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NAREDCO conducts National Workshop on Land Pooling for Real Estate Development
December 18, 2013

New Delhi, 18th December: National Real Estate Development Council (NAREDCO) organized a National Workshop on Land Pooling for Real Estate Development today. The Workshop was a huge success with active participation from bureaucrats and real estate industry stalwarts.

The Workshop was aimed to discuss the various issues associated with the concept of land pooling and also disseminate information on the benefits accrued to the States in terms of growth of real estate sector and general development of the society thereby. The workshop witnessed participation from industry stakeholders from various states soaking in from the deliberations and utilising the knowledge gained for adapting the same in their specific situations.

The Workshop covered the issue of land assembling and pooling serving as a means to augment availability of land for creation of the necessary real estate, especially the housing for general public, including EWS/LIG. The varied experiences in this regard in many states in India like Andhra Pradesh, Gujarat, Chhattisgarh, were also discussed.

The key suggestions made by NAREDCO to the government are as follows:

  • Creation of self-sustaining cities with complete water and waste recycling. This should be made mandatory at developer level
  • Sewer tax and waste tax in the MPD 2021
  • Environment clearances for projects to be given at city level
  • All clearance agencies to come online to avoid delays
  • Policy formulation should be done online and approvals should be given in 60 days
  • Give single environmental clearance for 35000 acres of land in Delhi

Sudhir Krishna, Secretary, Ministry Of Urban Development, said
& ldquo India will be an urban country by 2030 and we need to very strongly focus on Urban Development, Planning for Urban Development and Transit Planning. There are smaller things like drainages that need to be planned. Planning cannot be elitist, it has to be egalitarian. Planning has to be done at a sector and a ward level. Some of the very attractive points of the policy are that it creates provisions for higher FAR and higher density which wasn&rsquot there so far. Planning should cater to the future, it should cater to the need of the young generation.

He further added &ldquoI will like to congratulate NAREDCO for taking up this initiative and we look forward for further collaboration soon at a bigger level by getting all stakeholders like Ministry of Finance, Planning Commission, DUAC, Environment, Law and Forest ministry on board.&rdquo

Vice Chairman, Delhi Development Authority, D Diptivilasa said &ldquoFailure of planning has created unauthorized colonies and slums in Delhi. DDA has overhauled existing regulations and processes to encourage extensive participation from the private sector in the developmental process. By incorporating the public-private partnership policy with the new land policy framework of DDA, we are enabling developers to directly acquire land from farmers or landowners. The land pooling policy has successfully been implemented in other states like Maharashtra, Gujarat, Tamil Nadu, Punjab and Kerala and we are hopeful that it will be able to meet the urbanization challenge to find new land in Delhi for accommodating new population.

Speaking on the occasion, Navin Raheja, Chairman, NAREDCO said, &ldquoThere is a huge demand and supply gap in Delhi and this has given rise to unauthorized colonies and slums. The Govt has realised this and formed the land pooling policy, in which Govt has taken on the role of facilitator, while the builders will acquire land from owners, farmers etc. The increased role of private sector participation post the MPD 2021 developed by DDA in urban infrastructure projects will be a big facilitator particularly in acquisition and development of land in Delhi&rdquo

from left to Right: Mr. Raheja speaking at the conference Neeraj Bansal, Partner, KPMG Vice Chairman, Delhi Development Authority, D Diptivilasa Sudhir Krishna, Secretary, Ministry Of Urban Development R.R.singh, Director General, NAREDCO


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