A Look at Gurgaon 2021

Gurgaon Real estateThere is a mad scramble, as private developers submit applications for licence approval to Haryana’s Town & Country Planning (DTCP) department, as per Gurgaon-Manesar Master Plan 2021 provisions.

So far, 60% of the 400-applications for approval of licences received by the DTCP department, from private sector developers, are for residential projects.

According to the Haryana Government approved Master Plan 2021, 58-new residential sectors are to be developed by 2021, in order to cater to Gurgaon – Manesar’s projected 37-lakh population. To this effect, a total of 14,930-hectares have been ear-marked for development, which will take the total number of Gurgaon sectors from 57 to 115.

S.S. Dhillon, Director, Town & Country Planning confirmed his department had begun scrutinising applications submitted for approval of development licences in various categories provided for by the Gurgaon – Manesar Master Plan 2021.

“We have about 250-applications with us from the private developers, seeking licences for residential, commercial, group housing schemes and industrial zones, including the Information Technology sector. About 60% of these applications are for residential projects,? says Dhillon.

Already, HUDA and private developers, such as, DLF, Ansals, Unitech, Vatika, Bestech, Uppal’s, Rahejas and others, have together developed dwelling units ready for habitation on 8,000-hectares of land in Sector-57. These same developers owning big chunks of land in residential areas ear-marked by the new Master Plan 2021, are applying for building licences that will increase the number of dwelling units in these areas.

Sushil Ansal, Chairman of Ansal API confirms, his firm has also applied for licences. “We have acquired the required land for the projects and are now seeking a licence from the DTCP. However, many players have joined the licence seekers’ queue, without acquiring any land for building. I believe the government is very strict about such irregularities, no doubt, these applicants will be turned down,? he claims.

S.S. Dhillon confirms 200-applications of developers, who have failed to produce conclusive proof of land ownership, have been turned down. “We have returned 200-applications of the developers who have not procured clear title of the land. Unless, a land deal entry appears in the revenue record, no consideration is going to be given for their licence application,? says Dhillon.

Declining to comment on the time frame when licences for developing townships will begin to be distributed, he confirmed it was his department would start distributing licences for developing townships, however, he affirmed it was a time-consuming process.

But, realty market sources disclose private developer projects will be offered to consumers, within six months’ of acquiring the required licence from DTCP department. What it means for the already sluggish realty market, is a further supply of dwelling units come on the market, more supply than demand, leading to an adjustment of property prices.

Source: Hindustan Times

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2 Responses to “A Look at Gurgaon 2021”

  1. 1 ashish sharma Apr 8th, 2008 at 9:10 pm

    good work.

  2. 2 Sudhan Ram May 24th, 2008 at 8:05 pm

    I want to know the list of sectors which are to be developed by HUDA. Or all the sectors will be developed by private builders.


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