India, Nov. 25 -- The Delhi Development Authority (DDA) has proposed amendments to the Master Plan of Delhi, 2021 (MPD-2021), liberalising the city's Transit Oriented Development (TOD) policy.

Officials said that 207 square kilometres (sqm) of land along a 500-metre belt on either side of transit corridors will be open for redevelopment of high-rise hubs and mixed-use nodes.

Additionally, the minimum plot size for TOD eligibility has been slashed by 80%, from 10,000 sqm to 2,000 sqm and developers will now be able to build at a significantly higher floor area ratio (FAR) of 400-500, up from the previous cap of 300, added officials.

The revamped policy establishes TOD as a central planning tool for high-density residential and commercia...