[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
The Delhi Development Authority has identified 12 transport hubs, which will be developed
under Transit Oriented Policy (TOD), opening up real estate developments in the capital.
In the board meeting on Thursday, the authority approved the modification to notified TOD
Policy in Delhi.
In the authority assembly in December 2020, preliminary approval for the revised TOD
coverage was given, after that public discover was issued for inviting objections and
The modified TOD coverage will now be forwarded to the Ministry of Housing and
Urban Affairs (MoHUA), GoI for its approval and ultimate notification.
The recognized hubs are Kashmere Gate Multi-modal Transit Hub, Nizamuddin/ Sarai
Kale Khan Multi-modal Transit Hub, Anand Vihar Multi-modal Transit Hub, New Delhi
Railway station, Dwarka Sector-21 metro station, Dwarka Sector-8 to Sector-14 metro
stations hall, Jangpura RRTS station, Haiderpur Badli Mor metro station (Mukarba
Chowk), Rohini Sector-18 metro station, Mukundpur metro station, Karkardooma pink
and blue line metro stations taken collectively and (*12*) metro station
The Transit Oriented Development (TOD) Policy for Delhi was notified by Central Govt.
on December 24, 2020, as a part of Master Plan of Delhi – 2021.
“Thereafter, DDA in consultation with major mass transit agencies like Indian Railways
(IR), Delhi Metro Rail Corporation (DMRC), National Capital Region Transport
Corporation (NCRTC), Delhi Integrated Multi Modal Transit System (DIMTS) and real
estate developers of National Capital Region (NCR), has proposed modifications in
the existing TOD policy to make it more pragmatic in the larger public interest. The
revised policy can potentially improve public transit ridership, reduce vehicular
congestion, and reduce greenhouse emissions and pollution in the long term,” DDA
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