‘Category: Articles’

WOULD DELHI CM LOSE THE MCD PLOT WITH LAND POOLING?

Ramesh MenonStrange 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 ignoring, 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…

BUDGET 2014 EXPECTATIONS OF DELHI NCR BUILDERS – How realistic are they?

I am reminded of an incident during the first qtr. of 2014, an event organized by one of the industry bodies of Real estate developers, wherein an Union minister was grilled mercilessly by the builder lobby, with fear of retribution or remorse They actually read out the writing on the wall to the outgoing minister. Read more…

Harnessing Lal Dora land in Delhi could be the key to more affordable housing

While there is a large demand for affordable housing, scarce availability of land, and archaic government norms which were suited to the British era ensure that the available village land in Delhi which falls in Lal Dora can’t be used for building houses for the middle, and lower middle class. There are many villages in Read more…

 

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