1united Vikas Welfare Society Brochure 3

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UNITED VIKAS WELFARE SOCIETY (Regd. Under Act of 1860 Regd. No. S/RS/SW/1051/2013) Office: RZ-24A, (1 st Flr) PALAM VIHAR, (Behind MTNL & ICON School), SECTOR-6, DWARKA, NEW DELHI-110075 9013965226, 9868804555 Email id: [email protected] URL: www.unitedvikaswelfaresociety.in MEMBERSHIP NOW OPEN Applications Invited SUMMARY OF OFFERING Society will build apartments under Master Plan Delhi (MPD) 2021 in Zone ‘L’- West of Dwarka Society will continue to acquire land from farmers in the open market. At least 4.82 acres have to be acquired. The land can be in several parcels. Society intends to acquire minimum 5 acres and upto 20 acres over next two years. The acquired parcels have to be surrendered to DDA under Land Poling Policy of MPD 2021 DDA will give back 43 % land in one parcel “near” (within 5 kms) the largest parcel surrendered. On 43 % land we can build approx 75 apts per acre of returned land averaging 1500 sqft each. In addition, Society has to build EWS apts (15% free FAR available for this). 50% of EWS apts @Rs 2000 /sqft linked to April 2013 CPWD index to be sold to DDA. The balance 50% will be sold to Society members at market rate for their maids, drivers etc. Construction likely to start in 2017. Completion likely in 2020. Construction linked payment plan and bank loan will be available for construction. EDC, IDC, Size of EWS flats & some other elements of cost not known at the present moment, Therefore, we can only make an intelligent guess of the price of apartments, which in 2018-2019 Rupees is @3700/sqft. + Cost of Parking. Call – 9013 965 226, 9868 804 555

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Transcript of 1united Vikas Welfare Society Brochure 3

  • UNITED VIKAS WELFARE SOCIETY (Regd. Under Act of 1860 Regd. No. S/RS/SW/1051/2013) Office: RZ-24A, (1st Flr) PALAM VIHAR, (Behind MTNL & ICON School), SECTOR-6, DWARKA, NEW DELHI-110075 9013965226, 9868804555

    Email id: [email protected] URL: www.unitedvikaswelfaresociety.in

    MEMBERSHIP NOW OPEN

    Applications Invited

    SUMMARY OF OFFERING

    Society will build apartments under Master Plan Delhi (MPD) 2021 in Zone L- West of Dwarka Society will continue to acquire land from farmers in the open market. At least 4.82 acres have to be acquired. The land can be in several parcels. Society intends to acquire minimum 5 acres and upto 20 acres over next two years. The acquired parcels have to be surrendered to DDA under Land Poling Policy of MPD 2021 DDA will give back 43 % land in one parcel near (within 5 kms) the largest parcel surrendered. On 43 % land we can build approx 75 apts per acre of returned land averaging 1500 sqft each. In addition, Society has to build EWS apts (15% free FAR available for this). 50% of EWS apts @Rs 2000 /sqft linked to April 2013 CPWD index to be sold to DDA. The balance 50% will be sold to Society members at market rate for their maids, drivers etc. Construction likely to start in 2017. Completion likely in 2020. Construction linked payment plan and bank loan will be available for construction. EDC, IDC, Size of EWS flats & some other elements of cost not known at the present moment,

    Therefore, we can only make an intelligent guess of the price of apartments, which in 2018-2019 Rupees is @3700/sqft. + Cost of Parking.

