NAREDCO Delhi sees TOD Policy 2026 as key driver of metro-linked redevelopment
Real Estate

NAREDCO Delhi sees TOD Policy 2026 as key driver of metro-linked redevelopment

The Delhi Chapter of the National Real Estate Development Council (NAREDCO), under the aegis of the Ministry of Housing and Urban Affairs, recently hosted its Delhi Members Meet and a panel discussion titled “TOD – Changing Delhi’s Skyline” at Shangri-La Eros New Delhi.

The event brought together policymakers, urban planners, architects, developers and industry stakeholders to discuss the newly notified Delhi TOD Policy 2026 and its potential to reshape the capital through mobility-centric and infrastructure-led urban development.

Discussions focused on how Transit-Oriented Development (TOD) can drive planned transformation by integrating housing, commercial activity, public infrastructure and mobility around metro and regional transit corridors. Experts noted that the policy opens one of Delhi’s largest redevelopment opportunities in decades, with nearly 207 km of metro-linked corridors and an estimated 30–40 sq km of immediately developable TOD land expected to support long-term regeneration.

The meet featured an address by Anand Kumar, Chairperson, Delhi RERA, who highlighted the importance of coordinated infrastructure planning, regulatory reforms and sustainable, transit-integrated development. He stressed that all advertisements and brochures must be factual and include the RERA registration number and project weblink. He also noted that any mention of area and pricing must be based strictly on carpet area. Kumar added that the revised policy prohibits rebate schemes such as assured returns, guaranteed rentals and advance rent, except for limited early-payment rebates allowed under Agreement for Sale Rules.

A key highlight was the panel discussion moderated by Gaurav Jain, MD, Samyak Properties & Infrastructure Pvt. Ltd., featuring Harsh Vardhan Bansal, President, NAREDCO Delhi; Gian P Mathur, Managing Director, Gian P Mathur & Associates Pvt. Ltd.; Sheetal Kumar Agrawalla, Managing Director, Galaxy & Sawasdee Group; and Nandni Garg, Director, Rajdarbar Ventures Pvt. Ltd.

Panelists discussed how FAR norms of 400–500 could significantly raise development potential, enabling higher-density mixed-use redevelopment and the creation of walk-to-transit communities. They also highlighted the policy’s single composite TOD charge mechanism and the provision for 60-day deemed approvals, which could streamline approvals and accelerate project execution.

Stakeholders said TOD-led redevelopment could improve housing supply and affordability while reducing pressure on peripheral expansion. The discussions also noted potential spillover effects on NCR markets such as Gurugram and Noida, as buyer preference may shift toward centrally connected metro-linked developments.

Implementation challenges such as land aggregation, financing, redevelopment models, parking norms, height restrictions and inter-agency coordination were also discussed. Participants recommended policy refinements including shifting benchmarks to RERA carpet area, enabling tradability of surplus TDR/FAR, standardising height-FAR conversion, and issuing formal deemed approval orders within seven working days after the 60-day window.

“Transit-Oriented Development is not only about increasing density around transit corridors. It is about creating more efficient, accessible and future-ready urban ecosystems where planning, infrastructure and housing evolve together,” said Anand Kumar, Chairperson, Delhi RERA.

Harsh Vardhan Bansal, President, NAREDCO Delhi, said the TOD framework is becoming central to Delhi’s future growth and connectivity, adding that continuous industry-government collaboration will be crucial for smooth execution and sustainable outcomes.

The Delhi Chapter of the National Real Estate Development Council (NAREDCO), under the aegis of the Ministry of Housing and Urban Affairs, recently hosted its Delhi Members Meet and a panel discussion titled “TOD – Changing Delhi’s Skyline” at Shangri-La Eros New Delhi.The event brought together policymakers, urban planners, architects, developers and industry stakeholders to discuss the newly notified Delhi TOD Policy 2026 and its potential to reshape the capital through mobility-centric and infrastructure-led urban development.Discussions focused on how Transit-Oriented Development (TOD) can drive planned transformation by integrating housing, commercial activity, public infrastructure and mobility around metro and regional transit corridors. Experts noted that the policy opens one of Delhi’s largest redevelopment opportunities in decades, with nearly 207 km of metro-linked corridors and an estimated 30–40 sq km of immediately developable TOD land expected to support long-term regeneration.The meet featured an address by Anand Kumar, Chairperson, Delhi RERA, who highlighted the importance of coordinated infrastructure planning, regulatory reforms and sustainable, transit-integrated development. He stressed that all advertisements and brochures must be factual and include the RERA registration number and project weblink. He also noted that any mention of area and pricing must be based strictly on carpet area. Kumar added that the revised policy prohibits rebate schemes such as assured returns, guaranteed rentals and advance rent, except for limited early-payment rebates allowed under Agreement for Sale Rules.A key highlight was the panel discussion moderated by Gaurav Jain, MD, Samyak Properties & Infrastructure Pvt. Ltd., featuring Harsh Vardhan Bansal, President, NAREDCO Delhi; Gian P Mathur, Managing Director, Gian P Mathur & Associates Pvt. Ltd.; Sheetal Kumar Agrawalla, Managing Director, Galaxy & Sawasdee Group; and Nandni Garg, Director, Rajdarbar Ventures Pvt. Ltd.Panelists discussed how FAR norms of 400–500 could significantly raise development potential, enabling higher-density mixed-use redevelopment and the creation of walk-to-transit communities. They also highlighted the policy’s single composite TOD charge mechanism and the provision for 60-day deemed approvals, which could streamline approvals and accelerate project execution.Stakeholders said TOD-led redevelopment could improve housing supply and affordability while reducing pressure on peripheral expansion. The discussions also noted potential spillover effects on NCR markets such as Gurugram and Noida, as buyer preference may shift toward centrally connected metro-linked developments.Implementation challenges such as land aggregation, financing, redevelopment models, parking norms, height restrictions and inter-agency coordination were also discussed. Participants recommended policy refinements including shifting benchmarks to RERA carpet area, enabling tradability of surplus TDR/FAR, standardising height-FAR conversion, and issuing formal deemed approval orders within seven working days after the 60-day window.“Transit-Oriented Development is not only about increasing density around transit corridors. It is about creating more efficient, accessible and future-ready urban ecosystems where planning, infrastructure and housing evolve together,” said Anand Kumar, Chairperson, Delhi RERA.Harsh Vardhan Bansal, President, NAREDCO Delhi, said the TOD framework is becoming central to Delhi’s future growth and connectivity, adding that continuous industry-government collaboration will be crucial for smooth execution and sustainable outcomes.

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