Gentrifying factory belts: Everything you wanted to know about Delhi’s luxury housing projects on mill lands
Several industrial areas and mill lands in the Capital have given way to premium residential projects. Developers say affordable housing can come up and reduce migration to NCR towns, provided conversion charges are reduced and infrastructure is improved NAMRATA KOHLI Representative image (Source: ShutterStock) Several industrial areas in West Delhi that were earlier considered to be on the outskirts are now part of the main city, thanks largely to massive urbanisation and an increase in population. Over the years, a few real estate developers have launched luxury projects on what used to be mill and industrial lands, in areas such as Moti Nagar, Karol Bagh, Naraina and Mayapuri. With the authorities endeavouring to move polluting manufacturing units to the periphery, more land parcels will come up for development of real estate projects and infrastructure within the city. But will there be enough takers? The capital’s masterplan It was the Delhi Masterplan 1962 that had made a strong ...