HIGHWAY TO THE LAND OF OPPORTUNITIES DO YOU WANT TO MISS IT?

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Ross Patterson
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1 HIGHWAY TO THE LAND OF OPPORTUNITIES DO YOU WANT TO MISS IT?

1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2001 2011 2021 Need For Delhi Master Plan - 2021 Growth of Population in Delhi 25000000 Census Population( In Crs) 1901 0.

2 Need For Delhi Master Plan Growth of Population in Delhi Census Population( In Crs) Census Population 2

3 Need For Delhi Master Plan Delhi s population is estimated to touch 2.4 cr(approx. the current population of Australia) by 2021 from 1.78 cr in 2014.(Approx. 4 Times the population of New Zealand) Lakh additional dwelling units will be required to accommodate such a population. 3. Approx. 2.5 lakhs people permanently settles in Delhi every year from other states. 4. Land development and disposal in Delhi is the responsibility of the Delhi Development Authority, constituted under DDA Act The Land & Building Department of the Delhi Government acquires land for DDA. Law and Order, Police and Land In Delhi continues to be controlled by the Central Govt. Of India. 3

4 Need For Delhi Master Plan DDA then undertakes the process of development for various purposes including housing. In addition, DDA also disposes off land to private developers and cooperative group housing society for the purpose of housing. 7. Over the years it has been observed that DDA has not been able to fulfill the demand for land of the capital, leading to formation of unauthorized colonies. Also, DDA has not been able to fulfill its housing targets. 8. It was therefore necessary to look at the major problems and suggest alternative solutions. All the reasons mentioned above brings forth the need of Master Plan Delhi

5 Need For Delhi Master Plan

6 Issues With Earlier Land Acquisition Policies 1. Dissatisfaction of the landowners with the compensation package leading to disputes and litigations thus slowing down the process of land acquisition. 2. Delays in alternate allotment leading to further increases in cost. 3. Enhancement in compensation awarded by the court implying additional resources and extra administrative work. 4. Pockets and plots of land that remain under litigation for a long time and hence left vacant have been encroached upon by unauthorized colonies. 6

7 Issues With Earlier Land Acquisition Policies 5. The present urban land policy is not in consonance with the Master Plan proposals both in terms of phases of development and in land use. 6. All the above have resulted in public supply of land falling short of demand and physical targets not being met. 7. Thus, the need of the hour is an alternate land development model that is simple to operate and attractive to the landowner and which can quicken the process of land assembly. 7

8 Highlights Of Land Pooling Policy The basic concept of Town Planning Schemes is pooling together all the land under different ownerships and redistributing it in a properly reconstituted form after deducting the land required for open spaces, social infrastructures, services, housing for the economically weaker section, and road network. 2. The new Land Policy is based on the concept of Land Pooling whereas the land parcels owned by individuals or group of owners are legally consolidated by transfer of Ownership rights to the designated Land Pooling Agency, which later transfers the ownership of the part of land back to the land owners for undertaking of development for such areas. 3. A land owner or a group of land owners or a Developer ( the Developer shall be called the Developer Entity or DE ) shall be permitted to pool land for the aforesaid purpose. 8

9 Highlights Of Land Pooling Policy This process enables the local authority to develop land without fully acquiring it and gives it a positive control over the design and the timing of the urban growth. 5. This method is being extensively practiced in Gujarat and Maharashtra, selectively in Kerala and occasionally in Andhra Pradesh and Tamil Nadu. 6. To achieve the ultimate objectives of the Development Plan, Town Planning Schemes are prepared for smaller areas of about 100 hectares. 9

10 Highlights Of Land Pooling Policy Since the reconstituted plot has better accessibility and good potential for development, its value gets enhanced. Part of such increment in land value is contributed for the cost of development work in the scheme. The landowners get the net amount of increment value of the plot worked out after deducting the amount of compensation payable for the loss in area. 8. The Designated Land Pooling Agency ( DDA/Govt. in this case) has declared areas under land pooling and has prepared Layout Plans and Sector Plans. 10

11 Norms For Land Pooling For assembly of Land Pooling, the following model has been proposed under the Land pooling policy notified vide S.O # 2687 (E) dated 05 th September CATEGORY 1 20 Ha & above CATEGORY II 2 Ha to < 20 Ha Land returned to DE 60% Land retained by DDA 40% Land returned to DE 48% Land retained by DDA 52% 11

