, through which the auction can be taken.

Where to contact

For any information related to this e-auction of DDA, you can call this phone numbers- 011-49424365 / 8800991846/8800378610 from 11 a.m. to 5 p.m. in all working days. Apart from this, DDA can also get information on toll-free number 1800110332. At the same time, full information on the auction can be obtained through mail at [email protected] and [email protected]. All information will be available at the DDA website https://dda.org.in/.

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