Opportunities under MPD-2021

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Opportunities under MPD-2021

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Opportunities under MPD-2021

  1. 1. 1<br />Opportunities Under <br />Delhi master Plan (MPD 2021)<br />A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009<br />
  2. 2. One Under-rated achievement of the Delhi Master Plan 2021<br />MPD 2021 wins the ISOCARP award 2008 <br />for Urban planning. <br />Citation by ISOCARP on the award to the MPD 2021 team – <br />&quot;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.”<br />Building around our rich heritage, not over it.<br />
  3. 3. What exactly is The mpd 2021 opportunity?<br />HOW MUCH<br />HOW MUCH IS ENOUGH?<br />COSTs & RETURNS<br />ADMINISTRATIVE SUPPORT – HOW MUCH <br />WHERE OPPORTUNITY<br />WHERE IN DELHI?<br />PRODUCT MIX & PROFILE<br />COMPETITIVE SCENARIO - NCR<br />WHY<br />WHY SHOULD I INVEST IN DELHI?<br />WILL IT BE A SUSTAINING OPPORTUNITY?<br />IT TODAY THE RIGHT TIME?<br />WHAT<br />ABOUT DELHI<br />WHAT IS MPD & SIGNIFICANCE<br />SIZE OF OPPORTUNITY<br />
  4. 4. 4<br />Building around our rich heritage, not over it.<br />WHAT<br /><ul><li>Capital of the largest democracy & one of the fastest growing economies.
  5. 5. Proposed driver of economic activity in the country.
  6. 6. Stable political, social and economic eco-system .
  7. 7. Multi-agency investment into Delhi – State, Centre, Private, others.
  8. 8. New policy initiatives to accelerate real estate development (ref. recent notifications on policy guidelines)
  9. 9. Plans to develop into a WORLD CLASS METROPOLIS
  10. 10. Projected investment flow being the highest, amongst the Indian cities.
  11. 11. MPD 2021 – Notified vide S.O.141 dt. 07.Feb’07. Zonal plans likely to be notified soon</li></li></ul><li>DELHI- THE OPPORTUNITY!<br /><ul><li> Population growth forecasted from 138 lakhs to 236 lakhs, by 2021.
  12. 12. Public-private-community participation model of development mooted.
  13. 13. Restructuring of the city based on mass transport – Influence zones planned along major road & MRTS corridors
  14. 14. Removing unnecessary controls like by facilitating:-
  15. 15. Optimum utilization of land.
  16. 16. Enhancement of ground coverage, FAR & height for residential
  17. 17. Prevent growth of slums – dwelling units to be earmarked
  18. 18. Inclusion of new activities like IT, soft industries etc.
  19. 19. Regional & sub-regional frame of NCT of Delhi.
  20. 20. Captive demand of a Million Dwelling Units projected (45,000 families migrate into Delhi every year
  21. 21. Land still available at the CHEAPEST PRICE within the NCR region.</li></li></ul><li>Excerpts from the first 100 day agenda press release by the ministry of Urban development<br />Point # 15 Matters relating to the Delhi Master Plan 2021<br />“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”.<br />Point # 16 Real Estate Regulator for Delhi <br />Real Estate Management (Regulation & Control) Bill for NCT of Delhi will be taken up for decision.<br />Point # 17 Building up 65, 000 houses by the DDA in next four years <br />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. <br /> 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.<br />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<br />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.<br />Guiding principles 4.1 page 03 – Govt. / DDA to act as a facilitator with minimum intervention to facilitate integrated planned development.<br />Page 07 – clause 9.1 – FAR permissible on the gross residential use in the assembled pockets – 200 ( higher than Gurgaon which is @ 175)<br />FAR to be earmarked for the EWS component over & above the FAR of 200: 30 (15%)<br />