    Call 9013 965 226, 9868 804 555

  • FACILITIES IN SOCIETY (IDC will cost extra) FACILITIES IN SOCIETYs CLUB

    IF SOCIETY ACQUIRES BETWEEN 5-10 ACRES:- 1. ATM*/Milk Booth**/Vegetable Shop**. 2. For security CCTV cameras at the gate, in the lifts & common areas. 3. Power Back up on payment basis 4. Clothes pressing, wash & fold will be available on payment basis. IF SOCIETY ACQUIRES BETWEEN 10-15 ACRES 1. Squash 2. Billiards 3. Card Room 4. Badminton Courts 5. Auto opening Boom barrier for exit of Cars 6. Entrance with automatic Boom barrier for Members Cars 7. Whole of Society will be made a Wifi campus on payment basis 8. Children Crossing Guards at School hours on payment basis 9. Remote monitoring of inside of apartments available on payment basis 10. Crche for pre school children as well as baby sitting for school kids after school hours on payment basis.

    IF SOCIETY ACQUIRES MORE THAN 15 ACRES 1. Indoor Swimming Pool if permitted by authorities (Partial heating with Solar hot water). 2. Tennis Hard Court 3. Jogging Track 4. Fragrance Garden 5. Electric Vehicle for Super Senior citizens for movement inside Society (Free) 6. Electric Vehicle for nearest Metro Station on payment basis. 7. Rental Cars on premises on payment basis. 8. Doctors for consultation on payment basis. 9. Air Conditioned Meeting Hall for Functions/Movies on payment basis. 10. Golf putting green and driving range on payment basis. 11. Gymnasium. (Special hours for Ladies) on payment basis. 12. Coffee Shop. Will serve different meals on different days on payment basis. 13. Machine dry cleaning will be available on payment basis. ESTIMATED COST OF APTS: Our best estimate taking various variable and unknown (again estimated) costs into account is Rs 3700/sqft + cost of Parking. There will be several Annual General Meetings before construction begins. Members can decide what the Society should or should not provide.

    PARKING: Each member will get a credit of Rs 250/sqft (not included in Rs. 3700/- per sqft) which can be applied to pay for 4 wheeler/2 wheeler parking. The cost of open parking for a 4 metre car will be Rs 2,00,000 & for a two wheeler Rs 20,000. The payment for large car parking, & covered parking will be higher. The payment for 2nd car parking will be higher & the payment for third car etc. (if available) will be higher still. . *Will be near the Society gate with entrance from outside the Society. **Will be open both inside and on the outside with a grill window, to serve outside customers

