A big and attractive opportunity has emerged at the government level for home buyers and investors looking for their home in Delhi-NCR. The digital e-auction process of residential flats has been launched at a prime location in the National Capital Region with excellent connectivity to three major metro stations and Delhi-Meerut Expressway (NH-9). The most special thing about this housing scheme is that it has made available spacious 2BHK and premium flats ranging from the starting base price of ₹ 26 lakh to ₹ 1.5 to ₹ 2 crore for everyone from Economically Weaker Section (EWS) to Middle Class and High-Income Group (HIG). While prices are skyrocketing in projects by private builders, these ready-to-move-in and transparent options offered by government development authorities are directly attracting buyers.
Tremendous connectivity of 3 major metro stations and expressways
The flats included in this residential scheme are located in strategic areas of NCR with easy access to public transport and inter-city connectivity:
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Vaishali, Kaushambi and Anand Vihar Metro Connectivity: The location is very close to major stations of the Blue Line of Delhi Metro, making the journey to Central Delhi, Connaught Place and Noida within minutes.
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Proximity to Namo Bharat (RRTS) Station: Due to direct connectivity with Sahibabad and Anand Vihar RRTS stations, rapid rail travel to Meerut and Sarai Kale Khan is very easy.
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Delhi-Meerut Expressway and NH-9: Being directly connected to UP Gate and Delhi-Meerut Expressway, movement by private vehicles is possible without any traffic jam.
Options ranging from ₹26 lakh to ₹2 crore as per budget
Amidst the rising cost of flats in the private sector, this e-auction has been designed keeping in mind the financial budget of all sections:
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EWS and LIG Categories: There are affordable options for new buyers and low-budget families ranging from ₹26 lakh to ₹35 lakh.
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MIG & Spacious 2BHK Flats: Open and spacious 2BHK ground and upper-floor flats with an area of approximately 130 to 150 square metres, are priced in the range of ₹90 lakh to ₹1.35 crore.
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HIG and 3BHK Luxury Units: Flats with premium amenities, car parking and large carpet area are available for e-auction at reserve prices ranging from ₹1.6 crore to ₹2 crore.
Easy installments and complete structure of transparent e-auction
To ensure that buyers do not have to bear the heavy financial burden of paying the entire amount in lump sum, the facility of flexible payment plan has been provided. Successful bidders will be required to make an upfront payment of 10% to 20% of the total property value after the auction, while the remaining amount is allowed to be repaid through a bank loan in easy monthly or annual installments. The entire process is 100% online and computer based, which completely eliminates the scope for any kind of rigging or middlemen.
Easy process to participate in e-auction through digital medium
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Go to the official e-Auction Portal (e-Services Portal) and create a User ID by entering your valid mobile number and Aadhaar.
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Download details of location, carpet area and reserve price of flats listed under the respective scheme.
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Make online payment (NEFT/RTGS/Net Banking) of prescribed token money/Earnest Money Deposit (EMD) and non-refundable registration fee.
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Log in to the live bidding console on the day of the auction and bid for your favorite property.