Key facts
- The Delhi Development Authority (DDA) auctioned 142 properties.
- The total revenue generated from the auction was Rs 1,321.21 crore.
- This revenue was nearly three times the cumulative reserve price of Rs 480.38 crore.
- The auction achieved a premium of approximately 175% over the aggregate reserve price.
- Properties included residential, commercial, industrial, and institutional plots across Delhi.
The Delhi Development Authority (DDA) has successfully auctioned 142 properties, generating a total revenue of Rs 1,321.21 crore. This figure represents nearly three times the cumulative reserve price of Rs 480.38 crore, indicating a premium of approximately 175% over the aggregate reserve value.
The e-auction, conducted through DDA's digital platform, saw participation from investors, institutions, and businesses, ensuring fair competition and efficient price discovery. The properties offered included residential, commercial, industrial, and institutional plots, as well as licence fee-based assets located across various parts of Delhi.