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Development Authority (DDA) on Friday, 7 September, approved a land pooling policy that will allow the city to get 17 lakh housing units capable of accommodating 76 lakh people, officials said.
The DDA's highest decision-making body approved the policy during a meeting chaired by Lt Governor Anil Baijal at the Raj Niwas in Delhi.
The policy now awaits the nod of the Union Ministry of Housing and Urban Affairs. It covers urbanisable areas of urban extensions at 95 villages in the city.
Under the land pooling policy, agencies will develop infrastructure like roads, schools, hospitals, community centres and stadia on part of the pooled land, and return a portion of the plot to farmers who can later execute housing projects with the help of private builders.