DDA Launched 25000 Residential Apartments in different parts of Delhi.

Posted by eyehomz on August 23rd, 2014

The new launch of DDA is going to boost the real estate sector of Delhi-NCR. There are some property Gurus who are of the view that these new launch is going to hamper the new projects of Noida region, which are close to Delhi. But many economists are of the view this kinds of move is the booster of real estate sector of Delhi-NCR.  We are going to discuss in the following lines about the move of DDA and recently launched residential projects. In the subjective way we are going to make the clear picture of how the developmental plans influence the growth and development of Noida and Gurgaon. Since independent DDA has been the sole authority in development of infrastructure and real estate in Delhi, in later phases there was the era of emergence of private firm in the field of development.

It is better to give the credit to DDA for the introduction of apartment culture in Delhi. Which ultimately resulted to the growth and development of other regions of NCR Ajnara Homes a luxury abodes which are being developed on the international standard. This project is completely different from the apartments of DDA. DDA is the big organization and working on the goal to give home to all. This kinds of great approach of DDA has been delivering all kinds of flats in private real estate companies emerged in the field of real estate development.

In the following lines we are going to discuss the differences in approach of development from new real estate firms and DDA. The first kind of difference which is very clear – related to the price. The price of 3BHK apartment form DDA is very low in comparison to private developers. There are many causes behind it. The first cause is related to the luxury, the new developers make luxury apartments having all kinds of amenities , these apartments have imported marbles floorings, VRV system, high-end security system. The residential projects developed by private firms have highly modern club house swimming pools, Gymnasium, beauty lounge etc. It we talk about the apartments developed by DDA don of provide these kinds of facilities. It is the duty of buyer to develop and design interiors by  themselves. So, in the later phases of development DDA became favorable for Middle Income Group. The high income group and newly emerged salaried class were shifted to the residential apartments of Noida and Gurgaon.

As we can see from the above discussion that how DDA has played the big role to change the mind-set of the people of region and also given way for the development of big and luxurious residential projects in Delhi-NCR. DDA has recently shifted its parameter and now giving luxurious as well as semi-luxurious residential apartments. This kinds of move of DDA is a real threat of emerging private real estate developers of Delhi-NCR. It is expecting that Delhi would get many new residential project after getting the stable government.