Recent move enables private developers to bid on DDA land parcels

16 Aug 2019 Editorial Team

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.

Real Estate

08 Apr 2026

BPTP awards Rs 4.88 billion contract to NCC

BPTP has awarded a construction contract worth Rs 4.88 billion to NCC Limited for its residential project Downtown 66 in Gurugram.The contract covers civil structure and finishing works for a total construction area of approximately 1,79,302 sq m, including residential towers and associated amenities, in line with approved plans and specifications.Located along Golf Course Extension Road, the project forms part of BPTP’s Gurugram portfolio and is designed around modern living, sustainability, connectivity and occupier-centric planning.Commenting on the development, Manik Malik, CEO & Pre..

Blue Cloud Acquires Global Impx To Build AI Energy Platform

Blue Cloud Softech Solutions Limited (BCSSL) said its board has approved an all-share acquisition of 100 per cent of Global Impx Inc. (GIX) as part of a strategic pivot into AI-driven energy and digital infrastructure, subject to execution of definitive agreements and regulatory, corporate and shareholder approvals including a Special Resolution at an Extraordinary General Meeting scheduled for May 04, 2026. The BSE-listed technology conglomerate intends the transaction to accelerate its evolution into a technology enabled infrastructure company operating at the convergence of artificial intel..

Hyatt House Offers Home-Like Stays Across 140 Locations

Hyatt House hotels (Hyatt House) is presented as a brand designed to welcome guests seeking spacious and well equipped living accommodations for short or long term stays. The brand operates at more than 140 locations worldwide and delivers home like amenities and purposeful service. It highlights complimentary home cooked breakfast and a creatively curated menu at H Bar as part of its offering. The offering is positioned to appeal to professionals and families who seek both convenience and a sense of familiarity while travelling. Hyatt House provides contemporary spaces that include indoor and..