New Delhi: Delhi Development Authority presented a surplus budget on Thursday, showing an estimated income in 2025-26 of Rs 9,560 crore against Rs 9,182 crore in 2024-25. The budget proposed to reduce the expenditure to Rs 8,720 crore in 2025-26 from Rs 8,811 crore in 2024-25.
Lauding DDA's gradual financial turnaround, lieutenant governor VK Saxena said that several developmental projects would be undertaken in the current financial year, including housing, aesthetic upgrades of landscapes and the restoration and preservation of the capital's heritage.
DDA's surplus income in 2025-26 is proposed to be Rs 840 crore, which is significantly higher than the surplus of Rs 372 crore in the preceding year. Encouraged by the response to the sales of flats, DDA hopes to collect Rs 4,000 crore from this sector in 2025-26. That last, it generated Rs 3,176 crore under this head, which itself was a 132% increase from the housing receipts of Rs 2,398 crore in 2023-24.
To further augment income, the LG, who is also the DDA chairman, took decisions on disposal of DDA land on a licence basis to generate an income of Rs 1,000 crore and approved a 10% increase in rates for calculating conversion charges from leasehold to freehold for commercial, industrial properties and multi-level parking lot, according to DDA officials.
The estimated General Development Account surplus has been pegged at around Rs 3,000 crore. The amount is substantially higher than the GDA surplus of Rs 1,370 crore in 2024-25. GDA deals with income from the disposal of houses and shops, licence fees from built-up properties, management of sports complexes, etc.
As for expenditure, Rs 4,140 crore has been allocated for the development of land and physical infrastructure, among them roads, sewerage, water supply, power lines, drainage, aesthetic upgrades and streetscaping, primarily on vacant portions of land in the sub-cities of Narela, Dwarka, Rohini and some other places.
"In Dec 2023, the LG launched the Dilli Gramodaya Abhiyan with the objective to develop and create necessary infrastructure in the recently urbanised villages by utilising the fund of Rs 959 crore transferred to DDA by Delhi govt's revenue department. A provision of Rs 357 crore has been made in the 2025-26 budged to continue works on projects taken up under the scheme," said DDA.
A provision of Rs 82 crore has been made in the budget to restore and rejuvenate the Yamuna. There are 11 projects planned on the 22-km Yamuna floodplain in Delhi and work is in progress around six sites. For the much-talked-about Bharat Vandana Park in Sector 20, Dwarka, DDA has demarcated a provision of Rs 100 crore in the budget.
Regarding the development and maintenance of biodiversity Parks across Delhi for environmental conservation and the promotion of biodiversity, a provision of Rs 46 crore has been made for 2025-26. For the overall development of green spaces, a provision of Rs 204 crore has been made in the budget.
While the construction of a residential complex as a Transit Oriented Development project in Karkardooma is in progress and a 22-storey structure is almost complete, Rs 263 crore has been allocated to accelerate the remaining work on the project.
As the land parcels available at DDA's disposal are depleting fast, the land-owning agency has decided that major projects may be rolled out on a licence fee basis. These projects include hotels at Dwarka and Nehru Place, a hospital at Dwarka, a multi-integrated stadium and sports complex at Rohini and Narela, corporate offices at Rohini and a gold souk at Dwarka.
DDA also approved a change in land use of 1.4 hectares of land from ‘recreational' to ‘residential' for the construction of govt staff quarters on Minto Road in central Delhi.