??|?? August 27, 2012 ?? 09:33am ??|
GURGAON: In the past two decades Gurgaon has seen its boundary expand by a radius of nearly 8-10km. The past five years have also seen three master plans, announced in quick succession ? of 2021 in 2007, of 2025 in 2011 and of 2031 in August 2012. The three plans, however, don?t address power and water generation, storage and capacity building in any way.
According to Rohan Sharma, manager, research &?real estate?intelligence service,?Jones Lang LaSalle?India, ?In terms of absolute numbers, the changes are incremental by less than 10%, which seem inadequate. As has been the trend, most such projections have fallen short. The revision has been necessitated by the growth already seen in the current period, and thus an over threefold growth in population has been estimated.? Also, bringing areas not in the earlier master plan under development aids, benefits the speculators, land owners as well as realtors who have already acquired land before the area was brought under the master plan.
Gurgaon has been at the forefront of frenetic real estate activity driven by demand for office space and housing. The burgeoning population growth estimate and the robust nature of development, especially residential, has fuelled the need for a dynamic master plan exercise. Experts, however, feel the master plans are too ambitious.
?Issues such as power capacity building, environment impact assessment have not been addressed. The present state of road infrastructure raises doubts on whether the authorities have come good on their promises and if the projected plans will fructify in time,? added Sharma. Several registrations were made by the district revenue department in the newly added residential sectors under Master Plan 2031 by real estate developers in 2010, 2011 and this year. The new registrations indicate that denotificaton of SEZ has been lucrative to realtors and the landowners who had not sold their land so far. Some of the major developers which purchased lands from farmers are Ramprastha Group, Orris, Bestech and DLF New Gurgaon among others.
When deputy commissioner P C Meena was asked whether there was any rule which restricts registration of sale deeds in areas notified under acquisition sections and allowing such registrations might lead to developers purchasing land at much lower rates from owners who fear land acquisition, the DC said, ?The state has the best compensation policy and land owners must not fear.?
Many a times farmers and landowners sold land at lesser than market rates, fearing their land would be acquired by the government, says Dr Sanjay Sharma, managing director,?QuBREX. Senior town planner R K Singh confirmed that a massive area demarcated for SEZ has been changed to agricultural land, residential and commercial zones. The value of the land would have appreciated by 5 to 10 times by this change, says Sharma. So much of the residential & commercial zone in these new sectors has the potential to move the centre of gravity of Gurgaon from the left side of NH-8 to the right side towards Manesar.
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http://timesofindia.indiatimes.com/city/gurgaon/Grand-paper-plans-ignore-ground-realities/articleshow/15792830.cms
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