India, April 25 -- The Delhi Development Authority (DDA), chaired by lieutenant governor VK Saxena, has approved its annual budget for 2025-26, pegging total expenditure at Rs.8,720 crore and projecting a surplus of Rs.840 crore. The land-owning agency expects receipts of Rs.9,560 crore, up from a surplus of Rs.372 crore in 2024-25.

Nearly half the budget - Rs.4,140 crore - has been earmarked for capital expenditure. This includes the development of roads, parks, infrastructure upgrades, and air quality improvement through road repair and reconstruction.

Driven by a push to monetise unsold housing stock, DDA said it had recorded Rs.3,176 crore in housing receipts in 2024-25 - a 132% increase from Rs.2,398 crore the previous year. For 20...