12 Master Plan For Delhi

13 Zone-J (South Delhi), Zone K-I (Part of Dwarka), Zone-L (Next to Airport & Dwarka), Zone N(Next to Rohini) & Zone P-II(Next to Narela & Bawana) Total Hectares for Residential Zone Land Use Zone - J Zone K I Zone - L Zone - N Zone PII Total Residential 4547 Ha 3464 Ha 5344 Ha 4704 Ha 3293 Ha Ha Commercial 413 Ha 290 Ha 600 Ha Ha Ha Ha Industrial NIL Ha 641 Ha Ha Ha Ha Govt. Off 165 Ha 68.5 Ha 658 Ha Nil 40 Ha Ha PSP 827 Ha 456 Ha 1800 Ha Ha 598 Ha Ha Recreation 1239 Ha Ha 1509 Ha Ha 807 Ha 6194 Ha Utility 165 Ha 103 Ha 129 Ha Nil 266 Ha 663 Ha Transport 912 Ha 733 Ha 930 Ha Ha 751 Ha 4300 Ha Peripheral Green 6910 Ha 280 Ha (Drains) Ha 4305 Ha 1924 Ha Ha 13

Master Road Network In And Around Delhi KMP expressway NH10 Bahadurg arh to Rohtak Delhi s State Boundary 80 meter proposed connectin g NH1 NH8.

14 Master Road Network In And Around Delhi KMP expressway NH10 Bahadurg arh to Rohtak Delhi s State Boundary 80 meter proposed connectin g NH1 NH8. UER III NH 1 to PANIPAT- AMRITSAR C P 100 meter road connecting 4 NHs which is NH1, NH2, N H8 and NH10. UER II NH 24 GHAZIABADtowards UPeastwards Proposed 150 meter road connecting Dwarka NH8 Dwarka- Expressway NH8 Delhi - Mumbai NH 2 to FARIDABAD MATHURA-AGRA 14

15 15

16 L Zone - Map 16

17 L Zone Future Of Real Estate 1. Zone L has the biggest land area and is the greenest of all as nearly 2/3rd of Land area has been earmarked for Green belt & one acre farm houses /Country Homes and the rest of the area will have residential, commercial, retail, public utilities and Industrial park. 2. Metro will join L Zone to Dwarka. One is Najafgarh-Dwarka metro line and the other one is Bahadurgarh-Mundka Metro line.(both under construction and slated to start in 2015) 3. KMP(Kundli-Manesar-Palwal)Highway passing closely through L Zone. 4. UER II (Those travelling through NH1 and Wazirabad Bypass(GT Karnal Road), Rohini and adjoining area will be able to connect from NH-1, to NH-10( To Rohtak), to Nazafgarh to NH-8 and Rajokri( Near Airport), without the need to travel through the congested roads of the national capital. It will have a total length of km and width of 100 meters. 17

18 L Zone Future Of Real Estate 5. MDR 123 & MDR-136 (Major District Roads) fall in L-Zone. L-Zone is closest to south west corner of Delhi and hence is closest to South Delhi. This zone is closest to IGI Airport and adjacent to Diplomatic Enclave-II 6. Dwarka City is within 2-3 Kms from this Zone. 7. The Proposed connectivity of the Zone with Gurgaon (through 150 Northern Peripheral Road) and with Delhi(through NH-8 and Bijwasan Road) make it well connected to South Delhi and Gurgaon. 8. Largest Ayurvedic Hospital Operational in this Zone. 9. AIIMS 2 Construction work already started in 270 acres in Village Badsha, Distt, Jhajjar. This area is close to L Zone. 18

19 L Zone Future Of Real Estate 10. The government has approved Rs 2,036 crore for setting up the National Cancer Institute in Jhajjar, Haryana, which will be run by AIIMS. The new centre will have 710 beds and it would be one of the biggest health projects in India since independence. 11. DSIIDC is developing a acres Knowledge based Industry park at Baprola at a cost of Rs Crores which would create a direct employment for people. 12. Two SEZ s out of which one is Gems and Jewellery and the second one is IT is coming in this Zone. 13. DDA is developing a 18 hole golf course in Dwarka and this is very near to L Zone ( 5 7 kms). 14. Diplomatic Enclave II is coming up adjacent to this Zone which has been a multiplier factor for Dwarka Expressway as well. 15. Panasonic, Denso and Honda Scooters are already operational in Jhajhar that is very near to L Zone. 19

20 Metro Line 20

Distance Chart from L-Zone Diplomatic Enclave 2 1-2 kms Metro <-> 1-2 KMS NDLS Railway Stn- 25-30 KMS

21 Distance Chart from L-Zone Diplomatic Enclave kms Metro <-> 1-2 KMS NDLS Railway Stn KMS AIIMS 2 <-> 4-5 KMS L- Zone Connaught Place KMS Airport KMS Gurgaon<-> 3-4 KMS Dwarka 2-3 MS 21

