Land pooling mpd 2021 summary

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DELHI MASTER PLAN 2021 LAND POOLING POLICY

Transcript of Land pooling mpd 2021 summary

Page 1: Land pooling mpd 2021 summary

DELHI MASTER PLAN 2021 LAND POOLING POLICY

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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.

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DELHI LAND – THE BIGGEST OPPORTUNITY IN INDIA

Copyright ® www.delhi-masterplan.com

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DELHI MPD 2021 – Approved & Notified

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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

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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

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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

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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.

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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!

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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

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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

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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

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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

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⧲ 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

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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

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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

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LAND POOLING – The way forward for urbanization

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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.

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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

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LAND POOLING

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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

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• 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.

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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

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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]