RISING HIMACHAL INVESTOR S’ HAVEN Housing & Urban Development, Transport, Infrastructure & Logistics GLOBAL INVESTORS’ MEET 07th - 08th NOV 2019, DHARAMSHALA Himachal Pradesh – An overview Himachal Pradesh, known for its pristine beauty, is one of the most visited state in Northern India and is bordered by Jammu and Kashmir on north, Punjab on west and South-West, Haryana on Himachal Pradesh RISING South, Uttarakhand on South-East, and China on East. The State has HIMACHAL made a significant transition from agrarian to an industrial economy; with a quantum jump from a mere 7% contribution of secondary Jammu & Kashmir sector to GSDP in 1950-51 to a 43.01% in 2017-18. Ÿ The State GSDP at current prices is INR 151 lakh crore (USD 21.69 billion) in FY2019 Punjab Uttarakhand Ÿ The compounded annual growth rate (CAGR) of GSDP of Himachal Pradesh grew at 11.2% from Haryana 2011-12 to 2017-18 Ÿ Uttar Pradesh The Per Capita Income at current prices is INR 1.76 Lakh (USD 2528) in FY 2019, registering a growth of 10% State at a Glance Total population (million) 6.9 Density (per Sq Km) (2011) 123 Summers March to June (22°C - 37°C) Monsoon July To Sep (15°C - 28°C) Winter Oct To Feb (0°C - 15°C) Literacy rate (census- 2011) 82.80 Life Expectancy (in years) 72 1 USD = INR 70.00 Rising Himachal Investors’ Haven 01 REASONS TO INVEST IN HOUSING SECTOR OF HIMACHAL • Adequate well-connected land bank for setting up housing projects in Himachal Pradesh • Reliable and affordable power: Himachal Pradesh is as “power surplus State” and provides round the clock power at reasonable rates • Higher per capita income and disposable income • Good Governance: Himachal has been recognized as the top performing State by NITI Ayog, Government of India. Recognized as no.1 in UN Sustainable Development Goals amongst Indian states • The State has also been awarded for “Good Governance” in Public affairs Index among small states in 2018 • Policy support Road Connectivity State has provided round the year connectivity to all industrial areas. To reduce the travel time between major cities and industrial areas within the State as well as with other States, various four lane Highways are being constructed across the State as below • NH22 (Parwanoo-Solan-Shimla-Dhalli) • NH21 (Garamaura-Swarghat-Mandi-Manali) • NH21A (Baddi-Nalagarh) LAHAUL & SPITI CHAMBA • NH88 (Shimla- Mataur) • NH20 (Pathankot-Chakki-Mandi) Tunnel KANGRA KULLU The under constructed Rohtang Tunnel (expected completion by Mid-2020) shall provide all weather connectivity to Lahual & Spiti Air connectivity HAMIRPUR UNA KINNAUR MANDI Himachal Pradesh has 3 operational airports namely Shimla, Bhuntar (Kullu-Manali) and Kangra. Also as helicopter is the fastest way to BILASPUR commute within the State, it has 63 operational helipads with heli-taxi service between main cities expected to start soon SHIMLA Rail Connectivity SOLAN Narrow gauge rail lines from Kalka to Shimla and from Pathankot to Jogindernagar • Broad gauge rail line from Nangal to Daulatpur SIRMAUR Upcoming Broad-Gauge Projects: • Chandigarh-Baddi Rail Line • Bhanupali-Bilaspur-Beri Rail Line Housing & Urban Development, Transport, Infrastructure & Logistics 02 Rising Himachal Investors’ Haven 03 Himachal pradesh Housing & Urban Development (HIMUDA) Housing Haven of Opportunities! HOUSING SECTOR HIGHLIGHTS • Government of Himachal Pradesh through Himachal Pradesh Housing and Urban Development Authority (HIMUDA) build houses, flats and develops plots, to meet the housing demand of people from various income groups • As per the demand survey by HIMUDA in year 2010-11, there is a demand of more than 40,000 houses, flats and plots in 8 districts of Himachal Pradesh • HIMUDA has available land area of 442 acres in 8 (eight) district for setting up for housing colonies • HIMUDA will facilitate private investors to get expeditious approval/ clearances from various departments • HIMUDA is willing to collaborate with private investors to develop the housing projects in Public Private Partnership mode • To reduce human interface and ensure transparency, HIMUDA has moved towards e-governance, digitalization of records and installed Enterprise Resources Planning (ERP) system • Department is in process of creating a website to facilitate its day to day work and to have better governance and cordial relations with all the stakeholders • Below mention is the brief of the demand survey for reference Housing Demand in Himachal for HIMUDA projects HIMACHAL PRADESH S. No District Flat House Plot Total 1 Shimla 1471 632 9767 11870 2 Solan 670 342 4558 5570 CHAMBA LAHAUL AND SPITI 3 Una 146 153 5061 5306 4 Hamirpur 130 143 4966 5239 KANGRA 5 Mandi 147 153 3148 3448 7 KULLU 6 6 Kullu 181 121 2011 2313 UNA HAMIRPUR MANDI KINNAUR 4 7 Kangra 196 36 