Union Urban Development Ministry's approval on transit oriented development in India
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Description
The Union Urban Development Ministry recently approved the proposal of transit oriented development in Delhi. The floor area ratio (FAR) of 400 has been extended to 500 on both sides of metro transit. Ankur Dhawan, Chief Business Officer, Resale, PropTiger.com, shares its implications on real estate industry.
Transcript
The Union Urban Development Ministry recently approved the proposal of transit oriented development in Delhi. The floor area ratio of 400 metres has been extended to 500 metres on both sides of metro transit.