Realty check: DDA approves land pooling policy in capital
27 July 2013 11:39 PM GMT
In a landmark decision to expedite infrastructure and housing development in the city, Delhi Development Authority (DDA) approved the land pooling policy in the capital. ‘With the acquisition of land becoming difficult for DDA in the past two decades, the Authority approved the policy on public-private partnership in land assembly and development in Delhi,’ a DDA spokesperson said. Since the first Master Plan of Delhi in 1961, DDA’s policy had been to acquire large tracts of land from private owners at a low price, develop it and then sell the residential or commercial properties at a premium.
But now, 'The land pooling policy allows consolidation of privately-owned land by its owners where the pooled land is to be surrendered to DDA. The authority will then keep a percentage of the land for major infrastructure developments and the rest will be returned to them, which they may hand over to private developers,' explained a DDA spokesperson.
The policy was cleared in a board meeting of the DDA on Friday, chaired by newly-appointed Lieutenant Governor (LG) of Delhi Najeeb Jung. The LG is also the chairman of DDA.
Two categories have been fixed for land pooling, land measuring 20 hectare and above and land measuring 2.0 to 20 hectare.
In the first category a private developer would receive 60 per cent of the pooled land, of which 53 per cent can be used for residential construction, 5 per cent for commercial construction and two per cent for semi-public purposes.
In the second category the developer would receive 48 per cent of the pooled land of which 43 per cent can be developed for residential purposes, three per cent for commercial and rest for semi-public purposes.
Under the new policy, the ground coverage, or area over which construction can be done, has been increased from the current 33 to 40 per cent. The developers will have to hand over half of the EWS flats to DDA while the rest can be sold at market price.
'Under the new policy, all plans shall be prepared through the Geographic Information System (GIS) technology which ensures exact superimposition of land use plans on revenue maps,' said the DDA spokesperson. She further added that the authority is also pushing for amendments in the Delhi Reforms Act-1954, Delhi Municipal Corporation Act-1957, Delhi Development Act- 1957, and Land Acquisition Act- 1894 which are required to implement the policy at the earliest.
But now, 'The land pooling policy allows consolidation of privately-owned land by its owners where the pooled land is to be surrendered to DDA. The authority will then keep a percentage of the land for major infrastructure developments and the rest will be returned to them, which they may hand over to private developers,' explained a DDA spokesperson.
The policy was cleared in a board meeting of the DDA on Friday, chaired by newly-appointed Lieutenant Governor (LG) of Delhi Najeeb Jung. The LG is also the chairman of DDA.
Two categories have been fixed for land pooling, land measuring 20 hectare and above and land measuring 2.0 to 20 hectare.
In the first category a private developer would receive 60 per cent of the pooled land, of which 53 per cent can be used for residential construction, 5 per cent for commercial construction and two per cent for semi-public purposes.
In the second category the developer would receive 48 per cent of the pooled land of which 43 per cent can be developed for residential purposes, three per cent for commercial and rest for semi-public purposes.
Under the new policy, the ground coverage, or area over which construction can be done, has been increased from the current 33 to 40 per cent. The developers will have to hand over half of the EWS flats to DDA while the rest can be sold at market price.
'Under the new policy, all plans shall be prepared through the Geographic Information System (GIS) technology which ensures exact superimposition of land use plans on revenue maps,' said the DDA spokesperson. She further added that the authority is also pushing for amendments in the Delhi Reforms Act-1954, Delhi Municipal Corporation Act-1957, Delhi Development Act- 1957, and Land Acquisition Act- 1894 which are required to implement the policy at the earliest.
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