NAREDCO welcomes approval of Green Development Area Policy

National Real Estate Development Council (NAREDCO) on Friday welcomed and appreciated the central government’s decision for the Delhi Development Authority (DDA) approval of a ‘Green Development Area (GDA) Policy. The policy aims to regulate development in designated rural areas and green belts in the city. The draft policy seeks to incorporate the low density residential areas (LDRA) of the capital where most of the farmhouses are located.

As part of the new set of policies to further push new development also improve social and physical infrastructure in the country, the Delhi Development Authority (DDA) has approved the draft ‘Green Development Area (GDA) Policy’. This policy will provide an integrated framework for ‘green-oriented’ development. The move seeks to provide an integrated framework for development of land falling in designated green belts and low-density residential areas, according to the Master Plan for Delhi 2021.

Pointing out that presently, no new residential or commercial construction is allowed in villages located on the fringes of the national capital “The move to bring in new regulation will have the government encourage more sustainable and green development. This is the need of the hour, and augurs well for the future.”

The draft policy seeks to incorporate the low density residential areas (LDRA) of the capital where most of the farmhouses are located. The policy, which aims to regulate development in designated rural areas and green belts in the city, will also ensure seamless development of infrastructure and road network,

This new policy will improve Social and physical infrastructure and provide an integrated framework for development of land falling in designated green belts and low-density residential areas according to the Master Plan for Delhi 2021.This policy will provide an integrated framework for ‘green-oriented’ development of lands falling in these areas. It will pave the way for new development. By bringing in new regulation, the government will encourage more sustainable and green development.

The draft policy was approved on Wednesday and will be now put in public domain for suggestions. This policy will also ensure seamless development of infrastructure and road network.