Delhi's new Master Plan (MPD-2047) introduces Transferable Development Rights (TDR), allowing property owners to sell unused construction rights. This market-based mechanism aims to incentivise heritage conservation, slum rehabilitation, and regeneration of Old Delhi, with a dedicated portal for trading TDRs.
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- ›Policy Name: Master Plan for Delhi (MPD)-2047
- ›Approving Authority: Delhi Development Authority (DDA)
- ›Target this Data: MPD-2047 approved by DDA; FAR of 500 for slum rehabilitation
- ›Target this Nodal Body: Delhi Development Authority (DDA); Ministry of Housing and Urban Affairs (MoHUA) for final approval
- ›Target this Legal Point: TDR awarded for heritage conservation, Walled City regeneration, and in-situ slum rehabilitation
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