NCR

Agra-Lucknow expressway gets UP cabinet approval

Agra-Lucknow-Expressway-Route-Map-Tender-Big-Map

Agra-Lucknow-Expressway-Route-Map-Tender

agra-lucknow-expressway-tender-project-tender

agra-lucknow-expressway-tender-project-tender

Agra-Lucknow-Expressway-proposed-map

Agra-Lucknow Expressway to be operational by Oct 2016

Rs 15,000 cr project would span 10 districts in Uttar Pradesh

Virendra Singh Rawat  |  <news:geo_locations style=”box-sizing: border-box;”>Lucknow May 20, 2015 Last Updated at 17:54 IST

Uttar Pradesh government is pushing for its flagship Agra-Lucknow Expressway to be operational by October 2016.

The proposed 302 km expressway is estimated to cost nearly Rs 15,000 crore. The contract for the mega project has already been awarded to private developers after dividing it into five packages and the work is on.

It is touted to be the longest access-controlled expressway in India to be funded entirely from the state coffers. It spans 10 districts, which would be intersected by it, namely Agra, Firozabad, Mainpuri, Etawah, Auraiya, Kannauj, Kanpur City, Unnao, Hardoi and Lucknow.

It is a pet project of chief minister Akhilesh Yadav, who is keenly pursuing it along with other flagship projects also underway such as IT City, Lucknow and Lucknow Metro Rail.

In a review meeting here today, UP chief secretary Alok Ranjan directed officials that the package-wise review be held on monthly basis, so that the expressway meets its project timelines and is operational by October 31, 2016.

The state has planned to develop agricultural ‘mandis’ along the expressway to spur the economy by providing faster transport to agricultural produce, handicrafts, small industries etc. This region is known for high dairy, potato, fruits and food grain production.

Meanwhile, Ranjan also reviewed other projects, including Centralised Mega Call Centre, IT City and Trans-Ganga projects in the meeting of Project Monitoring Group.

Ranjan expressed displeasure over the slow pace of work on IT City. He said the project should be functional by October 2016 under all circumstances. He directed the state environment department to issue No-objection Certificate (NoC) within a week.
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Noida- Work Starts for New Bridge on Yamuna

Noida starts work on 8 Lane Bridge across Yamuna

Vinod Rajput, Hindustan Times  Noida, September 29, 2014

First Published: 21:04 IST(29/9/2014) | Last Updated: 21:06 IST(29/9/2014)
The Noida authority on Monday started work on an eight-lane Rs. 450 crore bridge running parallel to existing Kalindi Kunj Bridge.

“We have begun mobilizing construction material and equipment etc today to start building the pillars for the bridge. Work of bridge is expected to be completed in next 24 months,” said Yadav Singh chief project engineer (CPE), the Noida authority.

The work on this project got delayed owing to delay in getting environmental and other requisite clearances.
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Noida plans a double-decker elevated road

Noida plans a double-decker elevated road

Vandana Keelor,TNN | Sep 9, 2014, 09.09 PM IST

NOIDA: In a bid to reduce travel time between Delhi and Ghaziabad, the Noida Authority wants to build a double-decker elevated road from Sector 63 towards NH-24 and has sought an NOC (no objection certificate) from the National Highways Authority of India (NHAI).

"The starting point of the double-decker elevated road will be at Chijarsi village in Sector 63. It will circle over NH-24 and provide exit and entry points from Delhi, Ghaziabad, Bulandsahar and Meerut," said KR Verma, in-charge of work circle 4.
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East Delhi- IGI Rd on cards

East Delhi-IGI Rd on cards

Rahul Chhabra, New Delhi, Sept 3, 2014, DHNS:

Barapullah Road may be extended till airport, NH-8

Travelling from east Delhi to the airport and the Delhi-Gurgaon Expressway in the west could be reduced to just a zip thorugh.

Impressed by the success of the elevated Barapullah Road over a drain, the Delhi government is studying the feasibility of extending the signal-free road between Sarai Kale Khan and INA up to the airport and the Delhi-Gurgaon Highway – a part of the National Highway 8 going upto Jaipur.

