The much-awaited Land Pooling Policy of Delhi Development Authority (DDA) get approved on Friday. For the same DDA put the revised draft in the public domain during the month of January for inviting suggestions and objections. Those were examined by the board of inquiry in July. Further, the report will be discussed in the authority’s board meeting chaired by Lieutenant Governor Anil Baijal on Friday.
‘The public hearing held and the report has been submitted. On the basis of which Land Pooling Policy will get passed’ said by BJP MLA Vijender Gupta, a member of the board of inquiry. He also claimed that due to the scarcity of water, DDA allows only 200-floor area ratio (FAR) instead of public demand for 400 FAR,” The reduction is a serious setback to Centre’s effort for providing affordable housing to 20 Lakh families.” Once the policy is approved will be sent for final notification to the Urban Housing and Urban Affairs Ministry.
The policy was announced in 2013 as an effective approach in Land acquisition process for development. According to the policy, a developer or an organization can pool and hold 60% of it for the residential and commercial development while 40% will be under DDA.