ahmedabad - a vibrant city, a city of quality life for...

Ahmedabad- A vibrant city, a city of Quality Life for all

A estheticH armoniousM egaE nviornmental FriendlyD ynamic

A ffordable

B eautiful

A uspicious

D evelopment

Ahmedabad - A vibrant city, a city of Quality Life for all


Population Distribution

2006 Population701319, 13%

4899080, 87%

New AMC

Rest AUDA, periferi & others


2011 Population projection

5543080, 82%

1209237, 18%

New AMCRest AUDA, periferi & others

Population Distribution


population density pph

-50

0

50

100

150

200

250

East AMC West AMC East AUDA West AUDA AUDA(Rural) Other AreasOutside AUDA

pers

ons/

hect

ares

1981 1991 2001 2011


Ahmedabad-A Compact City

spatial expansion, as seen above, unlike Bangalore and Hyderabad, the city during the last decade expanded in a contiguous manner and remained compact (analysed based on Lan Sat image). This is due to excellent planning mechanisms of Dev. Plan and TP Schemes


Existing use ofAMC land(ha)

education &Hospitals

442.553%

Roads & Railway land

1798.6512%Village

Site/Gamtal895.59

6%

Open/Vacant Land

4473.3630%

Commercial472.64

3%

Residential6664.44

46%

Residential Commercial Open/Vacant Land

Village Site/Gamtal Roads & Railw ay land education &Hospitals


Proposed use of AMC land(ha)

Commercial263.06

1%

Residential8340.22

44%

Walled cities and village

sites(Gamtal)645.56

3%

Education387.32%

Industrial2793.23

15%

Agricultural/Recreational/Ope

n space/Gardens

1643.69%

Area under Reservations

1955.3710%

Roads and Railways2117.67

11%

Waterbodies(including rivers)

937.975%

Residential Walled cities and village sites(Gamtal)Industrial CommercialAgricultural/Recreational/Open space/Gardens EducationArea under Reservations Roads and Railways Waterbodies(including rivers)


Octroi tax Collection of the City

Income from Octroi

32451.1

30708.82

36130.57

40093.84

46229.76

2000-01

2001-02

2002-03

2003-04

2004-05

year

Rs. in Lakhs

NOTE: AMC has received a AAA+ rating from CRISIL which one of the highest for any municpal corporation in the country

Earthquake year

growth in last 3 yrs.


Infrastructure initiatives

• Expansion of Ahmedabad airport after investing 300 cr. Mumbai’s int. airport’s congestion to be noted.

• In last three years Cargo and Passenger traffic (Domestic and International) increased by 55% and 70% respectively.

• ICD (Inland Container Depot, A,bad) has shown 3 times growth in exports and imports


DESTINATION AHMEDABAD

Prestigious Projects Lined up– Sabarmati Riverfront Dev. Project– Two additional River bridges (under

construction)– Six Flyovers (under construction)– AUDA, Ring Road is near completion with partial

operations.– Metro rail– Mass bus rapid transport

.


Project Name(Ahmedabad)

Planned Total Investment

Ahmedabad Metro Rail Rs. 3200 Crore

Sabarmati River Front Development Rs.11,79 Crores

Ahmedabad Metro Bus Transit Rs. 250 CroresLake Development & Conservation Rs. 118 CroresInternational Convention Centre Rs. 200 CroresSewerage System in East AUDA Rs. 67 CroresFlyover (14) and ROBs (14) in Periphery Rs. 675 Crores

Infrastructure development in AMC & AUDA area

Rs. 412 Crores

Source: Economic times & Vibrant Gujarat

Advantage Megacity


Location Available Serviced Area

Sq.Kms.

Available Serviced Area

Hectares

Population Housed

Density

PPH

Infra.Cost

Lacs

HousesExpected

Nos.

Avg. CostPer HouseLacs

Housing Stock Cost

Crores

Western Area of AMC+ AUDA(RESIDENTIAL R1)

50 5016 20.5 410 982 514170 15 77126

Western Area ofAMC +AUDA(RESIDENTIAL R2)

30 3057 3.2 104 5985

79485 20 15897

Western Area of AMC + AUDA(RESIDENTIAL R3)

34 3406 1.3 39 333 22139 25 5535

Western suburbs Bopal, Ghuma, etc.

