G1_E1_Improved Delivery of Serviced Land to the Market

Vedant H Patel

UH4000

A dwelling unit price consists of four cost components Land, transaction, Construction & Profit. The land is one of the highest contributors to a DU price breakup. The provision of serviced land will lower the ticket price of the DU by balancing through adequate availability of serviced land. Vadodara has 41% of the Urban footprint covered under the TPS and from that, only 23% of the TPS is in the Final Stage. Inefficient delivery of Serviced Land results in an increase in the unit price of the dwelling unit provided by the open market & monthly maintenance cost for a resident.

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Report Content

Introduction & Situation Assessment.

Envisioning the future for the city of Vadodara.

Positioning of the sub-strategy in the spectrum & Income Group Pyramid.

Problem Statement & review of the current framework - GTPUD Act 1976.

Situation Assessment of the TP Scheme in Vadodara & Issues faced by the residents living outside the TP Scheme boundary.

Case Study - Implementation Efficiency & Execution Efficiency of Municipal Corporation for the Physical Infrastructure.

Underlying Root Causes of the Problem & Reforms to the Current Policy Framework.

Audit of Development Plan Growth Zones & Phasing of the Future Envisioned TP Schemes.

Investment Plan of the City Infrastructure for TP Scheme & Conclusion.

City Investment Plan, Prioritization & Reforms in the Current Policy Framework.