Dear Patrons,
2019 was an exceptional year in exceptional times. We reached a milestone, the implementation of land pooling policy in Delhi. The new Narendra Modi government has set a fast pace of decision making by establishing an atmosphere of economic expansion and a push towards real estate.
The Union Minister for Housing and Urban Affairs Mr Hardeep Singh Puri launched the online portal facilitating the ambitious Land Pooling Policy in Delhi on 5th Feb 2019. The portal was to remain open for 6 months and all those interested in developing their land under the policy were to register the land details on the portal before 5th Aug 2019. One-month extension for land submission was granted under the policy and the portal closed on 6th Sept 2019.
The portal is the only mechanism that can receive applications from landowners to participate in the land pooling process, verify the parcels, grant approvals and licenses in a timely manner.
Rakshit is proud to announce the submission of land under the land pooling policy in Delhi. The land lies in village Paprawat and is ideally located with outstanding connectivity of two 45 meter roads and one 80 meter expressway abutting the metro corridor. This land registration makes our group one of the biggest developers in village Paprawat.
We would like to thank our employees for their commitment to the company. It is their hard work, alignment behind our strategy and dedication that will see us through the finishing line. We also want to thank you, our members, for your continuing support, your confidence and above all for your trust. Rest assured that our commitment to deliver will continue to fuel the company's success you rightfully expect from us.
With best wishes,
Team Rakshit
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