Housing supply is expected to increase in Delhi due to the current land pooling policy. According to the property consultants and developers, Delhi’s Land Pooling Policy will release around 20,000 to 25,000 hectares of land which can be utilized for development. The Urban Development Ministry has recently given its approval for Delhi’s land pooling policy.According to the sources, real estate development is likely to increase and the shortage of affordable housing might get resolved to some extent in the national capital.The President of CREDAI-NCR, an apex body for real estate sector also said that the approval will bring new opportunities in the property market.The development will bring new residential options with affordable price tags. With potential boost in residential sector, the new land pooling policy will also extensively lead to infrastructure development in outskirts and peripheral regions of Delhi. The new land pooling policy will allow the land-owners to acquire the land by Delhi Development Authority for development.According to the renowned property consultant, JLL, the main intention of the policy is to allow the private sector to participate in land pooling for development whereas the Delhi Development Authority is expected to act as the catalyst.The prime city is facing shortage of housing thus the new land pooling policy will help to solve most of the residential needs of the citizens.займ на карту без отказов круглосуточновзять кредит онлайн