Land Pooling Policy- A New Hope to own Homes in Delhi
Amaravati, the new capital of Andhra Pradesh, is being constructed by innovative land-pooling mechanism without the use of the Land Acquisition Act. Impressed by Andhra Pradesh chief minister N. Chandrababu Naidu's land pooling scheme for building his dream capital Amravati , the Pune officials are mulling over making it the base of the rehabilitation package for farmers losing plots in Purandar - the proposed international airport site. Those who held land on June 2, 2014 and sold it to the government to carve out the new capital will benefit from the tax waiver. Over 20,000 farmers have given up land under the Land Pooling Policy (LPP) for the development of the new capital city. The exemptions are retrospective and are applicable for transfer of capital assets, both land and buildings. So shouldn’t Delhi be given the same priority? After notification, the land-pooling policy of Delhi was currently languishing due to lack of political will, thereby leading to an in