US EditionDelhi Development Authority Cuts Commercial Property Charges to Boost Real Estate
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3 Articles
DDA has taken several important decisions to increase investment in real estate in Delhi. The commission fee has been reduced from 10 percent to one percent. This will make it attractive for investors to invest in the capital. More schemes will be introduced in the coming days.
Delhi Development Authority cuts commercial property charges to boost real estate
Delhi Development Authority has slashed amalgamation charges and launched a premium housing scheme to revive Delhi’s real estate sector. Reforms aim to counter investor drift towards NCR cities and push urban growth.
DDA Approves Reforms To Revive Delhi's Commercial Real Estate Sector
In a move aimed at revitalising Delhi’s commercial real estate sector, the Delhi Development Authority has approved sweeping reforms to make the city more attractive for investment and large-scale development, a statement said on Friday.In a DDA meeting chaired by Lieutenant Governor V K Saxena, the agency has drastically reduced amalgamation charges for commercial properties, from the existing 10% of the circle rate to just 1 percent. 'High ama…
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