IndustryLatest Stories

Delhi Master Plan 2041 Might Go Back to the Drawing Board

NEW DELHI: Is the draft Master Plan for Delhi 2041 going back for revisions? Over two years after the Delhi Development Authority (DDA) submitted the draft for notification and implementation—only for it to be sidelined—the discussion around Master Plan 2041 has reignited. On Monday, the Delhi government convened a private meeting to evaluate various elements of this critical document that outlines the future of urban development and infrastructure in the capital. Sources indicate that DDA presented a comprehensive overview of the draft to Chief Minister Rekha Gupta, her cabinet, and senior officials of the Delhi government. Further discussions are anticipated…

InfrastructureLatest Stories

Delhi CM convenes meeting to review Master Plan 2041

File Photo NEW DELHI: Delhi Chief Minister Rekha Gupta has called a high-level meeting on Monday to assess the provisions of the long-awaited Master Plan for Delhi (MPD) 2041, according to officials. The Delhi Development Authority (DDA) submitted the draft plan to the Centre in April 2023, but it has yet to receive approval from the Union Ministry of Housing and Urban Affairs. Sources indicate that the DDA vice-chairman will present a comprehensive overview of the draft to the chief minister and other senior officials, including heads of departments related to industries, environment, and revenue. The meeting aims to concentrate…

Latest StoriesResidential

Delhi body sets July deadline to vacate Signature View Apartments

Representative image created by AI NEW DELHI: The Delhi Development Authority (DDA) has set a deadline for occupants of Signature View Apartments to vacate their homes by the end of this month to expedite redevelopment work at the site. This decision was made in a meeting on Friday. An official stated, “Given the structural assessment by IIT that deemed the building unsafe and the court’s order for its demolition, we prioritized the quick evacuation of the complex. Senior officials from the Municipal Corporation of Delhi (MCD) were also involved in these discussions. MCD may issue evacuation notices to tenants as…

Latest StoriesResidential

Delhi to Launch New Premium Housing Scheme Soon

Representative image created by AI NEW DELHI: The Delhi Development Authority (DDA) is set to unveil a premium housing scheme in 2025, featuring 177 residential flats across high, middle, and lower-income groups, as well as garages throughout the city. The flats will be available via e-auction in locations such as Vasant Kunj, Dwarka, Rohini, Pitampura, and Jasola, among others. “During a meeting chaired by Lieutenant Governor VK Saxena, the DDA approved the Premium Housing Scheme for 2025,” a DDA official stated. The e-auction will also include 67 car or scooter garages. The authority made two significant decisions: first, it has…

CommercialLatest Stories

DDA Approves Reforms to Boost Delhi’s Commercial Real Estate

Representative image created by AI NEW DELHI: The Delhi Development Authority (DDA) has enacted significant reforms aimed at revitalizing Delhi’s commercial real estate sector, making the city more appealing for investment and large-scale development. This announcement was made on Friday. During a DDA meeting led by Lieutenant Governor V K Saxena, the agency announced a drastic reduction in amalgamation charges for commercial properties, slashing them from the existing 10% of the circle rate to just 1%. “High amalgamation costs have long been a major hurdle for developers in Delhi. This decision is anticipated to spark a fresh wave of commercial…

Latest StoriesResidential

DDA to Auction Residential Plots in South Delhi

Representative Image NEW DELHI: The Delhi Development Authority (DDA) has formulated a plan to auction residential plots in prime areas. Shifting focus from flatted development, the DDA has initiated steps to engage a specialized firm for demarcating 118 plots in D6 Vasant Kunj, located in south Delhi. The DDA has issued a tender notice to select an experienced agency to carry out the demarcation, as well as to develop necessary infrastructure like roads, stormwater drains, and pipelines for water supply and sewerage. An official stated, “The goal is to prepare the site for e-auction.” Additionally, the authority has identified areas…

Latest StoriesResidential

Delhi: 800+ Flats Sold in One Month Under Apna Ghar

NEW DELHI: The Delhi Development Authority (DDA) has successfully sold 830 flats within a month of launching the Apna Ghar Awaas Yojana 2025, with 630, or 75%, of the units located in Narela. Officials reported that 150 flats were sold in Loknayakpuram and 50 in Siraspur. “The scheme’s impressive progress is particularly noticeable in Narela, where all 115 EWS flats in Sector A1 A4 were sold out. Moreover, the MIG flats in Loknayakpuram are nearly fully booked,” an official stated. This initiative presents ready-to-move-in homes at discounted prices across several categories, including those for economically weaker sections (EWS), low-income groups…