In a major policy shift to attract real estate investments, the Delhi Development Authority (DDA) on Friday reduced amalgamation charges for commercial properties from 10 percent to 1 percent of the circle rate.
The move is aimed at boosting commercial development within Delhi, which has lagged behind neighbouring NCR cities like Noida and Gurugram due to higher levies.
To further stimulate investor interest, the DDA also cut the multiplication factor used in commercial property auctions from 2 to 1.5 times the circle rate.
These changes are based on recommendations from a High-Level Joint Government-Industry Task Force formed by LG VK Saxena, which had flagged Delhi’s uncompetitive market rates as a deterrent for developers.
Alongside reforms in commercial real estate, the DDA approved land use changes in Narela to establish an education hub and a multi-sports integrated stadium.
A discount scheme was also cleared for bulk flat purchases by government entities in Narela, mirroring the Apna Ghar Awaas Yojana 2025 public offer.
In a residential push, the DDA launched the Premium Housing Scheme 2025 through e-auctions, offering HIG, MIG, and LIG flats and garages in areas such as Vasant Kunj, Rohini, Dwarka, and Pitampura.
Additionally, Signature View Apartment residents will receive a facilitation rent during their building’s reconstruction phase, ensuring their welfare is protected.
These measures reflect the DDA’s broader strategy of aligning real estate policies with industry inputs, deregulating processes, and making Delhi more competitive as both a commercial and residential destination.
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