DDA Approves Rs 14,962 Crore Budget, Records Rs 2,112 Crore Revenue Surplus
DDA Approves Rs 14,962 Crore Budget, Records Rs 2,112 Crore Revenue Surplus
- •DDA approved a budget outlay of Rs 14,962 crore for FY 2026-27 and reported a Rs 2,112 crore surplus for FY 2025-26.
- •The authority sold over 10,000 housing units in a year for the first time, marking its third consecutive year of revenue surplus after a decade of losses.
- •New measures like increasing token money and switching to a 'first-come, first-served' auction boosted housing unit sales.
- •DDA will allot vacant land for Atal Canteens and Gram Sabha properties for community use, leasing land for canteens at a nominal fee of Re 1 per year.
- •A new DDA Advertisement Policy was approved, and relaxations were granted for land allotted to government universities in Narela to develop it as an education hub.