Latest News on Land Pooling Policy
(Click on the image to see the Latest Newsletter)
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Delhi Govt gives In-Principle Approval to Land Pooling Policy
Delhi Govt has given an in-principle approval to the Land Pooling Policy. To address the issue of land for construction of facilities such as electrical sub-stations, stadiums, industrial areas, old-age homes, hostels, schools, etc., Delhi Govt has demanded 10-15% of the pooled land (from DDA's share) for free. The demand shall in all probability be accepted by the DDA as "implementation of land pooling policy is crucial for Delhi's development", said a senior official of DDA. Source: Times Of India Date: 2nd July, 2016 Newsletter: Newsletter July Link: TOI Article |
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Delhi Govt. proposes amendments in
Delhi Land Reforms Act- 1954 The Delhi Govt. has invited suggestions for amendments in Sections 23, 33, 73, 75, 81, 82, 85 etc of the Delhi Land reforms act 1954. Delhi Land Reforms Act was created way back in 1954 to ensure that the land in Delhi is not de-fragmented and that the farmers keep using their agricultural lands for agricultural use only. Since new development through Land Pooling has been planned on these agricultural lands, making Delhi the first state in the country which will be 100% urbanised, the sections of act restricting use of agricultural land for non-agricultural purposes amongst other sections have to be amended. Source: MagicbricksNow Date: 8th June, 2016 |
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Delhi Govt. promises consolidated report on Land Parcels coming under Land Pooling Policy within 15 days
Delhi Govt. has promised that within 15 days, a consolidated report on Land Parcels under Land Pooling will be sent to the Land and Building Department of Delhi Govt. before putting up the note to the Lt. Governor of Delhi for approval. Source: MagicbricksNow Date: 31st May, 2016 |
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'Urban Development Ministry announces package for development of Expressways (UER 1 & 2) passing through L Zone'
-Times of India (23rd Nov, 2015) Extract: In a major move to decongest the city, urban development minister Venkaiah Naidu on Sunday announced a Rs 3,250 crore package for the capital, to be used for construction of flyovers, underpasses and rail overbridges to free up arterial roads. ...... The projects to be undertaken by DDA include construction of a rail underbridge at Holambi; a rail overbridge at Mundka on Urban Extension Road II; a rail bridge at Narela; a tunnel near Bhagya Vihar and Meer Vihar and construction of the Dwarka Expressway from Urban Extension Road II to Northern Peripheral Road. The 3.5km stretch is expected to give relief to residents of Dwarka and Gurgaon by decongesting NH8 and cutting travel time. ...... Release Date: 23rd Nov, 2015 Source: Times Of India Article Link: Click Here |
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'DDA Notice for P-1 Zone'
Release Date: 18th Nov, 2015 |
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'Why these 9 North Indian cities are good investment bets'
-Financial Express (14th Nov, 2015) Extract: Despite the real estate sector going through a rough patch for almost an year, it still makes sense to invest in properties which promise a long-term return. ...... Investors can reap in impressive rewards if they choose a good destination along with a reliable developer after a good research on the city and its market. ...... Infrastructure makes a city worth investing and also drives the real estate growth. Vikas Malpani, co-founder, Commonfloor finds Bhiwadi, Jaipur, Ghaziabad, Delhi (L-zone) and Faridabad as good investment picks in North India as infrastructure is one of the major factors that is driving real estate growth in most of the mentioned cities. ...... L-Zone in Delhi is situated in a strategic location in the south west of Delhi with close proximity to Dwarka, Gurgaon and IGI Airport. Low land prices and DDA’s Land Pooling policy are expected to be the major growth drivers of this region. ...... Release Date: 14th Nov, 2015 Source: Financial Express Article Link: Click Here |
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'20-25 lakh housing units in Delhi in next 6-7 years'
-Times Property (7th Nov, 2015) Extract: Although some people still remain sceptical and advise investors to tread with caution, but most ind ustry experts say this as a very favourable policy for the city's infrastructure development. .... According to industry sources, the policy will make it possible to construct around 20 to 25 lakh housing units in the next 67 years, which is in line with the housing shortage spelt out in the Master Plan Delhi 2021, which was notified in 2013. .... Release Date: 7th Nov, 2015 Source: Times Property Article Link: Click Here |
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'Getting Closer to Owning House in Delhi' -NDTV (5th Nov, 2015)
Extract: If you are planning to buy accommodation in Delhi or want to invest in property, now is the right time. .... The projects come under the land pooling policy which has already been notified. With this affordable housing policy, buyers can get a home in Delhi at the same price as in NCR towns like Noida, Gurgaon and Ghaziabad. .... There are number of developers and group housing societies which have launched projects under the land pooling policy and offer very lucrative schemes to the customers. Release Date: 5th Nov, 2015 Source: NDTV Article Link: Click Here |
Big Push for Land Pooling Policy
Implementation Expected Soon !
Implementation Expected Soon !
Removing the biggest bottleneck to the implementation of Land Pooling Policy, Lieutenant Governor Najeeb Jung has allowed the transfer of ownership of the ‘Gram Sabha Land’ in villages earmarked for Land Pooling to the Delhi Government, paving the way for early implementation of the Policy.
