Tag: transit-oriented development

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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…

InfrastructureLatest Stories

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…

InfrastructureLatest Stories

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…

InfrastructureLatest Stories

Transit-Oriented Development Can Transform Bengaluru’s Traffic

Representative image The Revised Master Plan-2041 seeks to enhance the sustainability and livability of the city, harnessing advanced technologies and consulting expert global organizations to foster balanced growth over the next two decades. After withdrawing the controversial Master Plan-2011 draft, the Bangalore Development Authority (BDA) has now issued global tenders to develop the Revised Master Plan-2041 (RMP-2041). This ambitious undertaking aims to align rapid urban growth with sustainable planning to create a well-connected, environmentally friendly urban space. The state government plans to engage top private firms through international bidding, moving away from dependency on state-run bodies. Spanning over 500 sq…

IndustryLatest Stories

Sustainable Cities: India’s Urban Boom Offers Opportunities

Representative image created by AI NEW DELHI: Urbanization should be seen as an opportunity to transform Indian cities into sustainable and inclusive growth hubs, said Durga Shankar Mishra, former Secretary of the Ministry of Housing and Urban Affairs (MoHUA), at the ASSOCHAM Real Estate Conference 2025. He pointed out that under the Viksit Bharat vision, India’s urban population is projected to reach about 880 million by 2047, emphasizing the need for proactive and forward-thinking urban planning. “Real estate currently contributes nearly 13% to India’s GDP, with the affordable housing and development sector expanding at almost 10% annually,” Mishra noted, underscoring…