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Central Govt. had taken the applications from the Delhi Development Authority (DDA) which was with the Urban Development Ministry and had permitted private players in to the property development of the capital under the new Master Plan. Further the source revealed at the www.propertykhazana.com is the DDA had given this application 6-7 months back to confirm this matter before taking on to a final opinion for applying the new Master Plan. Property development in the spatial was the work of agencies like DDA which was facing a hike in criticism of its handling Delhi’s town planning provisions which was in the glow by increased population. Demonstrators were opposite to the court order given by the panel of judges to seal and even political parties like BJP had blamed the DDA for being unsuccessful in developing the market places and the housing buildings to meet requirements of the city where population was nearing to 1.5 Crores. An officer of Ministry told that, “This public-private joint venture condition will mark as a main move from all master plans of Delhi. The Govt. has also expected to set up a realty management bill to parliament which is targeted at the regulating realty business in the capital.
Source which revealed at the www.propertykhazana.com is that, the Bill is looking to place a mechanism to guard the realty purchasers from fake selling techniques. Govt. Ministry Officer said that, “We wanted to restrict other activities which are considered as fake in realty before starting the biddings.” Residential had become the concern when looked in to the large-scale moving to Delhi and to other states and the govt. was also placing pressure on constructing more residences for EWS’s. Even the ministry which had alleged that flyovers had not been capable to decide Delhi’s traffic troubles sufficiently and was in view to improve public transport system in main to tackle the problems.
Source: NIMMA BENGALURU

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