Delhi Development Authority cuts commercial property charges to boost real estate
These changes are based on recommendations from a High-Level Joint Government-Industry Task Force formed by LG VK Saxena, which had flagged Delhi's uncompetitive market rates as a deterrent for developers.Alongside reforms in commercial real estate, the DDA approved land use changes in Narela to establish an education hub and a multi-sports integrated stadium.A discount scheme was also cleared for bulk flat purchases by government entities in Narela, mirroring the Apna Ghar Awaas Yojana 2025 public offer.In a residential push, the DDA launched the Premium Housing Scheme 2025 through e-auctions, offering HIG, MIG, and LIG flats and garages in areas such as Vasant Kunj, Rohini, Dwarka, and Pitampura.Additionally, Signature View Apartment residents will receive a facilitation rent during their building's reconstruction phase, ensuring their welfare is protected.These measures reflect the DDA's broader strategy of aligning real estate policies with industry inputs, deregulating processes, and making Delhi more competitive as both a commercial and residential destination.- EndsMust Watch
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Indian Express
a day ago
- Indian Express
Want to buy a DDA flat in Vasant Kunj or Dwarka? Here's a housing scheme for you
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New Indian Express
a day ago
- New Indian Express
Amit Shah reviews Delhi Master Plan 2041 with CM, officials
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Time of India
a day ago
- Time of India
DDA schedules meeting for auction of Rohini warehouse land parcel
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