New Delhi, Feb. 21 -- The Delhi Development Authority (DDA) has approved a budget of Rs.14,962 crore for the financial year 2026-27 and cleared a series of policy measures, including the urbanisation of 48 rural villages and a new advertisement policy to boost revenue from its land and properties. The decisions were taken at a meeting chaired by Delhi lieutenant governor VK Saxena.

In a significant move, DDA approved the urbanisation of 48 villages currently classified as rural, bringing them within municipal limits to facilitate planned development and infrastructure provisioning. Officials said these villages, identified by the land and building department of the Delhi government, are located adjacent to already urbanised areas or fall...