22 Residential Realty Prices Near - L-Zone Dwarka Expressway Gurgaon Rs PSQFT Dwarka Sub-City Rs PSQFT South Delhi Rs PSQFT 22

23 Price Comparison Chart 1 Land Cost Per Sq Ft Om Sai Basera welfare society Seven color society Regalia 1350 Regalia days payment 180 days payment Links Mode-of-Payment.html ure.pdf 4 Mahalaxmi Society Vaikunth Housing Galaxy Hosuing Society 4500 Basic flat cost 7 Kamp Developer 4500 Basic flat cost 8 Titanium Builder 5000 Basic flat cost 9 ABS Vision Home Vedic Homes Revanta Society

24 Name of The Developer/Society At L Zone Emmar MGF Sonalika Tractors Ajnara Ireo TDI Amrapali Suncity Neo Developers Anantas Kamp Developers Certes Indian Oil Welfare Society Engineers India welfare Society IAS Welfare Society Etc. 24

25 Society Members Induction Flow Chart Members to give two cheques Rs. 100 (Share Money) Rs (Annual Membership Charge) Members give one cheque Rs (Adjustable against Land Share ) Members Sign two forms Membership Form Membership Rules & Terms & Conditions 25

26 Society Members Induction Flow Chart Members to be given Membership Share Certificate Money Receipts and MOA of Society Land Share money to be paid by Members within 30 days As per the size selected by them Society will issue Money Receipt of Land Share Cost 26

He has managed funds of more than Rs 400 crs.

Nitin Kumar Is a Company Secretary from I.C.S.I & MBA in Finance. He has around 12 years of experience in the world of legal affairs and investment analysis.

27 Brief Profile Of Few Member Pankaj Kumar Is a MBA in Finance from Lucknow University and has done Equity Research Analysis (ERA) from ICFAI. He has an experience of around 15 years and has worked in various esteemed organization as Head: Equity Research at P N Vijay Financial Services. He has managed funds of more than Rs 400 crs. in Equity and Mutual Fund Market for corporate Clients like Indorama, Jindal Pipes, Hero Cycles, Burmans of Dabur etc. Nitin Kumar Is a Company Secretary from I.C.S.I & MBA in Finance. He has around 12 years of experience in the world of legal affairs and investment analysis. He has served companies like, Escorts Group and P N Vijay Financial Services. Mrigendra Kumar Mishra An alumnus of St. Xaviers College, Kolkata and PGDM from IIMS, Delhi, having 25 years of work experience out of which 15 years in corporates. Since last 10 years he has been working as a Financial planner and Investment advisor. 27

Atul Singh Atul has 12 years of proven track record in financial/ capital market in the area of business development of financial products such as Equity broking, Mutual

Has worked in leading Financial services organisations such as India infoline Limited, Religare Securities etc.

In 12 years of diversified experience Rajiv has worked with Escotel, Rainbow Productions Ltd., Exl and UnitedLex in leadership role. Nipun Anand He is a MBA in Finance.

28 Atul Singh Atul has 12 years of proven track record in financial/ capital market in the area of business development of financial products such as Equity broking, Mutual funds etc. An MBA, Marketing and Executive Post Graduate in International Business from IIFT, New Delhi. Has worked in leading Financial services organisations such as India infoline Limited, Religare Securities etc. Rajiv Dhawan Brief Profile Of Few Member He is a MBA with specialization in Marketing with a proven track record of 12 years in Advertising & Media, Marketing and CRM. In 12 years of diversified experience Rajiv has worked with Escotel, Rainbow Productions Ltd., Exl and UnitedLex in leadership role. Nipun Anand He is a MBA in Finance. After pursuing his career in the field of Real estate and general office administration in various multinational companies like Aegis, Alcatel Lucent, Canon India etc. for about 10 years in he decided to utilize his expertise in the Real Estate sector. He manages our corporate sales vertical. 28

29 Ethical Consulting Pvt. Ltd. Corporate off: Gurgaon: A24/21, DLF Phase-1,, Haryana Ph No: Branch Off: Delhi: F-7, 1 st Floor, DDA Shopping Complex, Mayur Vihar Ph-1, New Delhi Ph No: Ranchi: C-127, Harmu Housing Colony, Ranchi Ph No: Patna: 301,Narayan Plaza,3 rd Floor Opp.Luv Kush Tower Exhibition Road, Patna Website:

30 Thank You 30

Land Pooling Policy of DDA

Land Pooling Policy of DDA J.B.Kshirsagar Commissioner (Planning), DDA & Chief Planner, Town & Country Planning Organisation Ministry of Urban Development, Govt of India 18.12.2013 Population in lakhs