The Urban Development Ministry on Thursday issued a notification enabling planned development on privately owned lands in Delhi. According to the notification, development can be carried out on a private land that has not been acquired and is facing disputes related to the acquisition.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The notification reads that a private development can be carried on the private land pockets on which the acquisition proceedings have been quashed by the courts. Private developments can also be carried out on private lands that have not been developed in accordance with the master plan and has not been acquired till date and is lying vacant for a long time. 

However, all these development work should be carried out in accordance to the master plan. 

The regulations of the notification will help in boosting the development work in Delhi and the permission of private development will help Delhi to meet its target of being a world-class city soon. It will also accelerate the process of developing and residential complexes in the city. 

Watch this Zee Business video

Note: The notification in form of planned development of privately owned lands will lead to private developments in accordance to Delhi's master plan on land pockets that are lying vacant since a long time even after being acquired or turned up to be a disputed as people opposed its acquisition and development was not allowed on it or land pockets for which acquisition proceedings have been quashed by the courts, among others.