DDA launches second phase of Towering Heights project
The Delhi Development Authority (DDA) on Saturday launched the second phase of its housing scheme ‘DDA Towering Heights’ located in Karkardooma.
Under the project management supervision of CC, DDA’s Towering Heights has been designed as a premium residential address featuring a 48-storey, 155-metre-high tower, making it Delhi’s tallest residential building.
“Under the scheme, a total of 741 flats shall be offered to individuals (retail buyers) on First Come First Serve basis. In addition, 107 flats located in RH-02 Block Towers, namely Pirpanjal, Vindhya, Shivalik and Satpura, are earmarked for bulk allotment to Government Institutions,” a statement from DDA said.
Towering Heights is the city’s first housing initiative developed under Delhi’s Transit Oriented Development (TOD) policy. The TOD concept aims to establish integrated, high-density, and highly accessible urban areas that prioritise pedestrian movement. DDA officials said the registration process for the flats will commence on January 8 and the scheme will end in March this year.
DDA said these flats are presently under construction, with more than 90 per cent completion, and as such, only 75 per cent of the total disposal cost shall be payable by the allottees. The initial Demand-cum-Allotment Letter will indicate 75% of the disposal cost.
The Demand-cum-Allotment Letter (DAL) for the remaining 25 per cent shall be issued once the construction of flats is completed and flats are ready for possession, which is expected in July 2026. 3. The tentative disposal price of the flats does not include maintenance charges & GST thereon, conversion charges and water connection charges. GST shall also be applicable on the disposal price at the applicable rates, which at present is 5 per cent.
“Applications under the Bulk Purchase category shall be processed on First Come First Serve (FCFS) basis, and priority shall be determined based on the date and time of receipt of complete applications, subject to fulfillment of eligibility criteria and availability of flats,” it said. This is the first housing project developed under Delhi’s Transit Oriented Development (TOD) policy.
