Showing posts with label real estate investment property. Show all posts
Showing posts with label real estate investment property. Show all posts

Tuesday, 16 June 2015

DHOLERA: THE BEST INVESTMENT FOR FUTURE



The proposed special investment region (SIR) will be the first-of-its-kind to be created in the state. The land prices here have quadrupled in the last two years. Soon there will be 185 kilometres of six-lane roads. The tiny village with a population of 4,500, mostly farmers who grow wheat, jowar and cotton, is prospering and looking forward to a sea-change.
  http://www.aamanigroup.com/


The roads are being built at a cost of Rs 1,584 crore to be linked with the Delhi-Mumbai dedicated freight corridor.Dholera also has greater possibilities of building modern port facilities. The Adani group might consider plans to build an eco-friendly port here.

 Dholera, which is situated in Ahmedabad district in the Gulf of Khambhat, is in proximity to road transport infrastructure and sea-port facilities. And what's more, the government has proposed to build an international airport near Fedara, 30 km from Dholera ensuring that the BEST PROPERTY DEALS become the USP of this region.

The manufacturing zone has been planned keeping in mind the windflow pattern so that industrial pollution flies out of the city. Dholera will be connected to the world through a new international airport on its outskirts, to the rest of the country through a new railway line and to Ahmedabad through a ten-lane highway.  

The entire city will run on a BRT system that can be converted into a light rail transport system in the future Every housing, office, and industrial complex will be within 10 minutes walking distance of some form of public transport.  All utilities including parking spots will be underground so that there is enough space to build pavements for pedestrians and dedicated cycle tracks It will be divided into five business districts and two knowledge zones.

The city will rely heavily on solar energy for its power requirements although a dedicated 1, 300 MW power plant is planned. A hierarchy of roads, from the main ten-lane artery cutting the city into two to four-lane interior streets, is planned for smooth traffic flow and proper intra-city connectivity.

India’s is urbanizing,so much that estimates suggest nearly 600 million of Indians will be living in cities by 2030, up from 290 million as reported in the 2001 census. Alongside the hordes of Indians go the jobs and the money as well Dholera SIR would generate 70% of the new jobs created by 2030, produce more than 70% of the Indian gross domestic product and drive a fourfold increase in per capital incomes across the country.

It will have modern waste management systems and facilities to recycle sewage water for industrial use. Housing has been so designed through the mixed use pattern that the work place is close to the residential complex. This might help in increase in INVESTMENT IN RESIDENTIAL, INDUSTRIAL AND COMMERCIAL POLT IN DHOLERA SIR.

Tuesday, 5 May 2015

LAND ACQUISITION BILL: COMPENSATION- II

In the previous part we have seen the benefits and features of compensation that was being offered to the people whose land was taken by the government for the development purpose, in this part we will see what are the cons of the compensation system of the bill. The bill has been criticized mainly for two things which are discussed in detail as below:


http://www.aamanigroup.com


First, there is a huge debate on account of whether such compensation amount would be enough or not. Activists argue that prior to the coming up of a development project, the market price is quite low particularly in rural areas or semi-urban areas, and so the compensation amount (up to 4 times the market price) may be too little for a landowner/farmer who is losing his/her livelihood in a big way. 

Corporates argue on the other hand that this compensation amount is too high particularly in urban areas where the prices may already be very high. They also state that once it is announced that a development project is going to be constructed in a particular place, the market price of that land increases significantly for any area (rural/urban) and so, the compensation amount would be too high to provide for a private producer or the government. 

Activists however reject this argument by stating that it would be a little share of the overall investment in the project and so would not affect the project budget significantly. Still, a compensation of up to only 4 times the market price seems low, and many Member of Parliaments suggested that this should be increased to at least 5 to 20 times the market price in at least rural areas if not urban.

Second, those who would be affected after the establishment of the project, they have not been considered at all in the bill although one could say that this was not the primary purpose of the bill, and second, one could address these through proper implementation and enforcement of the environment regulations for air and water (if not for land). There are issues with those norms though, but for once, this is a secondary problem with the bill itself.

There are other issues however, such as that compensation should not be denied/reduced even if land-for-land is provided, and that those who are losing their livelihood because of land acquisition should also be given monetary compensation. 

These are major issues which remain unaddressed in this version of the bill. Also, concerns were expressed by a few MPs, notably the Leader of Opposition Sushma Swaraj in the Lok Sabha, that many landowners who become rich overnight on getting compensation money do not understand what to do with this excess money and use it to buy cars and vehicles rather than invest it in some productive activity. That concern also remains. 

India is a democratic country and to bring an act that is as important as this one is a very humongous as well as delicate task. All the aspects need to be discussed in detail and then after lots of pondering ad discussions, such decisions need to be taken.

