+
DTCP will allow only 3 floors on affordable housing plots
Real Estate

DTCP will allow only 3 floors on affordable housing plots

Under the Deen Dayal Jan Awas Yojna, the Department of Town, and Country Planning (DTCP) has made it clear that structures with just three stories will be approved.

(DDJAY), as the expert committee established to investigate the rule enabling the building of stilt plus four floors has not yet turned in its report.

In response to widespread complaints from resident groups that floors had been built throughout the city's residential colonies but that not enough had been done to improve infrastructure like roads, power supplies, sewerage and drainage, the state government put the approval of fourth floors on hold on February 23.

All four-story structures had their approval overturned, but there was no mention of any plots for affordable housing. Developers had been confused as a result, and DICP has since clarified the situation.

However, only those proposals with a density of 13.5 individuals (three storeys) will be allowed up until the expert panel presents its recommendation. The directive said that the number of floors would be restored to four "in case the decision to keep approval of four-floor buildings in abeyance is revoked.

Under the Deen Dayal Jan Awas Yojna, the Department of Town, and Country Planning (DTCP) has made it clear that structures with just three stories will be approved. (DDJAY), as the expert committee established to investigate the rule enabling the building of stilt plus four floors has not yet turned in its report. In response to widespread complaints from resident groups that floors had been built throughout the city's residential colonies but that not enough had been done to improve infrastructure like roads, power supplies, sewerage and drainage, the state government put the approval of fourth floors on hold on February 23. All four-story structures had their approval overturned, but there was no mention of any plots for affordable housing. Developers had been confused as a result, and DICP has since clarified the situation. However, only those proposals with a density of 13.5 individuals (three storeys) will be allowed up until the expert panel presents its recommendation. The directive said that the number of floors would be restored to four in case the decision to keep approval of four-floor buildings in abeyance is revoked.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

DGTR Proposes Anti-Dumping Duty on Aluminium

The Directorate General of Trade Remedies (DGTR) has proposed imposing an anti-dumping duty of up to Rs.577 per tonne on aluminium frames imported from China, as reported by the Economic Times. This move aims to address concerns about unfair trade practices and protect the domestic aluminium industry from the adverse effects of low-cost imports. The proposed anti-dumping duty comes in response to allegations that Chinese aluminium frames are being sold in the Indian market at prices below fair market value. Such practices are deemed harmful to domestic manufacturers, potentially leading to ma..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Talk to us?