Affordable Multi State CGHS homes in Delhi under MPD-2021

by Nityanand Tripathi Senior Digital Marketing Executive

As there is the need of around twenty-four lakh housing apartments in Delhi, apartments are required for accommodating around two million people. MPD 2021 aims at covering the gap in the demand for housing apartments in Delhi. Henceforth, residential projects are being initiated under the land pooling scheme with the property developers offering homes at reasonable rates. This serves as the perfect solution for the people of Delhi. According to a professional team’s assumption, approximately 24, 000 hectares of land needs to be developed on the form of the residential township under MPD 2021 for dealing with the problems of top quality residential space. It is being estimated that the property developers can develop around 1 million homes in the next ten years while the land pooling policy carries the potential of developing approximately four million hectares of commercial, residential and public properties.

Property owners coming under PE and DE will have the eligibility to be of good help to the land pooling policy according to guidelines. One of the basic objectives of the MPD 2021 framework and formulation is making Delhi a top quality metropolitan city. The high-profile property developer in this region is the Diamond Multi State CGHS Ltd who would feature the environment and the infrastructure required for superior quality life and high standard living. With LPA, Diamond Multi State CGHS successfully marks the growth contract for confirming LTC permission and development along with the time limit.

Delhi serves as the hub for business places, political activities, educational institutions and various other facilities. The DDA, in the year 1957 came for good care of the residential space requirements of the growing population and also for generating new residential units with exclusive amenities. While the private development firm takes care of the interior development of the residential assignment, the DDA serves as the authority for taking care of the exterior development of the project in the most secured manner.

Master Plan Delhi 2021 and Its Advantages

Property developers in Delhi are now developing properties under MPD 2021 and Land Pooling Policy. The Delhi Development Authority has come up with the project structure and layout schemes for different varieties of activities like a residential township, commercial corridor, and group housing assignment. As per the report, around twenty lakh housing units will be developed in different zones and will create a number of jobs.

CGHS Home will take the role of DE to Facilitate/Organize/Manage the purchase and aggregation procedures of land parcels through a self-financing scheme through its members. They ensure the following:

• Free of any encumbrances

• The land is not under any litigation & devoid of any illegal trespassing/construction.

• The land is not a part of any unauthorized colonies /built up areas/notified Lal Dora village land.

• Land does not fall under a low-density residential area or green belt.