PPP Model Is To Be the Main Focus in Housing Development of DDA

DDA, Delhi Development Authority, Delhi LPP, Land Pooling policy, Latest Real Estate News, Master Plan Delhi 2021, Property
dda land pooling policy

In the coming years India’s population is expected to reach 600 million as per a report prepared by Ministry of Urban Development and National Institute of Urban Affairs. By 2021 Delhi-NCT will touch to 230 lakh while that of the National Capital Region (NCR) 641.38 lakh as per NCR Plan report. The Master Plan for Delhi 2021  also projects the population of the city will be in demand for new dwelling units in Delhi by that time whereas till now DDA has built only 12 lakh residential homes in the city. Furthermore there will be a rampant demand of residential properties for the projected urban population of India.

“We would rather focus on sell off of land and get the private sector to construct flats. We will play a Promoter,” said, Kapoor, 1987-batch IAS officer who joined DDA in September last year. To accomplish this demand Development Authorities are now investing more on Land Pooling instead of controversial land attainment that used to be the model earlier. The Land Pooling Policy is going to nourish a housing boom in the capital making available 30 lakh residential units in the next five years.

Out of 90 villages to be declared urbanized the Delhi Government has now recently declared 79 as urbanized, removing the final blockage in justifying the land pooling policy they will offer a brief of how to develop to the alliance. We have collected the minimum required 70 per cent applications in four sectors and can expect work to start on the ground in four years in any of these sectors. These will be developed as world-class beautiful and livable neighborhoods.

Forty per cent of the pooled landed will be allocated for essential services and development of civic infrastructure. Government service providing agencies (Discoms, DJB, and PWD) will take up the development of infrastructure. There are 685 Slums in Delhi out of which 490 are on central government’s land including DDA’s. The official said that all alms person or beneficiary families will get a flat of two room, kitchen and bathroom with all basic and necessary necessities. We aim to provide healthy and hygienic life to the slum residents. As per the Public Private Partnership Model a real estate investor will be lead on in to build housing facilities for slum residents. The developer will get 60 per cent of the total pooled land of which 53 per cent will be constructed for residential, 5 per cent for commercial and 2 per cent for public and semi-public facilities.