Development work under land pooling scheme to begin soon in Delhi
Real Estate

Development work under land pooling scheme to begin soon in Delhi

With plans to issue a conditional notice to landowners to form consortiums, development work in the three model sectors under the Delhi Development Authority's (DDA) land-pooling policy could begin soon.

According to the media, the DDA is awaiting approval from the Ministry of Housing and Urban Affairs (MoHUA) before forming consortiums to develop the pooled land.

The central government proposed amendments to the Delhi Development Act, 1957, earlier this month, making it mandatory for landowners to pool their properties once the owners of at least 70% of the developable area in a designated land-pooling sector had registered their holdings.

According to the media, at least 70% of the land in 16 sectors had been pooled in this manner. Sector 10 in Zone N on the outskirts of Rohini sub-city, as well as sectors 2 and 3 in Zone PIl near Alipur in north Delhi, will be the first to be developed under the policy. Nangal Thakran, Bawana, Mukhmelpur, Hiran Kudna, Pooth Kurd, and Daryapur Kalan are among the 16 sectors in the north and northwest Delhi. Around 6,922 applicants have registered 7,275.4 hectares of land under the policy so far.

Mandatory pooling is expected to ensure that land development is timed and planned. When the DDA sends out notices, landowners and developers can join together to form a registered consortium for unified planning, servicing, and development. Under the land pooling policy, creating model sectors will give the development a boost. Some landowners are on the fence right now, but they will be able to participate in land pooling soon, according to the official.

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Also read: Panchkula civic body to set up 24 sectors under land pooling schemes

With plans to issue a conditional notice to landowners to form consortiums, development work in the three model sectors under the Delhi Development Authority's (DDA) land-pooling policy could begin soon. According to the media, the DDA is awaiting approval from the Ministry of Housing and Urban Affairs (MoHUA) before forming consortiums to develop the pooled land. The central government proposed amendments to the Delhi Development Act, 1957, earlier this month, making it mandatory for landowners to pool their properties once the owners of at least 70% of the developable area in a designated land-pooling sector had registered their holdings. According to the media, at least 70% of the land in 16 sectors had been pooled in this manner. Sector 10 in Zone N on the outskirts of Rohini sub-city, as well as sectors 2 and 3 in Zone PIl near Alipur in north Delhi, will be the first to be developed under the policy. Nangal Thakran, Bawana, Mukhmelpur, Hiran Kudna, Pooth Kurd, and Daryapur Kalan are among the 16 sectors in the north and northwest Delhi. Around 6,922 applicants have registered 7,275.4 hectares of land under the policy so far. Mandatory pooling is expected to ensure that land development is timed and planned. When the DDA sends out notices, landowners and developers can join together to form a registered consortium for unified planning, servicing, and development. Under the land pooling policy, creating model sectors will give the development a boost. Some landowners are on the fence right now, but they will be able to participate in land pooling soon, according to the official. Image Source Also read: Panchkula civic body to set up 24 sectors under land pooling schemes

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