Recent move enables private developers to bid on DDA land parcels
Real Estate

Recent move enables private developers to bid on DDA land parcels

Delhi Development Authority (DDA) has permitted private developers to bid for its land holdings, giving way to possible new modern apartments in the national capital.

The disposal of residential plots in exchange of group-housing societies through e-auction to various bidders has been approved by the DDA.

Reportedly, realty experts have come out in support for the decision since it will ensure that the apartments have better designs all while DDA will maintain control over FAR norms and construction plans. 

Developers welcome the move but are also cautious, considering factors like

  • Floor Area Ratio (FAR)
  • Possible restrictions 
  • Cost of land 
The group housing will have to be developed in accordance to the terms of the Delhi master plan of 2021, with 15 per cent of FAR allocated for community service personnel or economically weaker section (EWS) and low-income category housing. 

The EWS component will be more than the permissible FAR. This portion will first have to be completed then an occupancy certificate must be taken before the developer can do the same for the remunerative portion.

The developer will not hand-over possession of other (non-EWS) flats to anyone before handing over EWS flats to DDA, as reported.

The move is, however, seen as the right way forward because DDA, as a regulator, is expected to only focus on developing infrastructure and will also allow private developers to build houses for any segment. 

Delhi Development Authority (DDA) has permitted private developers to bid for its land holdings, giving way to possible new modern apartments in the national capital.The disposal of residential plots in exchange of group-housing societies through e-auction to various bidders has been approved by the DDA.Reportedly, realty experts have come out in support for the decision since it will ensure that the apartments have better designs all while DDA will maintain control over FAR norms and construction plans. Developers welcome the move but are also cautious, considering factors likeFloor Area Ratio (FAR)Possible restrictions Cost of land The group housing will have to be developed in accordance to the terms of the Delhi master plan of 2021, with 15 per cent of FAR allocated for community service personnel or economically weaker section (EWS) and low-income category housing. The EWS component will be more than the permissible FAR. This portion will first have to be completed then an occupancy certificate must be taken before the developer can do the same for the remunerative portion.The developer will not hand-over possession of other (non-EWS) flats to anyone before handing over EWS flats to DDA, as reported.The move is, however, seen as the right way forward because DDA, as a regulator, is expected to only focus on developing infrastructure and will also allow private developers to build houses for any segment. 

Next Story
Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

Next Story
Real Estate

Hansgrohe unveils LavaPura Element S e-toilets in India

Hansgrohe India has launched its latest innovation, the LavaPura Element S e-toilet series, introducing a new standard in hygiene-focused, smart bathroom solutions tailored for Indian homes and high-end hospitality spaces.Blending German engineering with minimalist aesthetics, the LavaPura Element S combines intuitive features with advanced hygiene technology. The series is designed for easy installation and optimal performance under Indian conditions, reinforcing the brand’s focus on functional elegance and modern convenience.“With evolving consumer preferences, smart bathrooms are no lon..

Next Story
Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?