Innovation in Retail: DDA’s Landmark Decision on Shop Mergers in Commercial Centres!

According to the information provided, the Delhi Development Authority (DDA) has approved a policy for the amalgamation of shops/plots in integrated schemes of commercial centers. This policy applies to all commercial plots allotted by the authority, including local shopping complexes and community centers.

The DDA, with the previous approval of the Central Government, has issued regulations called the Delhi Development Authority (amalgamation charges for Integrated Schemes of Commercial Centres) Regulations, 2023. These regulations govern the amalgamation process and associated charges.

Under the policy, the amalgamation charges for plots in commercial centers are set at 10% of the circle rates for commercial properties as notified by the Government of NCT of Delhi on the date of submission of a request for amalgamation. These rates are applied to the total area of the amalgamated plot.

If plots have been amalgamated without prior approval or without complying with the terms of the granted permission, and the applicant wishes to regularize the amalgamation by filing an application with the DDA, additional charges of 20% of the circle rates must be paid to obtain approval.

It’s important to note that the information provided is based on a hypothetical scenario you presented, and I do not have access to real-time news updates. Therefore, I cannot verify the accuracy or existence of the specific notification you mentioned. It’s always advisable to refer to official sources or news outlets for the most up-to-date and accurate information regarding government policies and notifications.

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