10 1035 2.2 213 20 55200 10 5520

TOTAL 124 12514 27.28 218 1934 670994 15 104077

Assumptions: 1. Net Serviced land is fully developed & occupied2. Factors like speculative , Sentimental holding, & litigation not considered.3. Densification process of existing western AMC area not considered.4. Pattern of holding additional house is not considered.5. Trade off has been made between house type, house size and available FSI

LAND SUPPLY


Unique Urban Planning

• Urban Planning Advantage– TP Scheme mechanism (Micro-level Planning)

• Serviced land• Development precedes occupancy• Unique Public-private partnership model• Self-sufficient for infrastructure

– Development Plan• Controls Speculation • Controls Haphazard development• Prepared by overlapping on the previous plan

(Continuity )• Facilitates long term investments.


Peri- urban Development

• Since last five years, AUDA has emerged as a leading urban development authority with true success stories

Excellent Road network facilitating Traffic Gardens and Parks Rejuvenating Water bodies Mascot technology EWS housing (5000 units) 76 Kms long (60 m wide) SP Ring road More than 110 TP Schemes covering 2410 Hectares

Compared to other counterparts such as Pune, Hyderabad and Bangalore, Ahmedabad peri-urban areas are far ahead in aspects of urban planning, urban infrastructure and conservation of urban environmental values.


Permissions by AUDA & AMC

New construction Activities

2005 Projected

0

500

1000

1500

2000

Total Permissionsgranted by AUDA

629 1136 1338 1476 801 1602

Total Permissionsgranted by AMC

245 889 1077 1220 534 1068

2001 2002 2003 2004 2005(June)

2005 Projecte

Data Source: AMC & AUDA


Houses Supplied in Vejalpur

Number of Houses in Vejalpur

0

10000

20000

30000

40000

Year of Records

Num

ber o

f HO

uses

No.of Houses 15630 17921 18524 22830 32930

Difference 2291 603 4306 10100

2001 2002 2003 2004 2005

% increase

Source: Vejalpur Nagarpalika


Vehicles

Growth of two wheelers in Ahmedabad 1990-2003

0

2

4

6

8

10

12

1990

-91

1991

-92

1992

-93

1993

-94

1994

-95

1995

-96

1996

-97

1997

-98

1998

-99

1999

-00

2000

-01

2001

-02

2002

-03

Year

No.

of t

wo-

whe

eler

s(in

lakh

s)

tw o w heelers



NRG Wealth in Ahmedabad– Rise in consumerism– Growing affluence of Middle class– Purchasing power (PP)High net worth Entrepreneurs in Ahmedabad

– Mahajan Qualities– Professional Institutional Setup– Business Chambers


CONNECTIVITY AHMEDABAD

Regional Connectivity– South Connectivity A’bad-Mumbai N-Highway Recent 4 lanes

– South East Connectivity A’bad-Baroda Expressway– North Connectivity A’bad-Palanpur S-Highway (toll Road)– North-East Connectivity A’bad –Himmatnagar N-Highway (toll

Road)– South-West Connectivity A’bad-Rajkot-Kandly N-Highway (toll

road)– West Connectivity-A’bad-Viramgam-Kandla (recent Concrete

Pave)

NOTE: About 6 high quality roads connects about 25 urban towns having a total population of 18 Lakhs



. Industrial Development around Ahmedabad– City :- Naroda, Odhav and Vatwa – North:- Chatral– West:- Khatraj & Sanand– South-West: -Changodar.

• Boom in Agro-industries due to Narmada & Sujalam Suflam Water grids

• Two SEZ in pipeline at distance of 20 Kms


Affordable Real Estate Prices

• Ahmedabad Real Estate Prices are lower than 6 other megacities, and 12 metropolitan cities, including Surat and Rajkot. In coming years, Ahmedabad prices are expected to be at par with with comparable megacities such as Hyderabad and above all othermetropolitan cities.


