Friday, Apr 26 2024 | Time 01:15 Hrs(IST)
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Business Economy


DIL to construct affordable houses in Dwarka

New Delhi, Apr 29 (UNI) With objectives to put an end to unending traffic congestions, enhancement of air quality and poor sewage, Delhi Chief Minister Arvind Kejriwal has decided to clear the Land Pooling Policy (LPP) by May 7, 2017, that would also enable real estate developers to build unique and affordable housing projects.
In a statement, real estate developer Delhi Infratech Limited (DIL) said it is going construct something unique and affordable in L-zone Dwarka project.
Ashok Atri, Director, DIL said, “The unflinching faith in us has compelled us to restart the Delhi Gate Project, which was put on hold due to the delayed approval of the L-zone MPD-2021 smart city proposal.”
It is being believed that the Delhi’s LLP is likely to unlock about 20,000-25,000 hectares of land primarily in urban villages for development which would boost housing supplies and at the same time keep prices under control.
Experts are of the view that the approval from the chief minister would change the geography of the state and bring Delhi at par with other developed states.
The steps which will be taken can be seen in the wake of 2011 Census, where it has been estimated that the Delhi’s population would reach to 22 million by 2021 and everyone would need shelter for living.
UNI ASH SHK 1759
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