Land pooling mpd 2021 summary
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Transcript of Land pooling mpd 2021 summary
DELHI MASTER PLAN 2021 LAND POOLING POLICY
Citation by ISOCARP on the award to the MPD 2021 team –
"For the capacity to articulate a holistic planning at oneof the most complex metropolitan areas of the world, and facing key changes that are incommon in many other megalopolises of the planet: from shelter to trade andcommerce, from industry to environment, from conservation of built heritage to urbandesign and from development code to plan monitoring.”
One Under-rated achievement of the Delhi Master Plan 2021
MPD 2021 wins the ISOCARP award 2008for Urban planning.
Citation by ISOCARP on the award to the MPD 2021 team –
"For the capacity to articulate a holistic planning at oneof the most complex metropolitan areas of the world, and facing key changes that are incommon in many other megalopolises of the planet: from shelter to trade andcommerce, from industry to environment, from conservation of built heritage to urbandesign and from development code to plan monitoring.”
Building around our rich heritage, not over it.
DELHI LAND – THE BIGGEST OPPORTUNITY IN INDIA
Copyright ® www.delhi-masterplan.com
DELHI MPD 2021 – Approved & Notified
NEW URBAN AREAS> 700 SQ.KMs
Sonepat
MEERUT/HAPUR
Rohtak
DELHI – Where land is finite (1483 sq.kms)
EXISTING URBANIZATION702 sq. kms
Faridabad
NOIDA /GR. NOIDA
MEERUT/HAPUR
VAISHALIKAUSHAMBI
INDIRAPURAM
Bhiwadi
1NORTH DELHI
2NORTH WEST
DELHI – ZONE N
34
MORE THAN 25,000 HECTARES UNDER RESIDENTIAL DEVELOPMENT TO BEUNLOCKED, FOR 5 NEW SUB CITIES
5SOUTH DELHI
3WEST & SOUTHWEST DELHI –
ZONE L & K
4
www.certesrealty.com
NH 10 to BAHADURGARH-ROHTAK
NH 1 toPANIPAT-AMRITSAR
NH 24GHAZIABAD-towards UP-eastwards
UER-2 - 100meter
UER-1 – 80meterKMP – 100 meter
NEW CONNECTIVITYLINKING NEW URBANIZABLE
AREAS
3322
11
DELHI – Infrastructure first approach
NH 10 to BAHADURGARH-ROHTAK
NH 24GHAZIABAD-towards UP-eastwards
NH 2 to FARIDABADMATHURA-AGRA
NH 8 to GURGAON –JAIPUR-MUMBAI
SERVICES 2001 2021
Availability Projected * Additional
1. Water (mgd) 650 1380 730
2. Sewerage (mgd) 512 1100 588
DELHI – Infrastructure first approach
2. Sewerage (mgd) 512 1100 588
3. Power (MW) 2352 8800 6448
4. Solid Waste(Tonnes / day)
5543 15750 10207
5. Roads ( in kms) 28000 55000 27000*
* BASED ON PERSPECTIVE PLANS OF RESPECTIVE AGENCIES SUBMITTED TO THE MPD – 2021 THINK TANK.
Myt
h–
LAND
IS A
SCA
RCE
COM
MO
DITY
IN D
ELHI
!INVESTMENT OPPORTUNITY ZONES
Myt
h–
LAND
IS A
SCA
RCE
COM
MO
DITY
IN D
ELHI
!
FACT – LAND IN DELHI IS CHEAPER THAN SURROUNDING CITIES!
Research findings from a study of about 1000 investors from theDelhi NCR region
Data collected in 2012
Research findings from a study of about 1000 investors from theDelhi NCR region
Data collected in 2012
CATEGORY WISE INVESTMENT BY DELHI INVESTORS
16%19%
8%
PERCENTAGE INVESTMENT
57%
LAND
RESIDENTIAL
COMMERCIAL
RETAIL
Source: CERTES research amongst TA investor community in Delhi NCR
RETURN ON INVESTMENT IN 3 YEARS (2009-2012)
50
100
150
200
160
PERCENTAGE INVESTMENT
LAND
0
5082
5521
RESIDENTIALCOMMERCIALRETAIL
Source: CERTES research amongst TA investor community in Delhi NCR
FORECASTED ROI (2012-2015)
50
100
150
200
250
230
PERCENTAGE INVESTMENT
LAND
0
5072
55 21
RESIDENTIALCOMMERCIALRETAIL
Source: CERTES research amongst TA investor community in Delhi NCR
⧲ Lack of product knowledge⧲ Lack of access to expertise / Status of land⧲ Assumption that investment in land is costly⧲ Would I get someone to develop / co-develop?⧲ Leverage
TOP 5 REASONS PEOPLE ARE APPREHENSIVE ABOUT LAND?
