The Delhi Development Authority (DDA) is currently carrying liabilities of nearly Rs 17,000 crore and a sizeable inventory of unsold flats across the capital, the Lok Sabha was informed recently. In a written reply, Union Minister of State for Housing and Urban Affairs Tokhan Sahu said the agency continues to service its dues on time and that there is no indication of financial mismanagement or administrative inefficiency, according to PTI. Advertisement
As of March 31, DDA’s outstanding liabilities stood at Rs 16,987.98 crore. The minister also shared updated figures on housing stock, revealing that of the 62,801 flats built in Narela, only 31,314 units have been allotted so far, leaving 31,487 units unsold. Across Delhi, DDA’s total unsold housing inventory adds up to 34,052 flats, und

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