Delhi’s all set to smarten up with landmark transit-oriented developments near Metro stations that encourage the walk-to-work culture
Imagine living in an area with very few car parking lots, where you can bicycle to work in two minutes and walk to the station close by to take the metro to attend a client meeting. This may be a reality in the next five years once the transit-oriented corridor project called the East Delhi hub, awarded to National Buildings Construction Corporation (NBCC) by Delhi Development Authority recently, is completed with its marquee 100-storey building and zero surface parking.
The Master Plan of Delhi 2021 has a chapter on transit oriented development (TOD) that has proposed a few corridors around Delhi as part of the first phase. These include corridors on the Chattarpur to Arjangarh Metro stations, Peeragarhi to Teekri Kalan Metro stations, Dwarka Mor to Dwarka Sector 21 Metro stations and Nehru Place to Badarpur stations.
With the Lt Governor Najeeb Jung approving the transitoriented policy of DDA in February this year, the first TODs to be constructed, however, will be the Karkardooma TOD to be executed by the NBCC followed by one in Sanjay Lake – both in east Delhi.
Balvinder Kumar, DDA vice chairman says, “The TOD policy has been approved by the Delhi’s LG Najeeb Jung and it will be notified by the urban development ministry perhaps in a month. NBCC will take up both the Karkardooma TOD and the Sanjay Lake TOD project which is also a green field development spread across 25 acres. All the TOD projects are part of the redevelopment scheme.”
“The project in Karkardooma involves development of 75 acre of land in east Delhi. It will follow the TOD norms and get FAR of 400. It is strategically located between two Metro lines. It will consist of residential units and space for commercial offices,” he says.
“DDA awarded the land to us for joint development of the project a few weeks back. The East Delhi Hub project will be based on the transit-oriented development norms and smart city principles. The total cost of the project is ₹ 4,500 crore,” says AK Mittal, chairman and managing director, NBCC.
The project will be a green complex. It will follow the zero discharge principle. All sewage generated within the project will be treated/ recycled inhouse. There will be no surface parking. “We will ensure that there is minimum vehicular movement,” he says.
The highlight of the project is a signature tower that will have 100 storeys. Other towers within the complex will have 10-30 storeys. We will try and engage the best architects, even from overseas through an open competition, says Mittal.
A model that is successfully followed in Gujarat is the town planning scheme where infrastructure is developed by the government around a land pool and the remaining land is given back to the owners. After creation of new infrastructure, the value of the land is higher and it is up to the owners to construct new dwelling units or sell the land at a higher price. There is no transfer of cash in the entire transaction. This model will work very well in a TOD, says Bhatt.
Presently, NBCC is in the process of appointing an architect who will do the master plans. Starting April 1, it may take nine months to finalise the design and get approvals from local bodies. Work on the project will finally start on January 1, 2016, and take at least four years to complete, he adds.
The project will include 4,800 houses, 80,000 sq m of retail space, a five- acre park, apart from a sculptures and laser park and a circular skywalk. As far as housing is concerned, the EWS housing will be largely subsidised. Other units in the semi luxury, middle class and luxury housing, serviced apartments etc will be sold to the public like any private development. “We will think of giving concessions to senior citizens once the plan is frozen. NBCC will maintain the complex for 30 years,” says Mittal.
The amount earned from selling properties will be deposited in an escrow account maintained by a high-level committee with representatives from both the DDA and NBCC. NBCC will be paid charges for project management, a certain fee on construction cost, a fee for managing sales and marketing. The surplus amount will be the property of DDA. “In the primary discussions that we’ve had so far, there are plans to sell commercial properties but no final decision has yet been taken,” he says when asked whether the REITs option will be exercised for commercial properties.
For the Sanjay Lake project located in Mayur Vihar area, DDA has suggested twin corporate towers, a park and studio apartments