DDA enters the luxury housing market with ₹5cr duplex penthouses in Dwarka

The Delhi Development Authority (DDA), in an attempt to enter the luxury housing segment, is set to launch its first set of penthouses in Dwarka, the registration process for which will begin on November 30, officials aware of the matter said.

- Snehil Sinha

These penthouses, which will be four-bedroom duplex apartments with a plinth area of 424 square metres, will come up in Dwarka Sector 19B around 13km from the Indira Gandhi International (IGI) airport-and will be ready to move in by December-end or January, the officials said.

These houses will come with a reserve price of ₹5 crore - the highest price at which DDA has launched any residential property in the city- and will be up for auction, the officials added.

"These are our most premium flats so far, and we expect them to be booked quickly. We have already received several queries for them," said DDA vice chairman Subhashish Panda.

The penthouses will be part of what DDA is billing as a luxury society with 1,130 flats - 14 penthouses, 170 Super HIG flats, and 946 HIG flats. Officials said this society complex will have II towers facing the under-development 18-hole golf course in Dwarka, along with two parking spaces.