Delhi Development Authority (DDA) on Friday cleared the much awaited Land Pooling Policy for Delhi and will be sent for the approval by Ministry of Housing and Urban Affairs.
With the approval of this policy, Delhi will get 17 lakh houses under the Land Pooling and over 5 lakh houses for the Economically Weaker Sections (EWS).
“The policy covers urbanisable areas of urban extensions in 95 villages. Formulated with an aim to provide affordable housing in Delhi, the policy is also expected to trigger huge economic, social, and civic development of the city.
It is likely to benefit lakhs of farmers while generating immense investment opportunities,” a DDA official said.
Considering the availability of resources and services, FAR of 200 is recommended for the development in the Land Pooling Policy .