Shri
Hardeep S Puri, Minister of State (I/C) for Housing & Urban Affairs
has stated that the land pooling policy based on public private
partnership in land assembly in urban development represents a
paradigmatic shift, wherein land is being pooled and is to be developed
by private landowners. He further 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%
of the land to be developed by Land owners/consortium for residential,
commercial, partly Public Semi Public (PSP) land uses and 40% 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. He was speaking at a Conference on ‘Land Pooling : Building
India Capital – Opportunities in Real Estate and Infrastructure
organized by Delhi Development Authority(DDA) in association with the
Federation of Indian Chambers of Commerce & Industry(FICCI), here
today. Shri Anil Baijal, Lieutenant Governor of Delhi, Shri Tarun
Kapoor, Vice Chairman, DDA besides land developers, stakeholders and
urban planners were also present at the Conference.
Hardeep S Puri, Minister of State (I/C) for Housing & Urban Affairs
has stated that the land pooling policy based on public private
partnership in land assembly in urban development represents a
paradigmatic shift, wherein land is being pooled and is to be developed
by private landowners. He further 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%
of the land to be developed by Land owners/consortium for residential,
commercial, partly Public Semi Public (PSP) land uses and 40% 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. He was speaking at a Conference on ‘Land Pooling : Building
India Capital – Opportunities in Real Estate and Infrastructure
organized by Delhi Development Authority(DDA) in association with the
Federation of Indian Chambers of Commerce & Industry(FICCI), here
today. Shri Anil Baijal, Lieutenant Governor of Delhi, Shri Tarun
Kapoor, Vice Chairman, DDA besides land developers, stakeholders and
urban planners were also present at the Conference.
Dwelling
on DDA’s commitment towards operationalization 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 06.09.2019, 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.
on DDA’s commitment towards operationalization 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 06.09.2019, 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% 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 approx. 85,000 Dwelling Units. About 17 lakhs Dwelling Units
are expected to be constructed of which approx. 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 i.e. roads, water supply, electricity supply, etc. will
be taken up by DDA in coordination with the service providing agencies.
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% 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 approx. 85,000 Dwelling Units. About 17 lakhs Dwelling Units
are expected to be constructed of which approx. 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 i.e. roads, water supply, electricity supply, etc. will
be taken up by DDA in coordination with the service providing agencies.
Shri
Anil Baijal, LG of Delhi during his address stated that the success of
the policy largely depends on the provision of fast, time bound planning
and development of city level infrastructure and infusion of capital
which will act as a catalyst for integrated development of the sectors
and zones. “While, DDA in close coordination with service providing
agencies such as Transco, DJB, local bodies etc will work towards it,
the participation of the private sector is equally important. The
required capital investment for development of smart infrastructure,
housing, schools, medical facilities etc. requires deliberation on
collaborative models between DDA, Service providing Agencies, landowners
with investors/real estate segment. This conference is a step towards
this effort to partner and get on board Investors, Real Estate
Developers, Banking sector and experts for making this policy a
success. Delhi is at the cusp of urban innovation and presents an
untapped opportunity for Real Estate and Infrastructure Development. It
is envisaged that Smart city solutions deployed in 109 land pooling
sectors will turn these new urban centres in ‘smart neighbourhoods’. The
envisioned city level development under the Policy will provide the
high speed transport system, world class infrastructure facilities i.e.
24 hours water supply, power, pipe gas connectivity, health and
education facilities in these green field areas. Therefore, it is
anticipated that significant yields for both land owners and investors
will be garnered with the implementation of the Policy”, he added.
Anil Baijal, LG of Delhi during his address stated that the success of
the policy largely depends on the provision of fast, time bound planning
and development of city level infrastructure and infusion of capital
which will act as a catalyst for integrated development of the sectors
and zones. “While, DDA in close coordination with service providing
agencies such as Transco, DJB, local bodies etc will work towards it,
the participation of the private sector is equally important. The
required capital investment for development of smart infrastructure,
housing, schools, medical facilities etc. requires deliberation on
collaborative models between DDA, Service providing Agencies, landowners
with investors/real estate segment. This conference is a step towards
this effort to partner and get on board Investors, Real Estate
Developers, Banking sector and experts for making this policy a
success. Delhi is at the cusp of urban innovation and presents an
untapped opportunity for Real Estate and Infrastructure Development. It
is envisaged that Smart city solutions deployed in 109 land pooling
sectors will turn these new urban centres in ‘smart neighbourhoods’. The
envisioned city level development under the Policy will provide the
high speed transport system, world class infrastructure facilities i.e.
24 hours water supply, power, pipe gas connectivity, health and
education facilities in these green field areas. Therefore, it is
anticipated that significant yields for both land owners and investors
will be garnered with the implementation of the Policy”, he added.
Shri
Tarun Kapoor, VC, DDA expressed hope that this Conference will provide
an opportunity to deliberate key issues pertaining to development of
Delhi. The industry perspective was provided by Mr.Sanjay Dutt,
Chairman, FICCI Real Estate Committee & Managing Director and Chief
Executive Officer, Tata Realty and Infrastructure Ltd.
Tarun Kapoor, VC, DDA expressed hope that this Conference will provide
an opportunity to deliberate key issues pertaining to development of
Delhi. The industry perspective was provided by Mr.Sanjay Dutt,
Chairman, FICCI Real Estate Committee & Managing Director and Chief
Executive Officer, Tata Realty and Infrastructure Ltd.
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