Delhi Real Estate Plans to Get 10 Lakh New Houses by 2021

If the Delhi Development Authority (DDA) has its way, the national Capital will get more than 10 lakh houses by 2021, the year when the population in the metropolis will touch the 2.3 crore mark. The development body and the Ministry of Urban Development have come out with a magnificent solution - urban extension area on the outskirts of Delhi, which will see massive developmental projects.
DDA's spokesperson said the development of around 20,000-24,000-hectare land will give several housing options to an additional 48 lakh people in Delhi by 2021. The DDA will develop the areas with the help of private builders under the recently-approved Land Pooling Policy.
The DDA officials have selected the areas strategically keeping in mind the future infrastructure needs. "The areas along the major transport corridors and fringes of already urbanized areas have been earmarked for the urban development," said a DDA official.
"The housing options will come up in the line of residential development in Dwarka and Rohini. The policy proposes to carry out development in urban extension areas by involving private parties. The new sub-cities will be developed with all facilities," said a senior DDA official.
Officials involved in the review of master plan 2021 said the housing development would be coupled with all infrastructural developments. "As per the plan, proper cities will be developed having all the facilities such as schools, colleges and hospitals," said an official.
Moreover, one needs not to worry about the distance from the working place to the new sub-cities as they will be developed across the metropolis.
"In the early phase, seven zones have been selected for the development. These are Zones like J, K1, K2, N, L, P1 and PII that will be spread across the city. For example, if zone J is in south Delhi alongside NH 8, zone L will be developed in Najafgarh of west Delhi. Similarly, zone PI and P II are alongside the national highway I and zone N is beyond Rohini," said the official.

This will be possible as the DDA has made a remarkable change in the land acquisition policy by approving land pooling policy in March. The policy was cleared by the Lieutenant Governor Najeeb Jung on Friday.

The policy has several elements of public-private partnerships. Landowners, including farmers, can form consortiums and tie up with private builders or banks to consolidate their land parcels and develop the plots according to the zonal plans approved as part of the Delhi Master Plan-2021.

After the land has been developed, the landowners can transfer a part of the land back to themselves. The DDA will be in charge of the infrastructure development on the consolidated land for which a certain part of the land required will have to be transferred to the agency, said a senior official.

Explaining the concept of Urban Extension areas, the official said, "In future, urbanisation has to be in the areas that have development potential like the areas along the major transport corridors and fringes of already urbanised areas. Therefore, in the 2021 master plan, it has been envisaged that the area under existing designated rural would be absorbed as urban extension from time to time with due regard to a balanced city development.

A senior DDA official admitted that the large-scale acquisition policy as per the master plan adopted in 1961 had failed to keep pace with the rapid pace of urbanisation witnessed in the metropolis. The land pooling policy was proposed in the new master plan in an attempt to fill the huge gap of residential requirements," added the official. 

Source - India Today