DDA VC Told Land Pooling Policy Set & “Board Of Hearing” To Be Conducted By Month-End

Land Pooling policy, Latest Real Estate News, Master Plan Delhi 2021
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Based on the policy, organizations will not only create the infrastructure on a pooled area but also return the part of a plot for a farmer. The farmers are individuals who can carry out housing ventures with private builders.

Udai Pratap Singh, vice-chairman of DDA (Delhi Development Authority) had told that land pooling policy is set and the “board of hearing” is held by the month-end.

He told the reporters at the press meet arranged by the urban affairs and housing ministry that “Surely by July-end this land pooling policy will be given to the Indian ministry that will inform it.”

Under this policy, organizations will create various infrastructure facilities like stadia, community centers, hospitals, schools and roads on the pooled area. Apart from that, they return the part of this plot for a farmer who can actually execute the housing ventures with private builders.

Recently, urban affairs and housing minister named Hardeep Puri said to the Moneycontrol in the interaction that every work is completed in the land pooling policy.

“The land pooling is combined with the amendment of master plan. Currently, the court is lifted its stay the team is in the task of fifteen-day consultation. This time duration will end on the dated 9th June. Then we will listen to individuals and have some meeting. It is the right time when people submit their individual suggesting. Hence, our answer to the land pooling process is soon”

In the month of March, the parliamentary panel pulls up Delhi Development Authority for the delay in project completion, even 5 years after the policy is notified.

The Delhi land pooling is anticipated to suit the housing requirements of over ninety-five lakh individuals apart from economic development.

In December 2017, the policy is simplified for quick execution. DDA act as both planner and facilitator as against a role first predicted for it as the portion of ease of completion of the land pooling policy. February 24 is the due date to receive both suggestions and objections from the public.

At first, land pooled based on policy is to be transferred to Delhi Development Authority that appears as the DE (Developer Entity) and undertakes some other sectoral development and planning of infrastructure in the pooled land. In the December meeting, it is planned to perform away with the requirement and also told that this land title will prolong to be with original landowners.

Also, DDA is asked ensuring that single-window clearance method for according required approvals for quick execution.

Ramesh Menon from Certes Realty Ltd said that the suggestions and objects made by professionals to the 19th Chapter of MPD 2021 required being addressed instantly, and the engagement process between DE, landowners, and DDA require being formalized. If needed, professionals from the private field should be immediately roped in for defining this process effectively.

The Land Pooling Policy actually covers the greenfield land in 5 different zones including P-II, N, L, K-1 and J coming based on MPD 2021. For incentivizing the dense creation for better use of limited land in Delhi, the policy grants improved FAR of four hundred as against current 150. For promoting cost-effective housing solutions, an extra FAR of fifteen percent is permitted.

Over 22,000 hectares of a place is anticipated to be soon pooled that will meet the requirements of over ninety-five lakh individuals. The Land pooling will catalyze the civic, economic and social development of Delhi along with triggering employment generation and substantial investments.

Based on Land Pooling Policy, about 60% of the pooled area is returned to the landowners after the infrastructure expansion if the pooled area is twenty hectares and 48% is returned if land pooled is truly between two and twenty hectares. From the 60% of the returned area, 53% will be used for residential purposes, two percent for semi-public and public use as well as five percent for the city-level commercial use. When it comes to other cases, this similar allocation will be 43%, 2%, and 3% respectively.

The affordable housing solutions for a low-income group to be developed based on the policy are available in the size of about 32-40 sq mt. The part of the housing stock is retained by developer entity to the house community service and people who are working for the owners and residents of group housing. The houses are built at the premises or site. The remaining portion of cost-effective housing solutions is sold to DDA at the basic amount of roughly about Rs 2,000 per sq ft for additional sale to the beneficiaries.

“Rather than relying on DDA’s in-house expertise, the help of agencies with financial understanding, ground level expertise and management bandwidth are enlisted for quick tracking process of operationalization”, told by Menon.

The major challenges before Delhi Development Authority are 3-fold including the accurate description of operationalization mechanism, re-allotment process and when will service and spatial planning to be started by Delhi Development Authority for the 5 zones and ultimately how will it actually put in place manpower and infrastructure to give the final mile connect with individuals.

Menon added that “DDA never have the final mile infrastructure and connect to handle land pooling’s physical operationalization. Multiple agencies such as MCD, DJB, and others are roped in, as well as the policy interventions are made quickly for augmenting the infrastructure requirements of upcoming smart zones. Never repeat even the single mistake of Dwarka and Rohini”.

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