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The Delhi Development Authority (DDA) has approved monthly rent compensation for residents of Signature View Apartments, who vacated their homes after severe structural damage was discovered. HIG flat occupants will receive INR 50,000 per month, while MIG residents will get INR 38,000, with a 10% annual increase starting July 2024. Arrears will be paid monthly. The DDA also cleared key urban projects, including redevelopment of old staff quarters in Safdarjung and Old Rajinder Nagar, a multi-sports stadium in Narela, and Delhi's first TOD housing project in Karkardooma. These initiatives reflect the DDA's push to modernise housing, enhance infrastructure, and support displaced residents fairly.
The Delhi Development Authority has approved monthly rent compensation for residents of Signature View Apartments who were compelled to vacate their flats following the detection of serious structural damage. The proposal was cleared in a meeting chaired by the Lieutenant Governor of Delhi. The authority resolved to grant facilitation fees from July 2023, or from the date the residents vacated the premises, whichever was later. Advertisement
Under this arrangement, occupants of HIG (High Income Group) flats will receive INR 50,000 per month, while those from MIG (Middle Income Group) units will receive INR 38,000. The rent compensation will increase by 10 % each year, with the first revision applicable from July 2024, followed by further increases in 2025 and 2026. Arrears are to be settled by the seventh of the following month.
In the same meeting, the DDA also gave approval to several other urban initiatives, including the redevelopment of old staff quarters in the Safdarjung Development Area and Old Rajinder Nagar, changes in land-use for land-pooling zones, and the development of a multi-sports integrated stadium in Narela alongside an education hub. The authority also endorsed Delhi's first transit-oriented development (TOD) housing project in Karkardooma and extended its enhanced floor area ratio (FAR) policy for planned commercial centres by another year.
The proposed redevelopment of ageing staff quarters will replace dilapidated structures with modern housing, operating under a self-financing model wherein costs will be recovered through the sale of built-up space. NBCC (India) Ltd has been appointed as the project management consultant for this redevelopment programme.
The DDA's decision to compensate displaced residents of Signature View Apartments provides much-needed financial stability to households affected by prolonged displacement. The structured payment framework with yearly increments ensures predictability and fairness for residents awaiting permanent rehabilitation. Simultaneously, the authority's approval of multiple redevelopment and infrastructure initiatives highlights its focus on upgrading ageing housing stock, improving liveability, and reinforcing Delhi's broader urban transformation agenda.
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