Funding, the most crucial issues is handled in PPP

L Zone that is very crucial and the most important segment into MPD 2021 on the way to development of Delhi according to the new urban planning stature and activities. Properties in Dwarka Delhi beyond the sector 21 extension into the L zone is based on the idea of Public private partnership, where on the basis of Land pooling policy, a city with a world class infrastructure is under development.
     
Realization of residential projects in Dwaraka Delhi on the basis of PPP is a step ahead, where, policy makers both at central and state levels have intense focus over the infrastructure investments to enable the further fast paced economic growth. One of the major reason for the government to set for the infrastructure projects on the way to PPP is overcoming the funding and technological challenges. Therefore, government has turned up to the private sector with the PPP route emerging as the most preferred method for cooperation. 

However, it is the strength of the PPP sector that has led it to grow beyond the key infrastructure segments ranging from roads and communications to power and airports.

Residential projects in L Zone are just not new to PPP concept in India and is been here for very long time but is rapidly developed and adopted into practice after the post liberalization, especially, after 2006. With the passage of time, the, role of PPP has been shot up to a considerable and whopping level further associated by much favourable economic policies and key reforms.

In L Zone, Dwarka, DDA land pooling policy is a core to the adoption of public private partnership. In the new policy, private players along with government agencies procure land from the farmers and would further develop the residential projects based on the cooperative method. After, the entire planning, the government agencies would be only be the care taker of the project and the rest of the work would be carried out by the private developers.

Some Common Objectives to Be Attained Under Master Plan 2021

Master Plan Delhi 2021 devised to change the urban sphere in Delhi forever is a larger scheme of DDA (Delhi Development Authority) where an opportunity is given to private builders to buy land from farmers and then further develop the urban colonies at the borders of Delhi. Planned as modern urban settlements in accordance to the government’s policy of Smart City Policy, the planning and development of residential complexes by private builders as well as Cooperative Group Housing Societies (CGHS) is taking place at different zones of MPD2021 according to the public private partnership plan.

One such project of optimum importance is Royal Homes in L Zone Dwarka to be developed by Delhi Heights CGHS Pvt. Ltd. A PPP model Royal Homes Dwarka situated at the south west Delhi is an important residential complex development scheme. 

   

 

Though a public private partnership plan Royal homes at many factors is a nice and important change to be taken care of and is suitable and most appropriate one for the detailed and extended living.  Plus, the extra time spent in your home could be just enough to help you ride out a downturn in the real estate market. It has following unique features as:- 

•    These homes offer a great chance and opportunity to grow. They are just as exact and equal to the changing demands of the contemporary and modern lives. If you can't make a place according to your present living needs, you can seek guidance as to build things later on.

•    Flexibility, there, is an important aspect that all types of homes to be looked out therefore for modern and contemporary living. At the scheme, an open-floor-plan style home is very adaptable.  It is a very unique and attractive place for living, especially, for the prospect and aspects of family living in a carful and peace living environment.

•    L Zone is provided in a very excellent and unique surroundings in Delhi. While purchasing a home, you just no get a home but also a unique and absolute surrounding too. 

It as a place has been made exceptional by its Proximity to a Golf Course & Football Stadium and existing metro connectivity from Dwarka

What Led to a Major Policy Shift in Land Pooling Policy, Delhi!

Master Plan Delhi, 2021 is a major reformatory step on the path to revamp the existing urban development policy in India. On the imminent need of planned urbanization, Master Plan Delhi 2021 has surfaced as a breather to sort out the urban woes for the policy makers in India.  

Aligning to the new government’s initiative Smart City project, Land Pooling Policy Delhi is an integral part of MPD 2021 to carry out the housing and commercial development activities in Delhi.

 ·        Introduction to Land Pooling Policy Delhi: The renewed land pooling policy to simplify the problem of massive urban settlement needed for development of areas around Delhi on the lines of Smart Cities. Part of MPD 2021, the new Land Pooling Policy was notified on SO no. -2687 (E) by the Urban Development Ministry on 5th September 2015. MPD 2021 aims to create five sub cities at outskirts of Delhi to facilitate housing units to around 24 million Delhities by 2021. The new policy allows private builders and registered housing societies now on to buy land straight from land owners and then carry out the construction activities in the region.

·        Features of New Land Pooling Policy: In the new land pooling policy, a major policy shift has been made in the manner the land is acquired by DDA, previously, from farmers and land owners. With the first master plan in implementation in 1961, DDA used to acquire land straight from farmers on its set price. After that DDA on acquired land was in practice of conducting planning and then after selling land piece by piece to the farmers. However, with private players coming into the field of housing development by 1980, the land prices soared and it became difficult for DDA to acquire land from farmers on its set rate and prices. In the light of projects being delayed due to price rise and non cooperative attitude of farmers DDA formed new Land Pooling Policy, Delhi. 

Therefore, in the new land policy, DDA has allowed the CGHS societies and Private builders to procure land straight from the farmers and has limited its role. DDA now on is in supervisory role. The land by CGHS societies after purchase is surrendered to pooling agency DDA for planning purposes.  DDA after proper planning return that land back to developers while keeping a certain part of the land for external developmental and civic amenities. The features for housing development for pooled land follow as:-   

1.     5 to 50 acres the ration will be 48:52

2.     For more than 50 acres ratio is 60:40

3.     The returned land will be used as housing complex according to the norms.

4.     The building will be environmental friendly green building.

5.     Provision for adequate car parking ie (2ecs / 100 square meter)

6.     A maximum of 55 flats can be accommodated in one acre of land before pooling density is 800 – 1000 pph. 

Among all the MPD 2021 zones in Delhi, Land Pooling Policy in L zone is the of the great commercial value due to the L Zone’s location being closer to IGI international airport and millennium city Gurgoan.  

Delhi Master Plan (MPD 2021), The Big Indian Revolution To Urban Planning

Among many important projects of Master Plan 2021, the most unique one is sub city Zone L close to Dwarka sub city and Indira Gandhi International airport. The closeness of the L Zone to Millennium city Gurgaon is another location advantage. However, the Master Plan 2021 implemented in Delhi is an effort of Delhi Government to dilute the population pressure on Delhi and facilitate the urban expansion of the National Capital City.

For more information about MPD 2021, Land pooling policy, DDA roles in Delhi please visit Delhi Heights Multi State CGHS Ltd.