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Delhi Master Plan Proposes Market for Unused Construction Rights

Delhi Master Plan Proposes Market for Unused Construction Rights
Can’t use all your construction rights? You can sell them under new Delhi master plan · indianexpress.com

Delhi is planning a new way to let people trade permission to build.

If a landowner cannot use all the building space allowed on their plot, they could sell the unused permission.

Another developer could then use it on a different approved plot.

This system is called Transferable Development Rights, or TDR.

The plan is meant to help pay for slum rehabilitation, protect heritage buildings, and improve old parts of Delhi.

The rights would be available only in areas selected by the Delhi Development Authority.

The DDA would issue certificates and create an online portal for trading them.

The plan has been approved by the DDA but still needs final approval and notification from the housing ministry.

Key facts

Plan
Master Plan for Delhi 2047 (MPD-2047)
Approving body
Delhi Development Authority (DDA)
Pending approval
Final approval and notification from the Ministry of Housing and Urban Affairs
Eligible uses
Heritage conservation, Walled City regeneration, and in-situ slum rehabilitation
Development limit
TDR certificates would provide rights usable within the National Capital Territory of Delhi
Potential receiving areas
Designated areas expected to include transit-oriented development zones along Metro corridors
Planned trading system
A dedicated DDA single-window portal for buying, selling, and using TDRs

Quotes

Former Lieutenant Governor V K Saxena's task force

Joint government-industry task force set up by the former Lt Gov in 2024

“Private developers are incentivised to participate in slum redevelopment by granting them additional Floor Space Index (FSI). This additional FSI can be used for commercial purposes or sold in the open market, making the projects financially viable for developers.”
indianexpress.com

Sources

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