Commercial Rent Comparison

Grade A office Base Rent

0

5

10

15

20

25

30

35

40

Ahmed

abad

Chandig

arh

Nagpur

Indore

Kolkata

Pune

Rent

(INR

per

Mon

th)

Grade A office Base Rent


Different Avenues of Investment

• Plotted Agricultural Land.• Developed Non Agricultural Plots.• Residential Bungalows & Apartment type Units.• Shops & Showrooms individual & in malls.• Godowns & Warehouses.• Health and Hospitality Properties• Office spaces, I. T. Parks & Call Centers.• Hoarding & Terrace Spaces .• Party Plots, Garden Restaurants & Recreational Units.• Studio Apartments.• Senior Citizen Colonies for High-worth people


Ahmedabad closed textile mills

• Total Area occupied = 33,00,000 Sq. mtsOwnership No. of closed mills

GSTC 18NTC 5Private 30• Located in CBD/ Main City

• ALL infrastructure laid and available

• Cheap labour due to eastern proximity is available ( esp. textile/eng/

diamond)

• One SEZ proposed in Calico Mills by state owned GIDC

• Few are at the excellent location for Hyper markets and super markets.

• Location attracts elite public staying in posh areas maninagar, shahibaug,

etc. for recreational ventures

Strategically located that they can be used to aerial movement of High security VIPs


Change in mindset of developer

• More consideration given to structural stability, earthquake resistantconstruction and other technical aspects.

• Improved quality of finishes with International standards in buildings.

• A great thrust is found in setting up good ambience & high level of infrastructure.

contd.


• Great improvement in Customer satisfaction

• Strict adherence to the sanctioned plans.

• Projects are completed as scheduled & timely Building Use (BU)Permissions are obtained.

• Developers follow “ THE CODE OF CONDUCT”and “BUSINESS WITH ETHICS”

Change in the Mindset of Developer


Opportunities in ITES sector

Ahmedabad has all the required Infrastructure for ITES destinations primarily due to rapid improvement in infrastructure (power, international bandwidth and urban transportation) and lower manpower costs due to lower cost of living.


City Rankings for ITES prospects

City RankHyderabad 1Kochi 2Ahmedabad 5Bangalore 6Mumbai 7NCR 8Pune 9

Source: Rediff.com, rankings by NASSCOM


ITES Labour CostsLabour Costs

Ahmedabad, 49

Chandigarh, 57

Nagpur, 63

Indore, 69

Delhi, 100

Pune, 91

Kolkata, 80

0

100

LabourCosts


ITES Prospects

Ahmedabad is strong in Web site services and Web applications, call / contact centers and back-office operations.

Uninterrupted Power supply is the most positive factor.

High NRG population working in USA and UK show tremendous prospect of ITES industry in Ahmedabad.

Another problem is that despite good educational infrastructure, many students migrate to Mumbai each year in search of better prospects. This drain needs to be stanched to retain local talent


Capital Value Advantage

Size Cost Total Cost5000 sq.ft. 8000 rs/ sq.ft 4 CroresInventory Cost 6 CroresTotal Cost 10 CroresReal Estate Capital 40%

Example C.G. Road

In other cities the capital cost for such space in prime locations would cost more than 70% of the total capital invested.

This makes Ahmedabad a lucrative destination for Retail ventures


Product Mix and Choice

• Ahmedabad is a unique city where a small shop admeasuring 150 sq. ft. to big showrooms of 30000 to 40000 sq. ft. are available.

• Housing dev is well spread and distributed into combined clusters of LIG, MIG and HIG. Such devs discourage any slum development or large ghettos such as ‘Dharavi’ in Mumbai

• Ahmedabad has various house types like small and big row houses, tenements, twin bungalows, duplexes, super bungalows, self-built bungalows, lower and middle size economy apartments, high end luxurious low rise and high rise apartments, and many other combinations


OPPORTUNITY AHMEDABAD

Attractive legal measures• Amendment in the Rent Control Act.• Repeal of ULC Act• Amendment in GTPUD Act.• System improvisation in obtaining non-agricultural

permissions for land.• System improvisation in Stamp Duty Registration.• Simplifying few of the age old revenue laws like 8 km

restriction for buying agriculture land and New tenure to old tenure conversion for agriculture purpose.

• E-governance by AMC.• Rationalization of Stamp duty.


OPPORTUNITY AHMEDABAD

Attractive legal measures (cont.)

• Sanction of revised AUDA development plan.• Sanction of sizable numbers of town planning schemes by AMC &

AUDA.• Simple systematic and earthquake resistant building bye laws.• Creation of Appeal Committee for clarification in hardship in building

bye laws• Bringing professionalism to the business with Civil Engineering

institutes and registration of Developers, Engineers, Structural Engineers, Architects and Clerks of Works, etc.

