This policy will enable urban development in a speedy way where the role of the Delhi Development Authority (DDA) will be that of a facilitator, the housing authority said.
The details of the policy can be viewed on DDA's official website.
The Master Plan of Delhi 2021 envisages development of about 24,000 hectares of land for accommodating additional 48 lakh population in the national capital by the year 2021.
The policy has been notified by the Union government on September 5 last year, and will be applicable in the areas of South West and North West of the Delhi government.
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"This policy has been evolved based on the principles of the equality and involvement of the participants in urban development even if their land is falling in the green or road infrastructure or other areas where this land policy shall be applicable," it said.
This land policy is outcome of the planning efforts in the last 10 years which empowered the public for their participation in the city development process, it said.