Work, live and play in a tod

HT Estates - - FRONT PAGE -

All about TOD: Transit-ori­ented de­vel­op­ment is pop­u­lar among plan­ners of cities de­pen­dent on pri­vate ve­hi­cles with large ur­ban sprawls. Through such de­vel­op­ments, travel time is re­duced and public trans­port use is max­imised TOD plans for Delhi: Un­der the TOD pol­icy, a floor area ra­tio of 400 can be utilised with a min­i­mum plot size of one hectare. As much as 20% of the Cap­i­tal’s area is ex­pected to come un­der the TOD scheme For the first time in Delhi: Ad­di­tional floor area ra­tio as per the pol­icy can be availed through trans­fer­able de­vel­op­ment rights or TDR, a com­mon prac­tice in Mum­bai that al­lows de­vel­op­ers to build at an al­ter­na­tive site Mixed for­mats: There will be a mix of hous­ing types for a wide range of in­come brack­ets within com­mu­ni­ties with shared public spa­ces, greens, recre­ational fa­cil­i­ties, ameni­ties which will min­imise gen­tri­fi­ca­tion and cre­ate com­mu­nity -ori­ented de­vel­op­ments Sin­gle win­dow clear­ance: A sin­gle win­dow clear­ance sys­tem will be adopted for TOD projects. Real es­tate ex­perts point out that if the gov­ern­ment of­fers and ex­e­cutes this well, it may turn out to be an at­trac­tive busi­ness propo­si­tion for de­vel­op­ers be­cause clear­ances take the long­est time

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.