Nehru Place-Place making Project

January, 2015
 3- slide
PROJECT SUMMARY:
 PLANNING – DESIGN PROPOSAL
MLCP + OFFICE + MLCP + RETAIL ON CONVENTION RETAIL + OFFICE +
HOTEL MLCP + RETAIL
RETAIL ON GROUND GROUND CENTRE SERVICE APARTMENTS

MLCP + RETAIL ON RETAIL + OFFICE + BUS TERMINAL + HOTEL

GROUND SERVICE APARTMENTS DEPOT + RETAIL

PROPOSED MASTER PLAN

 OPERATION & MAINTENANCE MODEL - PPP
Multi Level Car NMT & pedestrain Public spaces and New Commercial Bus Terminal
Parking Infrastructure Social Ammenities Development

Project Cost 611 Crores 485 Crores 98 Crores

Project IRR
19% 146% 35%
Equity IRR 28%
347% 75%
Breakeven
10 Yrs(617 Crores)
Period NA 4 yrs(119 Crores)

Financial
Viability Project Viable Project Viable Project Viable
d

Parking & Public Space Management

 Proposed Way Forward
• Creation of a multi stakeholder platform under the leadership of DDA/ SDMC
• Constitution of a high level committee comprising of key stakeholders in the Nehru Place project
•UTTIPEC
•SDMC
•CPWD
•DTC
•DMRC
•To review and approve recommendations for the area
•Facilitate implementation of the recommended interventions
PROJECT DETAILS:
Parameters of a vibrant commercial district

Access &
Connectivity

Vehicle &
Cleanliness &
Parking
Safety
Management

Pedestrian & Multi-Modal

Public Spaces Integration

7
 NEHRU PLACE DISTRICT CENTRE
•Planned in 1969,
operational in early 1980s
as a commercial business
district surrounded by
residential areas

•38 Hectares of prime real

estate in the heart of South
Delhi

• Currently a regional
commercial centre served by
two major roads, 2 Metro
lines and 24 bus routes

•Less than 2/3rd developed

portion has 5.8 lakh sq.m.
built commercial development

•Attracts 1,30,000 visitors

and 32,000 vehicles daily
 NEHRU PLACE – DISTRICT CENTRE

An underperforming and underutilized,

38 hectares of prime public asset
Renewal - Regeneration Project: Nehru Place District Centre

Project conceptualised by UTTIPEC

Project initiated: Shakti commissioned technical partners at the request of UTTIPEC

Draft designs developed in consultation with UTTIPEC and the local stakeholders
Designs approved by UTTIPEC
Project discussed with Engineering Member, DDA

Project discussed with Commissioner, SDMC

Project discussion with VC, DDA for guidance on next steps

 NEHRU PLACE – DISTRICT CENTRE

An underperforming and underutilized,

38 hectares of prime public asset
Key Interventions identified
Parking Planning Management
 Data Collection

16
 PARKING DEMAND vs CAPACITY SCENARIOS

Base year Demand

(2013)
• 6600 ECS (Phase 1)
• 1000 in 1 MLCP – 5000
sqm – 4 floors
• 5600 at grade – 46000
sq.m.
• 14% of precinct area Best Case Supply Scenario
MLCP Vs At-grade to be balanced

Planned Capacity
• 9500 ECS (Phase 1 & 2) (2021) • 12000 ECS
• 1000 in 1 MLCP – • 10000 in 5 MLCP –
5000sqm – 4 floors • 5500 ECS 18000sqm
• 8500 at grade – 68000 • 3500 in 4 MLCP – • 2000 at grade – 48000
sqm (Stacked) 15000sqm sqm
• 20% of precinct area • 2000 ECS at grade – • 20% of precinct area
48000 sq.m.
• 18% of precinct area
Demand in BAU As per Master Plan
Scenario (2021) Norms (2021)
 What is driving parking demand?
Current Scenario Proposed Scenario

