DDA to become a real estate regulator.

Q: DDA is set for a revamp from its present role as a developer to that of a regulator or facilitator.

Raj Roy, Delhi

3rd March 2015

Real estate News in Delhi

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development authority

delhi real estate market

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Replies (2)

Hi All,

The board will hold examinations with all the partners in order to propose the best conceivable urban planning and development methods to empower the national capital rise as a world class city through improved speculations, the discharge said. The panel will present its draft report in three months.

Kalki K,

3rd March 2015

Comment

@ Mr Roy,

As per my knowledge, the panel will be going by previous home secretary Madhukar Gupta, who was likewise bad habit administrator of DDA. Other than authorities from the UD service, the board will likewise have previous authorities of DDA and managerial leaders of the metropolitan bodies.

Iram Khan, Delhi-NCR

3rd March 2015

@ Raj roy,

Section 2(d) of Delhi Development Act defines development as carrying out of building, engineering, mining or other operations in, on, over or under land or the making of any material change in any building or land and included development . Section 3(2) of the Act defined DDA as The authority with the power to acquire, hold and dispose of property, both movable and immovable and to contract

Syed Pasha, Delhi-NCR

3rd March 2015

Hi Mr Raj Roy,

Delhi Development Authority (DDA) is ready for a patch up - from its available part as a designer to that of a controller/ facilitator . More than five decades after it was situated up to make lodging stock in the national capital, the urban advancement service on March 2 set up a 14-part council to return to and redraft the Delhi Development Act, 1957.

Rajesh, Delhi-NCR

3rd March 2015

Comment

@ Mr Raj ,
The move is a piece of the service's arrangement to reassess DDA's part in the connection of Delhi's different and rising formative needs. The council will survey the ampleness of the procurements of the Delhi Development Act, 1957 and the part of DDA and recommend measures to be taken to empower DDA assume the part of a facilitator and controller.

Saran, Noida

3rd March 2015