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DDA Housing Scheme 2014

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DDA-Flat-Scheme-2014-OnlinePayment
 

DDA website crashes as 'Housing Scheme 2014' launched; 25,034 flats up for grabs

Posted by: Preeti Panwar Updated: Monday, September 1, 2014, 17:49 [IST]

DDA website crashes as 'Housing Scheme 2014' launched; 25,034 flats up for grabs Posted by: Preeti Panwar Updated: Monday, September 1, 2014, 17:49 [IST] Use ← → keys to browse more stories 0 DDA launches 'Housing Scheme 2014' Ads by Google TATA Promont @ 2.47 Crore Exclusive Hilltop Residences by TataHousing, Bangalore. Know More! tatahousing.in/The-Promont 2 BHK Flat in Dombivali Palava Dombivali 45L Onwards! Luxury 2BHK Flat Sale in Dombivali. lodhapalava.indiahomes.com/BookNow New Delhi, September 1: The highly-anticipated 'Housing Scheme 2014' of the Delhi Development Authority (DDA) was launched on Monday at the Vikas Sadan, its headquarters , as locals and people from neighboring states stood in long queues to buy the application form on the very first day.

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Why India may see several ‘little Singapore’ smart cities in 5 years

Why India may see several ‘little Singapore’ smart cities in 5 years

18 Aug 2014

The government has already initiated concrete steps to implement Prime Minister Narendra Modi’s promise of building 100 ‘smart cities’ – eco-friendly cities which use innovative Information and Communication Technology (ICT) for efficient delivery of public services and infrastructure.

PM Modi’s pet idea of building 100 ‘smart cities’ would need massive financial resources and technological prowess. For both these prerequisites, India will have to look up to foreign countries. Many countries have expressed their interest towards this endeavour of the new Indian government.

The Modi government has allocated Rs 7,060 crore (a little over $1.1 billion) in its maiden union budget to kickstart the smart cities project.

Singapore has emerged as a major foreign player in the Indian scheme of things in this context.

The government plans to deliver three smart cities by 2019, all of which will be part of the larger project called Delhi-Mumbai Industrial Corridor (DMIC). These smart cities, scheduled to be completed by 2019, are Dholera, Shendra-Bidkin and Global City.

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Delhi Light Rail System (LRT) Plans

Delhi LRT Route-Map

Delhi LRT-Plans-News-route-map

Capital may think about these options

Sandeep Yadav

25 Feb 12

Metro tracks cannot be built in every nook and corner of the city owing to variety of reasons

Let us accept it. Metro tracks cannot be built in every nook and corner of the city owing to a variety of reasons – congested localities and Ancient Monuments and Archaeological Sites and Remains (Amendment and Validation) Act, 2010, just to names two.

As per the Act, new construction is prohibited within 100 metres of a protected monument and there are restrictions on construction within 100 to 300 metres. Such restrictions are bound to create a problem in the city strewn with hundreds of protected monuments as was evident in November 2011 when the Archaeological Survey of India (ASI) issued a stop-work notice to Delhi Metro Rail Corporation on the proposed Central Secretariat-Kashmere Gate section at Janpath.

Monorail is one solution
So what are the options? Experts believe that rail-based transport systems like monorail and Light Rail Transit System in Delhi should be the available options. In fact, the Delhi Cabinet last month gave in-principle approval for the monorail connectivity between Shastri Park Metro Station and Trilokpuri, via Laxmi Nagar in east Delhi.

“Fast and pollution-free elevated intercity new mode of transport Mono Rail has also been recommended as a mass transit in Master Plan Delhi (MPD) 2021. Besides having less noise as compared to other systems, it will also be aesthetically attractive,” Chief Minister Sheila Dikshit had announced. Monorail will be a realty in Delhi by 2017, she added.

