Changes in Delhi slum redevelopment scheme, developers, residents to benefit
1 month, 1 week ago

Changes in Delhi slum redevelopment scheme, developers, residents to benefit

India Today  

The Delhi Development Authority has taken a significant step towards enhancing the viability of 'original rehabilitation' projects, aimed at providing essential housing solutions for slum dwellers, an official statement said on Thursday. Governor, under the "Jahan Jhuggi Wahin Makaan" scheme, primarily focus on making these projects more attractive for developers, ensuring seamless integration of slum dwellers into the city’s formal infrastructure. Developers also benefit as excess FAR in the rehabilitation component can be utilised for commercial development, enhancing financial feasibility, the statement added. This flexibility enables developers to focus one site on slum rehabilitation while another can be used for commercial purposes, maximising project potential.

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