DDA's Narela LIG flats see record rush as 2,500 units booked in two hours

The Delhi Development Authority's discounted housing scheme for Low Income Group (LIG) flats in Narela has generated extraordinary demand, with more than 2,500 units sold within the first two hours of the offer going live. The substantial 25 per cent price reduction proved a major draw for prospective homebuyers in the National Capital Region, overwhelming expectations for the property launch.

The rapid clearance of such a significant portion of inventory underscores persistent demand for affordable housing in Delhi, despite challenging economic conditions. The Narela development, positioned on the city's outskirts, has emerged as an attractive option for middle and lower-income households seeking homeownership.

The DDA's aggressive discount strategy appears to have successfully addressed earlier concerns about sluggish sales in its housing schemes. The response suggests pent-up demand among eligible beneficiaries who had been waiting for favorable pricing in the affordable housing segment.

It remains unclear whether additional tranches of flats remain available or if the full allocation for this phase has been exhausted. The authority has not yet announced details regarding further offerings or alternative schemes for interested applicants.