Draft Land Pooling Policy sees green light from DDA

Posted on: February 10, 2014 at 5:18 pm, in

DDA okays draft regulations in their final meeting and this pushes the policy further towards getting converted into reality. Further objections / suggestions would be invited from public via notification for a period of 45 days. Though, for the regulations to get alive it would have to go through a final lithmus test at the hands of UD ministry.

Under the new policy, minimum land requirement has been lowered from 3 Ha to 2 Ha. 95 Villages would be converted into development areas and 89 into urban villages. This would release around 70k Ha of land for urbanization.

This will not only bring relief to the real estate industry, people willing to own property at affordable prices within the capital, but will also take away the hassles involved with such grand projects which usually goes with large scale land acquisition. With all been said, its still a long road ahead.

Highlights:

a) Minimum requirement comes down to 2 Ha ( * 2.5 = 5 acre)

b) The landowners, who would participate in the policy will get back 40-60% of developed land, back from DDA.

c) Landowners with fragmented land pieces, will be returned developed land by DDA at a single place, in the vicinity of the largest land holding in the same zone or within 5 kms.

d) 15% of FAR will be reserved for EWS category.


DDA set to open outer Delhi areas for housing projects

Posted on: February 1, 2014 at 3:21 pm, in

DDA would soon seek final public suggestions before walking ahead with the plan to open up outer Delhi areas for housing projects under land pooling. Master Plan 2021 will need to be amended to accommodate the proposal. This would bring big relief to the stalled real estate industry in the capital. Regions which will get to witness this are Najafgarh, Bakhtawarpur, Ghitorni, Bawana and Kanjhawala.

Per DDA officials, they recieved over 200 suggestions / objections on the proposal. One such suggestion is to increase the FAR of district center and community center. MPD 2021’s chapter 5 (Trade and Commerce) , para 5.7.1, needs to be amended for term ‘non-residential’ against land usage in the facility corridor.