1108 1340 3 5 BILASPUR 8 Bilaspur 24 15 911 950 8 SHIMLA SOLAN 1 SirmaurDistrictishavinghugehousing 2 demandbecauseitsharesborderwith SIRMAUR UttarakhandinEast,HaryanaintheWest Housing & Urban Development, Transport, Infrastructure & Logistics 06 Rising Himachal Investors’ Haven 07 LAND BANK FOR HOUSING PROJECT – SCOPE OF INVESTMENT IN HOUSING SECTOR Total land available in 4 districts is 428 acres Details-Current land availability S. No Location District Area of land Connectivity (Sq mt) 1 Mandhala, Baddi Solan 6,70,821 37 km from Chandigarh 2 Mohal Sohala 43 kms Nahan Sub- Tehsil Narag Sirmour 4,80,510 194 km from Chandigarh 3 Nargota, Kangra 2,54,976 3 Kms from Circuit house HIMACHAL PRADESH Tehsil Dharamshala Dharamshala 4 KM from Dharamshala Bus Stand. 4 Majhola/ Chanan Shimla 2,08,221 16.5 kms from SHIMLA ISBT LAHAUL AND SPITI Near Jathiya Devi CHAMBA 5 Moginand Sirmour 46,269 Chandigarh – 74 Kms Tehsil Nahan Ambala - 44 Kms KANGRA Yamunanagar – 49 Kms Nahan - 13 Kms 3 KULLU 6 Trilokpur-I Sirmour 43,330 Chandigarh – 75 kms HAMIRPUR Tehsil Nahan Ambala - 45 Kms UNA MANDI KINNAUR Yamunanagar – 50 Kms BILASPUR Trilokpur-II Sirmour 29,505 Nahan - 22 Kms SHIMLA Tehsil Nahan SOLAN 4 (Source: HIMUDA) 1 SIRMAUR 6 5 2 Housing & Urban Development, Transport, Infrastructure & Logistics 08 Rising Himachal Investors’ Haven 09 HIMUDA POLICIES/ SCHEMES • To have better governance and cordial relations with the customers. HIMUDA website provides policy/ schemes and all information of the projects and online facility for allottees and applications for sale, registration, NOC’s, tenders etc. Brief of policies/ schemes are: • HIMUDA also has a provision under its Act vide items no.17 and the control of State Government, the Authority may, (a) frame the schemes on its own; (b) frame a scheme on the request of a Promoter; (c) adopt scheme proposed by a Promoter; and (d) incur expenditure and undertake works in any area in which this Act is enforced for the farming and execution of such housing and development schemes, as it may consider necessary • HIMUDA has recently formulated a scheme named as “landowner becoming partner” in this scheme a land owner can become a partner of HIMUDA for development of housing activities on the land and profit of the project is shared on the ration of 80:20 with the land owner MODELS OF ENGAGEMENT UNDER PUBLIC PRIVATE PARTNERSHIP HIMUDA has proposed 2 models for engagements with private investors. The models details are provided below: Model 1 Developer role GOHP role Development of township in • Development of township, internal • Development of external infrastructure partnership of HIMUDA infrastructure, units and all related infrastructure • Expeditious approvals in partnership of HIMUDA • Sale of Units Model 2 Developer role GOHP role Developer buys private land • Purchase of land • Development of external infrastructure and develops a township • Development of township,internal infrastructure • Expeditious approvals • Sale of units Housing & Urban Development, Transport, Infrastructure & Logistics 10 Rising Himachal Investors’ Haven 11 Urban Development Sector Profile Himachal Pradesh Haven of Opportunities! URBAN DEVELOPMENT INDIA SCENARIO Sector Snapshot Urbanization is an important determinant of national economic growth and poverty reduction. In India, urbanization has witnessed an exponential increase in population in large cities, even though India is in a transitional phase from a primarily rural to a quasi-urban society. Highlights of Urban Population : • As per Census 2011, 377.10 million (31.2%) is urban and 833.40 million (68.8%) is rural • Percentage increase in urban population is far greater than the growth in rural population • As per projections, by 2050 urban population will be around 50% of the total population Urban Infrastructure potential • In India, the main types of basic Urban Infrastructure are, (a) drinking water, (b) sanitation and sewerage, (c) solid waste management, (d) housing, (e) Urban roads and (f) Street lights and (g) traffic related infrastructure • According to the High-Powered Expert Committee (HPEC) appointed by the Ministry of Urban Development, an investment of 39 billion (39.2 lakh crore at 2009-2010 prices) in Urban Infrastructure is required over the next 20 years. • Around 44% of Investments are required in Urban Roads, 20% in water, sewerage, solid waste management, storm water drains, streetlights, 14% in Transport and Traffic related infrastructure, 10.5% in Slum redevelopment and 2.5% in Urban Governance Urban Development: India Scenario • GoI is offering schemes and incentives to promote investment in Urban Infrastructure • An estimated investment outlay of US$ 1.2 tn to build Urban Infrastructure • As per Report ‘India’s Urban Awakening’