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Centre urges unified urban planning, expanded credit for housing needs

File Photo NEW DELHI: On Friday, Union Housing and Urban Affairs Minister Manohar Lal stressed the necessity for cooperation among policymakers, financial institutions, and urban planners to improve accessibility and inclusivity in housing finance, especially with the anticipated surge in India’s urban population. During a conference organized by the National Housing Bank (NHB) and the Asia Pacific Union for Housing Finance (APUHF), the minister underscored the importance of integrated urban planning, which includes developing housing linked to transportation and innovative policies to meet future demand. Citing a joint study conducted by NITI Aayog and the Ministry of Housing and Urban…

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Reforming Land Policies Can Boost Housing Affordability: Niti Aayog

Representative AI image NEW DELHI: Rajiv Gauba, a member of Niti Aayog, highlighted significant challenges in housing development due to land constraints. He called for comprehensive reforms to reduce land costs. “We should allocate a minimum of 10% of residential land for affordable housing in our master plans, increase permissible FARs (Floor Area Ratios) from the current 2-3 to 5-6, promote transit-oriented development, and adopt land pooling. These strategies will help reduce land costs and increase housing supply,” he stated. Currently, land accounts for 50-70% of total project costs, which is notably higher than in similar infrastructure sectors. Gauba made…

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Public Transport Should Lead Urban Mobility, Says Housing Ministry

NEW DELHI: Union Minister of State for Housing and Urban Affairs, Tokhan Sahu, emphasized on Tuesday the need for public transport to become the primary mobility option in Indian cities. He highlighted that the increasing reliance on private vehicles is worsening air quality and traffic congestion, especially in the national capital. During a conclave hosted by the Delhi chapter of the National Real Estate Development Council (NAREDCO), Sahu stressed that urban planning should prioritize public mobility, enhance last-mile connectivity, and encourage housing developments near workplaces to boost the overall quality of life. He also noted that development must strike a…

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Five Roads in Jaipur Metro Designated as Transit Corridors

JAIPUR: The Jaipur Development Authority (JDA) has designated five crucial roads along the metro line as Transit-Oriented Development (TOD) corridors. A TOD corridor is an area within an 800-meter radius of metro stations, where mixed land use—residential, commercial, and industrial—will be mandatory. On Thursday, JDA Commissioner Anandhi announced that this decision aligns with the state government’s Transit-Oriented Development Policy-2025. The TOD corridors include: Veer Tejaji Circle to Pandit TN Mishra Marg junction (1.4 km) Pandit TN Mishra Marg junction to Bharat Ashram Marg junction (1.5 km) Bharat Ashram Marg junction to Janpath Marg junction (1.1 km) Janpath junction to ESI…

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Five Jaipur Metro Roads Designated as Transit-Oriented Corridors

JAIPUR: The Jaipur Development Authority (JDA) has announced five major roads along the metro line to be designated as Transit-Oriented Development (TOD) corridors. A TOD corridor is an area within an 800-meter radius of metro stations, where mixed land use—including residential, commercial, and industrial—is required. On Thursday, JDA commissioner Anandhi stated that this decision aligns with the state government’s Transit-Oriented Development Policy-2025. The designated TOD corridors include: Veer Tejaji Circle to Pandit TN Mishra Marg junction (1.4 km) Pandit TN Mishra Marg junction to Bharat Ashram Marg junction (1.5 km) Bharat Ashram Marg junction to Janpath Marg junction (1.1 km)…

Latest StoriesResidential

Karkardooma Tower Project Sees 1,500 Bids, Exceeds Flat Supply

NEW DELHI: The Delhi Development Authority (DDA) announced the successful reception of bids for its upcoming high-rise project, ‘DDA Towering Heights’, located in Karkardooma. Officials reported this on Wednesday. This initiative marks the first housing project created under Delhi’s Transit Oriented Development (TOD) policy. “Approximately 1,500 bids have been received for the 1,026 two-bedroom flats available. The central location and excellent connectivity options have significantly driven demand,” officials noted. Situated next to the Karkardooma metro station, this project offers direct access to both the Blue and Pink lines of the Delhi metro, alongside easy connections to National Highway (NH)-9, NH-24,…

Latest StoriesResidential

Delhi Residents Cannot Complain About DDA’s Housing Quality

NEW DELHI: Homebuyers will not be able to raise complaints regarding defects in the flats offered through the Delhi Development Authority’s (DDA) Towering Heights premium housing scheme in East Delhi, as per the terms outlined in the scheme. Earlier this month, the DDA introduced 1,026 premium 2 BHK flats starting at Rs 1.78 crore, developed under its Transit-Oriented Development (TOD) policy. According to the scheme’s brochure, available on its official site, section 18.4 states, “DDA shall also not entertain complaints about the price of the flat, its design, the quality of materials used, workmanship, or any other defects.” Allottees are…

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Ghaziabad: Higher FAR & Mixed Use to Boost TOD Zone Revenue 200%

GHAZIABAD: The launch of the transit-oriented development (TOD) policy along the 45km rapid rail corridor is poised to substantially enhance revenue generation. This policy will increase the floor area ratio (FAR) in the TOD influence area by 33–50% from the current 1.5, with provisions for mixed land use. Authorities estimate that this initiative could boost revenue from the zone by more than 200%. Officials confirmed that the Ghaziabad Development Authority (GDA) and the National Capital Region Transport Corporation (NCRTC) will share revenue generated from TOD equally. NCRTC has requested GDA to ensure that revenue from map approvals within the TOD…

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Jaipur Introduces Draft Policy for Transit-Oriented Development

JAIPUR: The urban development department has announced a draft of its Transit Oriented Development (TOD) policy, aimed at creating planned, mixed-use areas along transit corridors in Jaipur. The initiative encourages access to stations by foot or non-motorised vehicles, reducing reliance on private transport. Public comments on the draft are welcome until September 14. This TOD policy seeks to enhance public transit usage, lower dependence on personal vehicles, alleviate traffic congestion, cut pollution, and foster smart urban growth. The TOD zone is indicated as an area within an 800-meter radius of designated transit nodes, including metro and railway stations. Within these…

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Cabinet Approves New City Project in Bhubaneswar

BHUBANESWAR: The state cabinet, presided over by Chief Minister Mohan Charan Majhi, has granted in-principle approval for the highly anticipated ‘New City’ project on Bhubaneswar’s outskirts. Chief Secretary Manoj Ahuja shared that the proposed city will be developed within the Bhubaneswar Development Plan Area (BDPA) and will encompass approximately 800 acres across Gothapatna, Malipada, and Daspur. This initiative is part of the state’s long-term vision, Viksit Odisha 2036, aimed at creating a multi-economic growth zone. The anticipated investment is projected to be Rs 8,179 crore over the next 15 years, combining both public and private sectors. An initial budget of…