Compare Casa - Land Pooling Policy a Best Way to Secure Future and Make Money Out of it

“Opportunity comes once in a lifetime” this quote suits almost everywhere in one’s life and especially when it comes to invest money in real estate firm. The approval of land pooling policy by Ministry of Urban Development has brought a wonderful opportunity for the farmers to handover their properties to the authorized builders and investors to use them for urban development and return them in their pre-fix profit or share from the same. Now, farmers or middle class people can handover their properties to builders without any fear as there is no such loss at their end. As Ministry of Urban Development has come up with five major amendments so, farmers can trust on the authorized developers or investors. On the other hand the amendments aim timely completion of real estate project, enabling farmers in paying the development charges, transparency in allotment of returnable land, ensure mandatory housing for economically weaker sections (EWS) and full utilization of approved floor area ratio (FAR).

Under DDA land pooling policy and Delhi master plan 2021, DDA will undertake the urbanization of approx. 20,000 hectares of land in association with private sector and private sector has to be active and responsible in assembling the land which is needed for the redevelopment. It has observed that across outskirts of Delhi, the development will bring in about 14-16 lakh units. As DDA was unable to get any land for last 10 years, therefore it becomes necessary to bring such pooling policy under Delhi Master plan 2021. It is assumed that about 20,000 to 25,000 acres of land will be unlocked by 95 villages and it will take approx. 10 years to fully develop it. So, as it is a foolproof plan designed by the DDA and approved by Ministry of Urban Development so farmers can pool their land for a good return against the same.

In accordance of the amendments, in case of any delay in completion of development by land pooling agency, DDA has to pay 2% of External Development Charges (EDC) for first two years and 3% EDC thereafter to the land owners or farmers. Thus, it is again a nice benefit for the land owners to get such value. Land owners must have a look on the pros and cons of land pooling policy, before they pool their land into it. So, hence proved that this is a wonderful opportunity for the farmers to contribute their land under DDA land pooling policy for the Urban Development and get its return after few years with more profit. Land owners must compare home’s prices of present time and assume for future as it will help you to find how this policy is good for you. Land owners must not miss this opportunity to make money out of it as it is for sure a beneficial investment mode. The official website of DDA has every minor detail about the entire pooling policy, so people who are looking for the same can get the appropriate information from there.

Visit the website and find, how this land pooling policy is better for you. You will get good information to take a right call against your property. But, keep it in mind that it is certainly a good opportunity for you and your future generation, so be wise and careful while taking the final decision.

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