Prayagraj's Master Plan 2031 Expands Commercial Property Use Across 42 Major Roads

The Prayagraj Development Authority has announced significant changes to commercial property regulations under its newly unveiled Master Plan 2031. The authorities revealed that property owners along 42 major roads would now be permitted to legally convert their buildings for commercial purposes, representing a substantial increase from the previous count of 29 roads under the 2021 master plan.

Expansion of Commercial Property Zones

Officials from the development authority confirmed that several key arterial roads have been included in the updated commercial zoning framework. The newly designated roads comprise Mahatma Gandhi Marg, Sardar Patel Marg, Katju Marg, Tashkent Marg, and Lal Bahadur Shastri Marg, among others.

The expansion extends beyond the city's central areas to encompass suburban localities including Naini, Jhunsi, Phaphamau, and Rajrooppur. This development aligns with broader trends seen in emerging real estate markets in tier-3 cities across India.

Technical Specifications and Building Requirements

According to the new guidelines, buildings measuring up to two floors along the designated roads may be converted for commercial use, provided they are located within 15 meters of the road edge. For properties situated in non-built-up zones, roads with a minimum width of 24 meters are eligible for commercial conversion.

The plan mandates that roads measuring 30 meters or more in width must incorporate service lanes during any future road widening initiatives. These specifications reflect modern urban planning principles increasingly adopted in best cities to buy houses across India.

Regulatory Framework and Compliance

Property owners seeking to convert their buildings must adhere to the Market Street Building By-Laws, which will govern all properties located on the newly declared market roads. The authorities emphasized that property owners must obtain fresh compounding approval before proceeding with any commercial conversion.

Those currently using residential properties for commercial purposes without proper authorization face potential penalties under the new regulations. This enforcement mechanism mirrors practices seen in other major urban centers implementing similar property compliance measures.

Market Impact and Investment Implications

Real estate experts predict that residential areas along the designated roads will gradually transform into mixed-use corridors featuring shops, small offices, and service establishments. This transformation is expected to drive significant increases in property values for eligible buildings.

The policy change is anticipated to generate substantial business and employment opportunities throughout the newly included roads and suburban areas. Municipal and development authorities also expect increased revenue through enhanced taxation and licensing fees. These benefits align with patterns observed in other real estate investment hotspots nationwide.

The Master Plan 2031 represents a strategic approach to urban development that balances commercial growth with residential needs, potentially positioning Prayagraj as an emerging destination for maximum rental returns in the region.

Disclaimer: This news article is based on publicly available information and reports. Readers are advised to verify details with official sources and consult relevant authorities before making any property-related decisions. The information provided is for informational purposes only and should not be considered as investment advice.