Draft land pooling policy approved by DDA
First what is land pooling? Land pooling is a technique in which the small parts of rural land is assembled together, developed with infrastructure and then the developed land is re-distributed after deducting some part of it as a compensation to infrastructure costs.
This is a sustainable and efficient technique in which the people are provided with developed land in the terms of all kinds of infrastructure facilities such as roads, lighting, public parks and water sewage system etc.
DDA (Delhi Development Authority) has approved the land pooling policy in a view to develop and bring out the potential of housing and infrastructure to reduce the load on the existing saturated areas like core Delhi parts. DDA is also granting Rs 10 Cr annual budget for land pooling. DDA has identified around 200 villages in which 95 villages will be converted into development areas and 88 villages into urban villages. Many areas like Mehrauli, Bijwasan, Chattarpur, Ghitorni etc have a good potential for housing and infrastructure development.
It is expected that these villages all together will release around 70,000 acres of real estate in NCR. This process of land pooling has many benefits, Government and DDA will earn revenue by developing and selling the land, developers and landowners will also pool in their land so that they will get all the infrastructural facilities without any legal issues, the whole process will generate a huge amount of developed land for developers and investors to build for housing, commercial and industrial purpose.
The land acquisition act 2013 has come into force in the January 2014. According to it, the land acquisition will happen only if more than 80% of the land owners accept. So government expects people to give the lands on their own for the development purpose rather than land acquisition. The lands will be returned after development based on the amount of land each land owner has pooled in. The new land policy has reduced the minimum land for pooling from 3 hectares to 2 hectares. It is expected that around 40% to 60% of land will get back to the land owner after development. The remaining land will be taken by the government as a cost for providing infrastructure. The villages which are notified as green belts, lal doras (Lal Doras is a name classification given to that part of the village land which is part of the village which is used for non-agricultural purpose but outside the purview of urban municipal body and for common purposes such as livestock feeding etc), forests and unauthorized colonies according to the NCR Regional Plan will not be considered for land pooling. In cases where lands with different land-uses are pooled in, the whole chunk of land will be considered as one and the land-use will be determined accordingly.
Mehrauli located is located near by Gurgaon in the south-west district of Delhi. It has good connectivity to both gurgaon and Faridabad with huge amount of land availability. Land pooling in this area will impact its real estate demand to a great extent. Mehrauli, Bijwasan and Chattarpur are located very near to Gurgaon and IGI airport. They are even accessible to the metro connectivity. The demand of residential and commercial real estate will be very high in this area once they are developed by land-pooling method. Ghitorni located in the western part of Delhi is located in AH-1 towards Mathura and Agra. It has good connectivity and is located beside the central reserve forest. With many industrial areas around this area will have a good demand of residential real estate after the development through land-pooling.
