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NEW DELHI: In a significant move to enhance accessibility to affordable housing loans in the capital, the Delhi Development Authority has signed a Memorandum of Understanding with Ambak, a new-age fintech company. As part of the agreement, DDA will share property details of its housing projects across income categories, including Economically Weaker Sections, Low-Income Groups, Middle-Income Groups, and High-Income Groups, …

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 …

The Delhi Development Authority is planning to start commercial development on six of its large land parcels, totalling over more than 31 hectares across the city, which have been lying unused or encroached upon for several years, officials said on Wednesday. DDA is responsible for planning, development and construction of housing projects, commercial lands, land management, land disposal, land pooling …

The Delhi Development Authority on Wednesday enhanced allocations to various public infrastructure and housing projects as well as announced aesthetic revamp of buildings and parks in various areas with the agency finalising its budget for the 2024-25, senior officials aware of the matter said. The Delhi Development Authority on Wednesday enhanced allocations to various public infrastructure and housing projects as …

Housing Projects

Lieutenant governor VK Saxena on Thursday said that in February, all heads of department of the Delhi government, including the chief secretary, will visit remote villages in the Capital and stay there to take stock of the problems. Officials said that Saxena also asked the officials to complete all projects under the Dilli Gramodaya Abhiyan as soon as possible. According …

The Delhi Development Authority has informed the National Green Tribunal that it has removed all interlocking tiles from Smriti Van in Vasant Kunj along with the concrete base of the pond to allow the flow of groundwater naturally. DDA added it has also begun compensatory plantation for various other projects at Smriti Van, which will make the forest greener. A …

: In its 2023-24 budget passed on Wednesday, the Delhi Development Authority said it expects to earn ₹4,310 crore by selling additional inventory in its existing housing projects. A large chunk of this revenue is expected from Dwaraka, which has 1,114 Higher Income Group flats nearing completion, a senior DDA official said. The official said the urban body also aims …

‘Centre’s redevelopment projects likely to benefit at least 1.35 crore people in city’

Union Minister for Housing and Urban Affairs Hardeep Singh Puri on Wednesday said the various redevelopment projects of the Central government, including the “Jahan Jhuggi Wahin Makaan” and the PM-UDAY schemes, are expected to benefit at least 1.35 crore residents of Delhi. Mr. Puri said the “Jahan Jhuggi Wahin Makaan” scheme will benefit 10 lakh slum dwellers in Delhi, while …

The Union environment ministry may allow compensatory afforestation for all developmental projects undertaken in Delhi in neighbouring states in view of the scarcity of land in the capital, sources have said. In March, the DDA wrote to the Union environment ministry, requesting it to allow compensatory afforestation for all projects undertaken in Delhi in neighbouring states in view of the …

Projects

Delhi Development Authority Must Register Projects with Delhi-RERA or Face Action: Official

Delhi-RERA chief Anand Kumar has said that the Delhi Development Authority must register its real estate projects with the regulator to protect the interest of property buyers. Those who are in real estate development, whether it is DDA or any other such organisations, must register projects with the regulatory authority, the Delhi-RERA chief further said, adding that it has powers …