12 October 2018 Current Affairs:
The Centre approved Delhi’s land pooling policy. The policy has already been approved by the Delhi Development Authority (DDA). Hardeep Puri, Minister of the Housing and Urban Affairs, said no major changes were made to the policy.
The land pooling policy covers any urbanisable area of urban extensions in 95 villages. With a floor area ratio (FAR) of 200, Delhi’s 76 lakh people will be accommodated in these homes. To promote affordable and inclusive housing, 15% FAR, over and above the permissible FAR, has been allowed for Economically Weaker Sections (EWS). The policy covers greenfield areas in five zones, including J, K-1, L, N and P-II, which come under the Master Plan of Delhi-2021 (MPD).
Land Pooling is a concept that where small chunks or parcels 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 and the prescribed procedure.