Getting real about real estate


Our MPs feel they are paid too little. Maybe they have a point. However, they aren’t exactly lo-cost. My column on the real estate the government sits on, is here.

As always, your comments are welcome. I also encourage other readers to read the comments as well, as they often add new perspectives to the issue.

Regards,
Chetan


26 Comments

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  1. Aditya Gupta says:

    Nice article … keep writing … BTW what happened to u on twitter ? remember twitter ?

  2. Debasish Panda says:

    Ji, aaj subhe padha TOI main, article holds truth & possibility but in real India execute nahin ho payega, blame the system.

  3. buddingbud says:

    hai…brother…wish to hear from you…when I was upto catch you in twitter..you are away…oops!..I wanted to ask certain questions in writings…I have bundles & bundles of questionS…before that let me ask…WHAT DROVE YOU TO WRITING????

  4. ALBIN ANTONY says:

    well , its nice article . our youngsters especially political leaders should take initiative . keep writting :)

  5. Bonnie says:

    Nice article in TOI today Chetan.very well articulated, specially at the end. Having said that, one thing that I am unable to fathom is that the difference in the after effects, of moving the high priced government facades. Eventually, the situation will again be drifting towards the same set of conditions, only at a newer place, at the cost of the capital city. any ideas on this

  6. Muninder Pal SIngh says:

    Dear Chetan,

    I really liked the above article. I read it in Times of India editorial. I understand lot of people would be writing to you as critics / admirers.

    I am a post-grad in Urban Planning (specialization Housing) by education and consultant in real estate with CBRE by profession. I could not have agreed more with you about Re-development. Different specialists have different views about Re-development such as, What happens to our Urban Heritage, Urban fabric, etc. I am sure you must be aware of Delhi Urban Arts Commission (popularly known as DUAC), the commission responsible for giving NEW DELHI the status, stature, it commands today. Instead of developing new cities at the expense of cultivable lands, higher FAR / FSI oriented re-development is required which further opnes another pandoras box, How will the infrastructure facilitate such as Re-development? Its not that we don’t have answers for that problem, but its just we don’t wish to hear/look at them.

    I come from Chandigarh city, India’s first planned city. I see my city going to ruins, reason, not enough land to expand and accommodate the exponential growth. Our policy makres have forgotten one thing ‘Land is the most scarse resource’ especially in India it is even more. The Minister of Urban Development has no vision for our cities, for towns, villages. The lack of vision will convert our villages, towns, cities, metropolitan cities and megapolitan cities into a nightmare. I understand you have lived in Singapore, where the land is most precious resource and the best part is how they have managed to accommodate so much development. It’s not the geographical area of the city which makes it megacity, but it’s socio-economic-financial and environmental viability.

    In the end I would like to say, we need to learn and engrave one thing in mind that only thing that has survived time is CHANGE. We need to accept the change and evolve as better society.

    Regards

  7. Hello Sir, hoping to see u good infront of the camera..As im big fan of urs..Im expecting u to ask witty questions and show the power of ur good sense of humour..U r a great person and u sud represent urself on the screen..

  8. Hersh Kenkare says:

    liked the article although i thought a little more emphasis on how shifting govt. offices will impact inflation and ease pressure on property rates would have been nice. i felt it was a little vague but hats off to you for tackling an issue not thought about by most of us, including “think tanks” :)..keep writing !

  9. durai says:

    Brilliant!! our govt. Should be run by professionals like iims and MBAs

  10. SARVDA NAND RAI says:

    Dear Sir I belong To Varanasi
    my english is so week but after alot work on dictionary i read yours book 2 States i want to know that this book is how
    many percentge exact match to yours marrige
    ——————-plese reply me sir i wet for this———

  11. Best best best blog in this matter. You know this admin. :)

  12. Mira says:

    Hi Chetan, nice article i enjoy your writing style. Was browsing on the net and came across this blog that i liked with articles and poems just go down the list. The poems are mixed sensual and family check it out and see if you like and give your thoughts. I don’t know the owner but thought maybe it’s someone whose an aspiring writer and you can give them tips.

    http://shahlarveek.blogspot.com/

  13. ravinder singh muker says:

    It is nice idea to use the land judiously side by side you articulated how it can improve our economy. But it is not so simple in our country. For example as there is no support to idea for introducing alternate mass rapid transport system in the cities where we can see a upward swing in four wheeler demand consequently demand in oil again a story of more import of oil,subsidy, rising oil prices. For implementing these ideas can you suggest your views? waiting for reply

  14. Raghu says:

    You know, I read all these editorials that all you intellects publish, but at the end of the day its just what you think should be done. And just because some of you have a brand name, it goes as the editorial on the news paper. But is it really going to transcribe into some real actions. I don’t think so, writing editorials should bring action that transform the life’s of the common man, look at Nilkani, the guy wrote a book on India and now heads UID, that’s where the difference comes my friend, actions, not words. I know you just write, but will that bring any difference. Also if all these M.P’s go to Noida, what happens to their security, every time these fools want to go to the airport, their convoys will cause nothing but traffic jams, plus if some jack ass wants to blow them up, he will take some rich delhites down with them and then the whole nation will say,we should have never moved them in the first place. Poor Soul – may he rest in peace.On second thought, your article makes sense, put all of them in one high rise, and make the terrorists job a lot easier ( mind you his productivity and efficiency will go up as well).

  15. Rather good post. I just stumbled upon your blog page and wanted to say that I have genuinely enjoyed browsing your blog site posts. In any case I’ll be subscribing for your RSS and I hope you write again soon!

  16. shubham pandey says:

    hello sir,
    article was as usual very informative and good one. i dont have any knowledge abt real state and the amt of land shared by indian politicians. but the facts that u have mentioned in ur article is reallu shocking,,,,soorry to say but i also feel very angry when i see large amt of land being provided for places like vijay path and all….i dont mahatma gandhi wrote any thing before dying that he wants a piece of land after his death….nor does nehru …

  17. Mrunal says:

    Hi chetan sir i am a big fan of yours i really like the way you write you are like a gem for me you simply know how to keep tied your readers sir i have also started writing and need your guidance if can have a look at my blogs would be the great reward for me address is http://www.mrunalblogs.blogspot.com
    thanks and regards
    Mrunal

  18. ashok yadav says:

    oh ! really i find u, me a big fan of u ,read all ur novels except two states. On monday i will purchge a copy of it, i always red ur coloumns last one in a hindi news papar about official use of government land ur plan to change think tank to gurgaon i dont like it,ur argument to support ur comment r not enough pl dont mind it .

  19. ashok yadav says:

    HAV U READMY COMENT I KNOW U DIDNT U DONT HAV TIME BECOUSE U R VERY BUSY PERSON NOT PROBLEM WHEN U READ PL REPLY MY EMAIL I M WAITING 4 UR ANS.

  20. Abhishek D says:

    Mr. Bhagat, though I’ve enjoyed reading your books, I’m afraid I don’t quite agree with you on this issue. Extrapolating your idea, is the editor of a National Daily, who advocated selling all th land adjoining the road towards India Gate and Rashtrapati Bhawan to commercial development.

    In the same boat, is Mr. Niranjan Hiranandani, a billionaire builder in Mumbai, who once publicly advocated razing down the Sanjay Gandhi national park (and it’s leopards) to build apartments. A few years back, Maharashtra’s revenue minister also suggested selling off the iconic Mahalaxmi Race-course and the Shivaji Park to get over Maharashtra’s 1 lakh crore debt !!

    Is selling the country’s limited, finite and precious land (and landmarks) to the builder mafia correct ? If yes, then sell-off the area around the Taj, the Konark temple, Dharamsala, Sikkim, Assamese wild-life sanctuaries…….and hey, even the Gir lion sanctuary !

  21. Aditya says:

    I disagree with your point of view. I don’t see the need to move politicians out of the area. Maybe need is to create better infrastructure in outskirts, so that companies and employees can move outside the city and create less havoc on environment of one city. As you can see the havoc multistorey building culture is playing in India, need is to spread population around the city and not concentrate at one single place. Water table is disappearing fast, solid waste is generated at rapid pace, traffic pollution is enormous, greenery is for namesake among other problems. Govt should work on providing facility for businesses to move outside the city, where work can be done at cheaper rate. They will not have to pay higher wages to compensate for high cost of living, they do not have to spend huge amount of money to save on expensive commercial real estate. Add all of this up and you will see major cost savings in providing cost effective exports to the world. Instead of bringing more business to Delhi, need is to spread this business (and population that comes along with it) all around the NCR region.

    Also political capital city does represent unique identity of the city. If parliament is sitting in between high rise, glassy, shiny buildings, it does take away the unique culture of a political city. However embarrassing colonialism might be, it does represent Indian history. I don’t see the need to abolish it.

  22. prabhpreet says:

    hello sir….i wana ask u 1 ques….dat always circle in my mind dat wt happened to neha of 5 pt sm1…..y u left her…???

  23. prabhpreet says:

    i beg sir….plz do reply……

  24. Naresh says:

    Good article. However expecting the government to excute the ideas looks a farfetched dream. The goverment and the system itself suffer from collective lethargy and lack of willingness to make such decisions. I guess no one person holds the authority to implement such decisions. In any case I do not think the government action alone will help here. Dont we as a society contribute in making life worse for the poor by contributing to inflation. Unfortunately the land of Gandhi is totally absorbed in greed of consuming more which is not necessarily adding to one’s quality of life. We are very quick to blame the ploiticians but how many of us follow the rule when it comes to say paying a domestic help. Isnt it it true that our first effort is to get favours, find connection and not follow a straight forward approach in doing anything. We balame the ploticians because it is easy but the corruption is there everywhere across the offices, industries and even in big private multinationals, you will see some one somehere indulging in it. Ideas like this will never get implemented because it is not the politicians alone, we are responsible for it

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