Starting out in Delhi
ENHANCED SAFETY MIXED LAND USE WITHIN 500 M OF MRTS FAR OF 400
Under the policy, 50% of FAR will have to be used as per landuse category designated in the social plan The TOD policy seeks to enhance safety for women and children using public transport or walking at night through changes in key development code aspects such as revised setback norms, dispensing with boundary walls and having built-to-edge buildings with active frontages that provide ‘eyes on the streets.’ Currently, many projects in the city face the metro but entry and exit to the station is at least 1 to 1.5 km away. This means that the transit infrastructure has not been optimally leveraged. Planning norms around the world advocate that metro systems should be located as close as possible to commercial and residential projects, but often local bylaws do not permit it Under the transit oriented development policy, it is mandatory to use a minimum of 30% FAR for residential use A minimum of 10% of
FAR is to be utilised for commercial developments A minimum of 10% is to be used for community services housing stock will get generated through TOD. Master Plan Delhi 2021 has spelt out a housing shortage of around 25 lakh residential units. Around six lakh units can be constructed under this policy
Tof land to be reserved for affordable housing under the TOD policy. The mandatory residential component covering 30% of FAR shall wholly comprise units of 65 sq m area or less he project in Karkardooma involves development of 75 acres of land in east Delhi. “It will follow the TOD norms and we will get FAR of 400. It is strategically located between two metro lines and will consist of residential units, service apartments, homes for senior citizens, a hotel and space for commercial offices. The East Delhi Hub project will be based on the TOD norms and smart city principles. The total cost of the project is ₹ 4,500 crore,” says AK Mittal, chairman and managing director, National Buildings Construction Corporation (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 in-house. Solar panels installed on terraces will be used to generate solar energy. 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 of 100 storeys and other towers of 10 to 30 storeys. We will try and engage the best architects, even from overseas, through an open com- of Delhi’s area to come under the TOD policy. It will not be applicable to the Lutyens Bungalow Zone, Civil Lines Bungalows area, monument regulated zone and the zone O around the Yamuna petition,” says Mittal.
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, and 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,” Mittal says when asked if the REITs option will be exercised.