This was a persistent demand by Delhi Govt before it notifies the 95 villages identified for land pooling as urbanized- Thus declaring these villages as development areas in order to allow development of Commercial, Residential and Community Infrastructure. This shall enable Delhi Govt to undertake its own projects without being dependent on DDA for land.
Now that the issue is resolved, implementation of Land Pooling Policy is expected very soon.
Thanks and Regards
Team Rakshit
Release Date: 5th Nov, 2015
Source: Hindustan Times
Article Link: Click Here
This was a persistent demand by Delhi Govt before it notifies the 95 villages identified for land pooling as urbanized- Thus declaring these villages as development areas in order to allow development of Commercial, Residential and Community Infrastructure. This shall enable Delhi Govt to undertake its own projects without being dependent on DDA for land.
Now that the issue is resolved, implementation of Land Pooling Policy is expected very soon.
Thanks and Regards
Team Rakshit
Release Date: 5th Nov, 2015
Source: Hindustan Times
Article Link: Click Here
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Land Pooling to be made more Foolproof and Transparent
- Vice Chairman, DDA Release Date: 18th September, 2015 Source: Times of India Article Link: Click Here |
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Kejriwal Hikes Circle Rates for Land Under Land Pooling
Release Date: 4th August, 2015 Source: Received from Sub Registrar Office, Kapashera Article Link: Click Here |
BIG NEWS !
DDA 's Land Pooling Plan gets all-clear from Centre
Release Date: 27th May, 2015
Source: Indian Express
Article Link: Click Here
DDA 's Land Pooling Plan gets all-clear from Centre
Release Date: 27th May, 2015
Source: Indian Express
Article Link: Click Here
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Barcelona as model, Naidu sells Delhi dream
Release Date: 4th Jan, 2015 Source: Times of India |
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Delhi Set to get 3 Smart Cities
Release Date: 1st Jan, 2014 Source: Hindustan Times (Page 1) |
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Outer Delhi set to get a 'Smart' city
Release Date: 28th Oct, 2014 Source: Times of India |
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DDA to unleash housing bonanza, 20 Lakh residential units coming up
Release Date: 5th October, 2014 Source: India Today Article Link: Click Here |
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“We are going to announce the land pooling policy in the next three months" DDA vice chairman Balvinder Kumar (26th Aug, 2014)
For Full Article: Click Here |
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DDA to launch Land Pooling Policy in 3 months,
expedite housing for poor- 10th July, 2014 For Full Article: Click Here |
Wait for Delhi development master plan nears end- 8th June, 2014
"The manual for Delhi's development-Master Plan 2021-has been under review for one-and-a-half years....wait coming to an end" For Full Article: Click Here |
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DDA set to open up Outer Delhi areas for housing project
"The DDA is close to clearing a plan that could open up new areas in the city for housing projects." |
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DDA forms cell for Land Pooling
"The land pooling policy has been insistently encouraged by the Urban Development Ministry and has become more effective with the introduction of a land pooling cell." |
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Land Pooling Policy may Cool prices in the NCR regions like Gurgaon, Noida, Faridabad, etc.
"some 1.5 million apartments will be launched over the next three-four years in the city, possibly having an impact on the appreciation in the value of property in the wider Nation Capital Region, which includes Gurgaon and Noida." |
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Delhi's exponential Reality Rates growth
"Only 12 out of 43 places saw double digit growth in real estate prices. Delhi being one of them" |
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Dedicated Cell for the implementation of Land Pooling Policy
"The dedicated cell for the implementation of the land pooling policy will allow consolidation of privately owned land by its owners through pooling and surrendering it to the land development authority." |
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Delhi Leading in Real Estate Prices
"Proprety prices in Delhi witnessed the steepest rise of reoughly 60%, when compared to cities from other countries." |
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Your Dream Come True
"Due to the constant migration of thousands of people to Delhi and National Capita Region along with the urbanization of the region, real estate prices in the region have been rising rapidly. Thus MPD-2021 bringing in the construction 0f 16 lakhs flats shall fulfil the demand of the increasing market of real estate." |
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Land Pooling Policy: Step in Right Direction
"The policy creates a link between the public and private sector in Land Acquisition which makes land acquiring a much easier and a more beneficial process for all" |
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Decongesting Delhi
"Three expressways passing through Delhi shall be able to soak all the traffic in the residential sector of Delhi. New residential projects shall come up around the roads which shall boost the market with more housing options at better planned areas in Delhi." |
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Land prices hike in L-Zone
"The policy for residential zone is still to be notified, which is likely to be declared soon. This would entail a further increase of about 50% in per acre land prices in this zone, according to experts" |
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Land pooling policy cleared by DDA
"The policy allows developers or land holders to pool in land for developing new residential area" |
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Urban Extension Roads coming up in Delhi
"DDA in its MPD-2021 has planned three UER expressways to pass through the city connecting South Delhi to the North. These expressways pass only within the Delhi boundary. The construction has already begun and shall in the future witness the development of new residential areas around the roads." |
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