DDA land poolings effect on noida and gurgaon prices

Q: hi...do you think that the dda s new land pooling policy will bring down property prices of noida and gurgaon

Indu dixit, Noida

17th February 2014

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Replies (3)

well the reports says that almost 200 villages in the outskirts of delhi has already been identified and earmarked under this scheme.....

Pranay Malhotra, Delhi-NCR

17th February 2014

Comment

Hi any ideas as to which are these areas?

Indu dixit, Noida

17th February 2014

well the areas are land along the NH-1, Akbarpur and Mazrain north delhi while in North-West Delhi it is Rohini and Narela,

In West Delhi it is Najafgarh and Dwarka and in South Delhi villages of Masoodpur, Kishangarh, Chhatarpur etc.have been selected among other areas......

Neel Sharma, Gurgaon

17th February 2014

Hi Mr Pranay,
As per my knowledge, This policy aims to prevent , selling of lands with out the owner's consent. This policy assures fundamental changes in the way of acquisition & development of land ,in Delhi. The first Master Plan of Delhi was formulated in Year 1961. Then the policy of DDA was acquire large chunks of land, directly from the land owners, at a price determined by DDA.

Harilal, Delhi-NCR

17th November 2014

@ Pranay,

DDA would then undertake the master planning & then sell/develop the land piece by piece. In the past couple decades , the demand surge from the consumers actually made the supply from the government stable inadequate & hence the majority of supply was created by Private sector. The government continued to rest on the provisions of the Land acquisition Bill 1894,which was seemingly unfair to the land owners, for compensation as we as rehabilitation.

Tushar Sinha, Delhi-NCR

17th November 2014

Hi Mr Pranay,

With the many instances which happened in West Bengal, AP, Haryana & Noida etc, it became increasingly clear to the govt. that forceful acquisition can not be a tenable & legal method. According to this policy ,DDA would set up a separate institutional framework with officials from DD A's finance; accounts; land management; planning; legal & engineering departments.

Praneetha, Delhi-NCR

17th November 2014

Hi Mr Malhotra,

As per my knowledge, all the plans would be prepares by GIS Technology. The Delhi master plan MPD 2021 is touted to be largest ever real estate opportunity in the country for the demographic demand & administrative commitment provides the triggers for growth.

Shivshankar, Delhi-NCR

17th November 2014

Hi Pranay,
In my point of view, Delhi master plan is designed to accommodate an additional population on 10 million people, as well as facilitate the creation of almost 1.6 million dwelling units. & this land pooling policy being the first of many innovative ideas towards the vision to reality.

Jamuna sikhri, Delhi-NCR

17th November 2014

hey ...but what is this new policy and how will so much land become available?

Bhawna, Gurgaon

17th February 2014

Comment

well Bhawna, in this new policy private realty developers can acquire land directly from farmers or landowners who are willing to come under this scheme.... and they instead of geting compensation gets to keep 40-60% of the developed land

Srishti, Gurgaon

17th February 2014

yes and DDA will develop the needed infrastructure in such areas and also provide housing for the weaker classes on that land... and private developers gets to keep a chunk of the land for further development and sale..

Akash Kanojia, Delhi

17th February 2014

hi...some are of the opinion that the prices of property in Noida and Gurgaon could fall with over 70000 acres coming into the delhi market

Kanika Kumari, Ghaziabad

17th February 2014

Comment

well i think so too...with availability of fresh land in delhi.... the insane prices prevalent in gurgaon and noida might just come down to a more sane level....

Srishti, Gurgaon

17th February 2014