Friday, May 3, 2024
HomeNewsInfrastructure NewsRegistration after Sep 6 to get only 55% land back

Registration after Sep 6 to get only 55% land back

Tarun Kapoor, vice chairman, Delhi Development Authority (DDA) said that Delhi' land pooling policy is expected to open-up land banks for affordable housing to come-up in the capital.

Land owners in Delhi, who register under the Land Pooling Policy after the deadline of September 6, will only get 55 per cent of their land back after infrastructure development. However 60% of the pooled land will be returned to those who register before time, said NR Aravind, director (Planning), Land Policy, DDA.

Aravind was speaking during the 15th National Convention organised by NAREDCO in New Delhi on Monday.

In February 2019, DDA had launched a single-window online portal for inviting “expression of willingness” from land owners under the land pooling policy. The time limit for ‘expression of willingness’ for participation under the policy, which was initially kept at August 4, has been extended till September 6.

In April 2019, DDA said that a total of 250 hectares of land had been registered while in July 2019, it said that 1,100 hectares of land had been pooled. “Initially the response was not very encouraging response, however after we reached out to the people through various mediums we received a good response. Now 4,650 hectares of land has been registered till date,” said Aravind.

DDA expects to produce 17 lakh dwelling units to house 76 lakh people under its land pooling policy. It will come-up in nine sectors of five zones K-1, Zone-L, Zone-N, Zone-P-II and Zone-J. “While the size of each sector may differ, the vacant land availability will be more or less similar ranging from 100 to 125 acres,” said Meena Vidhani, deputy director-planning, DDA.

RELATED ARTICLES

Most Popular

Hot News