Why Noida and Gurgaon should promote mixed land use development

In 2011, nearly 31% of the population (377 million people) resided in urban areas and by 2030 it is expected to become almost 50%.Increasing densities of people in urban areas has already led to problems of land shortage, housing shortfall and congested transit. As well as severely stressed basic amenities such as water, power and open spaces of towns and cities.

Overly strict separation of land uses produces inefficiencies in terms of transportation, eco-sensitivity, amenities and general living conditions. It is hence imperative to promote a balanced mix of uses that complement each other and lead to a better quality of living. An outstanding solution is mix land use development and projects. This has become empirical for urban revitalization in the modern context. It is fuelling demand for self-sustainable cities and townships due to an increasing demand for such properties from people wanting to live in self-sufficient environment.

Mixed land use development refers to projects that offer a combination of residential, institutional, business, retail etc. and integrating their functions. By deploying such varied nature of development, mixed-use townships present a holistic advantage for a resident’s eco-system.

This type of development is becoming popular now in both urban and suburban areas as it offers the most efficient use of land while providing a higher quality lifestyle. Mixed land use projects attract people to live, work and play in the same area. Advantages of mixed-use developments extend to reducing traffic, integrating residences, offices, and shopping into concentrated common areas, which can reduce and eliminate travel time.

As mixed-use developments offer the optimum solution to the demands of sustainable and responsible urbanization, urban planning and development agencies are increasingly adapting to such projects. Recently, the Noida Authority approved mixed land-use policy in certain sectors and pockets, which will allow offices, retail shops, eateries, and entertainment outlets in industrial and institutional sectors. Likewise, earlier this year, the Haryana Government decided to allow mixed land use in commercial zones, making it possible for developers to build residential properties in commercial complexes.

In the case of Noida and Gurgaon, the policy will prove to be all the more appealing as it will benefit the large number of MNCs, BPOs, KPOs, IT/ITeSs in these districts. Corporates who deal with foreign executives and have regular visiting employees in the company can temporarily accommodate them at the services or studio apartments or hotel and offer office space in the same premises to avoid daily traffic, save time and control expenses.

According to industry sources, Noida and Gurgaon are top two cities to fulfill demand of office space for corporate and MNCs. An expected improvement of economy will drive companies on expansion mode and Delhi NCR region is expected to require a total of 3.7 million sq. ft. office area in the current year. Given this scenario, mixed use development will prove especially beneficial for small or retail buyers looking for small and mid-size office spaces; as there will be greater choice unlike earlier when commercial and retail spaces were allowed to come up on land demarcated for commercial use.

In the long run, mixed-land-use development is expected to benefit both Noida and Gurgaon and make these two markets more buyer and investor friendly.

About P. Sahel

As Vice Chairman of Lotus Greens, Sahel is responsible for giving directions on overall business strategy and key investments decisions of the firm. Being one of the founding members of Lotus Greens, Sahel has been instrumental in formulating various company policies, setting up systems and processes, and building a strong team of professionals. Prior to Lotus Greens, Sahel worked for more than 16 years in some of India’s largest and most respected real estate companies like Jones Lang LaSalle for 13 years as the Managing Director of the Markets & Solution Development and DLF prior to that. The views expressed are personal

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