What is LDRP and how will it change the concept of farmhouses in Delhi?
The DDA has reduced the minimum plot area for farm houses from 2.5 acres to 1 acre. There are some other substantial changes in the new LDRP policy as well.
An overview of the evolution of farmhouse in Delhi
The concept of farmhouse had started in the 60s. Since the numbers of farmhouses were very few in numbers then, there was no need of formulating any guideline regarding setting up of farmhouses. However, the scenario changed from the late 70s and 80s when businessmen began seeing high returns from investment in land, especially the building of farmhouses. Slowly, with the passage of time, a new trend began which saw most high-class people building farmhouses and using them as their first home. This trend resulted in a rise in the prices of land from lakhs to crores.
Rich people were highly fascinated by this concept of farmhouses and hence started preferring them over standard and conventional homes. Earlier only 100 sq. meters was allowed and no more than 1 acre plots to be used. Many farm house lovers were unsatisfied with this rule. The buildup areas began increasing and at present it is 5000 to 30000 sq. ft. However, the government has taken an effective step by reviving the farmhouse policy.
The new DDA LDRA Policy
With the new policy, the term farm house has been changed to low-density residential plots (LDRP). As per the new rules the minimum plot area is reduced to 1 acre, and the existing farmhouses in Delhi NCR would be regularized. The new LDRP are to be allowed only in specific villages which are under the green belt. The new policy will also help common people to buy legal and affordable farmhouses.
Some other changes made in the new policy are an increase in the maximum floor area from 100 sq. ft to 150 sq. ft. However, the maximum height of 6m is kept the same. A total of 23 villages has been termed as Low-Density Residential Area. There are eight green belt zones, and every zone has at least one of the 23 villages. This plan is a very promising one and can be termed as the biggest investment opportunity for the upcoming years in India. With an enhanced vision, the 1 acre farmhouse rule serves as a new start towards the country’s development.