Proposed route
According to a government official, it has been decided that the route will start from Shastri Park Metro Station passing through Yamuna Pushta Road, Rajaram Kohli Marg, Geeta Colony, Patparganj Road, Nirman Vihar Metro Station at Vikas Marg, Ganesh Nagar, New Patparganj Road, Sanjay Lake to terminate parallel with proposed Trilokpuri Metro Station.
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Wave City Ghaziabad (Hi Tech City) making waves

Wave City Re-starts Plot Allotment to Original Applicants

In a major move displaying Walk-The-Talk, the realty major has re-started alloting the plots to the original applicants who were awaiting the plot allotment since 2005. The allotments are being made in Wave City NH-24 in sectors 15, 16, 17 & 18. These sectors are very close to upcoming Eastern Peripheral expressway and the 60 meter road from Noida Extension to Hapur. Even though these new sectors 14/15/16/17/18 may look located in interior but time would tell that they are located to newer infrastructure development areas (Eastern Peripheral Expressway and Noida Ext-Hapur master road in Greater Noida Phase 2.

The Ph 1 plots are expected to be ready by mid-2013. The best returns on these plots are expected at that time (25-35 K psy).

The below map is indicative as there have been slight changes in the layout

Wave-City-NH24-Sector-Layout-map-model.jpg

Wave-City-Sect-16 SUNNY_WOOD_ENCLAVE

बंगला हुआ पुराना, हाईराइज का जमाना

नवभारत टाइम्स | Sep 28, 2012, 08.00AM IST

किरणपाल राणा नवयुग मार्केट
एनसीआर में कोठी – बंगले की चाहत रखने वालों के लिए बुरी खबर है। एनसीआर प्लानिंग बोर्ड एक ऐसी पॉलिसी पर काम कर रहा है , जिसके तहत मकान बनाने के लिए प्लॉट नहीं मिल सकेंगे। लोगों को ग्रुप हाउसिंग में फ्लैट लेकर ही रहना होगा। बोर्ड की यूपी सेल के चीफ कोऑर्डिनेटर एस . के . जमान के अनुसार , घरों की बढ़ती डिमांड और घटती जमीन के मद्देनजर ऐसा किया जा रहा है। बताते चलें कि केंद्रीय शहरी विकास मंत्री कमलनाथ ने भी हाल ही में दिल्ली में हाईराइज बिल्डिंगों की वकालत की थी।

यह है समस्या : एनसीआर प्लानिंग बोर्ड की सर्वे रिपोर्ट के के मुताबिक , गाजियाबाद में हर साल औसतन 1.97 लाख लोग नए मकानों की डिमांड करते हैं। जीडीए , आवास – विकास परिषद और यूपीएसआईडीसी इस जरूरत को पूरा करने के लिए काम करती हैं। हालांकि तीनों विभाग डिमांड पूरी नहीं कर पाते हैं। 2005 में प्रदेश सरकार ने पॉलिसी बदलकर हाउसिंग डिवेलपमेंट में प्राइवेट सेक्टर को भी मौका दिया। इसके बाद नई समस्या खड़ी हो गई। मकान बनाने के लिए बढ़ती जमीन की मांग के एवज में खेती की जमीन कम हो रही है। पिछले 5 साल में खेती की करीब 16 हजार एकड़ जमीन रेजिडेंशल यूज के लिए किसानों से ली गई। अब खेतों को बचाने के लिए बोर्ड नई पॉलिसी तैयार करने में जुटा है।
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NCR Water Needs: Himalaya to Quench Thirst

हिमालय ही बुझाएगा एनसीआर की प्यास

Thursday, January 19, 2012  

भविष्य में भागीरथ्‍ाी के सहारे चलेगी करोड़ाें की जिंदगी
दिल्ली-एनसीआर के पीने को पहाड़ से लाना पड़ेगा पूरा पानी
2021 में यहां होगी 25 हजार एमएलडी पानी की जरूरत
एनसीआर प्लानिंग बोर्ड ने दिखाई राह
गंगा किनारे गढ़ और बुलंदशहर में लगाने होंगे वाटर प्लांट

