Land Pooling Policy Moves A Step Closer to Becoming a Reality

In a major decision the Lt Governor of Delhi and Chairman, Delhi Development Authority (DDA) Anil Baijal has given his approval to the much awaited notification that declared 89 villages in certain specific zones of Delhi as urban areas. This is a major step as now DDA can develop infrastructure and affordable housing units in these areas as mentioned in DDA's Land Pooling Policy. 

Under the policy, land owners would pool their land and give it to DDA. DDA in turn would develop the land by providing roads, parks, power supply and sewage treatment plants and return 48-60 per cent of the land to the owners. 

The rest of the developed area — 52-40 per cent, respectively — will be retained by DDA or the private builder who can put it on sale. The housing and commercial projects will have to be developed within seven years. Additional time will be given only on payment of a penalty.

The policy was announced in 2015 but work could not start under the policy as the notification was awaited. 

About 25,000 hectares or 62,000 acres of land falling in four zones — K1, L, P1 and P2 predominantly Dwarka, parts of Narela and north delhi would be covered under the policy. 

Besides infrastructure development, the government also plans to build about 20 lakh dwelling units in the next 10-15 years. 

The villages declared urbanised are spread across the North and South Municipal Corporations. Of the 89 villages, 50 are under North MCD, 39 fall under the jurisdiction of the South MCD.

"This is just the first step. There are 10 more and very important steps that DDA will now have to take for proper implementation of the policy. DDA will need at least Rs 2,500 crores to do the kind of infrastructure development they plan to do under the policy. DDA now had a mammoth task at hand," Ramesh Menon, Director Certes Realty, a firm actively involved in land transactions and infrastructure development said. 

Menon sounded a word of caution for homebuyers and other investors not to jump in and invest right now as "DDA will take at least 18 months to put everything in place. So let us not get too excited. Please wait. Do not put your money in any of the housing schemes in the Dwarka region."

As per the Master Plan of Delhi (MPD) 2021, population of Delhi is projected to go up to 2.3 crore by 2021. Delhi would require about  24 lakh new dwelling units to accommodate this additional population. 

DDA started its housing activities in 1967 and till January, 2007 allotted 3,67,724 flats. Till date DDA has constructed 11.39 lakh residential units. 

4 thoughts on “Land Pooling Policy Moves A Step Closer to Becoming a Reality

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