With the real estate sector facing challenges such as limited land availability and high acquisition costs, DDA Vice-Chairman Subhashish Panda revealed a strategy to foster development through a Public Private Partnership (PPP) model.
At the Summit, Panda highlighted the DDA's commitment to transforming Delhi into a vibrant global city. “DDA is working on a plan to develop land in a Public Private Partnership with developers on an annuity model," he stated, noting that a detailed model plan will be released soon. Additionally, he emphasised the introduction of new regulations aimed at eliminating the limited land holding rule, which has previously hindered collaborative development efforts.
Bu hikaye Millennium Post Delhi dergisinin September 19, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin September 19, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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