| Description | Sizes(in SQ.M) |
|---|---|
| Land Pooling(R-Zone)(As per DDA Policy) | Rs. 2,99,999 to Rs.4,99,999 /Acre |
Overview
Land pooling is a land procurement process where all land parcels are pooled in an area, converted into a layout, and infrastructure developed, in proportion to original ownership. DDA (Delhi Development Authority) has made a Master Plan to improve its city’s planning in the divided zones under the Delhi land pooling policy. In fact, it is merger of small land parcels into a larger land to accommodate the residential and commercial people. Land pooling policy has encouraged the development of real estate market and giving a ray of hope to the builders. As a result, homebuyers can buy affordable housing in Delhi.
Key Features of Delhi’s Land Pooling Policy
• DDA is responsible for the implementation and management of Delhi’s land pooling policy.• This policy provides affordable housing, generates employment avenues and improves the quality of life in the national capital.
• The policy allows landowners to pool their land parcels together.
• Once the land is pooled, the DDA takes over planning and developing infrastructure, such as water supply, roads, sewage systems and other facilities.
• After development of the infrastructure, a part of the combined land is returnable to the original landowners for development purposes.
• The DDA guidelines and regulations allow landowners to make use of the returned land for residential, commercial and other purposes.
• The DDA land pooling policy promotes planned and sustainable urban development in Delhi, addressing the escalating demand for housing and infrastructure in the city.
• The implementation of land pooling process in Delhi is governed as per guidelines and regulations that are issued by the DDA to ensure systematic execution.
• The land pooling policy is beneficial to landowner, as it gives them an access to developed land for construction. As a result of this, the city gets planned development.
Benefits of Land Pooling Policy for Homebuyers
Land pooling benefits for homebuyers include the following:• Affordable Housing: The Delhi land pooling policy has encouraged organized development and efficient land use. This has resulted in an increase in the housing units and made housing affordable for homebuyers.
• Easy Access to Amenities: The infrastructure development and essential amenities such as water supply, roads, parks, sewage systems and recreational areas, improve the quality of people’s lives and enhance the value of their properties.
• Improves Connectivity: Infrastructure development improves connectivity with other parts of the city. This becomes easier for residents to travel and have access to employment centers, educational institutions and various other services.
• Choice and Variety: With systematic development, homebuyers can have many housing options in Delhi, such as villas, apartments, townhouses, etc., available for different budgets.
• Transparent Process: The land pooling process gives clear understanding to authorities, developers and landowners. In addition, it gives transparency to homebuyers about timelines, development plans and expectations.
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