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Veena, in case of a land measuring 20 hectares or more that will be developed, 53% has to be kept for residential use while 5% for commercial use and 2% land will be used for public and semi-public spaces, including roads. 15% of the land will be reserved for housing for economically weaker section (EWS), with an additional Floor Area Ratio (FAR). But in case of land measuring less than 20 hectares, 40% will be kept for residential use.
In such pooled lands, group housing societies will be given a FAR of 400 whereas public spaces and commercial development will have a FAR of 250.
Hi guys.. any idea about how much FAR will be given to such developments? And will the pooled land be used for residential projects or communty developments only?
There are two categories under the new policy: one for land chunks that measure above 20 hectares and the other for those land chunks that measure between 3 to 20 hectares.
For land measuring 20 hectares and above, the land owners will get 60 percent of the developed plot as compensation and those between 3 and 20 hectares will get 40 percent of developed land back. In both cases, the remaining developed land remains with the DDA.
Hey guys, as per the new land pool policy, owners are allowed to pool their land for DDA’s development purpose and in return they will be given 40-60 percent of the developed land. The minimum area required to be pooled for this policy is 3 hectares.
Yes Tamal, Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy. I have no idea about details. But I have heard that the policy is good for govt as well as public. It is expected that many issues are going to be put an end with the new norms.