Which DDA Flat Is The Best Investment Option?
DDA Housing Scheme 2014 has generated a lot of interest among the public. The 2014 Housing Scheme is offering over 25,000 flats in Delhi in various localities. Applicants will have to give out three options while filling the Housing Scheme Application form. We will help you to understand which flats are being offered at the most attractive rates.
Best investment options according to us in the following price ranges are:
Upto 20 Lakhs: Investing in LIG flats in Dwarka and Nasirpur can prove to be beneficial as both are being offered at 122% below the average market rate of the area. One can also choose to invest in Paschim Vihar, Narela A-6 and Narela A-10 which are being offered at an average discount of 95%, 91% and 91% respectively.
20 – 50 Lakhs: Rohini Phase IV LIG flats is the best investment option, in this price range, as these flats are being offered at an 56% average discount, whereas Shalimar Bagh HIG flat is being given at 55% below the average property rates. Other good investment options are old MIG flats located in Narela, Kalkaji and East Loni Colony which are being given at an average discount of 46%, 41% and 41% respectively.
50 Lakhs and Above: Investing in MIG flats in Mukherjee Nagar can prove to be fruitful as they are being given at 37% below the average market rate. Other beneficial investment options are HIG flats in Rohini Sec 29, Motia Khan, Rohini Sec 18, Mukherjee Nagar, these are being offered at an average discount of 14%, 11%, 10% and 10% respectively.
Several other LIG, MIG, HIG and Expandable Housing Scheme Type A flats are being offered at extremely competitive prices. It has been noticed that the old inventory is being offered at a much attractive rate, this could be because the prices of the old flats are quoted after a depreciation rate of 1.25% per annum.