Posted By : Jul 26 2019
Posted On : Dwarka L Zone Consultants
Landowners who maintain two hectares or more can take advantage of the policy. A developer entity or individual can take part in the scheme by pooling land parcels covered under a sector as per the zonal development plan. An interspersed sector-based planning approach will be followed. A sector will contain 250 to 300 hectares, service providing companies will take up development of trunk infrastructure such as roads, water supply, electricity, social infrastructure, etc.
The developer will also take up internal development of land under both residential, commercial and public and semi-public facilities as per the policy. New developments under the Land Pooling Policy will have to observe with green building norms and use the dual pipeline, make maximum use of recycled water for non-potable purposes, conserve rainwater and etc. The policy will help unlock immense parcels of land for residential and commercial development in the outskirts areas of Delhi as it covers urban areas in 95 notified villages.
While the policy initiatives aimed at providing 24 lakh houses, the figure has been updated to 17 lakh as the original 400-floor area ratio promised in the policy has been reduced to 200 owing to the scarcity of water and other resources. DDA also plans to construct five socio-cultural centers at Rohini, Dwarka, Shahdara, Mayur Place, and Netaji Subhash Place.
The government is also developing 62 acres of land surrounding the in Vasant Kunj and upgrading Vasant Udyan at Vasant Kunj. DDA plans to allocate funds for the renewal and restoration of Yamuna as well. The DDA had recently permitted a proposal to reduce the cost of EWS flats in Narela, part of the online scheme 2019, up to 40 percent of the construction cost. For this scheme, the DDA has also done away with a five-year lock-in period, except for the EWS category, which bars resale of flats before five years from the date of its allotment.