Integrated township development opportunity in third tier metros : case Indore (Also available on CD)

Gupta, Deepti

Integrated township development opportunity in third tier metros : case Indore (Also available on CD) - 2007 - 130p.,CD-ROM

Certificate II Undertaking III Acknowledgement IV Abstract v CONTENTSVIII 1. INTRODUCTION 13 1.1 BACKGROUND 13 1.2 NEED FOR THE STUDY 15 1.3 AIMS AND OBJECTIVES 17 1.3.1 AIM 17 1.3.2 Objectives 17 1.4 SCOPE AND LIMITATIONS 18 1.5 METHODOLOGY 18 1.6 ANALYTICAL FRAMEWORK 21 2. INDIA REAL ESTATE LANDSCAPE 23 2.1 INDIAN ECONOMIC GROWTH AND URBANIZATION 23 2.1.1 Indian real estate sector 25 2.1.2 Investment opportunity in India 26 Integrated Township (residential real estate) 28 3. DEFINITION OF TOWNS 29 3.1 CENSUS DEFINTION OF TOWNS/CITIES 29 3.2 CHARACTERISTICS OF TIER I, TIER II, TIER III METROS 29 3.3 TIER THREE CITIES AND MILLION PLUS CITIES (CENSUS 2001) 31 4. RESIDENTAIL REAL ESTATE DEVELOPMENT 33 4.1 GROWTH DRIVERS 33 4.1.1 Macro-economic factors-inflation, investment, growth 33 4.1.2 Demographic factors 34 4.1.3 Retail 36 4.1.4 Kpo/Bpo/It-Ites 37 4.1.5 Infrastructure 37 4.1.6 Others 39 4.1.7 Mortgage market 40 4.2 REGULATORY ENVIORNMENT 41 4.2.1 Existing laws and regulations 41 4.2.2 Reforms and policy changes 42 4.3 ECONOMICS OF DEVELOPMENT 44 5. CASE STUDIES 45 5.1 CASE: HARYANA- GURGAON 45 5.2 CASE STUDY PUNE : MAGARPATTA CITY 50 5.3 INFERENCES FROM THE CASE STUDIES 53 5.3.1 Gurgaon case: 53 5.3.2 Margapatta case: An ISO 9001 : 2000 certified Township 54 6. MADHYA PRADESH 55 6.1 ADVANTAGE MADHYA PRADESH 55 6.2 MADHYA PRADESH PROFILE 55 6.2.1 Introduction 55 6.2.2 STATE ECONOMY 56 6.3 INVESTMENT SCENARIO IN M.P 56 6.3.1 MADHYA PRADESH INDUSTRIAL INFRASTRUCTURE 57 6.4 STATE POLICY 57 6.4.1 HIGHLIGHTS OF NEW INDUSTRIAL POLICY - 2004 58 6.4.2 IT policy 60 6.4.3 SEZ policy 61 6.5 MADHYA PRADESH POLICIES & REFORM TO BOOST INVESTMENT 62 6.6 INITIATIVES OF GOVERNMENT IN URBAN DEVELOPMENT IN M.P 63 6.7 MADHYA PRADESH INITIATIVES TO BOOST TOWNSHIP DEVELOPMENT IN THE STATE 63 7. INDORE 64 7.1 INDORE 64 7.2 REGIONAL SETTING 65 7.3 DEMOGRAPHIC PROFILE & URBANISATION TREND 66 7.4 ECONOMIC BASE 68 7.5 HOUSING SHORTAGE 69 7.6 PLANNING BODIES IN INDORE 69 7.7 VARIOUS MODES OF LAND SUPPLY 70 7.8 PLANNING INTERVENTIONS IN INDORE 71 7.8.1 Relation between work place and residential area: 72 7.9 TOWNSHIP DEVELOPMENT SITUATION IN INDORE 73 7.9.1 Legislation Governing Township Establishment and Development 73 7.9.2 Procedure for the development of township in Indore 74 7.10 EXPERINCES FROM OTHER MODELS 80 7.10.1 Haryana model 80 7.10.2 Kolkata model 81 7.10.3 Lucknow model 82 7.11 ISSUES WITH PROCEDURE OF TOWNSHIP DEVELOPMENT IN INDORE 83 7.12 PROBLEM DUE TO UNORGANIZED URBAN DEVELOPMENT 84 7.12.1 Conflict between the urban development proposed by IDA and by private agencies 84 7.12.2 Issues involved with the private development in unorganized manner 87 7.13 SELECTION OF THE CASE STUDY AND ANALYSIS CRITERIA'S 88 7.13.1 Basis of Evaluation 88 7.13.2 Evaluation Criteria's and their Indicators 90 7.14 CASE STUDIES: PRIMARY SURVEY 91 7.14.1 case study - local developer - Sarthak Construction 91 7.14.2 Case study - National developer - Omax township 95 7.14.3 Case Study III: IDA Scheme No 140 103 7.15 ANALYSIS AND ISSUES 109 8. STRATEGY 119 REFERNCES 129

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