Latest update in Transit Oriented Development (TOD) .

Q: What is the latest development towards TOD in Delhi?

Pranab Malakar, Delhi

2nd June 2015

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Sources uncovered that development or redevelopment in TOD zone will be supported by allowing essentially higher FAR (floor area ratio) of 400, which will allow vertical construction which is needed to solve this deficiency of land availability. These higher standards are only for plots of 1 hectare or more for which detailed plan must be arranged.

Kaushik Bardia,

14th July 2015

Comment

@ Surinder,
As indicated by sources, it will be required to utilize at least 30% of general FAR for residential reason, at least 10% of FAR for commercial purpose as well as at least 10% of FAR for community purpose. Usage of last 50% FAR might be according to the land use classification assigned in the Zonal Plan.

Ananya,

15th July 2015

Hey Guys,
According to news, the necessary residential part covering 30% FAR might entirely involve units of 65 sq-mt range or less. Out of these a large portion of the FAR, i.e. 15% of the whole FAR, must be utilized for units of size between 32-40 sq-mt. Well beyond this, an additional required FAR of 15%, i.e. FAR of 60 must be used for Economically Weaker Sections (EWS).

Veena K,

16th July 2015

@ Surnder,
This is a important pro poor as well as pro middle class measure ,that will facilitate the destinations of housing for all mission. 20% of land should be utilized for roads/dissemination zones; 20% area for open green space might be kept open for public use , while another 10% area of green zone may be for exclusive utilization.

Bulbul Verma,

17th July 2015

Hey Guys,

According to sources, Transit Oriented Development zone would involve in around 20% of Delhi's whole total area. On the other hand, TOD won't be relevant in a some locations like Low Density Residential Area, Zone 'O' (around river Yamuna), Monument regulated zone, Lutyens Bungalow Zone and Civil Lines Bungalows Area .

Vivek Kulkarni,

18th July 2015

Hey Surinder,
As indicated by most recent news, the impact zone in the Transit Oriented Development policy will be 500 meter on both side of metro passageway. This policy will permit mix land use, which will have a mix of institutional , residential as well as commercial developments. This TOD will bring some significant changes in New Delhi real estate .

Balwinder Singh,

14th July 2015

Comment

Hey Guys ,
I am new to this thread. I want to share something here, I heard from news Urban Development Minister approved TOD policy in Delhi to solve shortage of homes for poor & middle class. Can anyone provide some more information about this policy ?

Surinder,

14th July 2015

Comment

Hi Surinder,
As per current news, Urban Development Ministry on Tuesday sanctioned the Transit Oriented Development (TOD) Policy for Delhi, with an intend to solve the developing issues of congestion, pollution & shortage of homes for the poor as well as middle class in the state.

Harmeet Kaur,

14th July 2015

Hey Pranab Malakar,
As per me, TOD is the new buzz word in Karkardooma . Spread over 74 acres of land, this will be planned as per Gugaon's Cyber cyber hub. The project would be a residential cum commercial development, which is liable to have cycle lanes, assigned crossings to get to metro station alongside 4800 ,1BHK & 2BHK as well as studio and service apartments and a multi-story commercial tower.

shaina,

2nd June 2015

Comment

@ Pranab,
As per sources, the aim of the development is the quick and simple access to the travel spots and other utility hubs or centers.As well as, one will be capable of easy accessing to parks,hospitals, schools as well as supermarkets within very less time. So Rs 135Cr is the estimated cost of developing Karkardooma a TOD zone.

Veena K,

3rd June 2015

Hi Pranab,
According to sources, approvals are pending in DDA. Once those DDA approved, work is expected to initiate within four months.The two primary models that are doing the rounds over giving contract to National Buildings Construction Corporation to develop it and second is to select an expert/consultant and accomplish it privately.

Bulbul Verma,

4th June 2015

Hi Mr Pranab,
According to sources, working towards a TOD on the metro corridor , the Delhi Development Authority has left on an eager project to give the Capital its own particular financial district. Interestingly, this will be based on the lines of the observed Nariman Point in Mumbai.

Richa, Delhi

2nd June 2015

Comment

@ Mr Pranab,
The plan anticipate to build a hub like a Special Economic Zone (SEZ) however with financial bounded area. Spread over 25 acres of land, this financial hub will come up in Dwarka Sector 10. According to the current plan, the land will be either leased to banks or sold, stock exchange & financial institutions. While sector 10 will most likely get a face lift, as a multiplier impact, realty market of different sectors in Dwarka will also get a boost.

Sangyukta Mishra,

2nd June 2015

Hi Pranab,
As per my knowledge, It is very much necessary for India to work towards Transit Oriented Development. Conservative urban cities that can reprocess their waste and water and above all have an extraordinary transportation system is the great need. It is a naked truth that the nation's population is growing at a fast pace. So TOD is only option.

Raj Roy, Delhi

2nd June 2015

Comment

Well said Raj, population will increase 70% by year 2030. Understanding the current situation, the Delhi Development Authority (DDA) has recognized two primary projects in East and West Delhi for the same. DDA appears to pursue after Mumbai Footsteps. And, luckily its for good! After Slum Rehabilitation policy, another step that has gotten the fancies of the realty sector is the forthcoming Financial District in the capital city.

James, Delhi

2nd June 2015