One Under-rated achievement of the Delhi Master Plan MPD 2021 wins the ISOCARP award 2008 for Urban planning.

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Amanda Carson
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2 One Under-rated achievement of the Delhi Master Plan 2021 MPD 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 HOW MUCH IS ENOUGH? COSTs & RETURNS ADMINISTRATIVE SUPPORT HOW MUCH WHERE IN DELHI? PRODUCT MIX & PROFILE COMPETITIVE SCENARIO - NCR WHY SHOULD I INVEST IN DELHI? WILL IT BE A SUSTAINING OPPORTUNITY? IT TODAY THE RIGHT TIME? ABOUT DELHI WHAT IS MPD & SIGNIFICANCE SIZE OF OPPORTUNITY

4 Building around our rich heritage, not over it. 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. Few Zonal plans already notified & infrastructure development is going on. 4

5 DELHI- THE OPPORTUNITY! New Opening for Land Investors / Land Owners and Land Developers The development means of MPD 2021 are as follows: Population growth forecasted from 138 lakhs to 236 lakhs, by Development of New Urban Areas ( URBAN EXTENSION) 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 earmark Introduction of public private partnership (PPP Model) for the development of (Urban Extension) in MPD Role of private participants thru Land Pooling Policy (PP means developer / land owner ) Land Pooling Policy was notified for urban extension areas Infrastructure development which is going on. Disposal of built up area Development of farm houses (country homes) in green belt ( Last one revenue village is consider as green belt). 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 Delh) Land still available at the CHEAPEST PRICE within the NCR region.

6 DELHI MASTER PLAN 2021 Excerpts from the first 100 day agenda press release by the ministry of Urban development 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 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 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 400 ( higher than GURGAON, NOIDA) FAR to be earmarked for the EWS component over & above the FAR of 400: (15%)

7 MASTER PLAN DELHI

8 DELHI 1483 sq. kms (approx.) NEW URBANIZABLE AREAS 780 sq. kms CP EXISTING URBANIZED AREAS 702 sq. kms IGI AIRPORT

9 DELHI SURROUNDED BY HARYANA & UTTAR PRADESH HIGH INCIDENCE OF ECONOMIC & REALTY ACTIVITY Sonepat UP HARYANA Rohtak Bahadurgarh MEERUT/ HAPUR VAISHALI KAUSHAMBI INDIRAPURAM NOIDA / GR. NOIDA Gurgaon Bhiwadi Faridabad

NEW MAJOR ROADS IN & AROUND DELHI NH 1 to PANIPAT-AMRITSAR KMP expressway 100 meter road connecting 4 NHs Northern periphery expressway NH 10 to BAHADURGARH- ROHTAK NH 24 GHAZIABADtowards

10 NEW MAJOR ROADS IN & AROUND DELHI NH 1 to PANIPAT-AMRITSAR KMP expressway 100 meter road connecting 4 NHs Northern periphery expressway NH 10 to BAHADURGARH- ROHTAK NH 24 GHAZIABADtowards UPeastwards 80 meter proposed connecting NH1 NH8 Yamuna expressway Noida Mathura-Agra Proposed 150 meter road connecting Dwarka NH8 NH 8 to GURGAON JAIPUR- MUMBAI NH 2 to FARIDABAD MATHURA-AGRA

11 DID YOU KNOW that Delhi would throw almost 60,000 hectares for development / redevelopment under MPD 2021? The NCTD has been divided in 15 Zones (Divisions) designated 'A' to 'P' (except Zone 'I') in the Master Plan There are Six Zone Where New Urban areas are coming as below... Where is the opportunity? Where is the land available? 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) 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 G West Delhi H North West Delhi J South Delhi K - 1 West Delhi K - 2 Dwarka 6408 L West Delhi M North West Delhi N North West Delhi O River Yamuna / River front 8070 P - 1 Narela 9866 P - 2 North Delhi 8534 Myth LAND IS A SCARCE COMMODITY! DELHI- THE OPPORTUNITY SIZE!

FSI FASTER INVENTORY MOVE-OUT BETTER RETURNS & PROFITS ECONOMIC ACTIVITY IN THE NEW

12 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 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 12

13 DELHI MASTER PLAN 2021 THE FIVE MEGA-CITIES STORY

14 05 NEW CITIES PROPOSED MPD 2021 NORTH DELHI NORTH WEST DELHI ZONE N 2 1 MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BE UNLOCKED WEST & SOUTH WEST DELHI ZONE L & K SOUTH DELHI

15 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

16 MPD

17 LOW COST, AFFORDABLE OR OTHERWISE, IT DOESN T SELL VOLUMES IN THE WILDERNESS

18 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 THE PRICE, WHERE ONE CAN T GO WRONG 18

19 MPPLANS

20 L-ZONE South West Delhi High & mid end project developments likely. Land prices from 4.0 to 6.0 cr per acre currently Large green belt on the Delhi- Haryana border might encourage farm house projects. Closest to the IGI Airport 100 & 80 meter expressways. Density Sparse. Close to AIIMS ZONE- L ECONOMIC ACTIVITY Demand highest forecasted for finished products.

21 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

22 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

23 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

24 Where is the opportunity? Where is the land available? ZONE NAME OF ZONE Area P - 2 North Delhi 8534 N North West Delhi K - 1 West Delhi L West Delhi J South Delhi Myth LAND IS A SCARCE COMMODITY IN DELHI! FACT LAND IN DELHI IS CHEAPER THAN SURROUNDING CITIES!

25 75 meter road connecting Delhi - Gurgaon 80 meter expressway from NH meter expressway connecting 04 NHs I.M.T, Manesar 150 meter wide road (NPR) connecting Dwarka NH8 Manesar with Metro connectivity NH-8 FROM DELHI - JAIPUR

26 NEW LAND ASSEMBLY POLICY (notified) PPP MODEL PRIVATE SECTOR INVOLVEMENT 10 ACRES TO 100 ACRES REDENSIFICATION OF EXISTING AREAS HOW MUCH CAN WE CREATE WHERE THERE IS A DEMAND? NOTIFIED R ZONE LAND AVAILABLE starting from 4.25 cr, Price may vary on the village s location n all 26

27 LAND POOLING CALCULATION Category of Land Assemble Land Retained by DDA Land return to DE Hectare Acres Sqft. % Hectare Acres Sqft. % Hectare Acres Sqft. 20 & Above to FSI COST AS ON TODAY, NEVER THINK ON THIS PRICE IN DELHI ALLOTED BY DDA PRICE PER ACRE(INR) Total FAR FSI COST Investment before Acre Sqft Acre Sqft allotment % Sqft. per Sqft Rs. 5,00,00,000 Rs. 1,148 Rs. 2,50,00,00,000 Rs. 25,00,00, Rs Rs

28 Delhi Metro route Map

29 DELHI MASTER PLAN 2021 Our Proposal: At KESTG, 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 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.

DELHI MASTER PLAN INSIGHTS

DELHI MASTER PLAN INSIGHTS DELHI MASTER PLAN- 2021 INSIGHTS Prepared by: Ruchika Bhardwaj help@delhi-masterplan.com DELHI- THE VIBRANT TOMORROW.SETTING THE PACE TODAY - INDICATORS Capital of the largest democracy & one of the fastest