Archive for December, 2010

NCR-Delhi: Realty Trend for 2011

Residential market looks up

DHNS, 31 Dec 10

What defines this year in terms of real estate? The RBI seeing red over the teaser home loan regime, its move to tighten the flow of 'easy money' into the real estate market or the residential sector spearheading recovery of market economy…DH Realty looks back.

A good year for residential sector, not a full recovery for the commercial sector, status quo in terms of Bangalore’s infrastructure…That has been the story of the year gone by for the real estate sector.

According to a survey by makaan.com, “the year 2010 can be considered a mixed year for the Indian real estate sector. The industry displayed some positive signs of revival with homebuyers and investors coming back to the property market on the back of a higher consumer confidence and the promise of sustained GDP growth. This lead to hardening of the property prices in the beginning of 2010. The home prices moved up at a brisk pace during Oct 2009 to March 2010. The sudden and steep rise in prices created a fear in the mind of the genuine homebuyers and they adapted a wait and watch approach during the second half of 2010.”

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Be the first to comment - What do you think?  Posted by ncrhomes - December 31, 2010 at 5:24 pm

Categories: Delhi, Gurgaon, NCR, Noida   Tags: , , , , , , , , , , , ,

Gurgaon new roads, metro, pod n RRTS status

Gurgaon Various Infra Projects News/Status

Please find below the useful links on the news/status of various Gurgaon road/ metro/ rail projects

New Road between Gurgaon and Vasant Kunj

KMP Expressway Progress Hindi Article

Gurgaon-faridabad-6lane-road

Gurgaon-Faridabad Road and Ballabhgarh-Sohna Road Widening

New-flyover-underpasses-cybercity

Gurgaon NPR & SPR (Northern Periphery Road & Southern Periphery Road)

Gurgaon NPR inching closer

Gurgaon NPR project plots to be offered in compensation

Gurgaon SPR and NPR cleared

Eastern Peripheral Expressway hurdles cleared

Gurgaon Private Metro/ Rapid Ransit Sstem (RRTS) /Pod Taxi/Infra Projects

Gurgaon Private Metro (Rapid Metro Rail Gurgaon)

Gurgaon Pod Taxi

Gurgaon Manesar Corridor infrastructure

NCR orbital trains along peripheral expressway

 

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Be the first to comment - What do you think?  Posted by ncrhomes - at 9:47 am

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Delhi- NCR sees whopping 36% price rise in residentials in 2011

Update 30 Dec 10

Residential prices rise 36% in Delhi-NCR in 2010

NEW DELHI: After more than a year of lull, the residential segment in Delhi- NCR and Mumbai have witnessed price rise by up to 36 per cent during 2010 on the back of good demand.
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Be the first to comment - What do you think?  Posted by ncrhomes - December 29, 2010 at 7:47 pm

Categories: Delhi, Gurgaon, NCR   Tags: , , , , , , , , ,

Noida-GNoida Society Flats: Registry deadline of 15 March 11

Update 29 Dec 10,

 

If you hold a society flat in Noida-Greater Noida or anywhere in in GB Nagar, get ready to complete registration of your flats by 15 March 11. This deadline had been given by SC that has given a decision in favour of govt authorities.

For more info, refer below article

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Be the first to comment - What do you think?  Posted by ncrhomes - at 6:39 am

Categories: Greater Noida, Noida   Tags: , , ,

Gurgaon NPR- Inching Closer

No Progress Road: NPR to miss second deadline

HT Correspondent, Hindustan Times
Gurgaon, December 03, 2012

Eight months after it missed its first deadline, the much-hyped Rs. 57 crore Northern Peripheral Road (NPR) project is still struggling to reach the finish line even as the second deadline looms round the corner. The 18-km-long road, also known as Dwarka Expressway, is bound to miss the

December 31 completion deadline — thanks to the lackadaisical attitude of the Haryana Urban Development Authority (Huda).

The 150-metre-wide road will connect Dwarka in Delhi and Kherki Daula on NH-8.

Of the 18-km stretch, the bituminous work is complete hardly on eight km area. Moreover, a four-km stretch is entangled in a legal dispute.

"We still have 28 days and we hope to complete at least five km. I have asked the contractor to speed up the work and complete the stretch by end of the month," said Pankaj Kumra, chief engineer, Huda, the custodian authority of the project.