  22. 22. DELHI – 1483 sq. kms (approx.)<br />NEW URBANIZABLE <br />AREAS<br />780 sq. kms<br />EXISTING URBANIZED AREAS<br />702 sq. kms<br />www.certesrealty.com<br />
  23. 23. DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH <br /> – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY<br />Sonepat<br />UP<br />HARYANA<br />Bahadurgarh<br />Rohtak<br />MEERUT/<br />HAPUR<br />VAISHALI<br />KAUSHAMBI<br />INDIRAPURAM<br />NOIDA / <br />GR. NOIDA<br />Gurgaon<br />Faridabad<br />Bhiwadi<br />
  24. 24. NEW MAJOR ROADS IN & AROUND DELHI<br />NH 1 to<br />PANIPAT-AMRITSAR<br />KMP expressway<br />Northern periphery expressway<br />100 meter road connecting 4 NHs<br />NH 10 to BAHADURGARH- ROHTAK<br />NH 24 GHAZIABAD-towards UP-eastwards<br />80 meter proposed connecting NH1 – NH8<br />Yamuna expressway Noida – Mathura-Agra<br />Proposed 150 meter road connecting Dwarka – NH8<br />NH 2 to FARIDABAD<br />MATHURA-AGRA<br />NH 8 to GURGAON –JAIPUR- MUMBAI<br />www.certesrealty.com<br />
  25. 25. DID YOU KNOW that Delhi would throw almost 60,000 hectares for development / redevelopment under MPD 2021 ? <br />Where is the opportunity? Where is the land available? <br />Myth – LAND IS A SCARCE COMMODITY !<br />DELHI- THE OPPORTUNITY SIZE!<br />
  26. 26. 11<br />WHY<br /><ul><li>“ PROPERTY IS NEVER SOLD, IT IS ALWAYS BOUGHT”- CAPTIVE DEMAND
  27. 27. CREATE PRODUCTS WHICH SELL, RATHER THAN HUNT FOR BUYERS OF WHAT IS ALREADY MADE
  28. 28. LOWER COST OF LAND
  29. 29. HIGHER FSI
  30. 30. FASTER INVENTORY MOVE-OUT
  31. 31. BETTER RETURNS & PROFITS
  32. 32. ECONOMIC ACTIVITY IN THE NEW ZONES
  33. 33. “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES
  34. 34. IN THE WILDERNESS”</li></li></ul><li>DELHI MASTER PLAN 2021<br />THE <br />FIVE <br />MEGA-CITIES <br />STORY<br />
  35. 35. 5<br />1<br />05 NEW CITIES PROPOSED – MPD 2021<br />SOUTH DELHI<br />3<br />NORTH DELHI<br />WEST & SOUTH WEST DELHI – ZONE L & K<br />2<br />NORTH WEST DELHI – ZONE N<br />4<br />MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED<br />www.certesrealty.com<br />
  36. 36. 05 NEW CITIES & DEVELOPMENT ZONES WITH ABUNDANCE OF LAND<br /><ul><li> INTEGRATED TOWNSHIPS with 15-20% GREEN AREAS IN NEW TOWNSHIPS
  37. 37. 04 NEW UNIVERSITY CAMPUSES – 100 acre already notified for the South Asian University in South Delhi
  38. 38. NEW ISBTs TO CONNECT WITH MRTS & HIGHWAY CORRIDORS
  39. 39. 100 Meter, 80 meter & 60 meter roads planned – Work on the ground already started.
  40. 40. 3 connecting roads with Gurgaon, esp. 150 meter road adjoining the IGI Airport
  41. 41. 200 HECTARES OF INTERNATIONAL SPORTS COMPLEXES
  42. 42. INTEGRATED OFFICE COMPLEX IN EACH ZONE
  43. 43. WALK TO WORK
  44. 44. New Norms for commercial re-development of Industrial areas and development of Hospitality industry</li></li></ul><li>MPD - 2021<br />STRATEGIC LOCATION OF DELHI & THE PROPOSED<br />ECONOMIC CORRIDORS IN HARYANA & NCR<br />
  45. 45. <ul><li> “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES IN THE WILDERNESS”</li></li></ul><li>17<br />WHERE OPPORTUNITY<br />INVEST WHERE?<br /><ul><li>WHERE THERE IS A PENT-UP DEMAND
  46. 46. WHERE LAND IS NOT A SCARCE COMMODITY
  47. 47. WHERE ALREADY URBANIZED & ECONOMIC ACTIVITY CONTINUING & INCREASING PROGRESSIVELY
  48. 48. WHERE THERE IS A WILL & RESOURCES
  49. 49. WHERE YOU BUY @ THE PRICE, WHERE ONE CAN’T GO WRONG</li></li></ul><li>MPD 2021- ZONAL PLANS<br />THE <br />OPPORTUNITY<br />ZONES<br />
  50. 50. ZONE- N<br /><ul><li>NEXT TO ROHINI
  51. 51. NORTH WEST DELHI.