⧲ Lack of product knowledge⧲ Lack of access to expertise / Status of land⧲ Assumption that investment in land is costly⧲ Would I get someone to develop / co-develop?⧲ Leverage
Source: CERTES research amongst TA investor community in Delhi NCR
TOP 5 NOTIONS ABOUT LAND BY INTERESTED INVESTORS
⧲ We know land yields the highest returns⧲ Every developer today has grown from land⧲ Land is the basic raw material for every activity⧲ Don’t think we can buy collectively⧲ NOT LIQUID – investments stuck in non land
⧲ We know land yields the highest returns⧲ Every developer today has grown from land⧲ Land is the basic raw material for every activity⧲ Don’t think we can buy collectively⧲ NOT LIQUID – investments stuck in non land
Source: CERTES research amongst TA investor community in Delhi NCR
WHY INVEST IN LAND – TOP 5 REASONS
⧲ It’s Finite⧲ Highest Returns with lowest Risk⧲ Land is REAL⧲ Demand outstrips supply⧲ Very low competition, clearly defined segment
⧲ It’s Finite⧲ Highest Returns with lowest Risk⧲ Land is REAL⧲ Demand outstrips supply⧲ Very low competition, clearly defined segment
Source: CERTES research amongst TA investor community in Delhi NCR
LAND POOLING – The way forward for urbanization
POLICY DEVELOPMENT R ZONE
The Delhi land-pooling policy has already beenapproved & notified by the Ministry of Urbandevelopment vide Notification # S.O. 2687(E)dated 5th September 2013.
Prior to this, public notice vide S.O # 990(E) dated18.04.2013 was published by the DDA inaccordance with the provisions of section 44 of theDDA act 1957 (61 of 1957) inviting objections &suggestions as required under sub section (3) ofsection 11-A of the said act. A board of enquiry &hearing set up by the DDA considered all theobjections / suggestions and in accordance withthe law, modified the relevant sections under MPD2021 vide Notification # S.O. 2687(E) dated 5th
September 2013.
LAND POOLING, is already added to the alreadynotified Delhi master plan, as a new chapter 19.0.
The Delhi land-pooling policy has already beenapproved & notified by the Ministry of Urbandevelopment vide Notification # S.O. 2687(E)dated 5th September 2013.
Prior to this, public notice vide S.O # 990(E) dated18.04.2013 was published by the DDA inaccordance with the provisions of section 44 of theDDA act 1957 (61 of 1957) inviting objections &suggestions as required under sub section (3) ofsection 11-A of the said act. A board of enquiry &hearing set up by the DDA considered all theobjections / suggestions and in accordance withthe law, modified the relevant sections under MPD2021 vide Notification # S.O. 2687(E) dated 5th
September 2013.
LAND POOLING, is already added to the alreadynotified Delhi master plan, as a new chapter 19.0.
Increased participation of the Private sector in theassembly and development of land in Delhi
Private sector to be the catalyst for Urbaninfrastructure projects
Increase the supply of residential DUs
ENCOURAGE LAND POOLING, to ensure seamlessavailability
WHY LAND POOLING
Increased participation of the Private sector in theassembly and development of land in Delhi
Private sector to be the catalyst for Urbaninfrastructure projects
Increase the supply of residential DUs
ENCOURAGE LAND POOLING, to ensure seamlessavailability
LAND POOLING
DEVELOPMENT CONTROL NORMS
FAR for RESIDENTIAL group housing * 400FAR for city level COMMERCIAL 250FAR for city level PUBLIC SEMI PUBLIC use 250Maximum GROUND COVERAGE 40%Gross residential DENSITY 800-1000 pph **
PARKING norms2 ECS / 100 sqM of
BUA ***
* Applicable on net residential land, which is exclusive of the 15% EWShousing** Density of 15% FAR for EWS shall be considered over & above the Grossresidential density*** For EWS, the norms for parking are 0.5 ECS/100 SqM of BUA
DEVELOPMENT CONTROL NORMS
FAR for RESIDENTIAL group housing * 400FAR for city level COMMERCIAL 250FAR for city level PUBLIC SEMI PUBLIC use 250Maximum GROUND COVERAGE 40%Gross residential DENSITY 800-1000 pph **
PARKING norms2 ECS / 100 sqM of
BUA ***
* Applicable on net residential land, which is exclusive of the 15% EWShousing** Density of 15% FAR for EWS shall be considered over & above the Grossresidential density*** For EWS, the norms for parking are 0.5 ECS/100 SqM of BUA
• The Land pooling agency (LPA), DDA in this case, would act as the nodalagency designated to implement the land pooling policy, as per theprovisions of the Zonal plans already notified.
