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September 15, 2017
Please find below points jotted down from updates provided by DDA on Land Pooling Policy on 08 Sep 2017:
Govt of NCT of Delhi vide notification no. F.1135/Regn.Br./Land Pool/HQ/2014/6654 dated 13/1/2015 has exempted stamp duty for first transfer/surrender of land, i.e., the land transfer by the Society to DDA.
Further, exemption of stamp duty on second transfer has been rejected with the approval of Honb’le Lt. Governor of Delhi as the DDA will transfer a part of the land to the owners after developing the land and changing of its land use.
DDA has prepared seamless revenue maps of villages falling under Land Pooling in Zone N & P-II on GIS platform and have sent to revenue department for authentication.
Base maps for authentication for other zones are under preparation.
We are expecting the work to get completed in next few months, after which DDA will start collecting Land papers from us. We are planning to expand our land share before the commencement of the same, so as to meet DDA’s pre-requisite, and will be rolling out new membership plan after shradhs for the same.
MOST DISCUSSED
Analysts are wondering if the development in Delhi will push property prices down in Gurgaon and Noida.
Will new PPP model prove to be a boon for the aging society flats in Delhi?
HIGHLIGHTS
Augment Housing Supply
Quality life for all
Reduce commuting time
Increase Parking Space
Improve distribution & mgmt
Manage Solid Waste
More space per family
Concrete measures to tackle issues
FAR to be increased
Govt. norms eased
BANK DETAILS
Account Name
: Aashiyana Housing Welfare Society
Account No.
: 105011021210
Bank
: Dena Bank
Branch
: Patparganj, Delhi
IFSC Code
: BKDN0711280
Account Type
: Current
Land Registration cost will be charged as applicable.
Late Payment charges will be levied by interest at the rate of 18% p.a. (per Society's Act)
Receipts towards payment would be issued only after realization of the cheques.
Also, as was communicated earlier, membership will be allocated only after payment of complete land cost.