NEW DELHI: The ambitious but much delayed land pooling policy of Delhi Development Authority (DDA) is now likely to get approved on Friday.
DDA had put its revised draft land pooling policy in the public domain in January this year, inviting suggestions and objections, and had received 734 responses, which were examined by a board of inquiry and a public hearing was held in July.
The report prepared by the board of inquiry has been submitted, which will be discussed in the authority’s board meeting to be chaired by lieutenant governor Anil Baijal on Friday.
BJP MLA Vijender Gupta, a member of the board of inquiry, said the policy might get approved on Friday. “The public hearing has taken place and the report has been submitted. On the basis of the report, the land pooling policy will get passed in the meeting,” he said.
Gupta, however, claimed that due to unavailability of enough water, DDA proposed to allow only 200 floor area ratio (FAR) instead of the public demand for 400 FAR. “The reduction is a serious setback to the Centre’s efforts to ensure affordable housing to 20 lakh families,” he said. Once approved, the policy will be sent to the Union housing and urban affairs ministry for final notification.
The policy was devised as an alternative to the cumbersome process of land acquisition for development and was announced in 2013. As per the policy, a developer or a consortium can pool land and retain 60% of it to develop residential, commercial or public facilities while 40% will go to DDA.
Source From : https://timesofindia.indiatimes.com/city/delhi/dda-likely-to-approve-land-pooling-policy-today/articleshow/65711661.cms