DSIIDC Initiates Steps to Register and Allot 4,350 Flats in Bawana
Real Estate

DSIIDC Initiates Steps to Register and Allot 4,350 Flats in Bawana

In response to objections raised by the Real Estate Regulatory Authority (RERA) regarding the sale of unregistered housing units, the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has embarked on the process of completing formalities for approximately 4,350 unallotted and unoccupied flats in northwest Delhi's Bawana.

These flats, constructed between 2010 and 2011, were intended to address the housing needs of workers employed in the industrial areas of Bawana, Narela, and other nearby regions. Despite initial allotments and some units being taken over by the Delhi Urban Shelter Improvement Board (Dusib) for slum dwellers, a significant number remain vacant and have been subjected to theft and deterioration.

DSIIDC's initial attempt to sell 4,348 flats in 2022 was halted by RERA, which objected to the sale of unregistered properties. In response, DSIIDC is now engaging consultants to prepare and submit necessary site plans, drawings, and obtain non-objection certificates from various authorities including the Municipal Corporation of Delhi, Delhi Urban Art Commission, Delhi Fire Services, Delhi Jal Board, and the Delhi Development Authority. Additionally, occupancy certificates for the completed low-cost group housing industrial flats will be secured.

DSIIDC officials expressed optimism about the process, aiming to complete the necessary formalities within six months and subsequently attempt to sell these low-cost flats to industrial and business workers in the vicinity.

In a bid to prevent further deterioration and theft, DSIIDC is also taking measures to hire security guards for its housing projects across the city. Many of these flats, unoccupied and in varying stages of construction, are currently in a dilapidated state.

This initiative is part of a broader project under the Jawaharlal Nehru National Urban Renewal Mission, wherein DSIIDC was tasked with building 34,260 low-cost houses in the early 21st century. To date, 17,660 units have been completed, with 16,600 remaining incomplete.

As DSIIDC moves forward with these steps, the successful registration and sale of these flats could provide much-needed housing for the industrial workforce and bring new life to the long-abandoned projects.

In response to objections raised by the Real Estate Regulatory Authority (RERA) regarding the sale of unregistered housing units, the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has embarked on the process of completing formalities for approximately 4,350 unallotted and unoccupied flats in northwest Delhi's Bawana. These flats, constructed between 2010 and 2011, were intended to address the housing needs of workers employed in the industrial areas of Bawana, Narela, and other nearby regions. Despite initial allotments and some units being taken over by the Delhi Urban Shelter Improvement Board (Dusib) for slum dwellers, a significant number remain vacant and have been subjected to theft and deterioration. DSIIDC's initial attempt to sell 4,348 flats in 2022 was halted by RERA, which objected to the sale of unregistered properties. In response, DSIIDC is now engaging consultants to prepare and submit necessary site plans, drawings, and obtain non-objection certificates from various authorities including the Municipal Corporation of Delhi, Delhi Urban Art Commission, Delhi Fire Services, Delhi Jal Board, and the Delhi Development Authority. Additionally, occupancy certificates for the completed low-cost group housing industrial flats will be secured. DSIIDC officials expressed optimism about the process, aiming to complete the necessary formalities within six months and subsequently attempt to sell these low-cost flats to industrial and business workers in the vicinity. In a bid to prevent further deterioration and theft, DSIIDC is also taking measures to hire security guards for its housing projects across the city. Many of these flats, unoccupied and in varying stages of construction, are currently in a dilapidated state. This initiative is part of a broader project under the Jawaharlal Nehru National Urban Renewal Mission, wherein DSIIDC was tasked with building 34,260 low-cost houses in the early 21st century. To date, 17,660 units have been completed, with 16,600 remaining incomplete. As DSIIDC moves forward with these steps, the successful registration and sale of these flats could provide much-needed housing for the industrial workforce and bring new life to the long-abandoned projects.

Next Story
Infrastructure Urban

Shoals' Q3 2024 revenue falls 23.9% due to project delays, supply chain

Shoals Technologies Group, a U.S.-headquartered manufacturer of electrical balance of systems (EBOS) for solar, energy storage, and e-mobility, reported a 23.9% year-over-year (YoY) decline in revenue, which dropped to $102.2 million in the third quarter (Q3) of 2024. This decline was mainly attributed to project delays and supply chain disruptions. The company posted a net loss of $300,000, a significant improvement compared to the $9.8 million net loss in Q3 2023. Adjusted net income was reported at $13.9 million, reflecting a 58.2% YoY decrease. Adjusted EBITDA stood at $24.5 million, a 4..

Next Story
Infrastructure Energy

FTC Solar sees 67% YoY decline in Q3 revenue from lower volumes

FTC Solar, a U.S.-based provider of solar tracker systems, reported a revenue of $10.14 million in the third quarter (Q3) of 2024, surpassing analyst expectations by $240,680. However, this figure marked a 66.8% year-over-year (YoY) decline compared to the same quarter in 2023, primarily attributed to reduced product volumes. The decline in solar tracker revenue was mainly due to an 82% decrease in the amount of MW produced, which was negatively impacted by delays in customer projects. This was partially offset by an increase in the average selling price (ASP), which led to better pricing an..

Next Story
Infrastructure Urban

Dilip Buildcon wins bid for BharatNet Phase III broadband project

Dilip Buildcon announced on Tuesday, November 12, that its STL-DBL consortium had submitted the lowest bid for BSNL's BharatNet Phase III broadband connectivity project. The USOF-funded project, which aims to provide middle and last-mile connectivity in Jammu Kashmir and Ladakh, is valued at Rs.1,625.36 Crore. Dilip Buildcon holds a 70.23% stake in the implementation of the project. The project is expected to be completed in three years, and the corporation will secure a 10-year maintenance contract. In recent days, BSNL has awarded several contracts for the BharatNet project. On Monday, No..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000