Master Plan 2041 approved by the Delhi Development Authority
Real Estate

Master Plan 2041 approved by the Delhi Development Authority

The Delhi Development Authority (DDA) has approved the capital's draft Master Plan 2041, paving the way for the city's growth and development in the future.

In Delhi, clean economies like IT/cyber hubs, knowledge-based industries, and R&D facilities are proposed by the master plan. Additionally, there is room for the growth of the night-time economy. The authority intends to increase housing supply as part of the master plan through private participation in land pooling and the regeneration of planned and unplanned areas with incentive FAR.

To meet the demand for housing in already developed areas, the DDA also proposed the construction of non-ownership/rental housing and Affordable Rental Housing Complexes, particularly in close proximity to mass transit, in new formats such as serviced apartments, condominiums, hostels, student housing, and worker housing. In addition, the plan allows for flexible loading of the Floor Area Ratio (FAR), Transfer of Development Rights (TDR) in receiving areas, and additional development controls to promote walkability, sustainable design, active frontage, and other principles of sustainable urban planning in land pooling areas.

An integrated Low-Density Residential Area (LDRA) and green belt policy is being proposed by Green Development Area (GDA), which will result in the regularization of farm houses in the capital. After receiving approval, the Draft Master Plan for Delhi -2041 will be sent to the Ministry of Housing and Urban Affairs for final approval and notification.

According to Lt. Governor VK Saxena, the focus of MPD-2041 was inclusive development, environmental sustainability, a green economy, the development of infrastructure that included sufficient housing for all social classes, novel interventions like TOD hubs, land pooling, a green development area, and the revitalization and redevelopment of the city. In accordance with the Delhi Development Act of 1957, the first Master Plan for Delhi was published in 1962. These plans provide a comprehensive framework for Delhi's planned development and are prepared for 20-year time frames.

The Delhi Development Authority (DDA) has approved the capital's draft Master Plan 2041, paving the way for the city's growth and development in the future. In Delhi, clean economies like IT/cyber hubs, knowledge-based industries, and R&D facilities are proposed by the master plan. Additionally, there is room for the growth of the night-time economy. The authority intends to increase housing supply as part of the master plan through private participation in land pooling and the regeneration of planned and unplanned areas with incentive FAR. To meet the demand for housing in already developed areas, the DDA also proposed the construction of non-ownership/rental housing and Affordable Rental Housing Complexes, particularly in close proximity to mass transit, in new formats such as serviced apartments, condominiums, hostels, student housing, and worker housing. In addition, the plan allows for flexible loading of the Floor Area Ratio (FAR), Transfer of Development Rights (TDR) in receiving areas, and additional development controls to promote walkability, sustainable design, active frontage, and other principles of sustainable urban planning in land pooling areas. An integrated Low-Density Residential Area (LDRA) and green belt policy is being proposed by Green Development Area (GDA), which will result in the regularization of farm houses in the capital. After receiving approval, the Draft Master Plan for Delhi -2041 will be sent to the Ministry of Housing and Urban Affairs for final approval and notification. According to Lt. Governor VK Saxena, the focus of MPD-2041 was inclusive development, environmental sustainability, a green economy, the development of infrastructure that included sufficient housing for all social classes, novel interventions like TOD hubs, land pooling, a green development area, and the revitalization and redevelopment of the city. In accordance with the Delhi Development Act of 1957, the first Master Plan for Delhi was published in 1962. These plans provide a comprehensive framework for Delhi's planned development and are prepared for 20-year time frames.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement