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Change at Home and Across the Shores

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July 16, 2008

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Decentralizing Cities: Lavasa city


DecentralizingCities:Lavasa

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AjitGulabchand

Chairman,LavasaCity
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India

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LAVASAo
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Presentation by
Ajit Gulabchand
CMD Hindustan Construction Company
Chairman Lavasa Corporation Limited

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Need for Future Cities

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Lavasa A New Beginning

Configuration and Phasing

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Key Differentiators

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Need for Future Cities

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India - Witnessing explosive urban growth

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Urban population set to grow from 308 million to 750


million by 2050

FY 2051 750
million

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Economic Migration Agricultural population would decrease


from 65% in 2001 to 40% in 2050

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(Agricultural population in US fell from 70% in 1870 to 28% in


1950 and to 2% today)

FY 2021 538
million

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Demographic Shift 52.3% of Indias population below the age


of 25, migrating to urban areas for employment
FY 2001 308
million

27

Experts, like C K Prahalad, have expressed the need for


500 new cities

Urban population in
India

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Urban clusters with population > 1 million


Source: FAO; PIB GoI, MoUD GoI, World Bank

Mumbai-Pune - The largest urban cluster


With population increasing from 20 mn in 2001 to 38 mn in 2021

Existing cities have peaked


Indian cities were planned for much lower
population support capacities. Hence,
Inadequate physical & social infrastructure
Low service quality and adequacy
Congestion & pollution
Long commutes

So natural outcome

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Poor live-ability

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Expensive real estate

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Existing cities are stretched Future cities are needed

and have city governance challenges!!!


Most Indian cities
institutions. Hence,

have

in-efficient

Myopic and poorly managed service delivery


Systemic & bureaucratic delays
Multiplicity of civic bodies

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civic

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Lack of coordination in development planning


and implementation

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Lack of accountability
Reactive decision making.

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73rd and 74th Constitutional amendments have not been


implemented in true spirit.

Paradigm shift in city governance needed

The way ahead - Sustainable Future Cities

Greenfield
Development

Private
Participation

Conceived with focus


on economic drivers

Effective planning and


implementation

Futuristic
infrastructure
Environmental
sustainability

Institutional efficiency

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International
expertise

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Best-in-class
partnerships

Learning from existing


urban centers

Economic
sustainability

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Lavasa is a Future City

City Governance

Live-able
E-Governance
Civic voice & choice

Lavasa A New Beginning

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Lavasa Business model for Future Cities

Scale

Density

25000 acres
60 KM lake front

200+ mn sqft
300,000+ residents
2mn visitors

Spread over multiple


towns

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Town centers,
Tourism, Hospitality
& Leisure,
Social & Institutional

Radical
Associations

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Extension

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Economic
Dynamo
To serve the region
and the world

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Business model being successfully implemented

Reflected in development concept

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Live!

Play!

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Villas, Apartments, Hotels, Resorts

Work!

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IT, R&D, Art, Fashion and Animation

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Golf, Edutainment, Water sports, Theme Park

Learn!
Boarding Schools, Colleges and Universities

Highlighted by a 365-day economy

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Lavasa p
Institutional & Commercial

Retail&
offices

Hospitality

Biotech

Media&
Animation

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Spa Tourist
Hotel
Edu
MICE & Attractio
s
tainment
Clubs
n

Nonpollutingindustry

IT/IteS

Tourism & Leisure

R&D

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Social

Adventur
Theme
Amenitie
e&Water
Park
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Sports

Residential

Multi
Health family
City Dwellin
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Educational

Schools

Higher
Educatio
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Professional
Education

Lifelong
learning

Villa

Rental
Housing

Inflexion point crossed

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Conceptualization
and Design

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Concept & Product


Introduction

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Acceptance and
Awareness

Initial Challenges and Concerns Land Acquisition /


Regulatory, Feasibility / Brand and Concept Acceptability

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Accelerated Popularity

Maturity

Visibility of growth trajectory; Poised for accelerated growth

Lavasas maturity curve is visible

Growth driven by diversified businesses

Asset
Ownership

Development

Full Spectrum Real


Estate

Dedicated clientele
Economics of scale

High growth & Good


margins

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Significant investment
in people & processes

Complimentary
product segments

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Infrastructure Generates long-term


value & competitive
advantage

Business Ventures Drives economy

Intellectual
Property

Future Cities - First


mover advantage
Replicable
Sustainable value driver
Partnerships
Advantage

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Diversified financial portfolio - A mix of stable & high-growth businesses

Configuration and Phasing

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Lavasa is spread over 4 distinct periods


Period 1
Dasve, Mugaon & Bhoini

Bhode

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Lavasa is made up of 18 villages


Mugaon

Bhoini

Dasve

Dhamanhole

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Sakhari

Wadavali

Gadale

Period 2

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Saiv

Mose

Koloshi

Ugawali

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Period 4
Bhode, Mose & Saiv

Period 3

Sakhari & Wadavali

Dhamanhole, Gadale,
Koloshi & Ugawali

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Hill station declared over 25000 acres

