Presentation.pptx

This presentation talks about how we can purchase land in NAINA a exhibit of CIDCO in Mumbai at very cheap rates.
These flats are available at extremely cheap rates as comapared to current property rates.

1. What is Naina? Navi Mumbai Airport Influenced notified Area A proposed planning area in Raigad district of Maharashtra A ims to develop townships around the Navi Mumbai airport to allow for a balanced development of the region Area admeasuring 461 sq.km. comprising 224 villages of Raigad District and 14 Villages of Thane District CIDCO appointed as the Special Planning Authority (SPA)

2. What is the difference in role of CIDCO in NAINA compared to Navi Mumbai? As all the lands in Navi Mumbai project are required for public purposes, all these lands are required to be acquired by Government, hence it is under 100% acquisition. In case of NAINA except land under DP reservation & IDP-I, the ownership remains with land owners. In Navi Mumbai CIDCO has to provide infrastructure upto plot level. In NAINA, CIDCO is appointed as Special Planning Authority to provide city level and peripheral infrastructure. The infrastructure within the layout shall be developed by the land owners.

3. How can landowners benefit from NAINA project? The project provides landowners grand opportunity to unlock their land potential by participating in the development model that increases the prevailing low FSI and offers a mechanism for handing over lands under physical and social infrastructure voluntarily without losing their development potential.

4. What is NAINA Scheme? It is a voluntary scheme and minimum land area or land aggregation required for participating in ‘NAINA Scheme’ is 10 Ha. The details are: a) 40% land shall be given to the project. Balance 60% land to be retained with owner for development. b) 60% land with owner shall have maximum permissible FSI of 1.7. Thereby the development potential of 40% land given to the project is transferred on to the 60% land with the owner. c) Uses permissible on owner’s land are Residential, Comm., R+C, Hotels, Offices etc. d) Additional, 20% BUA over & above BUA generated on 60% land shall necessarily be constructed for EWS/LIG housing and this additional FSI is being permitted free of cost over and above the BUA. The constructed tenements of EWS/LIG will be handed over to CIDCO at pre-determined rates. CIDCO shall allot these tenements to identified target groups through lottery. Further options are given for the development of EWS component. The land towards EWS component can be handed over to the authority at ready reckoner rate. The landowners given option to develop the EWS component in some other land pockets also.

5. e) Internal roads & layout open spaces to be provided as per norms without losing FSI. f) Layout Amenities within the land owners 60% component shall have internal scheme roads & Open Spaces to be necessarily developed (in a fixed time-frame) and maintained by the owner. g) In case, the owner also surrenders developed Layout Amenity to the Authority ‘FSI equivalent to amenity land area plus construction value based FSI of developed amenity’ shall be given

6. What are the benefits of participating in NAINA Scheme? By participating in NAINA scheme, the potential of land will be completely utilized. The FSI of entire land is made available on balance 60 % land. The participants are exempted from payment of FSI linked premium. There will be no restriction on height of the buildings. The land under reservation can be considered in NAINA scheme though it is non-contiguous.

7. Proposal CIDCO is acquiring lands from farmers for the NAINA project and will allocate a plot against the land. Our group purchases that land from the farmers and enjoys the ownership of the plot allocated by CIDCO Furthermore, a residential tower would be developed on the given plot, absorbing the benefits of the infrastructural projects led by CIDCO in the same area

8. Features and benefits Each member of the group will be the owner of the land from the very first day As the plot would fall inside the CIDCO area, so there is no need to rely on any private builders for infrastructural development of the area The benefit of investing NOW is that the project is at a very early stage, which would reap guaranteed multi-fold benefits in the future

9. For example, if we want to buy a 1000 sq. ft. plot in a developed area, it would cost around Rs. 90 L – 1 crore which means paying Rs.15-20 L as down payment and EMI for the rest of your life But what if you invest the same price now to buy a land in this project and own a 1500 sq.ft . plot without paying anything later?

10. Example We are purchasing a farm land in a group. You wish to invest in 1 Guntha land i.e. 1089 sq. ft. Rate of 1 Guntha land = 10 Lac ( approx ) Carpet Area you will get in society = 1089 sq. ft. Built up area (50% loading) = 1633 sq. ft. Cost of construction (after 4-5 years)= 21.78 Lacs (2000 sq. ft.) Total = 10 lac + 21.78 lac = 31.73 lac ( i.e. Rs. 1946 sq ft. ultimate rate of your flat)

11. Plot 592 Land size acquired from farmers = 35.5 Plot size which will be given by CIDCO (40%) = 14.2 If u invest in 2 Guntha (2000sq. Ft. approx ) = 20 L ( approx ) Plot you will receive ( 40% of 2000sq.ft.) = 800 sq. ft. FSI = 2.5 Carpet area (800*2.5) = 2000 sq. ft. Built up area = 3000 sq. ft. ( 1500 *2) So basically you get 1500 sq. ft. flat at just 20L investment in a well planned city

12. so what are you waiting for?