Monday, 19 September 2011

Real Estate in Delhi, NCR, India

Posted By Global Linkers
Delhi’s Zones:
According to the new master plan, Delhi will be mapped using remote sensing and GIS (Global Information System) tools. This would be updated from time to have real-time data of the ground situation. Inputs would be taken from here to detect and prevent unauthorized development and encroachment on public land and facilitate the protection of green belt.
Experts say the zonal plans will detail the policies of the Master Plan 2021 and act as a link between the layout plan and the master plan. The development schemes and the layout plans indicating various land use projects would have to confirm to the master plan and the zonal plans. The zonal plans of the areas would be prepared under Section 8 and processed under Section 10, and simultaneously, the modifications of land use would be processed under Section 11A of the Delhi Development Act, 1957.
Already approved subzonal plans, which are in conformity with the master plan, would continue for the areas where zonal plans have not approved. “No urban activity will be permitted in the proposed urban extension without change of land use/modification to the master plan as per the Delhi Development Act”, Ram Gopal Gupta says. Delhi has a total area of 1,483 sq km, which is divided into 17 planning zones. These are 1,159 hectares in Zone A (Old City); 2,304 hectares in zone B (City Extension and Karol Bagh; 3,953 hecytares in Planning zone C (Civil Line); 6,855 hectares in Zone D (New Delhi); 8,797 hectares in Planning Zone E (East Delhi); 11,985 hectares in Zone F (South Delhi I); 11,865 hectares in planning Zone H (North-west Delhi I); 15,178 hectares in zone J (South Delhi II); 5,782 hectares in Zone K I (West Delhi II); 6,408 hectares in Zone K II (Dwarka); 22,840 hectares in Zone L (West Delhi III); 5,073 hectares in zone M (North West Delhi II); 13,975 hectares in Zone N (North West Delhi III); 8,070 hectares in Zone O (River Yamuna / River Front); 9,866 hectares in Zone P I (Narela), and 8,534 hectares in Zone P II (North Delhi).
Ram Gopal Gupta says: “In the new master plan of Delhi, which has already been approved in February 2007, a policy of large-scale acquisitions, development and disposal of land does not seem to be feasible. Therefore, private partners should come forward to acquire land and develop it, For this, there must be a policy and plan for all land use, including housing, which would address issues like legal documentation, replanning, redevelopment, reconstruction of housing in sub-standard areas like unauthorized colonies, unauthorized regularized colonies, urbanrural villages, census towns, jhuggi clusters, resettlement colonies and slum areas; use of TDR (transfer of development rights) and all the other activities in public-private partnership. There must be transparency at all costs, and information must be disseminated through websites, emails and e-governance.”
Source: Times Property

6 comments:

  1. There is buzz that "Real estate prices may fall 20-30% in several pockets of Delhi-NCR"
    Developers selling properties in prime areas are seeing sales, especially in completed projects. your this post is nicely written..did get good amount of information from here.
    thanks for sharing and keep posting..
    Newbuy

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. This comment has been removed by the author.

    ReplyDelete
  4. This comment has been removed by the author.

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. Find the Residential & Commercial Properties in Gurgaon, Bhiwadi, Sohna,Delhi-NCR. Buy/Sell/Rent from Winworld Realty Services. Property In Gurgaon

    ReplyDelete