Delhi Launches Land Bank Portal to Boost Business Investment

In a strategic move to enhance business operations and simplify land allotment, the Delhi government has announced plans to introduce a centralized portal. This platform will aid investors in identifying viable land parcels for industrial development, as per officials' statements.

The initiative, stemming from a Ministry of Home Affairs review meeting on deregulation, will be carried out by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) using geospatial data from Geospatial Delhi Limited (GSDL). This aims to reduce bureaucratic hurdles and foster transparency in land transactions.

Set to go live soon, the Delhi Land Bank Portal promises to be a pivotal resource in taking forward the city's vision of improving the ease of doing business, aligning with comprehensive policies to encourage industrial growth and floor space optimization in collaboration with the Delhi Development Authority.

(With inputs from agencies.)