  • SCHEME : MEMBERSHIP FOR OWNING YOUR OWN FLAT WITHIN DELHI AT A VERY REASONABLE PRICE UNDER MASTER PLAN DELHI (MPD)-2021 (As announced by Ministry of Urban Development/DDA) The National Capital Territory of Delhi (NCT) comprises approximately 1483 sq. kms about half of which has already been urbanized. The existing urban areas are classified under different zones such as : Zones A TO H. New urbanisable areas in NCT cover around 700 sq. kms. As notified under the proposed MPD 2021, Private Builders/Societies will be permitted to construct housing units/flats in designated Urban Extension areas : code-named as Zones : PI, PII, N, K, L & J. The Societies will directly purchase land from the farmers and will hand over the land to DDA. DDA will develop land and thereafter will return only 48% of the land to the Society for construction. This 48% of the land to be returned by DDA, could be the same piece of land purchased by the Society or some other piece of land within a radius of 5 kms of the land purchased by the Society. United Vikas Welfare Society (UVWS) proposes to purchase land under ZONE L. This zone is the largest of the proposed Urban Extension Areas located in West & North-west of Dwarka subcity. Our Society, intends to buy land and build apartments in Zone-L, nearest to the proposed Metro Stations in Phase II and upcoming Metro Stations in Zone-L under Phase-III (completion 2015-16); and under Phase-IV to come up in future. MEMBERSHIP : Applications are invited for membership. Any person who is a citizen of India and can afford owning his/her own house/flat, is eligible to become member. Grant of membership will be on first-come first-serve basis. Each member will pay one-time Non-refundable Membership Fee of Rs.500/-. In addition, non-refundable yearly amount of Rs.3000/- (i.e., @ Rs.250/- per month) towards contingent running expenses of the Society will also be payable by every member. MEMBERSHIP CERTIFICATE : Every enrolled member will be issued a Membership Certificate. UVWS being a welfare society, share certificate will NOT be issued. Therefore, the Membership Certificate will serve and hold good for all purposes. SURRENDER OF MEMBERSHIP : A member can surrender his/her membership by making a written request. The amount deposited by the member shall be refunded as per following procedure : REFUND : Members may please note that amount deposited towards Land Cost or Construction Cost etc., shall be refunded to the member only after a new member joins in his/her place. TRANSFER OF MEMBERSHIP : A member will be allowed to transfer his/her membership. The transfer will be subject to approval of the application of the new member by the Management Committee. The approval will be in the form of a NOC, after which the new member will formally apply for membership by paying the prescribed membership fee of Rs 500/- and other charges, as applicable. LAND USE PLAN IN ZONE-L : According to MPD2021, urban extension areas are to be planned with a density of 800-1000 persons per hectare. Zone-L covers an area of 21,933 hac. and is bounded by the following: (i) Delhi-Rohtak Railway line and NH10 (Rohtak Road) in the North. (ii) Existing HT line and Zone K mainly comprise of Dwarka Sub-City, in the East ; and (iii) The National Capital Territory of Delhi boundary on its southern and western sides touching Gurgaon. In this zone, there are 58 villages, including one Census Town known as Najafgarh. A part of revenue areas of 6 villages located in Zone K also fall in this zone. MAIN CHARACTERISTICS OF ZONE L : Proposed Zone-L is the largest of 15 zones of Delhi and is predominantly rural in character. Najafgarh is the only census town. Most of the area of Zone L forms part of the Najafgarh drainage basin. The topography of the zone depicts gentle slope from North to South. Najafgarh drain originates from Najafgarh Jheel in the South-west Delhi-Haryana border and traverses a length of about 51 kms. WATER AVAILABILITY & SUPPLY : The present availability of potable safe drinking water in this area is inadequate. Most of the water requirement is currently met by tube wells. However, the output performance of tube wells has shown a declining trend. It is expected that Delhi Jal Board will arrange water supply as in the rest of Delhi for the new development. In order to meet water shortage, the Society also proposes to have its own Water Treatment Plant so as to recycle kitchens and bathrooms waste water.

  • PROPOSED LAND USE IN ZONE-L : To accommodate about 20 lakh population following land use distribution has been proposed:- Sl. No. Use Area in Hac. %age 1. Residential 5,539 47.70 2. Commercial 600* 5.17 3. Industrial 560** 4.82 4. Public/Semi Public Facilities at city level = At neighbourhood level (1703) 1,140 563 14.67 5. Govt. (Use undetermined) 658*** 5.67 6. Recreational 1,492 12.85 7. Transport 930 8.01 8. Utilities 129 1.11 Total 11611 100.00 * 480 hac. of Commercial use **160 hac. of Industrial use ***325 hac. of Govt. Land (Use undetermined) 75 hac. of Recreational use RUNNING EXPENSES OF THE SOCIETY : The running expenses of the Society include office building rent, office infrastructure, staff expenses, computer/internet expenses, telephone, transportation, and other utilities which are estimated to be Rs.250/per month per member. The running expenses for full year will be deposited in advance each year by each member. TYPE OF PROPOSED FLATS/UNITS : Society proposes to construct the following types of Flats/Units :

    S.No. Category of Flats/Units Size Tentative/Estimate Price

    ( in 2017-20 Rs ) 1. 5 BHK Pent House 3500 sft 1,20,00,000 2. 4-BHK + 4 toilets + Ser Rm + Toi + Family Rm + Store

    or Pooja Room 2250 sft. 83,25,000

    3. 3-BHK with 3 toilets + Ser Rm + Toi +Store or Pooja Room

    1700 sft. 64,60,000

    4. 3- BHK + 2 Toi + Store/Pooja Room 1400 sft. 53,45,000 5. 2-BHK + Study + 2 Toi 1100 sft. 42,90,000

