Rakshit Newsletter- August, 2014
View this email in your browser

Newsletter August

DDA to announce Land Pooling Policy in next 3 Months (Hindustan Times) (26th Aug, 2014)

The Delhi Development Authority’s housing scheme scheduled to start on September 1 has very few newly constructed two and three-bedroom flats on offer.

The DDA admits that its focus is not on building affordable houses for the middle class anymore. But it promises its ambitious 'Land Pooling Policy'’ would more than make up for this loss.
“The focus of DDA is on building affordable housing for the lower middle class and EWS category in Delhi. As a result, almost no new construction of two and threebedroom flats have taken place in the past few years, which is reflected in the latest housing scheme,” said a senior DDA official.

“We are going to announce the land pooling policy in the next three months and it would ensure that 20 lakh new housing units would come up in the city,” DDA vice chairman Balvinder Kumar.

The policy allows farmers or land owners to pool their land for development by DDA, for which they would get a share of the developed land back. Private developers will be contracted for construction of housing on this land.
Release Date: 26th August, 2014
Source: Hindustan Times
Download Image: Click Here
Contact Us
Copyright © 2014 Rakshit, All rights reserved.

Our Website:

Our Contact No.:
9971-971-579, 8860-5160-45

Our mailing address is:
Rakshit Estates Pvt. Ltd.
P-8/14, DLF Phase 2
Gurgaon, Haryana-122008

unsubscribe from this list    update subscription preferences