LDA Land Pooling Scheme Benefits,Process

Описание: #lda #land #pooling #schemesofthegovernment #plot #property #lda
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The Lucknow Development Authority (LDA)'s land pooling scheme is a voluntary, non-adversarial mechanism designed for projects like the 2,858-acre IT City and Wellness City, where landowners surrender land in exchange for 25% of the area back as developed residential plots or 50% as undeveloped plots, ensuring significantly higher returns compared to traditional compensation.
Key Details of the LDA Land Pooling Scheme:
Benefits for Landowners: Instead of cash, participants receive a portion of their land back as developed plots, which can offer over 10-fold returns due to the increase in value from, for example, ₹8 lakh per bigha to potentially over ₹1 crore in value.
Project Locations: The scheme is actively applied to major developments, including the IT City/Wellness City along Sultanpur Road and Kisan Path.
Process: Landowners sign consent forms and register agreements with the LDA. The process aims to eliminate disputes often associated with forced land acquisition.
Development Plan: The pooled land is used for developing infrastructure, including residential plots, commercial spaces, and green belts.
This policy allows the LDA to rapidly acquire land for, among other initiatives, the 10,000-plot IT City project, which is designed to be a self-sufficient township with "walk to work" facilities.
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Disclaimer - The information provided in this video is for general purposes only and should
not be considered as professional advice. This video is only for sharing information about
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