    6. 2-BHK + 2 toilets + Store/Pooja Room 900 sft. 35,10,000 * The price for 2 BHK is Rs. 100/- per sqft higher than 3 BHK, and for 4 BHK it is Rs 100/- per sqft lower (than 3 BHK) . (since per sqft. construction cost of smaller apartments is higher.) EWS Flats : As per DDA guidelines, the Society is obliged to construct 15% of the total area of flats constructed for the members as EWS flats with an area of between 32-40 sq meters each. 50% of the flats will be given to DDA at a price of Rs 2,000/sqft linked to CPWD price index of April 2013. The balance 50% of the EWS flats will be for use of members of the Society for their maids, drivers etc. The construction of EWS flats will be a small burden on the members. We estimate this burden to be Rs 100/sqft in the cost of flats for the members. NOTES : - (1) In case the number of applications received for a particular category of flats/units are too low, the category will be dropped. In that event, the members will accordingly be kept informed. (2) Land Cost is fixed for members. However, a variation of 5% may occur. Land cost is likely to go up rapidly when the Sector Plan is notified and more Societies & builders move in to acquire land. The Society is considering buying land in Zone-L as close as possible to the Dwarka proposed Metro Stations to be built under Phase III & Phase-IV. (3) Society will offer 12% interest to those members who can pay more than the demanded amount of installment. The amount of interest will be calculated for the period they advance this money.

  • (4) 18% interest will be levied on delayed payments beyond 7 days, on scheduled installments. In case of mitigating circumstances, the Management Committee may reduce the interest to 12%. (5) The cost is likely to get reduced by selling commercial space. (6) It may be desirable to recycle water to reduce requirement of fresh water. This may entail some extra cost upfront but will reduce cost of water which is high now and going to climb higher. The water from shower & sinks will be treated & used for flushing. (7) The fresh water supply to each apartment will be metered. Note: Caveat on Payment Plans: Members may please note that on a date, unknown to us at present, DDA will invite Societies, Builders and other to surrender land for Land Pooling. From that date we will have six months to surrender the land for land pooling. At that time we will ask members to bring forward the remainder payments within two months so that we can complete land purchases for pooling within the six month period. A suitable discount will be given to members for bringing forward their remaining payments.

    COST OF CONSTRUCTION: The construction cost is based on price of construction materials and labour cost prevailing in the year 2013-14. Current estimated construction cost with stilt & one basement with 10-14 floors works out to about Rs.1900/- per sq. ft. The following will be other elements of construction cost :- (a) The rise in cost of materials and labour between 2013/14 & 2017/19. (7% increase each year is minimum). (b) The impact of building 50% EWS flats to be sold to DDA indexed to April 2013 @ Rs 2000/sqft & building 2 separate compounds for EWS apts & one main compound for members. (c) EDC to be levied by DDA. (d) IDC for internal facilities like Club etc. (e) The charges by Delhi Jal Board/Discom & other statutory charges like Land Conversion Charges. (f) Waste Water Treatment Plant for water recycling etc. Any other unforeseen system/equipment which may be needed for the project PAYMENT OF CONSTRUCTION COST : Construction cost will be payable under Construction linked payment plan as per payment plan to be announced later. Members will be able to obtain loan towards construction cost from the bank(s) as per their eligibility. ESTIMATED TIME FRAME FOR COMPLETION AND POSSESSION : Going by the current indications, the Society estimates construction to begin in 2017. Since this is a new project area with open land, the construction is likely to progress at a swift pace. Hence, we estimate a completion time of 30-36 months from the start of construction but the same may vary depending upon permission and approvals from concerned authorities and development of infrastructure. Sd/- Sd/- Sd/- ( S.C. Srivastava ) (Saket Dinkar) ( Pinki Mishra ) President Secretary Treasurer