Slave Island Re-development Project - Stage II Case Study

1. Slave Island Re-development Project - Stage II Case Study Plnr. PriyaniNawaratne Dy. Director (Planning) Urban Development Authority

2. Project Identification • Beira Lake Restoration Project Residential Zone Average FAR Minimum 04 Floors G +3 Slave Island Re-development Project – Stage I Slave Island Re-development Project – Stage II Recommended Uses Housing Consumer service establishment Shops Specific use (Religious activities) Slave Island Re-development Project – Stage II

3. Project Area Justice Akbar Mw. UDA Land Land Extent – 3 A 1 R 4.3 P Private Land Land Ownership and Uses UDA Land - 5 Lease holders Private Land – 119 Residential units Railway Land - 28 Quarters Beira Lake Railway Dept. Land Don Carolis & Sons (Pvt) Ltd. Slave Island Re-development Project – Stage II

4. Station Passage Re-location Status of the private lands Demolished Slave Island Re-development Project – Stage II

5. Objectives/ Benefits of the Project • The project has multiple objectives as given below, • To densify the development and to utilize the land in more productive manner and thereby contribute to the national economy. • To release prime lands to the property market. • Enhance land values through productivity of land on site and in the neighboring properties. • Provide conducive living environment for more than 150 families. • National benefits • Creation of an active commercial hub to cater to both tourism needs and local economy. • Creation of international standard infrastructure aligned to growth need of the economy. • A model for urban renewal to create a win – win situation. Slave Island Re-development Project – Stage II

6. Objectives/ Benefits of the Project • Community benefits • The occupants will be housed in a completely new environment enhancing the standard of life with proper sanitary facilities and lifts. • The project will provide open spaces and public gathering spaces for the occupants. • Employment prospects. • Clear title for ownership (Condominium ownership) and privilege of mortgage facility. Slave Island Re-development Project – Stage II

7. Proposed Investment The Developer : M/S Imperial Builders (Pvt) Ltd. . (a subsidiary of Lakhani Group) in Pakistan Method of Financing : Foreign (100%) the total investment will be born by the Developer. Project Duration : 5 – 6 years Investment : Rs. 112 billion Slave Island Re-development Project – Stage II

8. Method of alienation of land • The developer will construct 192 housing units (with Railway quarters) for relocation on the land vested . In lieu of the cost to be incurred by the company a portion of land will be released on free grant basis. • UDA land will be released on Chief Value's valuation for 50 year lease period. • The developer will be allowed to sell residential units on free hold basis and Commercial units on 50 year lease basis for their profit. Responsibility of the Developer • Take the complete responsibility for Design, Build and Finance the re-development project. • Bear the cost of relocation of the tenements during construction period in the way of rentals. • Execute and handover the resettlement buildings to UDA as per the agreement. Slave Island Re-development Project – Stage II

9. Role of the UDA • Urban Development Authority will act as a facilitator, committer and organizer for the entire project to: • Provide the assistance and support for the developer to interact with various statutory authorities and agencies for project related approvals and permissions. • Take the responsibility to deal with the present occupants and hand over the clear possession of the land to the developer. • Manage the relocation of the present occupants during the construction period. • Handle the allotments and transfer the tenements after completion of the construction. • Facilitate to establish a maintenance body of the relocation apartments jointly with the Condominium Management Authority. • Facilitate title registration of residential units for prospective buyers. Slave Island Re-development Project – Stage II

10. Proposed Land Use Road Community Relocation Bo Tree Railway Relocation Community Relocation Area for Commercial Development Area for Commercial Development Proposed 9m Road Proposed 6 m linear Park

11. Relocation Program Housing Units for Railway Department Housing Units for the Community Slave Island Re-development Project – Stage II

12. Social Aspects of the Project • The data base was finalized with the participation of occupants . • UDA had several awareness programes with the occupants. • Several options for their hosing requirements. • Free to contact any time (Official/ Mobile phones) • Only UDA officials handle the project • The policy of the project is applied for all Slave Island Re-development Project – Stage II

13. House plans also discussed with them before finalized. Slave Island Re-development Project – Stage II

14. MOU with all the details Slave Island Re-development Project – Stage II

15. Strategies use for social safeguards • Listening • Equity • Shearing • Give more benefits to the community Slave Island Re-development Project – Stage II

16. Lessons learnt • To minimize the construction period • To achieve the time targets • Social interactions • Importance of the infrastructure facilities and coordination of the agencies Slave Island Re-development Project – Stage II

17. THANK YOU Slave Island Re-development Project – Stage II

18. Project Need • Overcrowded and unhealthy living conditions in most of the housing units deprived of basic requirements for human habitants will be addressed by the project. • More than 90% of the land parcels are irregular which do not fulfill the basic regulations in land parceling and thereby restricted from high density development. But, under this project, provides condominium housing apartments and commercial developments to solve the problems. Slave Island Re-development Project – Stage II