Opportunities under MPD-2021

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Slide 1 1 Opportunities Under Delhi master Plan (MPD 2021) A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009 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. One Under-rated achievement of the Delhi Master Plan 2021 MPD 2021 wins the ISOCARP award 2008 for Urban planning. www.delhi-masterplan.com DELHI MASTER PLAN 2021 WHAT HOW MUCH WHERE OPPORTUNITY WHY ABOUT DELHI WHAT IS MPD & SIGNIFICANCE SIZE OF OPPORTUNITY WHY SHOULD I INVEST IN DELHI? WILL IT BE A SUSTAINING OPPORTUNITY? IT TODAY THE RIGHT TIME? WHERE IN DELHI? PRODUCT MIX & PROFILE COMPETITIVE SCENARIO - NCR HOW MUCH IS ENOUGH? COSTs & RETURNS ADMINISTRATIVE SUPPORT – HOW MUCH What exactly is The mpd 2021 opportunity? www.delhi-masterplan.com DELHI MASTER PLAN 2021 4 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) 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 soon WHAT Building around our rich heritage, not over it. DELHI- 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. www.delhi-masterplan.com DELHI MASTER PLAN 2021 5 5 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. 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%) 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 Excerpts from the first 100 day agenda press release by the ministry of Urban development www.delhi-masterplan.com DELHI MASTER PLAN 2021 EXISTING URBANIZED AREAS 702 sq. kms www.certesrealty.com DELHI – 1483 sq. kms (approx.) NEW URBANIZABLE AREAS 780 sq. kms HARYANA UP Sonepat Bahadurgarh Rohtak Gurgaon Faridabad DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY NOIDA / GR. NOIDA MEERUT/ HAPUR VAISHALI KAUSHAMBI INDIRAPURAM Bhiwadi NH 10 to BAHADURGARH- ROHTAK NH 1 to PANIPAT-AMRITSAR NH 24 GHAZIABAD-towards UP-eastwards NH 2 to FARIDABAD MATHURA-AGRA NH 8 to GURGAON –JAIPUR- MUMBAI 80 meter proposed connecting NH1 – NH8 KMP expressway 100 meter road connecting 4 NHs Proposed 150 meter road connecting Dwarka – NH8 NEW MAJOR ROADS IN & AROUND DELHI www.certesrealty.com Northern periphery expressway Yamuna expressway Noida – Mathura-Agra DELHI- THE OPPORTUNITY SIZE! ZONE NAME OF ZONE Area in Ha A Old City 1159 B City Extension (Karol Bagh) 2304 C Civil Lines 3959 D New Delhi 6855 E Trans Yamuna 8797 F South Delhi - 1 11958 G West Delhi - 1 11865 H North West Delhi - 1 5677 J South Delhi - 2 15178 K - 1 West Delhi - 2 5782 K - 2 Dwarka 6408 L West Delhi - 3 22840 M North West Delhi - 2 5073 N North West Delhi - 3 13975 O River Yamuna / River front 8070 P - 1 Narela 9866 P - 2 North Delhi 8534 Where is the opportunity? Where is the land available? DID YOU KNOW that Delhi would throw almost 60,000 hectares for development / redevelopment under MPD 2021 ? Myth – LAND IS A SCARCE COMMODITY ! www.delhi-masterplan.com DELHI MASTER PLAN 2021 11 WHY LOWER COST OF LAND HIGHER FSI FASTER INVENTORY MOVE-OUT BETTER RETURNS & PROFITS “ PROPERTY IS NEVER SOLD, IT IS ALWAYS BOUGHT”- CAPTIVE DEMAND CREATE PRODUCTS WHICH SELL, RATHER THAN HUNT FOR BUYERS OF WHAT IS ALREADY MADE ECONOMIC ACTIVITY IN THE NEW ZONES “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES IN THE WILDERNESS” THE FIVE MEGA-CITIES STORY DELHI MASTER PLAN 2021 www.delhi-masterplan.com DELHI MASTER PLAN 2021 1 NORTH DELHI 2 NORTH WEST DELHI – ZONE N 5 SOUTH DELHI 3 WEST & SOUTH WEST DELHI – ZONE L & K 05 NEW CITIES PROPOSED – MPD 2021 4 www.certesrealty.com MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED www.delhi-masterplan.com DELHI MASTER