Centre Approves Land Pooling Process
The date of 7th November 2014 will be remembered as the date of change on Delhi’s landscape. The significance of this date is that on this day, Delhi Development Authority, with proper direction under Ministry of Urban Development brought Land Pooling Policy to Delhi. This policy will turn entire Delhi into a group of integrated smart cities offering best places to live as well as to work. In the last couple of months, the news has again picked up popularity as state government, municipal centres and central ministry are coming on a common ground as to make a Land Pooling Policy as the core of Delhi’s development. The media is covering every detail in this on-going process given the sheer importance of the pooling policy.
The realty market of Delhi-NCR region is going to be challenged big time as the prices of Rs. 3000-5200 on the houses in land pooling policy are the lowest as compared to regions of Gurgaon, Noida, Greater Noida and Faridabad. A simple mathematics can be done on the level of economic ease of these homes by understanding the fact that real estate market of Delhi-NCR is the biggest one in India and in this, Delhi has always witnessed price escalation in any type of home. In such environment where people think of settling to native towns after completing their jobs in Delhi, a BSP of Rs. 3000 is a game changer. Apart from that, it supports the fact that every person of India can easily make living in Delhi and can reside at a relaxed place.
The payment plans are attractive and flexible. Easy installments by 5% deposit under BSP and the rest under Construction Linked Plan (CLP) seems quite comfortable for the end users. The buyers and investors will get the assurance of high-tech infrastructure, comfort and security factor of Delhi. A total of 30-50 projects were recently launched under this policy by various builders which saw a further revision of prices up to Rs500 per square feet. This means a good, luxurious, spacious, comfortable home which could accommodate average Indian household is gettable at as affordable as Rs 30 lakhs. People who are aware of this policy have already booked flats and are suggesting their kin to do the same. Owning a home in Delhi was always a dream. But, with the combined efforts of builders and government which helped to bridge the giant gap between supply and demand of houses has made this distant dream a close reality.
Guidelines & features of New Land Pooling Policy
According to the new land pooling policy, the Government and Delhi Development Authority will act as a service provider with limited interference to maintain the speed of ongoing work according to the development plan. As the service provider, the Delhi Development Authority is required to undertake the following responsibilities:
- Declaration of the areas provisioned to be developed under land pooling – The Government or DDA is responsible for creating and implementing guidelines for Land Pooling Policy to
– making detailed regulations regarding the process and timeline for participation in a timely manner. The regulations need to be disclosed in public domain for inviting thoughts and suggestions of all stakeholders within a period of 30 days.
– Separate unit is been made for approvals of Land Pooling applications
– Introduction of Single Window Clearance concept under which all concerned authorities are responsible for giving timely clearances as per the notifications.
- Planning & preparation of layout/sector plans –Designing of the sector depend on the availability of physical infrastructure at the site
- Development control norms – The DDA needs to formulate the following rules under the policy
Residential Floor Area Ratio (FAR) of 400 for Group Housing will be applicable on the net residential land exclusive of 15 per cent FAR reserved for the Economically Weaker Section (EWS) housing. Net residential land has to be the maximum of 55 per cent of gross residential land.
– Floor Area Ratio of 250 for city level commercial and city level public/semi-public development.
– Sub division of gross residential areas and provision of facilities according to the master plan 2021.
– Local level facilities to correspond with gross residential density of 800-1000 person per hectare.
- Imposition of revenue maps on the approved zonal plans
2 According to the land pooling a land owner or a land developer/builder (referred to as Developer Entity (DE)),is permitted to pool land for unified planning, servicing and subdivision/share of the land for development as per the guidelines
Norms and guidelines
- The developer entity will be responsible for surrender of land within the given time frame for drawing of projects blueprints as per the Master Plan 2021 and the Land Pooling Policy.
- The land parcels owned by land developer/builder will be integrated by a Land Pooling Agency, and DDA will retain particular portion of the land. The remaining land will then be transferred back to the owner for construction of residential projects.
- The Master Plan 2021, allow a certain portion of land shall be equitably returned to the landowner.
The master plan 2021, ensures that both the Delhi Development Authority and the Developer Entity shall work at a fast pace for construction of roads and other facilities required for building smarter infrastructure.
Roles and responsibilities for the Delhi Development Authority
- Timeframe for constructing master Plan roads
- Making permanent arrangements of physical infrastructural needs such as water supply, sewerage and drainage, provision of social infrastructure and traffic and transportation infrastructure including the metro corridors
- Development of the external areas which includes bus stop, parks, gardens and open area. (External development charges and other development charges shall be paid by the developer entity.)
- Roles and Responsibilities of Developer Entity
- Approval of blueprint of the project by DDA
- Separation of roads according to the layout and section plans. DE shall obtain necessary verification of the same by the concerned authority.
- Completion of project within given time limit and maintaining amenities like park, garden, and open spaces until they are handed over to Municipal Corporation of Delhi.
- Developing of internal roads, infrastructure and services which include rain water harvesting, solar power plant and solid waste management system.