Delhi

DDA plans 14 new housing projects, eyes vacant areas

 

The Delhi Development Authority (DDA) is considering development of 14 new housing projects in its budget for financial year 2018-19. It intends to earmark a major share of the budget for housing and land development projects.

 

Out of the total estimated expenditure of Rs 8,032 cr, as much as Rs 3,633 cr is expected to be incurred on construction of flats and shops. DDA has also earmarked Rs 2,348 cr for land development and Rs 765 cr for acquisition of land and payment of enhanced compensation.

 

Budget receipts for 2018-19 have been set at Rs 5,197 cr, an increase of 52% over the revised estimate of 2017-18 of Rs 3,637 cr. The estimated receipt of Rs 5,197 cr is expected to accrue mainly from disposal of houses and shops (Rs 1,525 cr), disposal of land (Rs 2,206 cr) and miscellaneous receipts (Rs 1,466 cr), a DDA spokesperson said.

 

“To transform Delhi into a world-class city, a request for proposal (RFP) for developing the vacant area available at Dwarka (200 hectares), Rohini (259 hectares) and Narela (218 hectares) has been floated,” the spokesperson said. “Fifteen new development schemes and 14 new housing and related development work have been introduced in the budget estimate for 2018-19,” he said.

 

DDA also plans to construct five socio-cultural centres at Rohini, Dwarka, Shahdara, Mayur Place and Netaji Subhash Place. The authority is also developing 62 acre of land surrounding the Sultangarhi Tomb Conservation Complex in Vasant Kunj and upgrading Vasant Udyan at Vasant Kunj. DDA plans to allocate funds for the rejuvenation and restoration of Yamuna as well.

 

“For optimal utilisation of commercial land, the Master Plan for Delhi 2021 recommended enhancement of the floor-area ratio (FAR) and ground coverage of commercial centres. However, stakeholders were not coming forward to avail the enhanced FAR, maybe because the process is very lengthy and cumbersome,” the spokesperson said.

 

DDA has now decided to make the process of availing of enhanced FAR easier by making the exercise completely online. “It was felt to make apportionment of FAR simple, transparent, online with minimum human intervention. For this, a fixed factor/quotient of enhanced FAR shall be put on the website,” he said. “To promote public parking, there is also a provision of 5% additional ground coverage in MPD 2021 for multi-level parking,” he said.

 

As there are few takers for its one-bedroom flats, DDA had decided to allot the same to central police forces as quarters. As a part of the initiative, it will allot 794 flats to the Central Industrial Security Force.

 

Of these, 574 are at Sector-34 Rohini and 220 at Siraspur. “Our primary aim is to allot flats to the general public but since these flats have been surrendered by allottees in two subsequent housing schemes, we decided to allot them to paramilitary or central police forces. We have sufficient stock of LIG flats in hand and we decided to allot a share of it to CISF,” a DDA official said.
 

Written by The Realty Paper


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