गाजियाबाद। अभी से बूंद-बूंद पानी को तरसते दिल्ली-एनसीआर में जब बीस बरस बाद भीषण जल संकट गहराएगा, तब बुरे वक्त में अपना हिमालय ही काम आएगा। विशेषज्ञों ने भागीरथी-गंगा का तीन गुना ज्यादा पानी लाकर राष्ट्रीय राजधानी क्षेत्र की प्यास बुझाने की राह सुझाई है। एनसीआर प्लानिंग बोर्ड (एनपीबी) ने मिशन 2021-31 में टिहरी बांध को दिल्ली-एनसीआर की ‘लाइफ लाइन’ बताया है।
एनपीबी की रिपोर्ट के मुताबिक, जनसंख्या विस्फोट के चलते अगले दस साल में दिल्ली-एनसीआर की जल जरूरत तीन गुना बढ़ जाएगी। 2021 में यहां पीने के लिए करीब 12 हजार एमएलडी पानी की दरकार होगी तो उद्योगों के लिए भी इतना ही पानी जरूरी होगा। हालात खराब इसलिए होंगे, क्योंकि यहां मांग के मुकाबले भूजल उपलब्धता एक चौथाई से भी कम रह जाएगी। हालात भांपकर प्लानिंग बोर्ड ने अभी से केन्द्र और राज्य सरकारों से तुरंत वैकल्पिक जल इंतजामों में जुटने की सिफारिश की है। इसका ब्लूप्रिंट भी सरकार को भेजा जा चुका है।
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Skyscrapers of Delhi- NCR

Supertech Launches 'Supernova' at Sector 94, Noida

(05/12/2011)

After the successful launch of North India's tallest residential development, North Eye, Supertech Limited has announced the launch of yet another one of its kind, grandeur project, 'Supernova', which is North India's biggest mixed-use development spread across 5 million sq. ft. of area. The project has five towers amongst which 'Spira' – The Iconic Tower is India's tallest mixed-use development having 80 floors which stand at 300 meters.

Supernova being a mixed use development project has residences, service apartments, hotels, shopping malls, office spaces and recreational centers. The benefit of mixed use development redefines Supernova as an epicenter. The project unveils opulence, luxury and elegance, with the world class luxurious modern conveniences.

On the occasion of the launch of Supernova, Mr. RK Arora, Chairman & Managing Director of Supertech Limited said, "With the dream of providing a world class architectural masterpiece, we are launching this spectacular project, which has five state-of-the-art world class towers including the India's tallest mixed use development that has 80 floors, which stands 300 meters high".
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Gurgaon or Noida: Best Satellite Town of Delhi-NCR

F1 powers Noida as Gurgaon hit with perils of rapid, unplanned growth

Arati R Jerath and Prabhakar Sinha, TNN Nov 16, 2011, 12.06pm IST

The poor cousin from Mayaland never looked this close to eclipsing the Millennium City, which is now an urban sprawl with a creaking infrastructure. Rapid unplanned growth has been Gurgaon's bane, while Noida rides the twin advantages of better planning and competent trunk infrastructure.

The unveiling of the state of-the-art Formula One racing track in Greater Noida and the world-class Yamuna Expressway leading up to it have sent a frisson of concern coursing through Gurgaon on Delhi's southern border.

Suddenly, there's a buzz about the poor cousin from the east side. Almost overnight, the badlands of Mayawati Pradesh have transformed into a Shanghai miracle with a scale and quality of construction not seen before in India. And it's threatening to put swanky Gurgaon in the shade.

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Harit Pradesh (Paschhimanchal) – Wah! Taj of Indian States

Lucknow is set to lose its political power as 3 new districts are set to gain all important power: Meerut (Harit Pradesh), Varanasi (Poorvanchal) and Jhansi (Bundelkhand) as plans unfold for trifurcation of Uttar Pradesh in 3 more states. The maximum power would flow to Meerut (Harit Pradesh) as it contributes about 72% of total income of undivided UP but gets allocation of only 18%. Presently, UP has the second largest economy ($400 billion based on PPP and $109 billion nominal) in India after Maharashtra, 72% of this would would take the new state economy sixth only behind Mah, AP, TN, Guj and, WB (StatesGDP-Link). While more details emerge, the upcoming Harit Pradesh would rise from ashes and would be ready to take on the best of the Indian states on each parameter of development and tourism (Agra Taj, Mathura, F1 and Yamuna Expressway are only a trailor- story abhi baki hai).

While Meerut had been in contention for the new capital for long, it is Noida/Greater Noida/ Yamuna Expressway Authority that would be the financial capital of this new state. Noida already hosts most of the Indian TV channel offices in Film City so marketting would not be a problem for the state. The state already has metro to Noida and Ghaziabad and soon Meerut would have a high speed train corridor. A large part of Harit Pradesh is already part of NCR (National Capital Region). Agra (Taj) and Mathura (temples) would also get their dues that they could not get from undivided UP.

