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FOB complete, traffic flows freely after two-year gap
Hindustan Times Haryana
|April 25, 2025
The Delhi Development Authority (DDA), for a second consecutive year, recorded a revenue surplus and posted ₹1,371-crore surplus at the end of the 2024-25 financial year, after over a decade in the red prior to the last two fiscals, officials aware of the development said.
NEW DELHI:
According to DDA data as of March 31, in 2024-25, the total receipts under General Development Account (GDA) was ₹3,477 crore, while the total expenditure was ₹2,106 crore. While GDA was in substantial loss of ₹1,304 crore in the 2022-23 financial year, it registered a surplus of ₹511 crore in 2023-24, which was a first in 12 years.
"This further augmented to a record surplus of ₹1,371 crore in GDA in 2024-25, registering a growth of 169% as compared to 2023-24. Thus, from a loss-making entity, DDA has transformed into profit-making organisation in two years," a DDA spokesperson said. The key GDA account deals with transactions relating to disposal of houses and shops, licence fees, and management of sports complexes, among others.
This story is from the April 25, 2025 edition of Hindustan Times Haryana.
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