1Opportunities Under Delhi master Plan (MPD 2021)A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009
One Under-rated achievement of the Delhi Master Plan 2021MPD 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 MUCHHOW MUCH IS ENOUGH?COSTs & RETURNSADMINISTRATIVE SUPPORT – HOW MUCH WHERE OPPORTUNITYWHERE IN DELHI?PRODUCT MIX & PROFILECOMPETITIVE SCENARIO - NCRWHYWHY SHOULD I INVEST IN DELHI?WILL IT BE A SUSTAINING OPPORTUNITY?IT TODAY THE RIGHT TIME?WHATABOUT  DELHIWHAT IS MPD & SIGNIFICANCESIZE OF OPPORTUNITY
4Building around our rich heritage, not over it.WHATCapital 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)
Plans to develop into a WORLD CLASS METROPOLIS
Projected investment flow being the highest, amongst the Indian cities.
 MPD 2021 – Notified vide S.O.141 dt. 07.Feb’07. Zonal plans likely to be notified soonDELHI- THE OPPORTUNITY! Population growth forecasted from 138 lakhs to 236 lakhs, by 2021.
  Public-private-community participation model of development mooted.
  Restructuring of the city based on mass transport – Influence zones planned along major  road & MRTS corridors
  Removing unnecessary controls like  by facilitating:-
	Optimum utilization of land.
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 developmentPoint # 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 11.04.09MPD 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 AREAS780 sq. kmsEXISTING URBANIZED AREAS702 sq. kmswww.certesrealty.com
DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH  – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITYSonepatUPHARYANABahadurgarhRohtakMEERUT/HAPURVAISHALIKAUSHAMBIINDIRAPURAMNOIDA / GR. NOIDAGurgaonFaridabadBhiwadi
NEW  MAJOR ROADS  IN & AROUND DELHINH 1 toPANIPAT-AMRITSARKMP expresswayNorthern periphery expressway100 meter road connecting 4 NHsNH 10 to BAHADURGARH- ROHTAKNH 24 GHAZIABAD-towards UP-eastwards80 meter proposed connecting NH1 – NH8Yamuna expressway  Noida – Mathura-AgraProposed 150 meter road  connecting Dwarka – NH8NH 2 to FARIDABADMATHURA-AGRANH 8 to GURGAON –JAIPUR- MUMBAIwww.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!
11WHY“ PROPERTY IS NEVER SOLD, IT IS ALWAYS BOUGHT”- CAPTIVE DEMAND
 CREATE PRODUCTS WHICH SELL, RATHER THAN HUNT FOR BUYERS OF WHAT IS ALREADY MADE
 LOWER COST OF LAND
HIGHER FSI

Opportunities under MPD-2021

  • 1.
    1Opportunities Under Delhimaster Plan (MPD 2021)A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009
  • 2.
    One Under-rated achievementof the Delhi Master Plan 2021MPD 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.
  • 3.
    What exactly isThe mpd 2021 opportunity?HOW MUCHHOW MUCH IS ENOUGH?COSTs & RETURNSADMINISTRATIVE SUPPORT – HOW MUCH WHERE OPPORTUNITYWHERE IN DELHI?PRODUCT MIX & PROFILECOMPETITIVE SCENARIO - NCRWHYWHY SHOULD I INVEST IN DELHI?WILL IT BE A SUSTAINING OPPORTUNITY?IT TODAY THE RIGHT TIME?WHATABOUT DELHIWHAT IS MPD & SIGNIFICANCESIZE OF OPPORTUNITY
  • 4.
    4Building around ourrich heritage, not over it.WHATCapital of the largest democracy & one of the fastest growing economies.
  • 5.
    Proposed driver ofeconomic activity in the country.
  • 6.
    Stable political, socialand economic eco-system .
  • 7.
    Multi-agency investmentinto Delhi – State, Centre, Private, others.
  • 8.
    New policyinitiatives to accelerate real estate development (ref. recent notifications on policy guidelines)
  • 9.
    Plans to developinto a WORLD CLASS METROPOLIS
  • 10.
    Projected investment flowbeing the highest, amongst the Indian cities.
  • 11.
    MPD 2021– Notified vide S.O.141 dt. 07.Feb’07. Zonal plans likely to be notified soonDELHI- THE OPPORTUNITY! Population growth forecasted from 138 lakhs to 236 lakhs, by 2021.
  • 12.
    Public-private-communityparticipation model of development mooted.
  • 13.
    Restructuringof the city based on mass transport – Influence zones planned along major road & MRTS corridors
  • 14.
    Removingunnecessary controls like by facilitating:-
  • 15.
  • 16.
    Enhancement of groundcoverage, FAR & height for residential
  • 17.
    Prevent growth of slums – dwelling units to be earmarked
  • 18.
    Inclusion of newactivities like IT, soft industries etc.
  • 19.
    Regional & sub-regionalframe of NCT of Delhi.
  • 20.
    Captive demand ofa Million Dwelling Units projected (45,000 families migrate into Delhi every year
  • 21.
    Land still availableat the CHEAPEST PRICE within the NCR region.Excerpts from the first 100 day agenda press release by the ministry of Urban developmentPoint # 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 11.04.09MPD 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%)
  • 22.
    DELHI – 1483sq. kms (approx.)NEW URBANIZABLE AREAS780 sq. kmsEXISTING URBANIZED AREAS702 sq. kmswww.certesrealty.com
  • 23.
    DELHI – SURROUNDEDBY HARYANA & UTTAR PRADESH – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITYSonepatUPHARYANABahadurgarhRohtakMEERUT/HAPURVAISHALIKAUSHAMBIINDIRAPURAMNOIDA / GR. NOIDAGurgaonFaridabadBhiwadi
  • 24.
    NEW MAJORROADS IN & AROUND DELHINH 1 toPANIPAT-AMRITSARKMP expresswayNorthern periphery expressway100 meter road connecting 4 NHsNH 10 to BAHADURGARH- ROHTAKNH 24 GHAZIABAD-towards UP-eastwards80 meter proposed connecting NH1 – NH8Yamuna expressway Noida – Mathura-AgraProposed 150 meter road connecting Dwarka – NH8NH 2 to FARIDABADMATHURA-AGRANH 8 to GURGAON –JAIPUR- MUMBAIwww.certesrealty.com
  • 25.
    DID YOU KNOWthat 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!
  • 26.
    11WHY“ PROPERTY ISNEVER SOLD, IT IS ALWAYS BOUGHT”- CAPTIVE DEMAND
  • 27.
    CREATE PRODUCTSWHICH SELL, RATHER THAN HUNT FOR BUYERS OF WHAT IS ALREADY MADE
  • 28.
    LOWER COSTOF LAND
  • 29.