When questioned about the reason for the delay, the chief engineer said, "The contractors are facing law-and-order problems on the NPR, mainly on the portion under litigation. The workers are having difficulty as many houses and establishments have not been removed for the work.”

The delay has shattered the dreams of tens of thousands of buyers and builders whose money is invested in hundreds of projects coming up along the NPR. The project was awarded to JSR Construction Pvt Ltd and Indiabulls Construction Limited on April 1, 2011 and its first deadline was March 31, 2012.

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Be the first to comment - What do you think?  Posted by ncrhomes - at 5:51 am

Categories: Delhi, Gurgaon, NCR Transportation   Tags: , , ,

No Toll on Greater Noida Expressway ?

‘No toll’ for G Noida e-way

28 Dec 10

Relief is in the offing for thousands of vehicles which use the 24-km-long Noida-Greater Noida Expressway every day. The state government may let the link road remain toll-free. Early this year, the government had issued a notification, saying a toll plaza would be set up on the highway (near Amity University) next year.

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Be the first to comment - What do you think?  Posted by ncrhomes - December 28, 2010 at 11:15 am

Categories: Greater Noida, Noida   Tags: , , ,

Noida/GNoida get 10,000 crore for 2011

Noida budget in 2011 for its development: R10,000 crore
 Hindustan Times
NOIDA, December 28, 2010

The twin cities of Noida and Greater Noida are set to become one of the biggest infrastructural hubs in the country with a balanced approach towards upgrade of civic amenities. Starting 2011, Noida authority will spend R10,000 crore on development over the next five years. The projects include four

bridges over river Yamuna, two major road corridors with flyovers, underpasses and signal-free traffic, besides links to the Delhi-Mumbai freight corridor, Eastern Peripheral and Upper Ganga expressways.

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Be the first to comment - What do you think?  Posted by ncrhomes - at 5:52 am

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Gurgaon to Chandigarh- by Shatabdi Express !

Catch a Shatabdi to Gurgaon…

CHANDIGARH: If plans translate into action, you could soon be boarding a Shatabdi Express to Gurgaon. The extension of the popular train service to the Haryana city is on the cards, with railway officials considering the proposal.

Apart from hundreds of techies and management professionals who shuttle between Chandigarh and Gurgaon for work, the added facility is likely to bring respite to those who don't have private conveyance and often have to take a cab from the New Delhi railway station, an exercise that is more cumbersome than the train ride itself.
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Be the first to comment - What do you think?  Posted by ncrhomes - December 27, 2010 at 10:07 am

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Gurgaon new sectors- home to highrise apartments

Highrises to take centre stage in Gurgaon-Manesar belt

NEW DELHI: The national capital's satellite township of Gurgaon, a city of malls and commercial skyscrapers , is seeing a growing trend of highrise residential apartments marking its skyline. As much as 60% of the total population residing in the 57 sectors of Gurgaon lives in these highrise societies built by private developers likeDLF, Unitech, Emaar MGF, among several others.
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Be the first to comment - What do you think?  Posted by ncrhomes - December 24, 2010 at 10:14 am

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Great infrastructure of Greater Noida

In India, Greater Noida has marked its prominence as best planned city due to its great infrastructure. It's wide roads, service lanes, greenery and redlight free streets attract one and all. Infact Greater Noida expressway is considered best landscaped highway in whole North India and this would be continued with jaw dropping Yamuna Expressway landscaping on both sides.

Now with the coming of Formula One race, Night Safari, bird sanctuary, 130 meter wide expressway, yamuna expressway, Greater Noida metro, Dadri Junction for Delhi-Mumbai Freight Corridor, Ganga expressway, Upper Ganga Canal expressway, transport hub and a proposed airport would stamp its authority over rest of the cities in India.

Please refer below article for more details

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Be the first to comment - What do you think?  Posted by ncrhomes - at 9:12 am

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Gurgaon Expressway to become smoother

Gurgaon Expressway to Have more toll lanes and 4 new underpass

The residents of Gurgaon and Manesar have a news to cheer up. Soon Gurgaon expressway would have four new underpasses, 2 additional lanes at Kherki-Daula toll entry points (presently 10 toll points) and 18 additional toll entry points on Delhi-Gurgaon border toll plaza (presently 32 toll entry points).

