Delhi TOD Policy: Real Estate Body Seeks Relaxed Rules

The National Real Estate Development Council (NAREDCO) has proposed amendments to Delhi's recently implemented Transit-Oriented Development (TOD) policy. These proposed changes aim to relax restrictions on apartment size, pricing, and mandatory commercial space, with the goal of accelerating both residential and commercial development in the capital city.

The current TOD policy designates a 500-meter radius around Metro and RRTS corridors for planned, high-density development. NAREDCO is advocating for the inclusion of national highways and expressways within the policy's scope. They also requested the removal of price caps and that unit size restrictions align with RERA carpet area definitions.

Experts suggest that TOD success relies on more than just proximity to transit; it requires a diverse mix of uses and a spatial structure that fosters continuous activity. The policy, which now includes previously excluded areas like land pooling zones, aims to create efficient, accessible urban ecosystems by integrating planning, infrastructure, and housing. This approach is seen as vital for Delhi's future sustainable growth.

The policy permits a maximum Floor Area Ratio (FAR) of up to 500 on plots of 2,000 sq. m. and above, with a mandatory 65% earmarked for residential units up to 100 square meters. The remaining FAR allows for commercial use and flexible allocation to larger housing units or office spaces. Effective implementation of the TOD framework is expected to improve redevelopment viability and reduce infrastructure stress.