If the MoUD GoI asked for ULCRA to be repealed as part of JNNURM then how
can they ask for this reservation now for commercial space. Is this an
ADDTIONAL RFORM DEMAND?
I request you to look through the exahusitve 100 pager new reform checklist.
http://jnnurm.nic.in/what'snew/New_Reforms_checklist.doc
by this standards All JNNURM cities are being run EXCLUSIVELY from Dli but
selectively seemingly progressive reforms are being relegated and the role
for FIRE finance Insurance and real estate is being stoked up
In addition to this a 20-25 % land bank of all developed alyouts for EWS/LIG
housing as apart from -------- NO RESERVed land for slum housing and no
assurance on IN SITU upgradation
*Clearly ALLOWING JNNURM TO CONTINUE CREATES MORE SPACE FOR THE MOUD to flex
its muscles to dominate cities and assign a role to cities for promoting
private investment.*
*if during the 90s after 74th CA we were struggling to get freedom for
cities govts from domination by states NOW the states have vacated that
space for the centre where it does not have any legtimate role accept to
sanction funds based on *real citizens needs
Vinay
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*
*
*Ministry for 12% of urban land for commercial use**
*MAYUR SHEKHAR JHA & RAJAT GUHA
NEW DELHI: The urban development ministry has proposed that all states
should notify at least 10-12% of the the land fit for urbanisation for
commercial use. The idea to demarcate commercial space within urban centres
stems from the recent demand for real estate space generated by the retail
sector.
In a note circulated recently, the Union urban development ministry has
asked states to improve management of city planning exercises, with due
attention to creating adequate commercial space. As per the note, states
will have to notify at least 10-12% of their land fit for urbanisation for
commercial use such as malls, multiplexes and other retail spaces. At
present, though this area varies from state to state, it is just about 6-7%
in most cases.
"The policy move is aimed at incentivising organised retail, especially in
tier II and III cities," a ministry official told ET. Sources in the
ministry say that the move is a result of rigorous lobbying by concerned
stakeholders, mainly the upcoming retail chains such as Reliance,
Bharti-Wal-Mart and the Aditya Birla group.
All these groups have aggressive plans in the retail sector, evident from
the fact that Sunil Mittal recently announced a $8-billion investment in
retail. Reliance's investment is also expected to be of a similar size.
However, lack of quality real estate is being considered a major impediment.
It is estimated that between the three prominent upcoming ventures, more
than 250 million square feet of retail space will be needed by 2010.
International retail chains Tesco and Carrefour are likely to announce their
India plans in 2007 itself. In addition, existing biggies like Pantaloon,
Shoppers' Stop and Piramyd are also set to embark on an aggressive expansion
drive. This will put the overall demand close to 400 million square feet. On
the other hand, going by present projections, just about 150 million square
feet of retail space will be available for use in this time frame.
"This is very much an issue of concern for policy makers and in the days to
come, the sector could very well see many more reforms. In some states,
bringing about a reform in the urban land ceiling and regulation act is in
the pipeline," the official added. In fact, this act was recently repealed
in Delhi as a model for other states to follow.
can they ask for this reservation now for commercial space. Is this an
ADDTIONAL RFORM DEMAND?
I request you to look through the exahusitve 100 pager new reform checklist.
http://jnnurm.nic.in/what'snew/New_Reforms_checklist.doc
by this standards All JNNURM cities are being run EXCLUSIVELY from Dli but
selectively seemingly progressive reforms are being relegated and the role
for FIRE finance Insurance and real estate is being stoked up
In addition to this a 20-25 % land bank of all developed alyouts for EWS/LIG
housing as apart from -------- NO RESERVed land for slum housing and no
assurance on IN SITU upgradation
*Clearly ALLOWING JNNURM TO CONTINUE CREATES MORE SPACE FOR THE MOUD to flex
its muscles to dominate cities and assign a role to cities for promoting
private investment.*
*if during the 90s after 74th CA we were struggling to get freedom for
cities govts from domination by states NOW the states have vacated that
space for the centre where it does not have any legtimate role accept to
sanction funds based on *real citizens needs
Vinay
\\\\\\\\\\\\\\=====================\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\---------------------\\\\\\\\\\\\\\\\\\\\\\\\\\-----------
*
*
*Ministry for 12% of urban land for commercial use**
*MAYUR SHEKHAR JHA & RAJAT GUHA
NEW DELHI: The urban development ministry has proposed that all states
should notify at least 10-12% of the the land fit for urbanisation for
commercial use. The idea to demarcate commercial space within urban centres
stems from the recent demand for real estate space generated by the retail
sector.
In a note circulated recently, the Union urban development ministry has
asked states to improve management of city planning exercises, with due
attention to creating adequate commercial space. As per the note, states
will have to notify at least 10-12% of their land fit for urbanisation for
commercial use such as malls, multiplexes and other retail spaces. At
present, though this area varies from state to state, it is just about 6-7%
in most cases.
"The policy move is aimed at incentivising organised retail, especially in
tier II and III cities," a ministry official told ET. Sources in the
ministry say that the move is a result of rigorous lobbying by concerned
stakeholders, mainly the upcoming retail chains such as Reliance,
Bharti-Wal-Mart and the Aditya Birla group.
All these groups have aggressive plans in the retail sector, evident from
the fact that Sunil Mittal recently announced a $8-billion investment in
retail. Reliance's investment is also expected to be of a similar size.
However, lack of quality real estate is being considered a major impediment.
It is estimated that between the three prominent upcoming ventures, more
than 250 million square feet of retail space will be needed by 2010.
International retail chains Tesco and Carrefour are likely to announce their
India plans in 2007 itself. In addition, existing biggies like Pantaloon,
Shoppers' Stop and Piramyd are also set to embark on an aggressive expansion
drive. This will put the overall demand close to 400 million square feet. On
the other hand, going by present projections, just about 150 million square
feet of retail space will be available for use in this time frame.
"This is very much an issue of concern for policy makers and in the days to
come, the sector could very well see many more reforms. In some states,
bringing about a reform in the urban land ceiling and regulation act is in
the pipeline," the official added. In fact, this act was recently repealed
in Delhi as a model for other states to follow.