The Narendra Modi-led Union Government gave its nod to the land pooling policy for Delhi. The national capital city will get 17 lakh housing units which will offer a home to more than 70 lakh people under this policy.
The Delhi Development Authority approved this policy last month under the chairmanship of Lt Governor Anil Baijal.
Hardeep Singh Puri, the Minister for Housing and Urban Affairs said, “Yes, I have signed it (land pooling policy).” The minister shared this information when reporters asked him about the current status of the policy.
Under the policy, agencies will develop infrastructure like roads, schools, hospitals, community centres and stadia on part of the pooled land, and return a portion of the plot to farmers who can later execute housing projects with the help of private builders.
In December 2017, the highest decision-making body of DDA [Delhi Development Authority] sanctioned the simplification of the land pooling policy in Delhi and the authority is also the facilitator, regulator and planner for the same.
Now, the transfer of pooled land to DDA will not be required as earlier, the land pooled under the policy was to be transferred to the DDA, after which the authority would act as the developer entity and also undertake further sectoral planning and development of infrastructure on the land.
In September, DDA said the landowners with any size of plot are eligible to participate under the land pooling policy. Although, the minimum area to be taken for the development will be two hectares. An individual landowner or even a Developer Entity (DE) can participate in this scheme by pooling land parcels covered under a sector as per the Zonal Development Plan.