Question

Consider the following about Land Pooling
1. Joint ownership of land
2. Owners reap benefit of economic development
3. Government does not have to pay huge compensation for land acquisition

Which of the above statements are correct

• A. 1 only
• B. 2 only
• C. 1 and 3
• D. 1,2 and 3

Answer 1

The correct option is D 1,2 and 3

The idea behind land pooling is to aggregate small land pieces into a large parcel, develop necessary infrastructure such as water supply, sewage system and drainage, make provision for larger social and other infrastructure, including metros and main roads, and return the developed land to owners or developers.Hence, it is a concept where small chunks of land are owned by a group of owners who assemble for the development of infrastructure.

After the development of the land, the Land Pooling agency redistributes the land after deducting some portion as compensation towards infrastructure costs.