India, Feb. 21 -- The Delhi Development Authority (DDA) on Friday approved a Rs 14,962 crore budget for 2026-27 and reported a revenue surplus of Rs 2,112 crore in 2025-26 till February 18. The decisions were taken at an Authority meeting chaired by Delhi Lieutenant Governor Vinai Kumar Saxena.

This is the third consecutive year that DDA has posted a revenue surplus. The turnaround comes after more than a decade of losses. Officials said DDA had recorded a surplus of Rs 511 crore in 2023-24 under its General Development Account (GDA). The latest surplus marks a steady rise in revenue. The GDA handles income from housing sales, shops, licence fees and sports complexes.

The growth has been driven mainly by strong housing sales. Housing re...