Delhi Urban Arts Commission (DUAC) has returned a proposal for additions and alterations to the Regal Building in Connaught Place's Outer Circle, requiring review by the Heritage Conservation Committee (HCC) first.

Proposal concerns: plots 24, 47, 48, 49 and 70 in Block 127 of the Regal Building. Existing structure comprises lower ground floor, ground floor, mezzanine and two floors.

Proposed works include interior and renovation, changes to lift areas, external façade, show windows and external façade signage.

Regal Rivoli Building is Grade-II listed heritage property (serial number 38) notified by Delhi government department of urban development, October 1, 2009.

DUAC will subsequently examine the proposal from perspective of "visual quality, urban aesthetics, and compatibility with existing context" after HCC review.

Proposal linked to plans to redevelop cinema space as multi-screen theatre. Heritage review required because proposal involves changes to building portions including façade.

Regal Cinema designed by architect Walter Sykes George, opened 1932. Operated nearly 85 years, hosted films, plays and performances including major film premieres. Closed March 2017 with final screenings of Raj Kapoor's Mera Naam Joker and Sangam. Owners announced plans to bring back cinema as multiplex.

Cushman and Wakefield report 'Marketbeat- Delhi-NCR, Retail Q3 2021' (July-September 2021) shows retail rents in Delhi's upscale markets increased 11-17%. Rentals described as "inching back to pre-COVID levels as market activity strengthens."

The New Delhi Municipal Council (NDMC) is preparing an ambitious redevelopment of the iconic 'Super Bazar' located in Connaught Place. The landmark dates to the 1960s.

NDMC property tax relief for traders in Khan Market, Connaught Place, Sarojini Nagar and Janpath delayed approximately six months as proposed changes await approval.

Proposed system intended to simplify property tax assessment in New Delhi Municipal Council area and address complaints over high rates and complex calculation methods.

Process requires approval from: Delhi government law department, then Union Ministry of Housing and Urban Affairs public consultation, then Ministry of Home Affairs final approval.

Traders claim NDMC property tax rates are around 15 times higher than Municipal Corporation of Delhi areas. Seeking reduction to approximately twice MCD level and more predictable assessment method.

Issue raised at meeting chaired by MP Bansuri Swaraj, attended by NDMC chairperson and trader representatives from Khan Market and Sarojini Nagar.

Traders requesting either deferral of current year payment until new system implemented or payment in instalments, fearing disputes over adjustments or refunds if revised framework introduced following year.

Proposed changes linked to Jan Vishwas (Amendment of Provisions) Act, 2026. Intended framework would replace existing complex assessment formula with transparent unit-area or practical rate-based system.

Reform expected to clarify assessment rules, reduce repeated administrative proceedings and legal disputes, and reduce scope for discretionary assessments in high-value commercial areas.

Delhi Metro has begun work on an 800-metre underground subway connecting Shivaji Stadium and Rajiv Chowk. The link will have travelators and an Airport Express interchange.