DDA’s Significant Modifications in Delhi Master Plan
With the coronavirus pandemic impacting real estate sector, the Delhi Development Authority (DDA) approved two significant modifications in Master Plan of Delhi (MPD) 2021 to help stakeholders for strong business proposition.
During DDA’s board meeting chaired by Lt Governor Anil Baijal, nods wer
With the coronavirus pandemic impacting real estate sector, the Delhi Development Authority (DDA) approved two significant modifications in Master Plan of Delhi (MPD) 2021 to help stakeholders for strong business proposition.
During DDA’s board meeting chaired by Lt Governor Anil Baijal, nods were given to increase maximum ground coverage warehouses in integrated freight complex (IFC) and wholesale markets from 30 per cent to 40 per cent and Floor Area Ratio (FAR) from 80 per cent to 100 per cent.
In other significant development, the authority had cleared a proposal to allow maximum 300 FAR on the remunerative component of the land (part of the land to be used for commercial purposes) irrespective of the land-use. The official said that flexibility in use of land with higher FAR is to incentivise in-situ rehabilitation projects planned by the DDA.
The public notices for inviting objections and suggestions for changes in MPD will be issued before finalising the proposal. As per the policy, residential component of the land area for rehabilitation of squatters is 60 per cent and maximum are for remunerative use is 40 per cent.