Hi Buddy,
I hope I'll be able to answer your question on what is land pooling policy? Because I've benefited greatly from it. The primary advantage of a land pooling strategy is that the original titleholder retains ownership. It lowers the likelihood of legal battles and compensation payouts. Let me explain to you the scheme, as I have done thorough research about the same.
Check out NoBroker Legal Services if you need assistance with legal documents. What is land pooling scheme?The continuous battle between officials and landowners has hampered India's progress toward becoming an infrastructure behemoth. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement Act of 2013 (RFCTLARR, 2013) (referred to as the Land Acquisition Act) provided some relief. However, disagreements over irregularities, insufficient compensation, and alleged forced acquisition pushed the states to seek an alternative, with the Land Pooling Act emerging as the most popular option. Many states have notified their separate Land Pooling Acts since land acquisition and requisitioning are on the concurrent list.
Land Pooling VS Land Acquisition| Advantages | Disadvantages | Advantages | Disadvantages |
It's a self-sustaining method that's less expensive than buying land. |
Development is slow. |
The land is owned by the government. |
It's possible that the current owners will refuse to relocate. |
The title belongs to the original owners. |
It is possible that capital value appreciation will take some time. |
Accelerated development is a term that refers to the process of developing something quickly. |
The main concerns are poor rehabilitation and inadequate remuneration. |
Land disputes are less likely. |
In the absence of rigorous zoning rules, there is a risk of improper land use. |
Compensation is ensured through rehabilitative provisions. |
Long-term, the acquisition of irrigated land poses a threat to national food security. |
Costs and rewards are shared fairly. |
In dense urban locations, it's difficult to implement. |
Frequently regarded as a long-term solution for infrastructure development |
Land pooling policies are driven by the goal of sustainable urbanisation. The administration's efforts to pool land in Delhi have proven to be fruitful. Delhi's land pooling strategy is intended to meet the issues of urbanisation and the growing demand for long-term infrastructure.
Due to the Delhi Development Authority's (DDA) significant outreach and awareness programmes, a total of 6,000 hectares (approx. as of 6/2019) of land was registered on the DDA website. The projected sector-based method for development, as well as the construction of 85,000 houses on the pooled land and the development of trunk infrastructures such as water, electricity, and other social amenities, piqued the landowners' interest.
Increased state adoption:Rajasthan, following in the footsteps of Delhi, Maharashtra, Gujarat, Andhra Pradesh, and Tamil Nadu, has notified the Land Pooling Act. Landowners whose land has been purchased will be compensated with 45 percent of the developed land under this Act.
I hope this answer on what is land pooling policy clarifies your query. I hope this is fine:)
Check out the home page of NoBroker for buying and selling of property.Read More:
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What is Land Pooling?
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2022-05-30T17:55:50+00:00 2022-05-30T17:55:52+00:00Comment
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