Land Pooling Policy approved by Haryana Government

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CHANDIGARH: According to an official statement, the Haryana government on Friday approved the land pooling policy, a strategy to make the landbank available for significant urbanisation and industrialization reasons. Landowners would participate as partners in the development process under the Haryana Land Pooling Policy-2022, according to the release.

The policy specified a schedule that must be followed at different points in order to safeguard the interests of landowners and accomplish the goal of land development in a timely way.

The policy’s goal is to accomplish planned development through the voluntary participation of property owners interested in becoming partners in the development process. The 1963 Haryana Scheduled Roads and Controlled Areas Restriction of Unregulated Development Act has to be followed, it added. This policy gives the state’s urban development agency, Haryana Shehri Vikas Pradhikaran, the right to create infrastructure, residential, commercial, and institutional projects in urbanizable region.

In addition, the Haryana State Industrial and Infrastructure Development Corporation Limited would be tasked with building infrastructure for industrial, institutional, or other uses anywhere in the state. The rules will apply to both the land-offering citizen and the aggregator, who combines land with multiple owners for a specific development goal. Owners will receive land entitlement certificates from the development organisation, which can be exchanged or mortgaged. The landowner may submit his application expressing interest in offering land within the time frame specified in the publication, which shall not be less than 60 days, and which may be extended by the development organisation for an additional time frame not to exceed 30 days, either directly or through an aggregator.

The message specified that there will be no application fee. According to the statement, the allocation of developed land to landowners will be based on the market value of undeveloped land that they have contributed to the project’s overall cost for the development organisation. It further stated that a yearly interim financial support would be provided to the landowner and would be paid for as part of the project’s overall cost.