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Planning a new land bank devoted to affordable residential projects is a major step taken by the Mussoorie Dehradun Development Authority to meet the rising demand for housing. This initiative follows the success of earlier housing schemes and responds to increasing population pressures and displacement caused by encroachment drives. Alongside approving a substantial budget for the next fiscal year, the MDDA is also promoting industrial growth through land pooling to attract IT companies. This integrated approach seeks to balance urban development with economic expansion, ensuring sustainable growth in the region.
The Mussoorie Dehradun Development Authority (MDDA) decided to establish a land bank specifically for the purpose of supporting affordable residential housing projects at its 111th board meeting earlier this week. This decision is driven by the rising population density in the region, coupled with the successful implementation of previous residential schemes such as those in ISBT and Aamwala Tarla. Advertisement
During the meeting, the board reviewed more than 75 proposals, a significant portion of which related to commercial developments, including hotels, eco-resorts, and various residential map approvals. However, with increasing demand for affordable homes particularly for families displaced by encroachment clearance drives the authority has prioritised setting aside land exclusively for residential development.
To support these initiatives, the MDDA sanctioned a budget allocation of INR 1,000 crore for the upcoming fiscal year. The board also discussed ongoing projects such as the relocation of the Arhat market and the takeover of ISBT facilities.
Moreover, to stimulate industrial expansion and attract IT firms to the area, the authority endorsed land pooling mechanisms. This move is expected to facilitate the development of industrial hubs, thereby complementing the region's urban growth and employment opportunities.
This comprehensive strategy by the MDDA highlights its commitment to tackling the housing shortage and fostering sustainable urban development. By establishing a land bank dedicated to affordable housing and encouraging industrial progress, the authority aims to create a more balanced and inclusive urban environment in Mussoorie and Dehradun.
By focusing on affordable housing, the authority not only addresses immediate shelter needs but also paves the way for inclusive community growth. Coupled with strategies to boost industrial development and attract key sectors like IT, this approach promises to enhance economic vitality while fostering a sustainable urban landscape. Such measures will likely set a precedent for how urban regions can manage growth through balanced planning and resource allocation.
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