1 Opportunities Under Delhi master Plan (MPD 2021) A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009
One Under-rated achievement of the Delhi Master Plan 2021 MPD 2021 wins the ISOCARP award 2008 for Urban planning. Citation by ISOCARP on the award to the MPD 2021 team – "For the capacity to articulate a holistic planning at one of the most complex metropolitan areas of the world, and facing key changes that are in common in many other megalopolises of the planet: from shelter to trade and commerce, from industry to environment, from conservation of built heritage to urban design and from development code to plan monitoring.” Building around our rich heritage, not over it.
What exactly is The mpd 2021 opportunity? HOW MUCH HOW MUCH IS ENOUGH? COSTs & RETURNS ADMINISTRATIVE SUPPORT – HOW MUCH WHERE OPPORTUNITY WHERE IN DELHI? PRODUCT MIX & PROFILE COMPETITIVE SCENARIO - NCR WHY WHY SHOULD I INVEST IN DELHI? WILL IT BE A SUSTAINING OPPORTUNITY? IT TODAY THE RIGHT TIME? WHAT ABOUT DELHI WHAT IS MPD & SIGNIFICANCE SIZE OF OPPORTUNITY
4 Building around our rich heritage, not over it. WHAT
Capital of the largest democracy & one of the fastest growing economies.
Proposed driver of economic activity in the country.
Stable political, social and economic eco-system .
Multi-agency investment into Delhi – State, Centre, Private, others.
New policy initiatives to accelerate real estate development (ref. recent notifications on policy guidelines)
Enhancement of ground coverage, FAR & height for residential
Prevent growth of slums – dwelling units to be earmarked
Inclusion of new activities like IT, soft industries etc.
Regional & sub-regional frame of NCT of Delhi.
Captive demand of a Million Dwelling Units projected (45,000 families migrate into Delhi every year
Land still available at the CHEAPEST PRICE within the NCR region.
Excerpts from the first 100 day agenda press release by the ministry of Urban development Point # 15 Matters relating to the Delhi Master Plan 2021 “The Delhi Master Plan 2021 envisages involvement of private sector in the development of land and provision of infrastructure services as an improvement over the current scheme of large-scale development and acquisition of land entrusted to the Delhi Development Agency (DDA). Focused efforts will be made to finalize the policy. Every effort will be made to finalize the Zonal Development Plans of Delhi”. Point # 16 Real Estate Regulator for Delhi Real Estate Management (Regulation & Control) Bill for NCT of Delhi will be taken up for decision. Point # 17 Building up 65, 000 houses by the DDA in next four years In order to meet acute shortage of houses for urban poor, economically weaker sections and lower income groups of city of Delhi, construction of about 40,000 houses will be taken up. Tender documents for construction of such houses have already been made ready with fast mode of construction adopting pre-fabricated technology. Apart from the above, about 15, 000 houses will be completed (ongoing projects) in various phases. These houses will be constructed on conventional technology and these will be available from the year 2009 to 2011. draft policy of “land assembly......” vide order No.F.3 (53) 2003/MP and published on the DDA website vide letter no. CEO/EL.G/102 (14) / 2009 date 11.04.09 MPD 2021 acknowledges that with the necessity for creation of infrastructure to support growth of the city at this scale, the present policy of large scale development and acquisition and its relevance in the present context needs a thorough relook. Also to involve the private sector in the assembly and development of land and provisions of infrastructure services. It is necessary to review and reconsider the current scheme of large scale land acquisition, development and disposal by DDA. Guiding principles 4.1 page 03 – Govt. / DDA to act as a facilitator with minimum intervention to facilitate integrated planned development. Page 07 – clause 9.1 – FAR permissible on the gross residential use in the assembled pockets – 200 ( higher than Gurgaon which is @ 175) FAR to be earmarked for the EWS component over & above the FAR of 200: 30 (15%)
DELHI – 1483 sq. kms (approx.) NEW URBANIZABLE AREAS 780 sq. kms EXISTING URBANIZED AREAS 702 sq. kms www.certesrealty.com
DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY Sonepat UP HARYANA Bahadurgarh Rohtak MEERUT/ HAPUR VAISHALI KAUSHAMBI INDIRAPURAM NOIDA / GR. NOIDA Gurgaon Faridabad Bhiwadi
NEW MAJOR ROADS IN & AROUND DELHI NH 1 to PANIPAT-AMRITSAR KMP expressway Northern periphery expressway 100 meter road connecting 4 NHs NH 10 to BAHADURGARH- ROHTAK NH 24 GHAZIABAD-towards UP-eastwards 80 meter proposed connecting NH1 – NH8 Yamuna expressway Noida – Mathura-Agra Proposed 150 meter road connecting Dwarka – NH8 NH 2 to FARIDABAD MATHURA-AGRA NH 8 to GURGAON –JAIPUR- MUMBAI www.certesrealty.com
DID YOU KNOW that Delhi would throw almost 60,000 hectares for development / redevelopment under MPD 2021 ? Where is the opportunity? Where is the land available? Myth – LAND IS A SCARCE COMMODITY ! DELHI- THE OPPORTUNITY SIZE!
5 1 05 NEW CITIES PROPOSED – MPD 2021 SOUTH DELHI 3 NORTH DELHI WEST & SOUTH WEST DELHI – ZONE L & K 2 NORTH WEST DELHI – ZONE N 4 MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED www.certesrealty.com
05 NEW CITIES & DEVELOPMENT ZONES WITH ABUNDANCE OF LAND
INTEGRATED TOWNSHIPS with 15-20% GREEN AREAS IN NEW TOWNSHIPS
04 NEW UNIVERSITY CAMPUSES – 100 acre already notified for the South Asian University in South Delhi
NEW ISBTs TO CONNECT WITH MRTS & HIGHWAY CORRIDORS
100 Meter, 80 meter & 60 meter roads planned – Work on the ground already started.
3 connecting roads with Gurgaon, esp. 150 meter road adjoining the IGI Airport
200 HECTARES OF INTERNATIONAL SPORTS COMPLEXES
At Certes, we have the Ground level expertise to consolidate land parcels ranging from 5 acres to 100 acres under the above mentioned three zones.
We can source JV / JDA deals, @ the appropriate time.
We also have expertise on the Lal Dora land parcels, and have proposals for Mini projects of Housing & industrial.
We can source approved projects within NCR, specifically under the Delhi & Gurgaon Master plans 2021 for buy-out / JV-JDA.
Advisory on the identification, valuation and transaction.
Consultants & facilitators: CERTES REALTY LIMITED Plot # 678, Udyog Vihar Phase – V Gurgaon – 122 016 Site Off: 142/278, Main Kanjhawla Road, Kanjhawla, New Delhi-81 Ramesh Menon 99100-54949 firstname.lastname@example.org Ajay Dabas 98109-50411 email@example.com Sept ’ 2009 DISCLAIMER This presentation has been prepared on behalf of Certes Realty Ltd solely for information purposes. It is not an investment advice or an offer or solicitation for the purchase or sale of any financial instrument. While reasonable care has been taken to ensure that the information contained herein is not untrue or misleading at the date of the presentation, certes makes no representation that it is accurate or complete. The information contained herein is subject to change without notice. Neither Certes nor any of its officers or employees accepts any liability for any direct or consequential loss arising from any use of this presentation or its contents. Copyright and database rights protection exist in this presentation and it may not be reproduced, distributed or published by any person for any purpose without the prior expressed consent of Certes realty Ltd. All rights are reserved.