• Promoting self sustained high level technical education.• Various promoting measures under vibrant Gujarat activities.• Creating NRG foundation for enabling foreign investments by

Gujarati’s residing abroad.• Achievements in educational and health projects by Govt. of Gujarat.• Increase in AMC Limits till the Sardar Patel Ring road


• ENTRY & EXIT TO REAL ESTATE BUSINESS IS EASIER COMPARE TO OTHER CITIES.

• ALWAYS GOOD SUPPLY IN REAL ESTATE MARKET.• DEVELOPERS WORK AS CONTRACTOR WHICH IS NOT THE

CASE WITH OTHER CITIES. HENCE SAVING IN CONST COST.• DEVELOPER HIMSELF HANDLES THE MARKETING ASPECT BY

WHICH A GREAT COST SAVING ON THIS.• NO SEPARATE AGEENCIES FOR LIASONING & CONSULTING.• DIRECT MATERIAL & HARDWARE PURCHASE FROM NEARBY

LOCATIONS LIKE MORVI, JAMNAGAR,KANDLA, RAJNAGAR etc.• DUE TO ENTERPENURSIP QUALITY HIGHER BUSINESS

TURNOVERS WITH LESSER PROFIT.

Why is Ahmedabad Affordable?


BRAND AHMEDABAD

Bio tech hub of the future Proximity to port economy , boost of trade Largest Denim manufactures, existing

‘Denim Capital of the world” Arvind mills, ashima textiles, modern, Homa, etc.

Generation percolated textile and weaving industry Gujarat’s untapped Largest Coastline in the Country advantage Largest Pharmaceutical Hub of the country Excellent Law and Order conditions. Uninterrupted Power Supply Tremendous potential in terms of Medical Tourism


Corridors of new development

• Corridor 1: Airport- Hansol• (Proximity to the Airport)• Landmark existing developments are E.D.I.,Mother Dairy, Torrent

Research Institute,Plasma Research Institute etc.Prestigeous Healthcare centres like Apollo & Rajasthan Hospitals are also nearby.

• Sabarmati Revines provides locations for natural Resorts, Parks, Golf courses. This corridor is very well connected with both Ahmedabad & Gandhinagar. – Type of Possible Developments in this corridor– I.T.Parks & Call Centres.– Residence Townships– Recreational Parks– Resorts & Hotels– Research Centres


Corridors of new development

• Corridor 2: S.P.Ring road to MakarbaExtension of Ambavadi & Satellite Areas

• Landmark developments are Sahara Township, Vraj Gardens, MICA Institute. Proximity to Sanand & Changodar Industrial Hubs. Catchment for this corridor is development in Bopal & Ghuma villages.– Type of Possible Projects in this corridor.

• Townships• Resorts• Entertainment malls• Shopping malls


• Corridor 3: Science city to GandhinagarKnowledge Corridor declared by Govt. of Gujarat.Just on the outskirts of the city. Landmark developments are

ScienceCity, Bhagwat Vidyapith, SAL Hospital & College, Highcourt, DIIT, NIRMA University, Indira Gandhi Open University, SGVP, Hiramani School. Khatraj & Kadi are nearby Industrial developments.

This corridor is nicely looped & encircled by two major roads like 200’Sardar Patel Ring Road & Ahmedabad Mehsana Highway.

Types of possible developments in this corridor.Educational Institutes.Residential TownshipsBusiness CentresBPO centresHotels.Multiplexes


• Corridor 4: Outside AUDA– Areas: Racharda, Sheila, LapkamanAbout 10 km. From S.G.Highway. About 3 to 4 km. From S.P. ring

Road, Possiblity of getting water from Narmada Canal. Thol village: Birds Paradise, is located in this corridor. Three major district roads are passing through this corridor.

– Type of Possible Developments.• Garage malls (Hyper marts)• Resorts• Golf Course• Farm Houses.• Nurseries & Orchards.


LATEST UPDATES.

Good News for Gujarat, Slash of 2.4% in Stamp Duty

Govt. of Guj. Budget 06-07.

Thank You

ahmedabad - a vibrant city, a city of quality life for...

Documents