Real Estate in Delhi, NCR, India

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NCR:                 

It was recognized right from 1962 that the problem of shortage in housing and allocating land for institutional purposes could not be met by developments in Delhi alone; therefore, emphasis was put on having a National Capital Region and to develop an integrated plan accordingly.

In 1985, the NCR Planning Board Act came into being, to address the problem of population explosion and development of Delhi and the NCR settlements. While permitting any development and construction, including housing in any settlement of the NCR including Delhi, it was made mandatory to adhere to the land use guidelines. In terms of land use like residential, commercial development; trunk infrastructure like roads, railways, MRTS, waterways, water mains, sewerage, drainage, power and ecological; green belts along highways and other trunk infrastructure have to be shown as per approved plan of that particular utilities by the concerned department.

Source : Times property