You also can have a say in this, just post what you feel is right or what is wrong on our website adsn we will make sure you are heard, if your point is valid.



Tuesday, 31 March 2015

THE BEST CITY OF INDIA: DHOLERA S.I.R.


There’s a slight difference between a SIR and a SEZ. For a SEZ, one needs to acquire the entire contiguous land. With a SIR, even partial land acquisition works. Dholera will be Gujarat’s first SIR, also the first under Delhi-Mumbai Industrial Corridor Project (DMIC), the joint initiative with Japan.

http://www.aamanigroup.com

The dream of the then CM of Gujarat and the incumbent PM of the nation of India is to develop the city of Dholera on the lines of the city of Shanghai; He has envisioned the site as the most suitable for the overall development and in  terms of connectivity to the ambitious freight corridor. 

One of the main industrial centers of China, playing a key role in China's heavy industries -Shanghai is the commercial and financial center of mainland China. In the last two decades Shanghai has been one of the fastest developing cities in the world. Since 1992 Shanghai has recorded double-digit growth almost every year except during the global recession of 2008 and 2009.It is dubbed as the best growing city of the Asian Continent with a high development rate and that to at a speed that makes it rank among the best ranking city in the world.

At Vibrant Gujarat, there was a special pavilion on Dholera Special InvestmentRegion (DSIR), described as a new Gujarat within Gujarat. The CM spoke proudly about it, describing it as something that would surpass Shanghai. 

With Gujarat there never have been much problem with the acquisition of land and the Dholera location is such that the advantages are obvious. The SIR site is identified over 903 sq km but only 550 sq kms will be developed with an economic activity area slightly less than 400. It will be a Greenfield township, within the SIR, the first, but not the only one. Others are also planned, along the coast and around DMIC.

By 2018 or thereabouts, Dholera should be in place. Not all States can replicate everything about Gujarat, even if one accepts rationale of greenfield and charter cities. But some elements, thinking big, faster clearances, should be imbibed. That’s common to both Pudong and Dholera.

The proposed infrastructure connectivity, with Dholera and outside it, smart city concepts and urban planning, are nothing short of overwhelming. For example, Dholera will largely run on solar power. There is already a draft development plan, in public domain. The location has been identified; work on the central spine road has started. The relevant area has been notified as DSIR. Work is almost complete at the airport. There is a master plan and there is also a project development corporation. The environmental clearances are almost over.
 

Wednesday, 25 March 2015

DHOLERA: AN ASSET



The proposed special investment region (SIR) will be the first-of-its-kind to be created in the state. The land prices here have quadrupled in the last two years. Soon there will be 185 kilometres of six-lane roads. The tiny village with a population of 4,500, mostly farmers who grow wheat, jowar and cotton, is prospering and looking forward to a sea-change.

http://www.aamanigroup.com


The roads are being built at a cost of Rs 1,584 crore to be linked with the Delhi-Mumbai dedicated freight corridor.Dholera also has greater possibilities of building modern port facilities. The Adani group might consider plans to build an eco-friendly port here.

Dholera, which is situated in Ahmedabad district in the Gulf of Khambhat, is in proximity to road transport infrastructure and sea-port facilities. And what's more, the government has proposed to build an international airport near Fedara, 30 km from Dholera ensuring that the BEST PROPERTY DEALS become the USP of this region.

The manufacturing zone has been planned keeping in mind the windflow pattern so that industrial pollution flies out of the city. Dholera will be connected to the world through a new international airport on its outskirts, to the rest of the country through a new railway line and to Ahmedabad through a ten-lane highway.  

The entire city will run on a BRT system that can be converted into a light rail transport system in the future Every housing, office, and industrial complex will be within 10 minutes walking distance of some form of public transport.  All utilities including parking spots will be underground so that there is enough space to build pavements for pedestrians and dedicated cycle tracks It will be divided into five business districts and two knowledge zones.

The city will rely heavily on solar energy for its power requirements although a dedicated 1, 300 MW power plant is planned. A hierarchy of roads, from the main ten-lane artery cutting the city into two to four-lane interior streets, is planned for smooth traffic flow and proper intra-city connectivity.

India’s is urbanizing,so much that estimates suggest nearly 600 million of Indians will be living in cities by 2030, up from 290 million as reported in the 2001 census. Alongside the hordes of Indians go the jobs and the money as well Dholera SIR would generate 70% of the new jobs created by 2030, produce more than 70% of the Indian gross domestic product and drive a fourfold increase in per capital incomes across the country.

It will have modern waste management systems and facilities to recycle sewage water for industrial use. Housing has been so designed through the mixed use pattern that the work place is close to the residential complex. This might help in increase in INVESTMENT INRESIDENTIAL, INDUSTRIAL AND COMMERCIAL POLT IN DHOLERA SIR.