Presentation_-_L_Zone
- 3. 3www.visavagroup.com Delhi Master Plan 2021 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.
- 4. What exactly is The MPD 2021 opportunity? www.visavagroup.com 4 How Much Where Why What 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
- 5. Building around our rich heritage, not over it. www.visavagroup.com 5 •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
- 6. 6www.visavagroup.com Delhi Master Plan 2021 • 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.
- 7. 7www.visavagroup.com Delhi Master Plan 2021 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
- 8. www.visavagroup.com 8 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 ? Delhi Master Plan 2021
- 9. www.visavagroup.com 9 •“ PROPERTY IS NEVER SOLD, IT IS ALWAYS BOUGHT”- CAPTIVE DEMAND •CREATE PRODUCTS WHICH SELL, RATHER THAN HUNT FOR BUYERS OF WHAT IS ALREADY MADEStable political, social and economic eco-system . • LOWER COST OF LAND •HIGHER FSI •FASTER INVENTORY MOVE-OUT •BETTER RETURNS & PROFITS •ECONOMIC ACTIVITY IN THE NEW ZONES •LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES •IN THE WILDERNESS”
- 10. Delhi Master Plan 2021 www.visavagroup.com 10
- 11. Delhi Master Plan 2021 www.visavagroup.com 11 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 MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED
- 12. Delhi Master Plan 2021 www.visavagroup.com 12
- 13. Delhi Master Plan 2021 www.visavagroup.com 13 • “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES IN THE WILDERNESS”
- 14. www.visavagroup.com 14 •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
- 15. Delhi Master Plan 2021 www.visavagroup.com 15
- 16. HARYANA UP Sonepat BahadurgarhRohtak Gurgaon Faridabad DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY NOIDA / GR. NOIDA MEERUT/ HAPUR VAISHALI KAUSHAMBI INDIRAPURAM Bhiwadi
- 19. Delhi Master Plan 2021 www.visavagroup.com 19
- 23. www.visavagroup.com 23 • 1ST PHASE OF URBAN WALK OVER 5 ACRES •TOTAL 200 NOS. OF 2 BHK, 3BHK AND 4 BHK FLATS •ALL MODERN AMENITIES LIKE CLUBHOUSE , TENNIS COURT, SWIMMING POOL • MODERN FITTINGS AND FURNITURES LIKE MODULAR KITCHEN, CHIMNEY , TIED / VITRIFIED FLOORING ETC • QUALITY CONSTRUCTION , TRUSTED BUILDERS, LIFELONG RELATIONSHIP
- 24. www.delhi-masterplan.com DELHI MASTER PLAN 2021 • The directors have a 25 year history in construction and developing real estate in Delhi – NCR • Family history of more than 20 years of civil construction and contracting experience . • Launched two residential housing projects in Neemrana and Delhi L Zone. • Projects in Delhi and other parts of NCR are in the pipeline