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Benefits Of Land Pooling Policy

Under the Master Plan Delhi – 2021, real estate industry is going to witness the big boost in property sector. Delhi Development Authority (DDA) has already notified the layout plans for different kinds of activities including Group Housing Projects, Townships and Commercial Corridor. On the basis of the detailed reports, over 25 Lakh residential units are to be built at various zones in next 10-15 years. Shops and office spaces are also the essential parts of the planning. This policy will create millions of jobs as well as will ensure the flow of billions of rupees into the city.Under the Master Plan Delhi – 2021, real estate industry is going to witness the big boost in property sector. Delhi Development Authority (DDA) has already notified the layout plans for different kinds of activities including Group Housing Projects, Townships and Commercial Corridor. On the basis of the detailed reports, over 25 Lakh residential units are to be built at various zones in next 10-15 years. Shops and office spaces are also the essential parts of the planning. This policy will create millions of jobs as well as will ensure the flow of billions of rupees into the city.

Execution of Land Pooling Policy Will Create Jobs

Perfect implementation of Land Pooling Policy (LLP) will generate Lakhs of jobs, for skilled and unskilled people, in various Govt. and Non-Government departments. For the same reason, every youth will get a chance to become the proud member of the society. Land Pooling Policy will generate jobs in two important phases. First phase would be dedicated to the construction and second would be for habitation and facility corridor.

Jobs Generated During Construction

  • 6 Lakhs direct jobs will be for construction and logistics sectors.
  • Additionally, 6 Lakhs indirect jobs will employ people from economic weaker sector (EWS).

Large scale development in infrastructure sector is certain to produce additional employment. These projects are highly promising.

Jobs Generated Post Construction

After the successful completion of all these Residential, Commercial, Public/Semi Public areas, nearly 20 Lakh Private Sector and Government Sector jobs will be available for the people.

Revenue Earned Through Land Pooling Policy (LLP)

Government will earn a significant amount with the charging for Stamp Duty and Registration Charges on property transaction. This amount will be sufficient to provide best of services and facilities to each and every person within the city. All this will happen once the Land Pooling Policy starts functioning.

Advantages For Farmers With LPP

Current price for plot in village stands at Rs.20,000/Sq.Yd. Value will increase to Rs.50,000/Sq.Yd soon after the implementation of LPP. For a 300 Sq.Yd. plot a villager will get Rs.90 Lakhs.

Furthermore, Family Will Be Liable For Additional Growth Opportunities.

Development of over 10 Lakh EWS units will prove extremely helpful to rehabilitate poor in authorised development areas. As a matter of fact, over one crore direct/indirect jobs will employe all job less people within the city. In addition, huge business opportunities will be there for poor to explore.

From the above given description, it is now quite clear that how Kejriwal Government is fooling the people of Delhi and imposing the bad services and infrastructure on them by delaying the execution of Land Pooling Policy (LLP). However, he is giving subsidies on Water and Electricity bills but restricting them against finding the good jobs and make progress in life. This financial year, Delhi Government will spend Rs.1800 Crores on subsidies. This calculates into Rs.1000 subsidy to every family. This amount is just the small amount that a poor can earn with the execution of LPP.

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