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Opportunities Under Delhi master Plan (MPD 2021)

A snapshot presented @ GIREM – Goa – 17th & 18th Sept’ 2009

www.delhi-masterplan.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.



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?

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• 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.



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

EXISTING URBANIZED AREAS702 sq. kms

www.certesrealty.com

DELHI – 1483 sq. kms (approx.)

NEW URBANIZABLE

AREAS780 sq. kms

HARYANA

UP

Sonepat

BahadurgarhRohtak

Gurgaon

Faridabad

DELHI – SURROUNDED BY HARYANA & UTTAR PRADESH – HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY

NOIDA / GR. NOIDA

MEERUT/HAPUR

VAISHALIKAUSHAMBI

INDIRAPURAM

Bhiwadi

NH 10 to BAHADURGARH- ROHTAK

NH 1 toPANIPAT-

AMRITSAR

NH 24 GHAZIABAD-towards UP-eastwards

NH 2 to FARIDABADMATHURA-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


Northern periphery expressway

Yamuna expressway Noida – Mathura-Agra



DELHI- THE OPPORTUNITY SIZE!

ZONE NAME OF ZONE Area in Ha

A Old City 1159B City Extension (Karol Bagh) 2304C Civil Lines 3959D New Delhi 6855E Trans Yamuna 8797F South Delhi - 1 11958G West Delhi - 1 11865H North West Delhi - 1 5677J South Delhi - 2 15178

K - 1 West Delhi - 2 5782K - 2 Dwarka 6408

L West Delhi - 3 22840M North West Delhi - 2 5073N North West Delhi - 3 13975O River Yamuna / River front 8070

P - 1 Narela 9866P - 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 !

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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




1NORTH DELHI

2NORTH WEST

DELHI – ZONE N

5SOUTH DELHI

3WEST & SOUTH WEST DELHI –

ZONE L & K

05 NEW CITIES PROPOSED – MPD 2021

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MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED


DELHI MASTER PLAN 202105 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



STRATEGIC LOCATION OF DELHI & THE PROPOSED

ECONOMIC CORRIDORS IN HARYANA & NCR

MPD - 2021



• “LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN’T SELL VOLUMES IN THE WILDERNESS”

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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



ROHI

NI C

ITY

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



• 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


DELHI MASTER PLAN 2021ZONE- 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



• 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



ZONE NAME OF ZONE Area

P - 2 North Delhi 8534N North West Delhi - 3 13975

K - 1 West Delhi - 2 5782L West Delhi - 3 22840J 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!



THE CONNECTIVITY

WITHGURGAON



NH-8 FROM DELHI - JAIPUR

KUNDLI-MANES

AR-PALW

AL EXPRESSW

AY

(KMP)

100 meter expressw

ay connecting 04 N

Hs

80 m

eter

exp

ress

way

from

NH-

1

60 meter road connecting Delhi - Gurgaon

I.M.T,Manesar

Proposed 150 meter road connecting Dwarka – NH8 – Manesar with Metro connectivity

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• 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



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.



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 LIMITEDPlot # 678, Udyog Vihar Phase – V

Gurgaon – 122 016Site Off:

142/278, Main Kanjhawla Road,Kanjhawla,

New Delhi-81

Ramesh Menon 99100-54949 [email protected] Dabas 98109-50411 [email protected]

Sept ’ 2009

mailto:[email protected]

mailto:[email protected]

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