By Bricksnwall | 2026-03-11
Policy improvements and easier access to the
market led to a 340.9% jump in house sales and a 152.9% rise in revenue for the
DDA.
According to official data released on
Tuesday, the Delhi Development Authority (DDA) has seen a big jump in housing
sales and revenue over the past four years. This is because more people are
buying homes and the DDA has changed how it sells homes.
The authority's numbers reveal that DDA sold
29,909 homes between 2022-23 and 2025-26. This is a 340.9% rise from the 6,783
homes sold in the previous four years, from 2018-19 to 2021-22. During this
time, sales brought in ₹10,446 crore, which is 152.9% more than the ₹4,130
crore that sales brought in during the previous four years.
Officials said the rise was due to higher
demand and big regulatory reforms meant to make sales easier and schemes more
accessible. "The authority has taken a number of efforts to make the
housing selling process easier and the schemes more available to buyers. An
official added, "The LG enforced several changes in rules and simplified
procedures that led to more people taking part in recent housing schemes, such
as the merging of flats and allowing people to choose their own flats."
Officials noted that one of the main changes
that helped boost sales was doing rid of the rule that specified property
owners with 67 square meters or more could not buy additional DDA unit. The
authorities also changed the lottery method to a first-come, first-served
approach and included flat selection, which lets buyers see sample flats and
real units before making a choice.
"There was also a conscious effort to
deal with the backlog of unsold flats and to come up with plans that meet
market demand." The official went on to say, "This helped sell more
units."
To entice more purchasers and speed up the
allotment process, other steps were taken, such as combining nearby flats,
allowing government organizations or private businesses to buy in bulk, and
taking parking space out of flat cost calculations.
In the previous few years, the housing plans
have been changed in a number of ways. The official said, "These included
making paperwork easier, giving people more payment options, and making the
allotment process more open."
The rise in revenue helped DDA halt a
ten-year streak of annual losses. The authority made a profit of more than ₹511
crore in FY 2023-24, its first profit since 2012-13. It then made a profit of
₹1,672 crore in FY 2024-25 and over ₹2,083 crore in FY 2025-26, which was three
years in a row of profits.
Officials said the authority has also been
running targeted housing programs for certain groups of purchasers. Some plans
have focused on clearing out stock in certain areas, such Narela and Siraspur.
Others have offered discounts and changed price structures to get more people
to join.
The authority has been working to make the
programs more helpful to people who apply. "The higher number of flats
sold and the rise in revenue that goes with it show that people are responding
to those efforts," the official said.
Officials indicated that the authority aims
to keep releasing more housing inventories through upcoming programs to keep
sales going strong.
Source: Hindustan Times