No. of Visitors Parking space consumed

Current Price Proposed Price
At grade parking At Grade MLCP
At Grade MLCP
encroaching street Short Term Short
space (<2 hrs) Term 125* 45
20 30
Only 30% of MLCP
used Long Term 40 60 Long 475* 180
(>2 hrs) Term
*-As per Transport Department notification

Demand Capacity
8% of precinct area 87% of 5000 MLCP,
capacity 500 Surface
 PLANNING

Astha Kunj, restricting access from North

Ideally, the area should have access from all directions

Currently majority of access is from the South and the west
 PLANNING

Within precinct, public transport is at the periphery while personal vehicles have close access
while
 PLANNING

Improved circulation of public transport within the commercial area is recommended

 PLANNING

Circulation of private vehicles needs to be managed better

 PLANNING

783

646
1000

861

1833

Parking needs to be concentrated in a few Multi-level car parks

 PLANNING

783

646
1000
270
150
861

30

1833
25 25

Few off-street parking spaces proposed for short term parking

 PLANNING

Vehicular circulation plan for various streets is changed accordingly

 PLANNING

Pedestrian connectivity and circulation increased to the entire area

 PLANNING

Proposed designs incorporate the upcoming DDA establishments

 PLANNING

Additional links providing non-motorised transport access are proposed

 PLANNING – DESIGN PROPOSAL
MLCP + OFFICE + MLCP + RETAIL ON CONVENTION RETAIL + OFFICE +
HOTEL MLCP + RETAIL
RETAIL ON GROUND GROUND CENTRE SERVICE APARTMENTS

MLCP + RETAIL ON RETAIL + OFFICE + BUS TERMINAL + HOTEL

GROUND SERVICE APARTMENTS DEPOT + RETAIL

PROPOSED MASTER PLAN

 PROBLEMS

EXISTING NEHRU PLACE INTERNAL PLAZA

 SOLUTIONS

PROPOSED RETROFITTING: INTERNAL PLAZA

 PROBLEMS

EXISTING NEHRU PLACE INTERNAL PLAZA

 SOLUTIONS

PROPOSED PLAZA WITH LIGHTING, SIGNAGE, etc.

 PROBLEMS

EXISTING PARKING ON GROUND

 SOLUTIONS

PROPOSED PUBLIC SPACE ON RECLAIMED SPACE

 PROBLEMS

EXISTING BUS TRMINAL

 SOLUTIONS

PROPOSED REDESIGN OF BUS TRMINAL

 MANAGEMENT MODEL BY PPP

Multi Level Car NMT & pedestrain Public spaces and New Commercial Bus Terminal
Parking Infrastructure Social Ammenities Development

Project Cost 474 Crores 30.34 Crores 103 Crores 485 Crores 98 Crores

Project IRR 21% -VE -VE 146% 35%

Equity IRR 30% -VE -VE 347% 75%
Breakeven 8 yrs(473.65) NA NA NA
Period 4 yrs(119
Crores)
Financial
Viability Project Viable Unviable Unviable Project Viable Project Viable

DDA DTC

Real Estate Terminal

Development Development
& &
Management Management
 OPERATION & MAINTENANCE
Multi Level Car NMT & pedestrain Public spaces and New Commercial Bus Terminal
Parking Infrastructure Social Ammenities Development

Project Cost 611 Crores 485 Crores 98 Crores

Project IRR
19% 146% 35%
Equity IRR 28%
347% 75%
Breakeven
10 Yrs(617 Crores)
Period NA 4 yrs(119
Crores)
Financial
Viability Project Viable Project Viable Project Viable
d

Parking & Public Space Management

 Proposed Way Forward
• Creation of a multi stakeholder platform under the leadership of DDA
• Constitution of a high level committee comprising of key stakeholders in the Nehru Place
project
•UTTIPEC
•SDMC
•CPWD
•DTC
•DMRC
•To review and approve recommendations for the area
•Facilitate implementation of the recommended interventions