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India Developing, but still a long way to go

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No clearance due to obstruction of the airport. And this project was sold as the tallest residential building in the world.

I read that the last bit of clearance is due from an "international agency". It all sounds a bit fishy to me.
 
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Noida Wave One
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Question:

New Delhi NCR is literally new, built from 'scratch' by the British just 3 generations or 75 yrs. ago between the 2 world wars.

Post liberalisation and new-found Globalisation gave the NCR region around 25 IT mega office complexes including marquee IT parks like dlf Cybercity.

Re: New Delhi NCR, this was preceded by retail revolution, expanding govt. jobs revolution, Green Revolution, White revolution, education revolution, auto revolution, Call Center-Telecom-Consulting-IT revolutions, real-estate revolution and now Rail-Road-&-Aero revolutions (Expressways, Highways, Inland Container terminal, Upcoming DMIC-High Speed Rail, Pvt. Airlines like Indigo and Pawan Hans HQ's)

Logix Tech Park, Noida
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(c) https://files.propertywala.com/photos/c9/P906365711..6361289l.jpg

Coming back to the issue of said mega IT Parks, the real-estate alone points to a middle class job boom in New Delhi NCR over the past 25 yrs. post liberalisation. With it's history of youth activism re: reservations and employment, not only is jobs a hot issue in the NCR, one doesn't see or know of much middle-class activism re: jobs in dog yrs. Things might have been sluggish recently, but said NCR maybe among the Top 10 job beneficiaries of Globalisation.

The commercial, Grade A office space boom is at least 50 million sq. ft mostly in Noida and Gurgaon(dlf's Cybercity alone is 12 million sq. ft.) and
  • @ a generous 5 sq.ft. per capita, that's a whopping 10 million class, direct, top-to premium end of the market jobs!
For comparison Sarjapur area of Bangalore alone, check:
C7hPjtqVsAAO1Fx.jpg:large

Above is re: Bangalore, for a total of approx. 52 million sq. ft. The * says 100 sq. ft. per capita or per employee. That's nonsense. In India, ppl. raise mulit-generation families in 100 sq. ft. A lot of the space is cubicle efficient, 2-3 sq. ft. re: call-center/BPO type stuff. So @ a more realistic 5 sq. ft., that's 52 million/5 = 10.4 million direct jobs.
Since the #'s don't make sense to me, any ideas. Anybody have any numbers or figures?


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(c) dlf website
 

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In support of above:

Delhi, not Mumbai, India’s economic capital

Clara Lewis | TNN | Nov 28, 2016, 02.48 AM IST


-Mumbai has ceded its position as economic capital of India to Delhi
-The Oxford Economics forecast for 2030 shows that Delhi and Mumbai will move further up the list
-Delhi is predicted to be at the 11th spot, Mumbai will be 14th


MUMBAI: Mumbai ranks 31st among 50 top metropolitan economic entities globally in 2015, as per latest data released by Oxford Economics. The unflattering news for Mumbaikars is that the city has ceded its position as economic capital of India to Delhi.

Oxford Economics is one of the world's foremost independent global advisory firms, providing reports, forecasts and analytical tools on 200 countries, 100 industrial sectors and over 3,000 cities.

As per the latest analysis, the Mumbai extended urban agglomeration (EUA), consisting of Mumbai, Navi Mumbai, Thane, Vasai-Virar, Bhiwandi and Panvel, had a 2015 GDP of US $368 billion when seen in terms of purchasing power parity (PPP), using a 2012 PPP conversion rate of Rs 15.5 per dollar. Against this, the Delhi EUA, consisting of Delhi NCR, Gurgaon, Faridabad, Noida and Ghaziabad, had a GDP at PPP of $370 billion, taking it to 30th position in the global ranking. The definition of Mumbai makes it roughly correspond to the Mumbai metropolitan region (MMR), while Delhi EUA is smaller than the National Capital Region (NCR).

The Oxford Economics forecast for 2030 shows that Delhi and Mumbai will move further up the list. While Delhi is predicted to be at the 11th spot, Mumbai will be 14th.

Mumbai EUA, with a lower population, scores over Delhi EUA in per capita terms. A TOI analysis of Oxford Economics figures puts Mumbai's per capita GDP at PPP at $16,881, while the same for Delhi is $15,745.

