New Delhi, Sep 13: Minister of State (I/C) for Housing and Urban Affairs Hardeep S Puri on Friday said the land pooling policy based on public-private partnership in land assembly in urban development represents a paradigm shift, wherein land is being pooled and is to be developed by private landowners.
It was stated by the Minister at a conference on ‘Land Pooling : Building India Capital – Opportunities in Real Estate and Infrastructure organised by Delhi Development Authority(DDA) in association with the Federation of Indian Chambers of Commerce and Industry(FICCI), here.
Delhi Lieutenant Governor Anil Baijal, DDA Vice Chairman Tarun Kapoor besides land developers, stakeholders and urban planners were also present at the conference.
Mr Puri informed that the owners/group of owners can pool land parcels of any size for development as per prescribed norms and guidelines based on sectors as delineated in ZDPs. 'The Policy mandates that each sector will have a 60:40 ratio with 60 per cent of the land to be developed by Land owners/consortium for residential, commercial, partly Public Semi Public (PSP) land uses and 40 per cent of the land to be used for various city level infrastructure requirements including roads, greens, PSP facilities, development of utilities i.e. water, sewerage, electricity etc. with involvement of private sector,' he added.
Dwelling on DDA’s commitment towards operationalisation of the policy on fast track mode, the Housing Minister said that DDA had launched portal for inviting Expression of Willingness for participation earlier this year wherein any landowner of contiguous land parcel of any size falling in 95 villages of Planning Zones K-1, L, N and P-II could come forward to register on the website.
DDA conducted an extensive public outreach program to raise awareness about the policy and educate the citizens of Delhi on its benefits. This outreach program has paid dividends - as on September 6, a total of over 6000 hectares (approx) of land has been registered under the portal expressing their willingness for participation with maximum registrations in Planning Zone N.
The Land Pooling Policy augurs well for shaping Delhi’s urban landscape, bolstering economic growth and improving living standards.
DDA proposes to take up planning of the sectors which are likely to achieve the minimum threshold of 70 per cent as Model Sectors on priority to generate momentum in real estate and infrastructure sector.
Under the policy, every 1000 hectares of pooled land will accommodate about 3,85,000 persons in approximately 85,000 Dwelling Units.
About 17 lakhs Dwelling Units are expected to be constructed of which approximately 5 lakhs will be available under EWS category.
The housing generated under the Land Pooling Policy will be a key input in economic, social, and civic development of the city.
Simultaneously, development of the trunk infrastructure that is roads, water supply, electricity supply, etc will be taken up by DDA in coordination with the service providing agencies. (UNI)