Transit-Oriented Development (TOD) zones are set to receive separate commercial guidance brackets as part of a new initiative to better align land valuations with the enhanced economic potential of these areas. TOD zones, typically situated around major transit nodes such as metro stations, bus terminals, and railway hubs, are designed to promote higher-density, mixed-use developments that leverage proximity to mass transportation. Recognizing the unique value proposition of these locations — including greater accessibility, increased foot traffic, and higher demand for retail, office, and hospitality spaces — authorities are introducing distinct guidance values specifically for commercial plots within these zones.

The creation of separate commercial guidance brackets for TOD zones marks a strategic shift in land valuation policy, ensuring that official rates accurately reflect the premium status and market attractiveness of these transit-linked areas. It also provides clarity for developers, investors, and businesses planning projects within TOD corridors, allowing for more precise financial modeling and project planning. By differentiating TOD zones from conventional commercial areas, authorities aim to encourage intensified development, optimize land use around transit infrastructure, and maximize the economic benefits of public transport investments.

This move is expected to catalyze significant real estate activity in TOD zones, attracting a mix of retail centers, office complexes, entertainment venues, and residential projects with commercial components. The introduction of separate guidance brackets will help unlock the full potential of these high-growth zones, support sustainable urban expansion, and promote a shift toward more walkable, connected, and vibrant urban environments that align with modern planning principles and future mobility trends.