Prof Bino Paul, Tata Institute of Social Sciences (TISS), said post-liberalisation, Delhi National Capital Region (NCR) seems to have outpaced Mumbai metropolitan in physical infrastructure and social infrastructure.

"Perhaps, what makes Delhi NCR more buoyant and inspirational than Mumbai may be attributed to massive spatial consolidation and contentedness that have emanated from synchronisation between state and business, in particular in locating industry decisions," he said.

Sangita Kamdar, a professor in economics, confirmed that Delhi had overtaken Mumbai. "Business is attracted more towards Delhi as they prefer to be closer to the national government for clearances. But more important is the availability of infrastructural facilities which affect the cost of doing business," she said.

Mumbai's high-cost economy is not favourable to business. The high cost of land and skilled labour does not provide the right incentives to attract investment—domestic and foreign," she said.

Kamdar added that GDP per capita was a better indicator of economic performance, and here Mumbai leads Delhi, indicating better markets and purchasing power.

Paul observed that while Mumbai retains the charm of an open dynamic urban space, owing to preferential decision-making on investment, Delhi appears to have been surging ahead of Mumbai.

"Unless Mumbai, as a space, sees society, state and business creatively collaborating to create a massive leapfrogging in physical infrastructure such as integrated transport and social infrastructure such as socialisation spaces and universities to meet the expectation of burgeoning youth, the divide between growing Delhi NCR and slowly growing or stagnant Mumbai will widen unabated," he said.

Maharashtra chief minister Devendra Fadnavis rejected the notion that Delhi's GDP has gone ahead of Mumbai. "I want to challenge these figures. From figures of the Reserve Bank of India, Economic Survey of India and Maharashtra, it is evident that Mumbai is ahead in terms of GDP and financial status. The MMR GDP is higher," he said.

Pankaj Kapoor, managing director, Liases Foras, a real estate research agency, said the comparison was unfair to Mumbai as there is no parity of geographical area. "The Delhi entity considered is nearly three times the corresponding Mumbai entity in area. If one simply looks at economic concentration in a given area, it is higher for Mumbai. But it is also true that Mumbai's inefficiency in terms of infrastructure and real estate cost is driving business away. This should serve as a wake-up call," he said.

Fadnavis said his government was framing policies to unlock land so that it becomes affordable. Also, infrastructure projects such as the Mumbai trans-harbour link would open up the hinterland. The government, he said, had worked towards creating a conducive atmosphere for attracting investments to the state.

http://timesofindia.indiatimes.com/c...w/55655582.cms
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Once completed...a single train, would take 1300 trucks off the road!!

We badly need a Golden Quadrilateral kind of thing for the DFC's along with a direct east-west and north-south access.

Even more importantly, I think India should build a DFC-like strategic trunk infrastructure through Siliguri Corridor as well. I don't know about the topography of Siliguri Corridor but I think trunk infrastructure through tunnels will be vital in times of crisis/aggression. This should be done in addition to direct transit access to NE through BD.
 
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We badly need a Golden Quadrilateral kind of thing for the DFC's along with a direct east-west and north-south access.

Even more importantly, I think India should build a DFC-like strategic trunk infrastructure through Siliguri Corridor as well. I don't know about the topography of Siliguri Corridor but I think trunk infrastructure through tunnels will be vital in times of crisis/aggression. This should be done in addition to direct transit access to NE through BD.
I think they'll come up in next phase...first phase which includes east and west corridor will be completed by 2020
 
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We badly need a Golden Quadrilateral kind of thing for the DFC's along with a direct east-west and north-south access.

Even more importantly, I think India should build a DFC-like strategic trunk infrastructure through Siliguri Corridor as well. I don't know about the topography of Siliguri Corridor but I think trunk infrastructure through tunnels will be vital in times of crisis/aggression. This should be done in addition to direct transit access to NE through BD.

No place to tunnel in those areas- But lots of Bridges off course-
 
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We badly need a Golden Quadrilateral kind of thing for the DFC's along with a direct east-west and north-south access.

Even more importantly, I think India should build a DFC-like strategic trunk infrastructure through Siliguri Corridor as well. I don't know about the topography of Siliguri Corridor but I think trunk infrastructure through tunnels will be vital in times of crisis/aggression. This should be done in addition to direct transit access to NE through BD.

We can just annex some land from nepal and bonglodesh not like they will mind.
 
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