The auction included residential, commercial, industrial and institutional properties, with the DDA highlighting its transparent, technology-enabled platform that ensured competitive bidding and efficient price discovery.
The Delhi Development Authority (DDA) has auctioned 142 properties amassing Rs 1,321 crore in revenue, officials said on Wednesday.Under its mega e-auction of land and property assets, the DDA witnessed participation from investors, institutions, businesses and achieved strong value realisation through competitive bidding.“The e-auction achieved a total highest bid value of Rs 1,321.21 crores against a cumulative reserve price of Rs 480.38 crores, realising nearly three times the reserve value and generating a premium of approximately 175 per cent over the aggregate reserve price,” a statement said.Focus on Delhi’s transformation and investment growthEver since taking over, Lieutenant Governor G Taranjit Singh Sandhu has been focussing on developing the capital as a global city that evolves on the principles of clean sustainable investment, world-class housing and opportunities for re-establishment of Delhi as a financial hub, the statement said.According to DDA, the e-auction offered 142 properties and land assets across Delhi, including residential, commercial, industrial and institutional plots and others on licence fee-based assets located in various parts of the city.Digital platform ensured transparent bidding“Conducted through DDA’s transparent and technology-enabled digital platform, the e-auction ensured fair competition and efficient price discovery while providing opportunities for a wide range of stakeholders,” the statement said.Published on June 10, 2026
