what is the land pooling policy of L Zone Dwarka?

Q: As per the Delhi Master Plan 2021, Delhi Development Authority (DDA) will take land of 02 to 20hectares or aboveto develop residential projects in association with private real estate companies. Here, the private companies will directly be responsible for allocated land on which they have to build residential projects.As DDA could not procure any land in last ten years, it has to go for land pooling policy with private sectorsunder the Delhi Master Plan 2021 to developaround 100 residential projects across outskirts of the capital. The policy has got a green signal from the Ministry of Urban Development with five amendments namely: timely outer development of needed infrastructure by the DDA, provide right compensation to the farmers as per the land charges, ensure homes for Economically Weaker Sections (EWS), proper transparency in allocation process and full use of approved floor area ratio (FAR).

Comparecasa, Delhi

4th March 2016

Real estate News in Dwarka Sector 20, Delhi

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Hi,
In the past few years L Zone Dwarka has appeared as the best place to rent property because as a customer, you can find a variety of options in this region from 1 BHK to 3 BHK. You can easily find high or low rental apartments here, which means here budget is not a limitation and apart from that, you can also get some other necessary facilities such as; health care facilities, nearness to entertainment zone, collages and much more. It is expected that in the next 2-3 yrs, this region will witness more development under the Delhi Master Plan 2021.

N.Mathur, Delhi-NCR

14th March 2016

Comment

You are right Sir. The are several reason that makes L Zone of the optimum value is its proximity to Dwarka sub city and closeness to millennium city Gurgaon. L Zone is even closer to Indira Gandhi International Airport and many other important centers and institutes of education and medical importance.

Anwar Mohammed, Delhi-NCR

14th March 2016

Yes, we are getting updates on it on regular basis. If your builder tells you that the project is in the land pooling zone, and that you can make a good profit from it, understand that you might end up being a victim of fraud.

Vibhor, Delhi

14th March 2016

Comment

But Land Pooling policy has been approve by the Ministry of Urban Development, Vide S.O. No-2687(E), On 5th September 2013. This Policy aims to prevent, selling of land without the owner's consent. This policy assures fundamental changes in the way of acquisition and development of land, in Delhi.

Anwar Mohammed, Delhi-NCR

14th March 2016