Development planned on 18,000 acres Substantial land already purchased

Where Economic drivers kick-start development


Mixed use, with front-loaded
economic drivers
Residential demand, driven
by economic drivers & THL

Sales, Mn sq ft

Overall - 48

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Planned as residential and


commercial hubs

Overall - 69

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Overall - 44

Overall - 40

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(incl Education)
64%

19%

4%

7%

6%

& Significant Social infrastructure

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Social Development

~ 9 Million sq ft

Social Support

Rs. 440 crores

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Social Support includes expenditure on Town hall, Township schools, Primary


& Secondary Healthcare, Day-care Centre, Transportation Hub, Fire
stations, Police Stations, Parking Lots, Sports Academies, Disaster
Management Centre, Crematorium, Amenities, Parks & Gardens etc.

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Expenditure of Rs.670 crores earmarked for Tourism


Hooks (WOW factors)

Key Differentiators

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Multiple elements differentiate Lavasa

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Promoter capabilities

Partnerships - In Place

World-class service providers

Accolades for planning & environmental sustainability

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Strong Promoter Capabilities

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HCC (Hindustan Construction Company) is a leading construction company that specializes in


large-scale infrastructure projects. It has a rich heritage of 80 years in civil construction and
developing new age construction technologies. It has executed a number of technically complex

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and high value projects across sectors like transportation, power, marine projects, oil and gas

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pipeline, irrigation and water supply, utilities and urban infrastructure.


Avantha Group is one of India's leading business conglomerates. Its successful entities include
BILT, Crompton Greaves, Global Green, BILT Power, Solaris Chemtech, Biltech Building

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Elements, and Salient Business Solutions. Led by Mr. Gautam Thapar, Avantha demonstrates
strong leadership globally and emerges as a focused corporate, leveraging its knowledge,
leadership and operations, adding lasting value for its stakeholders and investors.

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Venkateshwara Hatcheries Group is the largest fully integrated poultry group in Asia that offers
total support for poultry development under one roof.
Mr. Vinay Vithal Maniar is engaged in Real Estate business. He is a partner of Bhagavathy

Developers, a reputed builder in Pune apart from being a Partner of Tool Crib a leading firm
dealing in industrial steel and a director of Green Apples Pvt. Ltd.

Ecosystem created through partnerships


Tourism , Hospitality & Leisure

Education

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Health& Wellness

Corporate tie up

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1500 rooms

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2 million visitors

10,000 students tied up

Medicity

Work component

World class service providers

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Planning
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Architectural
Services

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HAFEEZ CONTRACTOR

RANJIT SINH ASSOCIATES


Architects

Business Plan &


Market Research

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World class service providers

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Business Strategy

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Branding &
Marketing

ICT & GIS

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Legal Advisors

Financial Partners

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LITTLE & COMPANY

Best Master plan award

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Award for
Dasve-Lavasa
Master Plan

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from :

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Congress
for New Urbanism,
USA

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Best Landscape Planning Award

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Beautifully documented in terms of understanding the place


and the land. Stunning, great work. . .sensitive to the region
and the world.
- 2005 Professional Awards Jury comments

Current Status

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Status Key Economic Drivers

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Hospitality :

Education :

Over 125 rooms and service suites Operational

Hotel management school 1st batch commenced

1000 rooms under development, to be ready by June

Residential school would commence its academic

2011 across socio economic class.

session from 2010

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Hostel facilities for 1200 students to be ready by June

Leisure :

2010

Water Sports facilities operational

Christel House School for underprivileged to be

Games Arcade Operational

operational by 2010

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Adventure Sports facility & academy operational

Dasvino club & Kerstian Florian International Spa to be


operational by Dec 2009
Spaceworld

Edutainment

development

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Theme

Park

under

Status Key Economic Drivers

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Residential :

Social :

500 Residential units to be ready by March 2010

Apollo Hospital to be ready by Dec 2009

Retiral Housing to be ready by 2010

Disaster Management Center, WTP, STP ready

188 Rental Housing units ready. 211 additional units to


be ready by June 2010

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Others :

Mechanical laundry facility to be operational by


Jan 2010

Commercial :
F&B outlets operational

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Dasve Convention Center to be operational 2010


Retail Outlets under development.

I-Dreams film studio to be operational in 2010

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Center for Art of Living to be operational in 2010

Bamboosa Facility ready


Lavasa Experience Center Ready
Townhall ready

A View of Dasve Town

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Infrastructure
Telecom Tower

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Transmission Lines

Water Treatment Plant

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GIS support

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Sewage Treatment Plant

Server Room

Residential

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Lakeside Apartments under development

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Strong Media Buzz

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Lavasa A benchmark for future cities

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300 mn to 750 mn Increase in Indian urban population by 2050

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New cities incorporating futuristic infrastructure, development & governance


are needed FUTURE CITIES

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Lavasa is the forerunner of the FUTURE CITIES concept in India


Crossed the inflexion point and provides a perfect example.

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And this entire processois replicable!!!
C
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Thank
You
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Thank
You
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