The decision was taken yesterday during the Authority meeting of the urban body under Lt Governor Najeeb Jung, also the chairman of the DDA.
The land has been proposed on 25 B, Akbar Road in the heart of the city.
"Yes, we approved that proposal. And there is also a proposal to build a new national office for BJP on Deen Dayal Upadhyay Marg, which was discussed," DDA Member and AAP MLA S K Bagga said.
The BJP currently operates out of its central office located at 11, Ashoka Road in Lutyen's Delhi.
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UPA-I government had decided to allocate land on the basis of a party's combined strength in the two Houses.
Four acres were allotted to parties with more than 200 MPs, two acres to parties having 101-200 MPs, one acre to those with 51-100 MPs and half an acre to parties that are 26-50 MPs strong.
Incidentally, in the same meeting, it was also decided that State Bhawan or State Guest House will be included as a separate category in the Master Plan of Delhi (MPD) 2021.
"In other areas the ground coverage will be 50 but FAR will be increased to 200 subject to clearance from AAI/Fire Department and other statutory bodies," it added.