• The LPA can either return back land, after retaining theirpercentage, OR, issue a “Land transfer certificate” (LTC) in exchange of landsurrendered.
• For the land pooling, the ownership of the parcel of land being vested shouldbe reflected in the revenue records, on or before the date of application.
• The DDA would create the Layout plan / Sectorial plans after taking intoaccount all the land which have been pooled / Vested with the LPA, and thenallot the “Final Plot” back to the land owner, OR, issue the LTC, as the casemay qualify for.
• Contrary to popular belief being aggressively marketed by someunscrupulous elements in the land trade, not all lands qualify to be pooled.
THE WAY FORWARD – OPERATIONALIZING THE LAND POOLING
• The Land pooling agency (LPA), DDA in this case, would act as the nodalagency designated to implement the land pooling policy, as per theprovisions of the Zonal plans already notified.
• The LPA can either return back land, after retaining theirpercentage, OR, issue a “Land transfer certificate” (LTC) in exchange of landsurrendered.
• For the land pooling, the ownership of the parcel of land being vested shouldbe reflected in the revenue records, on or before the date of application.
• The DDA would create the Layout plan / Sectorial plans after taking intoaccount all the land which have been pooled / Vested with the LPA, and thenallot the “Final Plot” back to the land owner, OR, issue the LTC, as the casemay qualify for.
• Contrary to popular belief being aggressively marketed by someunscrupulous elements in the land trade, not all lands qualify to be pooled.
THE CERTES ADVANTAGE
• Based in Delhi, the Certes team has been part of the Urbanization –Planning, strategy & Land purchase since the past decade.
• From the date the MPD 2021 has been on the drawing board, the Certes teamhas been part of the strategic purchase of land for it’s financialinvestors, developers & HNIs.
• The Certes team has it’s strategic reach into the 70 villages under the GreenBelt & 95 villages in the R zone.
• The four core areas of Certes expertise under MPD 2021 are• Land identification for purchase based on scientific parameters• Due diligence, negotiations, Closure• Land pooling with likely partners for >25% arbitrage• Development strategy management (JV, JDA, development)
“The best recommendation is the past body of work” ~ We have assisted buyers& sellers to realize their vision on more than 1500 acres of land, till date
• Based in Delhi, the Certes team has been part of the Urbanization –Planning, strategy & Land purchase since the past decade.
• From the date the MPD 2021 has been on the drawing board, the Certes teamhas been part of the strategic purchase of land for it’s financialinvestors, developers & HNIs.
• The Certes team has it’s strategic reach into the 70 villages under the GreenBelt & 95 villages in the R zone.
• The four core areas of Certes expertise under MPD 2021 are• Land identification for purchase based on scientific parameters• Due diligence, negotiations, Closure• Land pooling with likely partners for >25% arbitrage• Development strategy management (JV, JDA, development)
“The best recommendation is the past body of work” ~ We have assisted buyers& sellers to realize their vision on more than 1500 acres of land, till date
Let’s Talk Land !!!CERTES REALTY LIMITED
Corp. Off : Plot # 678, second floor, Udyog Vihar Phase – V, Gurgaon – 122 016
Site Offices : Zone J – JonapurZone L – Bijwasan
Zone N - Kanjhawala
Ramesh Menon 99100-54949 [email protected] Dabas 98109 50411 [email protected]
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 orsolicitation for the purchase or sale of any financial instrument. While reasonable care has been taken to ensure that the information contained herein isnot untrue or misleading at the date of the presentation, certes makes no representation that it is accurate or complete. The information containedherein is subject to change without notice. Neither Certes nor any of its officers or employees accepts any liability for any direct or consequential lossarising from any use of this presentation or its contents. Copyright and database rights protection exist in this presentation and it may not bereproduced, distributed or published by any person for any purpose without the prior expressed consent of Certes realty Ltd. All rights are reserved.
Let’s Talk Land !!!CERTES REALTY LIMITED
Corp. Off : Plot # 678, second floor, Udyog Vihar Phase – V, Gurgaon – 122 016
Site Offices : Zone J – JonapurZone L – Bijwasan
Zone N - Kanjhawala
Ramesh Menon 99100-54949 [email protected] Dabas 98109 50411 [email protected]