  52. 52. Land prices from 100 to 200 lakhsper acre currently
  53. 53. 100 & 80 meter Expressway connects zone
  54. 54. ECONOMIC ACTIVITY
  55. 55. EXISTING METRO, ROAD, RAIL CONNECT
  56. 56. Demand highest forecasted for finished products.</li></ul>fsi @ <br />below inr 300<br />ROHINI CITY<br />NH-10 ROHTAK ROAD<br />
  57. 57. <ul><li> South West Delhi
  58. 58. High & mid end project developments likely.
  59. 59. Land prices from 2.0 to 4.0 cr per acre currently
  60. 60. Large green belt on the Delhi-Haryana border might encourage farm house projects.
  61. 61. Closest to the Airport
  62. 62. 100 & meter expressways.
  63. 63. Density Sparse.</li></ul>ZONE- L<br />
  64. 64. ZONE- J<br /><ul><li>High end developments proposed.
  65. 65. Land prices from 3 to 20 cr per acre currently
  66. 66. Farm houses might be re-developed into multi dwelling units
  67. 67. Close to Airport, Gurgaon and Central Delhi</li></li></ul><li><ul><li>NEXT TO NH-1
  68. 68. NORTH DELHI.
  69. 69. Land prices from 100 to 200 lakhsper acre currently
  70. 70. 100 meter expressway originate in this zone.
  71. 71. HIGH RISE ZONE
  72. 72. Large residential areas with substantial green cover</li></li></ul><li>Where is the opportunity? Where is the land available? <br />Myth – LAND IS A SCARCE COMMODITY IN DELHI !<br />FACT – LAND IN DELHI IS CHEAPER THAN SURROUNDING CITIES!<br />
  73. 73. THE <br />CONNECTIVITY<br />WITH<br />GURGAON<br />
  74. 74. 80 meter expressway from NH-1<br />100 meter expressway connecting 04 NHs<br />KUNDLI-MANESAR-PALWAL EXPRESSWAY (KMP)<br />60 meter road connecting Delhi - Gurgaon<br />I.M.T,<br />Manesar<br />Proposed 150 meter road connecting Dwarka – NH8 – Manesar with Metro connectivity<br />NH-8 FROM DELHI - JAIPUR<br />
  75. 75. 26<br />HOW MUCH<br /><ul><li> NEW LAND ASSEMBLY POLICY
  76. 76. PPP MODEL – PRIVATE SECTOR INVOLVEMENT
  77. 77. 10 ACRES TO 100 ACRES
  78. 78. REDENSIFICATION OF EXISTING AREAS
  79. 79. HOW MUCH CAN WE CREATE WHERE THERE IS A DEMAND?</li></ul>NOTIFIED “R” ZONE LAND AVAILABLE starting 1.25 cr<br />
  80. 80. Zone p 1<br />Zone P 2<br />Zone n<br />Zone k 2<br />Zone l<br />Zone j<br />Delhi Metro route Map<br />
  81. 81. Our Proposal:<br /><ul><li> 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.
  82. 82. We can source JV / JDA deals, @ the appropriate time.
  83. 83. We also have expertise on the Lal Dora land parcels, and have proposals for Mini projects of Housing & industrial.
  84. 84. We can source approved projects within NCR, specifically under the Delhi & Gurgaon Master plans 2021 for buy-out / JV-JDA.
  85. 85. Advisory on the identification, valuation and transaction.</li></li></ul><li>Consultants & facilitators:<br />CERTES REALTY LIMITED<br />Plot # 678, Udyog Vihar Phase – V<br />Gurgaon – 122 016<br />Site Off:<br />142/278, Main Kanjhawla Road,<br />Kanjhawla,<br />New Delhi-81<br />Ramesh Menon 99100-54949 menon@certesrealty.com<br />Ajay Dabas 98109-50411 ajay@certesrealty.com<br />Sept ’ 2009<br />DISCLAIMER<br />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.<br />

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