‘Category: Articles’

WOULD DELHI MASTER PLAN 2021 EMERGE AS THE POLE DESTINATION FOR INVESTORS?

By Ramesh Menon Just before the MCD elections, the Chief Minister of Delhi announced that he would facilitate the pending notifications for the operationalization of the Land Pooling policy, under the Delhi master plan, on or before the 7th May’ 2017. This exciting news has reinvigorated the HNI investor interest into notified developable land, wherein Read more…

WOULD DELHI CM LOSE THE MCD PLOT WITH LAND POOLING?

Ramesh Menon Strange as it may sound, the lowest denominator in the electoral hierarchy would define the future of the AAP, and professional credibility of the Chief Minister of Delhi. While the Delhi Govt’s stated political position is to ‘sauce up the sops’ at the bottom of the pyramid, one constituency they seem to be Read more…

MCD Election 2017: AAP, BJP’s stand on Delhi land pooling policy may decide the polls

Manisha Natarajan Mar, 23 2017 Three Municipal Corporations of Delhi will go to polls on 22 April, 2017. The pitch for these elections is no less shrill than back in February 2015, when Delhiities stepped out to vote generously in favour of Arvind Kejriwal, giving his Aam Aadmi Party (AAP) an absolute majority in the Read more…

Brief history of Farmhouses in Delhi

There never existed a policy for the organised development of the Farmhouses in Delhi. Most existing farmhouses mushroomed over the past four decades. There is a policy now, which not just recognises Farmhouses as a separate product category, but also offers a framework for organised development.  In the 1960s, Delhi was still a largely agrarian Read more…

Is it time to critically re-look at our Urbanization?

By Dr. Udit Raj Last week the Office of Registrar General of India released some startling data concerning about 20 crores of the Indian workforce. This data, although about the travel pattern of the workforce, also has a reflection on the urbanization model pursued by our cities. Before I cite my argument, it may be Read more…

Impractical circle rates would compound Land Acquisition

In the recent times, a lot of debate has been accentuated on land acquisition in India. Over the past few years, a lot of projects have either been stalled or shelved owing to non-availability of land. According to estimates by Certes Realty Limited, projects worth upwards of 1.5 trillion are stuck for land. The current Read more…

Low Density Residential Plots (LDRP policy) OR Mini Farms opportunity in Delhi

By Ramesh Menon, Director, Certes Realty Ltd. There is considerable buzz about the Green belt opportunity in Delhi, with very little informed tools being used for decision-making. Most investors continue to rely on their brokers, who may earlier have successfully deployed their capital into income producing commercial assets, OR, residential apartments earlier, but continue to Read more…

DELHI TAKES STEPS FOR ECONOMIC ACTIVITY UNDER MPD 2021

The Delhi master plan 2021 seems to be on a course correction mode, and in a more positive manner. We policy watchers having being accustomed to arbitrary decisions from the government for so long are surprised by the ‘Inclusive’ approach on display, off late. For a change, the policy makers do realize that paramount importance Read more…

 

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