land rates-market regime, new delhi

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Presentation on DDA & Land Market Regime By- P. S. UTTARWAR, Adviser (Planning) DELHI DEVELOPMENT AUTHORITY, New Delhi ,India ([email protected]) P.S.UttarwarAdviser (Planning), DDA.

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Page 1: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Presentation on DDA & Land Market Regime

By- P. S. UTTARWAR, Adviser (Planning)DELHI DEVELOPMENT AUTHORITY,New Delhi ,India ([email protected])

Page 2: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

DDA & Land Market Regime

• DDA is a sole authority for Planning, Development and Disposal of land, property.

• DDA’s monopoly over LAND,LANDUSE and MARKET(Supply side only) has resulted in property prices dictated by DDA.

• Therefore market eco-system did not developed in Delhi.

• Lets try to understand Components of Market Regime.

Page 3: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

COMPONANT OF MARKET REGIME

LAND

• Acquired• Private

LANDUSE

• MPD• CLU

MARKET

• Demand• Supply

There are 3 components of Market Regime.

Page 4: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

DDA NOIDA GURGAON

Land

Landuse

Market(Supply side only)

Control Over Land , Landuse and Market (Supply side only)

All 3 C Only 2 C Only 1 C

Page 5: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

DDA’s MONOPOLY

Property Prices Dictated

Eco System did not developed in Delhi

Page 6: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Law of Diminishing Returns

Peak Prices of past guiding average prices.

Absence of market economy

Page 7: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Monopoly

Diminishing Returns

Peak prices of past guiding average prices.

MARKET and PRICE MECHANISM

Page 8: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

WHAT NEXT ?

Page 9: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

LAND

NOIDA

LANDUSE

GURGAO

MARKET

NCR

NCR OFFERS BETTER ALTERNATIVES

Page 10: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

INTERIM MEASURES

• Social Responsibility Rates• Market Forces

LONG TERM BUSINESS MODEL

• Develop a eco-system with help of experts

Page 11: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

COMPONANT OF MARKET REGIME

International Best Practices

Page 12: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

To understand the character of the MARKET REGIME, following are a set of FOUR CRITERIA.

• 1) First, there are “Governing Relations” or the mode of interaction between

government officials and private business interests

• 2) Second, there is “Governing Logic” or the manner in which political decisions are

made.

Page 13: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

To understand the character of the MARKET REGIME, following are a set of FOUR CRITERA.

• 3)Third, there is the question of who the “key decision makers” are—that is, the various

combinations of politicians, bureaucrats, civil society activists, and so on that comprise the inner core of the governing coalition

• 4) Fourth, what are the “political objectives” behind decision making—including direct, tangible, and non tangible benefits for the political elites.

Page 14: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Based on these four criteria, following are FIVE MODES OF URBAN GOVERNANCE

• 1)Corporatist governance mode is characterized by broad consensus between

the state establishment, top bureaucrats, politicians, business leaders, and the civil society in establishing a growth oriented ecosystem to effectively compete at the global scale.

Page 15: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Based on these four criteria, following are FIVE MODES OF URBAN GOVERNANCE

• 2) In contrast, governing logic in the clientelistic mode - involves direct reciprocity, and governing relations are shaped by patron-client relationships between the politicians and the business groups

• 3)The distinctive feature of the “managerial” mode is authoritarian decision making by political elites, and its implementation through bureaucratic machinery.

Page 16: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Based on these four criteria, following are FIVE MODES OF URBAN GOVERNANCE

4)The hallmark of the “pluralist” mode is conflict management and accommodation of diverse interests into a broad coalition.

5)In contrast, in “populist”mode, mobilization of mass support takes precedence.

Page 17: Land Rates-Market Regime, New Delhi

P.S.UttarwarAdviser (Planning), DDA.

Thanks…………..