Delhi Development Authority awaits housing ministry nod to implement relaxation. Moved aimed at ensuring that fresh housing stock does not go unsold while old inventory is piling up.
Burdened with unsold inventory, Delhi Development Authority will consider changes suggested by consultant and is looking to ‘experiment with dynamic pricing and cross-subsidisation’.
Planning experts believe the current trend is a continuation of what started ahead of the 2010 Commonwealth Games which resulted in a construction boom in Delhi.
While there is no tentative date in sight for the final nod for the implementation of MPD-2014, the Centre is examining three major components, including land-pooling policy, to clear the plan.
Delhi Development Authority's land pooling policy remains a non-starter due to 2 criteria landowners struggle to meet — 70% landowner participation & 70% contiguous encroachment-free land.
About 1,100 of 1,862 beneficiaries have already moved in from jhuggis at Bhoomiheen Camp. Teething problems such as hard drinking water are being looked after by 12 DDA officials.
Draft ‘Master Plan For Delhi - 2041’ will be sent to housing & urban affairs ministry for final approval. Critics say it lacks 'local-level planning', puts 'cart before horse'.
PM Modi handed over 3,024 EWS flats in Kalkaji Extension last week as part of DDA project to rehabilitate residents of 376 slum clusters under PMAY housing-for-all scheme.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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