By Accommodation Times News Services
While Delhi is on verge of development as government has approved the Transit Oriented Development Policy (TOD) for the city, along with Floor Area Ratio (FAR) of 400 to enable vertical construction to overcome the shortage of development land availability.
The Transit Oriented Development policy will not only initiate residential development it will also facilitate low-carbon, high-density, compact, mixed land use and sustainable development by minimizing travel time for citizens, promoting use of public transport, reducing pollution and congestion, creating more homogeneous neighbourhoods, having work places near residences, creating public amenities within walking distances and providing safe environment through redevelopment along MRTS (Mass Rapid Transport System) corridors in the national capital.
While the government is planning to expand the development in the capital, there are some factors that are dragging the real estate market backward, as Delhi is an earthquake prone region, the city lies in zone 4 out of the four seismic zones in India. The zone one is sensitive seismic zone, which is more prominent for earthquakes, Delhi ranks 3rd among the five prime earthquake prone cities.
Hence, it is difficult to bring vertical development in the city. Increasing the FAR to 400 will rise the danger level. Many structural design experts have expressed concern over rampant construction of tall structures in Delhi.