DDA nod to new land pooling policy
Delhi: The Delhi Development Authority (DDA) has approved the proposed ‘land pooling’ policy, presenting a new hope that would speed up the process of development of the nation’s capital.
Ever since the implementation of the first Master Plan of Delhi 1961, the DDA started acquiring large chunks of land, develop residential or commercial properties on the land and sell them. In the recent years, owing to land scarcity and increasing population of the city, DDA had been facing issues in land acquisition process. Also the land owners complain about inadequate compensation that is being offered to them. These factors enhanced the need of new land pooling policy.
As per the new policy, owners are allowed to pool their land for DDA’s development purpose and in return they will be given 40-60 percent of the developed land. The minimum area required to be pooled for this policy is 3 hectares.
There are two categories under the new land pooling policy: one for land chunks that measure above 20 hectares and the other for those land chunks that measure between 3 to 20 hectares.
For land measuring 20 hectares and above, the land owners will get 60 percent of the developed plot as compensation and those between 3 and 20 hectares will get 40 percent of developed land back. In both cases, the remaining developed land remains with the DDA.
In case of a land measuring 20 hectares or more that will be developed, 53 percent area will be kept for residential use while 5 percent will be earmarked for commercial use and 2 percent land will be used for public and semi-public spaces, including roads. 15 percent of the land will be reserved for housing for economically weaker section (EWS), with an additional Floor Area Ratio (FAR). In case of land measuring less than 20 hectares, 40 percent will be kept for residential use.
In such pooled lands, group housing societies will be given a FAR of 400 whereas public spaces and commercial development will have a FAR of 250.
A DDA official said that the DDA will provide infrastructure and utilities in the tract of land, but the owner will also have the privilege to get the land in his share to be developed by private players. But the development has to adhere to the development control norms, prescribed land use and FAR. The new policy also allows the land owners to sell the developed land given to them following value appreciation.
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