aug, 2012 farm house scheme

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    Farm Houses, New Delhi

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    Delhi is the capital of the biggest democracy and one of the fastest growing

    economic . It is amongst the greenest metro city in the country.

    Close to 19% of the land area is covered under Green/Recreational use. Almost 15%

    of the total Urban land is in the form of City & District level parks, community parks

    etc. Within the approved urbanized areas, large tracts of land are left under the

    neighborhood parks, plantations, nurseries etc, within the residential areas. Including

    the large institutions like the Delhi University, JNU campus, Presidents estate,various forest lands & green areas around canals, Pusa & other research campuses

    within Delhi, and not to ignore the bio-diversity parks under development by Delhi

    government.

    Delhi is known as multi agency investment city where State, Centre, Private and

    other agencies play an active role for the development of the city

    Delhi

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    Major Zones of Delhi MPD 2021

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    Delhi- Green Belt & Regional Park

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    New Proposed Cities in MPD 2021

    1 North Delhi

    2 North West

    Delhi-Zone N

    3 & 4 West & South

    West DelhiZone L & K

    5 South Delhi

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    Zone Name of Zone Area in Ha (approx)

    A Old City 1159B City Extension (Karol Bagh) 2304

    C Civil Lines 3959

    D New Delhi 6855

    E Trans Yamuna 8797

    F South Delhi-1 11958

    G West Delhi-1 11865

    H North West Delhi-1 5677

    J South Delhi-2 15178

    K-1 West Delhi-2 5782

    K-2 Dwarka 6408

    L WEST DELHI-3 21933

    M North West Delhi-2 5073

    N North West Delhi-3 13975

    O River Yamuna / River Front 8070

    P-1 Narela 9866

    P-2 North Delhi 8534

    Proposed Area for Development under MPD 2021

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    The Green Belt opportunity

    Land returns the highest ROI (Return on Investment) amongst realty products

    If bought at the right time, it rarely devalues

    It is an asset, which you take possession from day One

    It has the most flexible investment options

    Cost of managing your land asset is negligible

    It is a highly liquid asset, with easy exit mechanism

    It provides the right balance in your real estate portfolio

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    The Green Belt opportunity

    Pent up Demand & demographics - The foremost reason being the demand scenario in Delhi, which would

    possibly be the highest captive pent up demand of almost 2.3 million dwelling units. On the farmhouse front,

    one particular research by Delhifarms.com the forecasted demand by 2015 at 15000 new Farm houses. Thisentire demand has to be fulfilled under the Green belt of Delhi under MPD 2021

    Supply is NOT A CONSTRAINT As per the MPD 2021 & zonal plans released in 2010, there is an imminent

    supply of more than 11, 000 hectares of land which is being released, under the Green belt of Delhi which act

    as the lung space of Delhi

    Investment Infrastructure & interest - Besides Farm houses, there are a lot of commercial interest activities

    which would be pursued within the Green belt of Delhi. Table 9.4 of the notified Delhi Master plan MPD 2021

    document lists the following products / services / permitted activities which can be conducted within the Green

    belt areas of Delhi

    - Forest, Agriculture use, Vegetation belt, Dairy Farms, Piggery, Poultry farms, Farm house, Wild life

    sanctuary, Bird sanctuary, Biodiversity Park, Veterinary Centre, Police Post, Fire Post, Smriti Van, Plant

    Nursery, Orchard, Area for water-harvesting, Floriculture farm, Open Playground, Agro forestry,

    Amenity structures

    All of the above is only fraction of what Delhi Master plan 2021 is about. It is planned to accommodate an

    additional population of more than 10 million, with the development of more than 2 million homes. The same

    survey of Delhifarms.com also revealed that the corporate executives & businessmen community represent

    the aspiration segment for new farm houses, and supply being consistent & price points getting more

    achievable, there would be a demand pipeline for another 19,000 farms, mini farms & country homes

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    L Zone is the south west corner of Delhi and hence is the closest to South Delhi. This

    zone also shares its boundary with Gurgaon and is the zone closest to theInternational airport