PLAN 2021 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 INTEGRATED OFFICE COMPLEX IN EACH ZONE WALK TO WORK New Norms for commercial re-development of Industrial areas and development of Hospitality industry www.delhi-masterplan.com DELHI MASTER PLAN 2021 14 STRATEGIC LOCATION OF DELHI & THE PROPOSED ECONOMIC CORRIDORS IN HARYANA & NCR MPD - 2021 www.delhi-masterplan.com DELHI MASTER PLAN 2021 “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES IN THE WILDERNESS” www.delhi-masterplan.com DELHI MASTER PLAN 2021 17 INVEST WHERE? WHERE THERE IS A PENT-UP DEMAND WHERE LAND IS NOT A SCARCE COMMODITY WHERE ALREADY URBANIZED & ECONOMIC ACTIVITY CONTINUING & INCREASING PROGRESSIVELY WHERE THERE IS A WILL & RESOURCES WHERE YOU BUY @ THE PRICE, WHERE ONE CAN’T GO WRONG WHERE OPPORTUNITY THE OPPORTUNITY ZONES MPD 2021- ZONAL PLANS www.delhi-masterplan.com DELHI MASTER PLAN 2021 ROHINI CITY NH-10 ROHTAK ROAD ZONE- N NEXT TO ROHINI NORTH WEST DELHI. Land prices from 100 to 200 lakhs per acre currently 100 & 80 meter Expressway connects zone ECONOMIC ACTIVITY EXISTING METRO, ROAD, RAIL CONNECT Demand highest forecasted for finished products. fsi @ below inr 300 www.delhi-masterplan.com DELHI MASTER PLAN 2021 South West Delhi High & mid end project developments likely. Land prices from 2.0 to 4.0 cr per acre currently Large green belt on the Delhi-Haryana border might encourage farm house projects. Closest to the Airport 100 & meter expressways. Density Sparse. ZONE- L www.delhi-masterplan.com DELHI MASTER PLAN 2021 ZONE- J High end developments proposed. Land prices from 3 to 20 cr per acre currently Farm houses might be re-developed into multi dwelling units Close to Airport, Gurgaon and Central Delhi www.delhi-masterplan.com DELHI MASTER PLAN 2021 NEXT TO NH-1 NORTH DELHI. Land prices from 100 to 200 lakhs per acre currently 100 meter expressway originate in this zone. HIGH RISE ZONE Large residential areas with substantial green cover www.delhi-masterplan.com DELHI MASTER PLAN 2021 22 22 ZONE NAME OF ZONE Area P - 2 North Delhi 8534 N North West Delhi - 3 13975 K - 1 West Delhi - 2 5782 L West Delhi - 3 22840 J South Delhi - 2 15178 Myth – LAND IS A SCARCE COMMODITY IN DELHI ! Where is the opportunity? Where is the land available? FACT – LAND IN DELHI IS CHEAPER THAN SURROUNDING CITIES! www.delhi-masterplan.com DELHI MASTER PLAN 2021 THE CONNECTIVITY WITH GURGAON www.delhi-masterplan.com DELHI MASTER PLAN 2021 NH-8 FROM DELHI - JAIPUR KUNDLI-MANESAR-PALWAL EXPRESSWAY (KMP) 100 meter expressway connecting 04 NHs 80 meter expressway from NH-1 60 meter road connecting Delhi - Gurgaon I.M.T, Manesar Proposed 150 meter road connecting Dwarka – NH8 – Manesar with Metro connectivity www.delhi-masterplan.com DELHI MASTER PLAN 2021 26 NEW LAND ASSEMBLY POLICY PPP MODEL – PRIVATE SECTOR INVOLVEMENT 10 ACRES TO 100 ACRES REDENSIFICATION OF EXISTING AREAS HOW MUCH CAN WE CREATE WHERE THERE IS A DEMAND? HOW MUCH NOTIFIED “R” ZONE LAND AVAILABLE starting 1.25 cr Delhi Metro route Map Zone n Zone l Zone j Zone p 1 Zone P 2 Zone k 2 www.delhi-masterplan.com DELHI MASTER PLAN 2021 Our Proposal: 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. www.delhi-masterplan.com DELHI MASTER PLAN 2021 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. 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 [email protected] Ajay Dabas 98109-50411 [email protected] Sept ’ 2009 www.delhi-masterplan.com DELHI MASTER PLAN 2021 29 29
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