The four underpasses are proposed on expressway from Gurgaon to Bilaspur Chowk to make the commuting hassle free on this stretch. These include under pass at Narsinghpur, Kherkidaula, Anajmandi and Hero Honda Chowk.
For more info, please refer to below news article

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Be the first to comment - What do you think?  Posted by ncrhomes - at 8:41 am

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Delhi, Gurgaon n Noida- Fav inv destination in Asia-Pacific Region

Realty pecking order holds out hope

Mumbai, Dec. 23:India is emerging as a top destination for real estate in the Asia-Pacific region with Mumbai and New Delhi ranked third and fifth, respectively, in a list of the region’s most promising investment markets for 2011.

A report by Urban Land Institute and PricewaterhouseCoopers (PwC) titled “Emerging trends in real estate; Asia Pacific 2011” also heaps praise on Mumbai and Delhi as the most favoured destinations for development prospects.

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Be the first to comment - What do you think?  Posted by ncrhomes - at 6:51 am

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UP races to 2nd spot in attracting investment

Bangalore:

Among the top 20 investment attracting states, Karnataka has emerged as most preferred destination with the highest share of 9.1 per cent in domestic investment plans in April-September 2010, as per 'Associated Chambers of Commerce and Industry of India Investment Meter (AIM).'

Karnataka clocked an year-on-year growth of 73.8 per cent and attracted investments of Rs 3,88,578 crore.

Uttar Pradesh acquired second spot with a growth of 75.5 per cent (y-o-y) and 4.7 per cent share of total investments in April-September 2010-11. The state attracted massive investment plans of Rs 205,189 crore during the period.

Power and services were prominent among the sectors attracting major share investment.

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Be the first to comment - What do you think?  Posted by ncrhomes - December 23, 2010 at 1:49 pm

Categories: NCR, Noida   Tags: ,

Badarpur Flyover- Problems Persist

Smooth passage on Badarpur road, Same Jams Down Under

With only cars taking the elevated road and several loops creating new bottlenecks, traffic on the ground remains as bad as ever near the Delhi-Faridabad border

Rumu Banerjee | TNN

Built at a cost of Rs 340 crore, the Badarpur elevated road was supposed to be the one-stop solution to the traffic nightmare that motorists faced on the Delhi-Faridabad border. Yet, weeks after being inaugurated, the elevated corridor seems to have only thrown up a host of new problems. Traffic jams are still a common sight here, made worse along the multiple loops that come down from the elevated corridor towards Jaitpur, Mehruali and Badarpur village. Long lines of vehicles jostling to get around the loops are followed by the equally long queue near Aali Village, the last — or first, depending on the direction you’re coming from — junction before you get on the elevated corridor.
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Be the first to comment - What do you think?  Posted by ncrhomes - at 6:36 am

Categories: Faridabad, NCR Transportation   Tags: ,

WB Loan for Eastern Freight Corridor

Dedicated Freight Corridor is one project that can dramatically change industrial face of India and NCR region in particular. There is a positive news flow on Eastern Dedicated Freight Corridor as the World bank has issued Rs 10,800 crores loan for corridor. The corridor runs from Ludhiana to Bihar (to be extended to Kolkata) with a total length of 1280 km. Dadri would be the junction of Eastern and Western Dedicated Freight Corridor. The more popular and dynamic Delhi-Mumbai Dedicated Freight Corridor would be 1483 km long between Dadri and Mumbai.

Refer to below news article from NBT

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Be the first to comment - What do you think?  Posted by ncrhomes - December 22, 2010 at 7:17 pm

Categories: Delhi, Faridabad, Ghaziabad, Greater Noida, Gurgaon, NCR, NCR Transportation   Tags: , , ,

KMP Expressway: Further Delayed

महत्वाकांक्षी परियोजना केएमपी एक्सप्रेस-वे का 53 किमी लंबा पहला चरण होगा शुरू

Story Update : Sunday, February 05, 2012     12:01 AM

 