    The zone is closest to Dwarka sub-city, which has already seen high end development

    The zone covers an area of 21933 Ha., out of which 10322 Ha. is available for

    peripheral green and 11611 Ha. is available for urbanized area & is surrounded by thefollowing:

    i) NH-10 / Rohtak Road and Railway line, in the North Delhi

    ii) K-1 & K-2 mainly comprising of Dwarka Sub City, in the South West Delhi

    The proposed connectivity of the Zone with Gurgaon (through a 150 m Northern

    Peripheral Road) and with Delhi (through NH 8 and Bijwasan Road), make it well

    connected to South Delhi and Gurgaon

    L Zone - Features

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    1. Badusaria

    2. Bakkarwala

    3. Bakargarh

    4. Deorala

    5. Dhansa

    6. Ghalibpur

    7. Ghumanhera

    8. Isapur

    9. Jainpur

    10. Jharoda Kalan

    11. JHATIKARA

    12. Kair

    13. Kanganheri

    14. Mitraon

    15. Mundhela Kalan

    16. Nanakheri

    17. Raghopur

    18. Raota

    19. Shikarpur

    20. Surekh Pur

    21. Tikri Kalan

    Villages in PeripheralGreen Belt Area

    L-Zone

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    Upcoming Projects in the Vicinity

    1. Conscient Infrastructure Pvt. Ltd. (109)

    2. IIDPL Group (109)

    3. Indiabulls (106)

    4. Landmark (107)

    5. QVC Realty Co. (Uppal Group) (106 & 109)

    6. Raheja (108 & 109)

    7. Spire World (106)

    8. Puri Constructions (111)

    9. M3M (107 & 108)

    10.Sobha Developer (108)

    11.Chintals

    *ongoing rates of upcoming projects in the vicinity are in the range of Rs. 5000 8000/- per sq.ft. (approx

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    Project Location & Proposed Ring Roads (UER-II & III)

    Conscient

    IIDPL

    Raheja

    QVC

    Indiabulls

    LandmarkSpire World

    Puri

    Constructions

    M3M

    Chintals

    Sobha Devlp.

    QVC

    AIIMS-II

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    From IGI to Jhatikra

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    Distance from the proposed site

    IGI Airport 15 minutes approx.

    Diplomatic Enclave 8 minutes approx.

    Dwarka Sec.21 Metro Station 10 minutes approx.

    Palam Vihar 7 minutes approx.

    Connaught Place 35 minutes approx

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    Comparison of Farm Land Rates

    0

    10

    20

    30

    40

    50

    60

    Jhatikra Satbari Dera Mandi DLF Chattarpur Radhay Mohan Pushpanjali Western Green Bijwasan

    Jhatikra marked in Green - Rates are for developed area per acre

    Other properties marked in Blue - Rates are land area per acre

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    Old & New Farm House Policy

    New Policy as on August 3, 2012

    1 acre farmhouses allowed ingreen belt as country homes.

    Constructible area 8712 sq.ft.(Approx)

    5 acres minimum area for afarmhouse to hold marriagefunctions.

    2 hectares minimum area to opena banquet hall, resort or

    amusement park.

    5000 sq metre minimum area toopen naturopathy clinic, healthcentre.

    Old Policy

    Minimum land for farm houses2.5 acres

    Constructible area 2200 sq.ft.(Approx)

    2.5 acres minimum area for afarmhouse to hold marriagefunctions.

    2.5 acres minimum area to opena banquet hall, resort or

    amusement park.

    2.5 acres minimum area to opennaturopathy clinic, health centre.

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    News Articles

    Hindustan Times

    Dated 4th Aug 2012)

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    News Articles

    The Times of India

    Dated 4th Aug 2012

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    News Articles

    The Indian Express

    Dated 4th Aug 2012

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    News Articles

    Hindustan Times

    Dated 6th Aug 2012)

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    News Articles

    The Times of India

    Dated 6th Aug 2012)