DDA e-Auction 2024 for 2000 Flats Started on 5th Jan 2024, Check Live Updates

DDA e-Auction 2024 Live Update @ eservices.dda.org.in/eauctiondashboard | DDA e-Auction Registration & Tender Notice – On January 5, 2024, the Delhi Development Authority (DDA) will start to put its finest flats and penthouses up for e-auction as part of the Festival Special Housing Scheme 2024. On November 30, the evening of that day, registration for MIG flats and luxury apartments, including penthouses, opened. Positive responses are coming in from potential buyers, and we will start taking offers for the luxury and MIG units on January 5. Next week, the timetable in its many categories will most likely be made public. [Also Read – DDA Housing Scheme: Online Application, Flat Registration & Price List]

All About DDA e-Auction 2024

Today at 11 am, the Delhi Development Authority (DDA) is starting an online auction to sell about 2093 brand-new, high-quality flats. These flats are either ready to move in or close to completion and will be up for possession soon. You can find them in Dwarka (Sectors 19b and 14) and Loknayakpuram, New Delhi. This auction is part of the “Diwali Special Housing Scheme” designed to make it easy for people to buy these top-notch flats. In total, there are about 1,130 luxurious apartments listed for sale under this scheme. If you want to know all the details about the DDA e-Auction 2024, make sure to read the entire text. [Also Read – Delhi Female Cab Drivers Scheme: Online Registration, Implementation and Eligibility Information]

DDA e-Auction

Overview of the DDA e-Auction

Article NameDDA e-Auction
Started ByDelhi Development Authority
BeneficiaryPeople of State
Apply ProcedureOnline
BenefitsFlats on Lower Prices
CategoryDelhi Government Schemes
Official Websitedda.etender.sbi/SBI/

Diwali Special Housing Scheme 2024 (e-auction)

The Diwali Special Housing Scheme 2024 (DDA e-Auction) by DDA kicked off on November 30. The deadline for submitting the EMD (Earnest Money Deposit) was December 29, and the final date to apply was January 1, 2024. A total of 3055 participants, who paid the EMD charges for the flats, are part of the e-auction process. According to the DDA notification from December anyone wishing to join the bidding had to submit EMD charges. These charges were ₹10 lakh for MIG-2BHK, ₹15 lakh for HIG-3BHK, ₹20 lakh for Super HIG-4BHK, and ₹25 lakh for Penthouse-5BHK. [Also Read – Delhi Electric Vehicle Policy (EV Policy): Online Application, Dealer List ev.delhi.gov.in]

DDA e-Auction 2024 Timing

S. No.CategoryDate of e-AuctionStart TimeClose Time  Remarks
1Penthouse05 – 01 – 202411:00 AM12:00 PMFor all flats in this  
2MIG05 – 01 – 2024Batch 1 is scheduled at 11 AM and Batch 2 at 3 PM. Please refer to the circular dated 02.01.2024 for details.  12:00 PMFor all flats in this  
3Super HIG05 – 01 – 202403:00 PM04:00 PMFor all flats in this  
4HIG06 – 01 – 2024  11:00 AM12:00 PMBatch 1 scheduled at 11 AM and Batch 2 at 3 PM. Please refer to the circular dated 02.01.2024 for details.  

DDA e-Auction 2024 Pricing

The starting prices for the luxurious penthouses and super HIG apartments are set at Rs. 5 crore and Rs. 2.5 crore, respectively. HIG units have a reserve price of Rs 1.4 crore, and MIG apartments will begin at Rs 1 crore. In a departure from past DDA programs where homes were given on a first-come, first-served basis, penthouses, upscale apartments, and MIG flats in Dwarka and Lok Nayak Puram will now be distributed through an e-auction. This decision to use e-auction for luxury and MIG sectors was made after consulting with real estate experts about the pricing of these apartments. [Read More]

All about DDA e-Auction 2024 Timing

  • Commencing with a one-hour bidding window, the auction process seamlessly elongates by five minutes whenever a superior bid is submitted within the last five minutes.
  • This iterative pattern is capped at 20 repetitions, establishing a maximum auction duration of two hours and forty minutes, combining the initial hour with an additional twenty-five minutes.
  • For example, if the bidding process was originally scheduled to run from 11 AM to 12 PM and no offers were received between 11.55 AM and 12 PM, the bid closing will be extended until 12.05 PM. Furthermore, in the event that any offers are received between 12 and 12.05 PM, the bid closure will be extended until 12.10 PM. The deadline for concluding the bidding may be extended as late as 01.40 PM, since this process may be repeated up to 20 times.
  • When the bidding period concludes, the system will showcase the message “Bidding Time Over” on the screen.

Increment Value Per Flat or Multiple Thereof

Each category of flat has a specified minimum increment. In simpler terms, a bidder must propose a price that is at least this amount higher than the current highest bid. In the absence of any previous offers, the bidder is required to quote at least this amount higher than the Reserve price. The following is a compilation of the incremental values: –

CategoryIncrement value per flat or multiple thereof
Penthouse flats2,00,000/- Rupees
Super HIG flats1,50,000/- Rupees
HIG Flats1,00,000/- Rupees
MIG Flats50,000/- Rupees

Apply Procedure to Participate in DDA e-Auction 2024

To engage in the DDA e-Auction 2024, individuals must adhere to the following steps outlined below:

  • First of all you need to go to the official website of Delhi Development Authority (DDA) i.e., eservices.dda.org.in/eauctiondashboard.
DDA e-Auction Official Website
  • On the homepage of the website first click on the login button to logged in to the official website of the DDA e-Auction.
  • Now to view all of the active auctions, click on the Live tab, after that all related details will open on your screen.
  • Clik on “Click Here” bid button on any property and again click on “Agree” button to accept terms and conditions.
  • Now you will be redirected to the auction and bidding room. The residences reserved during the specified timeframe, for which you have completed and submitted your final documentation, will be accessible to you.

Login on the Portal

  • First of all you need to go to the official website of Delhi Development Authority (DDA) i.e., eservices.dda.org.in/eauctiondashboard.
  • On the homepage of the website you have to click on the “Admin” tab. After that login page will open in front of you.
  • Here you need to enter all your information like email id, password, and the captcha code.
  • After submitting all required information, click on the login button to log in to your registered account.

Contact Information

For additional information or if you have any questions or concerns regarding the DDA e-Auction 2024, please don’t hesitate to reach out using the contact details provided below:
Helpline Number: 1800110332

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