A Policy is deviced to prevent unauthorised and forcefull acquition of land from owners. On 5th of September of 2013 this Land Pooling Policy was approved by Urban Development Ministry. The policy is about to bring core changes in land development and acquitioin by DDA Master Plan Delhi.
DDA is a pivotal government agency to oversee development of national capital of India. DDA lays down plan, policy and guideline to steer the urbanisation in proper direction. First plan was in 1962 called Master Plan Delhi 1962. In first delhi master plan land acquition process (now known as land pooling policy), according to that policy, was carried out by DDA at a cost decided by DDA itself. DDA would acquire land, develop a master plan and either develop or sell the acquired land to respective party.
During first land policy, private sector was not robust enough to take up and fulfill such a large development and housing project. Gov had no choice but to take responsibility on its own. From 1991 India adopted liberalization policy and private sectors grew exponentially. The sector started playing big role in development of the city Delhi. The hosuing demand gradually increased and on the other hand government was not able to meet the requirement. In subsequent policy a larger role for private sector was felt.
A steep rise in cost of land was seen because of high demand. Because of involement of financially able private sector investment and expenditure improved too. Real estate market was changing and gov was still regulating the market by old british era Land Acquition Bill of 1894. Land owners were not happy with the acquition provisions of the old act, which were deemed as unlawful and inadequate for rehabilitation & compensation. When incidents of forceful acquition started surfacing in many states of India, government decided to amend or device fair land pooling policy.
Concerns were raised by private sector about slow process of acquiring land by government. This was the major obstacle as private sector reply on loan provided by banks.
Concerns of both owners and stakeholders in developmental work have been taken into consideration in current policy. As per this policy, land owner can become stakeholder of development process by giving their land into central land pool. Owner is entitled return of 40% to 60% of total surrendered once his / her land is polled. This percentage of land would be retained by DDA for the development of public service infrastructure.
As per current land pool policy surrender of land is provisioned as per area of land. There are two categories.
2 to 20 hects land: 48% of total pooled land will be given back to land owner.
Greater than 20 hects land: 60% of total pooled land will be returned to owner.