- The idea behind land pooling is to aggregate small land pieces into a large parcel, develop necessary infrastructure such as water supply, sewage system and drainage, make provision for larger social and other infrastructure, including metros and main roads, and return the developed land to owners or developers.
- Hence, it is a concept where small chunks of land are owned by a group of owners who assemble for the development of infrastructure as per the provisions of the Delhi Development Act 1957.
- After the development of the land, the Land Pooling agency redistributed the land after deducting some portion as compensation towards infrastructure costs.
- This is done to develop and bring out the potential of housing and infrastructure to reduce the load on the existing congested and saturated areas, like core parts of Delhi.
What is in for the buyers?
- While land owners offering between 2 and 20 hectare of land for development will receive at least 40 per cent of their land back, and those who are giving away 20 hectare of his/her land would get 60percent of their pooled land back once the development is completed.
- What is the current status? At present, DDA is acquiring the land under large-scale acquisition and disposal policy. DDA will soon make an advertisement in newspapers inviting applications for land pooling policy.
