Influence zones to be created along stations will have tall buildings
Are you among those who envy those living close to Metro staAtions? If yes, there might have also been times when you felt a sharp pang of jealousy when the same people got excited about spiralling prices of their properties, in some cases areas so remote that you had never thought about investing there.
It's true that the Metro effect, as it is popularly called, does have magic.
Interestingly, the Master Plan of Delhi 2021 has proposed that up to 500 metres along a Metro line should be designated as `influence zone'. These areas will be allowed an additional floor area ratio (FAR) and height of 50%, depending on the locality and the zone where the property is located.
The MPD 2021 does propose redevelopment along the Metro corridor but the redevelopment ought to be zone-specific as land needs to be aggregated before high rises can come up and this might not be possible in areas that are already developed, says Ajay Dabas, cofounder, Delhimasterplan.com “For a high rise to be built, services would have to be augmented in an area of four hectares around the structure. There has to be sufficient open space near the buildings before permission can be sought for redevelopment,“ says AK Jain, former commissioner (planning) DDA.
“The MPD allows buildings to be only 15 metres high. If someone wants to build a high rise, the ground coverage of the building has to be less. Increased FAR can also mean that instead of going vertical, the building can cover more ground area and build more rooms per floor.
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