Centre clears way for high-rises along Metro corridors

The Union Ministry for Urban Development on Tuesday approved the transit-oriented development (TOD) policy for Delhi, paving the way for the construction of high-rise buildings along the Delhi Metro corridor.

Under the TOD policy, a floor area ratio (FAR) of 400 has been approved. This will enable high-rises to come up in these areas and make for denser colonies. TOD colonies can come up in the ‘influence zone’ of the Metro which extends to 500 metres on both sides of the corridor.

However, it will not be applicable in the Lutyens’ Bungalow Zone, Civil Lines bungalows area, monument regulated zone, Zone ‘O’ (around the river Yamuna) and the low density residential areas and will cover about 20 per cent of Delhi’s overall area.

One of the first TOD corridors will come up in east Delhi’s Karkardooma, which will boast a 120-storey commercial tower. The project is proposed on 30-hectare land situated near two metro stations and a major railway stations.