Friday, June 26, 2020

Now pay 34% less for owning flats at CWG

Now pay 34% less for owning flats at CWG
Finally a respite of relief comes for buyers as DDA slashes down the three bedroom prices at 34% at CWG
(Common Wealth games) Village for three bedroom flats.
In the fresh notice DDA has issued inviting Public Sector Undertakings, corporations, agencies of Centre,
City Government to purchase 10 year old premium flats at Commonwealth games on concessional rates.
It is said that the tentative cost of a dwelling unit with a plinth area of 175-200 sq.ft will range from 3.92
to 4.48 cr affer concession that excludes conversion and two car parking charges.
The scheme is also undertaken to represent again unsold units. The coronaVirus and lockdown had
distrupted offering earlier.
Now Senior official of DDA has confirmed that there are 80 units available for sale. The listed organizations
that had purchased flats earlier are Exim bank, NABARD, Food Corporation of India, IRTC and Tourism
Corporation.
Earlier also in 2015, the auctions were done for these flats but the buyers had perception that prices were
higher. Now with the concessional rates coming up, DDA is also expecting to see some good demand for
the unsold units.

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