Land Pooling Policy has been allowed by the Ministry of
Urban Development; vide S.O.No - 2687(E), on 5th September 2013. This policy
objective to avoid, selling of land without the owner’s acceptance. This policy
guarantees essential changes in the way of achievement and growth and growth of
land in Delhi.
There are lots of beneficial for development in Delhi by
Land Pooling Policy (LPP). Under this
policy, land owners can give up their land asset into the central pool and be a
stakeholder to the growth suggested on their land. Once the land is combined,
the landowner would get back 40-60% of the total land gave up, as developable
land, “For once, the conflicts on undervaluation of land for acquisition would
be eliminated, and the procedure would seem reasonable to every land
proprietor, regardless of the size of their land having. The 40-60% land that
DDA would maintain with them would be utilized for creation of infrastructure
as well as monetize it against specific reasons, by DDA. Land pooling policy
covers all features for make Delhi smart city.
Delhi Master Plan 2021 is recognized to be the biggest ever
property opportunity in the country for the demographic demand and the
management dedication provides the triggers for growth. Delhi’s master plan's
considered to accommodate an additional inhabitants on 10 million people, as
well as accomplish enhancing almost 1.6 million dwelling units and the land
pooling policy being the first of the many pioneering methods towards the
vision to actuality. According to Delhi Master Plan 2021, Land pooling is one
of the best way to make Delhi Smart City with reasonable prices.
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