3 months ago
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Posting a gross surplus for the 3rd consecutive year, the Delhi Development Authority (DDA) connected Friday approved a ₹14,962-crore fund for 2026-27 astatine a gathering chaired by Lieutenant-Governor (L-G) V. K. Saxena.
According to a DDA property release, the bureau posted a surplus of ₹2,112 crore successful 2025-26, marking a fiscal turnaround aft much than a decennary of losses. The improved presumption was attributed mostly to higher lodging sales. The DDA said it sold implicit 10,160 flats successful 2025-26 truthful far, earning much than ₹2,165 crore from lodging receipts. Although this year’s collections are little than past year’s ₹2,963 crore, they stay higher than figures recorded anterior to 2023.
The DDA besides approved a argumentation to allot vacant onshore for mounting up Atal Canteens crossed Delhi. Under the proposal, the DDA volition lease onshore to the Delhi Urban Shelter Improvement Board (DUSIB) astatine a nominal interest of ₹1 per twelvemonth for up to 9 years. Currently, 71 specified canteens run successful the city, providing affordable meals. Permanent structures volition not beryllium allowed connected the allotted land.
In different cardinal decision, the DDA approved the urbanisation of 48 agrarian villages, bringing them nether municipal governance. The determination is expected to code infrastructure gaps and alteration planned improvement successful areas that presently prevarication extracurricular the municipality framework.
To augment revenue, the DDA approved a caller advertizing argumentation covering its parks, sports complexes, play courses and vacant land. Advertising sites volition beryllium identified done a survey and auctioned successful phases. For outdoor sites on main streets, a revenue-sharing MoU volition beryllium signed with the Municipal Corporation of Delhi (MCD) portion gross from indoor advertisements wrong DDA premises volition not beryllium shared with different authorities bodies.
The DDA besides approved relaxation successful premium and involvement for the Delhi authorities universities allotted onshore successful Narela to enactment the improvement of an acquisition hub. The connection volition beryllium sent to the Ministry of Housing and Urban Affairs for last approval. Additionally, onshore usage changes linked to the Rithala-Narela-Kundli metro corridor and a projected multi-sports stadium successful Narela received approval.
