Sunday 14 February 2016

Land pooling policy: Converting an idea into greater resources

In a city like Delhi, the area is restrictively costly; land engineers are putting forth pads for Rs 3,200 for each square feet close IGI Airport. Interestingly, one needs to pay just Rs 1,250 for each sq ft at first as area expense. Whatever remains of the sum can be paid once the development work begins, claim engineers.
"DDA will start the land pooling process after the Delhi government declares 89 villages as a development area. Only then can we invite people to participate in the process, which is likely to take some time," said a senior DDA official.
At the point when surveys rang a percentage of the designers acting like a purchaser, they let us know that the development work will begin in a year's chance and will be finished by 2021. At the point when asked whether the task will come up at the site where they have set up the hoardings, the greater part of them said it was the real site. Some attempted to avoid the inquiry however later said that it will come up inside of a 5km range of the current site.
DDA authorities say that the definite area of any such lodging venture can't be resolved at this stage. TOI went to the towns and discovered tremendous hoardings of lodging ventures by different designers in the farmlands which are yet to be proclaimed urbanized by Delhi government. Nearby property merchants are distrustful.

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