Dwarka Projects to Generate ₹29,000 Crore in License Fees for Delhi
NEW DELHI: The Delhi Development Authority (DDA) is poised to generate over ₹29,700 crore in the next 55 years by shifting focus from direct land sales to long-term land monetization. This strategy involves annual license fees from three key projects in Dwarka, aiming to enhance revenue while promoting urban infrastructure development. The three projects include a five-star hotel in Sector 23, Delhi’s inaugural Transit Oriented Development (TOD) project in Sector 22, and a 600-bed super-speciality hospital in Sector 9. This approach represents a significant shift in DDA’s operations, allowing it to unlock value from limited land resources without giving up…