गुड़गांव। प्रदेश की महत्वाकांक्षी परियोजना कुुंडली-मानेसर-पलवल (केएमपी) एक्सप्रेस-वे (वेस्टर्न पैरीफेरल एक्सप्रेस-वे) के पहले चरण में 53 किमी लंबा मानेसर से पलवल रूट अप्रैल में शुरू हो जाएगा, जबकि 135 किमी पूरे केएमपी एक्सप्रेस-वे को वर्ष के अंत तक खोल दिया जाएगा। गौरतलब है कि केएमपी एक्सप्रेस के निरीक्षण के बाद मुख्यमंत्री परियोजना में हो रही देरी को लेकर नाराजगी भी जाहिर कर चुके हैं। केएमपी एक्सप्रेस-वे को शुरू करने के लिए अब तक कई बार डेडलाइन बदली जा चुकी है। मानेसर से पलवल रूट खुलने पर टोल का भी भुगतान करना होगा।
चार राष्ट्रीय राजमार्गों को आपस में जोड़ने वाले केएमपी एक्सप्रेस-वे का करीब दो हजार करोड़ रुपये की लागत से निर्माण किया जा रहा है। केएमपी एक्सप्रेस-वे के शुरू होने से एनएच-1, एनएच-10 और एनएच-8 से होता हुआ पलवल में एनएच-2 से मिलेगा।
कंपनी प्रवक्ता के अनुसार, केएमपी एक्सप्रेस-वे दिल्ली-अमृतसर राष्ट्रीय राजमार्ग-1, दिल्ली-फाजिल्का राष्ट्रीय राजमार्ग-10 तथा दिल्ली-जयपुर राष्ट्रीय राजमार्ग-8 को काटता है, इसलिए वहां बडे़-बडे़ लूप बनाए जाएंगे। यह लूप दिल्ली में धौला कुआं पर बने लूप जैसे होंगे, जिनसे वाहन चालक राजमार्गों से केएमपी एक्सप्रेस-वे के ऊपर चढ़ सकेंगे तथा नीचे भी उतर सकेंगे।
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Be the first to comment - What do you think?  Posted by ncrhomes - December 21, 2010 at 7:02 pm

Categories: Delhi, Faridabad, Greater Noida, Gurgaon, NCR Transportation   Tags: , , ,

ET Realty Convention 2010: Planning new-age townships

ET Spcl: The way forward for new-age townships

20 Dec, 2010, 08.48AM IST, Neha Bhatia,ET Bureau

With metro cities already bustling with over-population , the focus of real estate developers and urban planners has now shifted towards developing the satellite towns on the periphery of bigger cities. However the biggest bottleneck in popularising new townships in the peripheral regions is the lack of proper connectivity. As the real estate sector is finally coming on the fast track, connectivity remains the major concern.

Giving an overview of the sprawling urban areas in different parts of the country at the Economic Times Realty Convention 2010, Kumari Selja, Minister, Housing & Urban Poverty Alleviation said, "Almost all the major towns and cities have expanded along the highways connecting cities in regions for example Delhi-Jaipur , Delhi-Meerut , Mumbai-Ahmedabad , and so many others throughout the country.
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Be the first to comment - What do you think?  Posted by ncrhomes - December 20, 2010 at 5:38 pm

Categories: Delhi, Faridabad, Ghaziabad, Greater Noida, Gurgaon, NCR, NCR Transportation, Noida, Yamuna Expressway Authority   Tags: , , , , , ,

Delhi to get rid of blueline buses by 31 Jan 11

Delhi to float tenders for more bus route clusters

 
2010-12-19 23:00:00

New Delhi, Dec 19 (IANS) With Jan 31, 2011 fixed as last day for Blueline buses on the capital's roads, the Delhi government has decided to float tenders for more routes soon under the cluster system.

The city has so far cleared five clusters, a system under which the over 600 routes in the city have been divided among 17 clusters. Under this, over 800 buses will be on the roads within six months.

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Be the first to comment - What do you think?  Posted by ncrhomes - December 19, 2010 at 6:45 pm

Categories: Delhi   Tags: , ,

Housing Prices in Delhi-NCR at 2008 High

Housing prices in Delhi, Mumbai at 2008 peak level: JLL

NEW DELHI: Global property consultant Jones Lang LaSalle today cautioned that housing prices in Delhi-NCR and Mumbai have reached the peak level of 2008 and any further rise in the rates will adversely affect the demand.
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Be the first to comment - What do you think?  Posted by ncrhomes - at 6:31 pm

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Noida Building Bylaws 2010 notified

Revised and Comprehensive Noida Building Regulation 2010

The Noida Building Bylaw 2010 has been notified and is available at following link

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Be the first to comment - What do you think?  Posted by ncrhomes - December 18, 2010 at 7:22 am

Categories: Greater Noida, Noida   Tags: , ,

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