2 BHK and 1 BHK Apartments Available in Narela
Out of the 656 apartments on sale, 445 are 2 BHK MIG apartments, and 211 are 1 BHK LIG apartments. Typically, 2 BHK apartments in Narela cost between Rs 1 crore and Rs 1.02 crore. However, after applying the discounts, these units will cost between Rs 75 lakh and Rs 87 lakh.
Registration for Over 600 Apartments Begins
As per official sources, the registration for more than 600 apartments in various categories, launched by the Delhi Development Authority (DDA), began on March 14, 2024. The prices for these apartments will vary between 15% and 25%.
Additional Apartments for Sale at Previous Rates
Furthermore, the Authority has listed 1042 apartments in the lower income group (LIG) and higher income group (HIG) categories for sale at the previous rates.
Part of Diwali Special Housing Scheme 2023
According to officials, these two deals are part of the ongoing Diwali Special Housing Scheme 2023, which aims to sell apartments gradually. The apartments will be distributed on a first come, first served (FCFS) basis.
Discounts Offered
A senior DDA official stated that the scheme offers flats at discounts of 15% and 25% for various categories, including the middle-income group (MIG) and lower-income group (LIG).
Locations and Discount Details
‘Narela and Ramgarh Colony, near Jahangirpuri, are the locations of these discounted 2 BHK and 1 BHK apartments. We are offering a 15% discount to the general public and a 25% price reduction to all government employees—including those serving in central, state, and local governments, autonomous organizations, PSUs, and DDA,’ the official stated.
Objective of the Action
The official further stated that the objective of the action is to boost sales of mid-segment and affordable homes by clearing out inventory.
Discounted Prices for 2 BHK and 1 BHK Apartments
445 of the 656 apartments for sale are 2 BHK MIG units, and 211 are 1 BHK LIG units. After the discount, 2 BHK apartments in Narela will be available for between Rs 75 lakh and Rs 87 lakh, compared to their usual price range of Rs 1 crore to Rs 1.02 crore.
Similarly, the prices of LIG flats range from Rs 15.3 lakh to Rs 16.9 lakh, but after a discount, these flats will be available for Rs 13.1 lakh to Rs 14.5 lakh.
Additional Apartments Available at Previous Rates
Moreover, the 1042 apartments in Jasola, Siraspur, Rohini, and Loknayakpuram will be available at the previous prices. The remaining 1034 apartments in Jasola fall into the 1 BHK LIG category; only 8 HIG flats (3 BHK) are available under the scheme.
Price Range of Available Apartments
These apartments have prices ranging from Rs 14 lakh to Rs 2.18 crore. According to officials, all these apartments are available on an FCFS basis.