Land pooling to replace takeover, give impetus to housing in city
The land pooling policy, which has been deferred for further discussion, is expected to replace the present mode of land acquisition, development and disposal in Delhi, which is struggling to keep pace with the increasing demands of urbanisation. Land acquisition has become difficult and land owners have been complaining about the “low” compensation paid by government.
The proposed policy has already been discussed at the level of Ministry of Urban Development, along with representatives of stakeholders from FICCI, CREDAI, ASSOCHAM, CII and NAEEDCO.
To encourage land owners to voluntarily assemble their land, the policy provides incentives in the form of developed land and higher floor area ratio.
What is land pooling?
The new land policy is based on the concept of land pooling, under which land parcels owned by individuals or group of owners are legally consolidated by transfer of ownership rights to the designated land pooling agency (in this case the DDA). The land pooling agency later transfers ownership of the part of land back to the owners for development for such areas. This policy is applicable in the proposed urbanisable areas of the urban extensions, for which zonal plans have been approved.
Norms for land pooling
The two segments of land pooling are: Category-I for 20 ha and above, and Category-II for 3ha to less than 20ha. The land returned to developer entity (DE) in Category-I
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