 

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India`s First Private Metro: Gurgaon- RMGL to start from 2013

Map-Rapid-Metro-Gurgaon Extension to Sec 56, Golf Course Road-Sikandarpur

Map-Sikandarpur-Sec 56-Rapid Metro Gurgaon Extension

RMGL-Gurgaon-Metro-Map

Foundation stone laid for Gurgaon rail extension

04 Oct 2012 ⋅ by J. Kumarin Rail News, Rail Projects0 Comments

Chief Minister of Haryana Bhupinder Singh Hooda has laid the foundation stone for the extension of the Rapid Metro Gurgaon.

The proposed 7km South Extension of Gurgaon metro, once operational, will run from Sikenderpur station of Delhi Metro to Sector 56 in Gurgaon.

The public private partnership (PPP) project implemented on DBFOT – design Build Finance Operate and Transfer – mode will be developed with an investment of $41.18 million, which will be funded out of mix of debt and equity.

Construction work is expected to start by January 2013 and is scheduled to be completed by July 2015.

The route will have six stations and 12 trains are planned, each with three cars – both phases – for 15 minutes trip time with 2-4 minutes headway.

Land required for the project along road meridian will be made available by the government of Haryana.

The structure proposed is a double track standard gauge elevated viaduct along the road median. The structure will be designed to match the existing environment of the millennium city.

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India’s Largest Commercial Center- Wave City Center Noida

Important Info: This website does not wish to promote this or any other projects. Recently a lot of complaints have been raised againt Wave Infra group related to their project Wave City NH-24. The key issues against the promotor company has been namely, 1)  Non-allotment of plots to majority of orig applicants (year 2005) even after 7 years wait, 2) Unethical practices by changing the orig priority list by asking more money, 3) Slow pace of work since 2005, no road connectivity from NH-24 to site or completion of internal sector roads, no timebound site deveopment since 2005, 4) Non-transparency in the allotment of plots as premium location plots sold at high prices bypassing the orig applicants. Moreover orig applicants allotted remote location plots (Sec 15) after 7 years of wait, 5) Finally, there are many court cases against the land acquisition for the project and the company has not been forthcoming on the nature of land acquisitions and how much land they have in actual possession.

Complaint References: http://finance.dir.groups.yahoo.com/group/hitechcitygzb/message/3446;  http://www.indianrealestateforum.com/ghaziabad/t-soon-launching-wave-city-nh24-16530-page3.html

In this background, we request everyone to do due diligence while dealing with the company.

29 Sep 2011

It was last year that at ncrhomes.com we noted that “Chadha group which is till date known for building wave cinema and centre stage mall in Noida is all geared up to be counted amongst the biggies of NCR like DLF, Unitech and JP. Watch this space.” Here is the link of that post.

Though it took another year for Wave Infra to start creating big waves into Indian real estate, but we have had this inkling for some time. While some of the biggies in Indian real estate are finding it difficult to carry their own weight, Wave Infra is emerging as a vibrant and dynamic group which seem to have all the firepower to be counted as the best in NCR. The cherry on the cake for the group seem to be their ever dependable customer service.Time would tell if Wave Infra could really DELIVER this dream successfully. Watch out for this space.

2015 deadline for City Centre project

TNN | Sep 29, 2011, 04.28AM IST

NOIDA: Six months after the Noida Authority sealed the multicrore City Centre deal, Wave Inc, the private developer of the project laid the foundation stone of the project on Wednesday, thus launching it officially. The official spokesperson of Wave Inc said the first phase of the project will be complete by 2015.

The City Centre project, spread across sectors 25A and 32 is touted as one of the largest multi-purpose commercial hubs in the NCR and will house offices, banks, hotels, retail spaces, shopping, dining and world-class entertainment options as well as service apartments among other things. A parking area to accommodate over 40,000 cars will also be developed within the premises.
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NCR-Delhi to stop new plots scheme

बंगला हुआ पुराना, हाईराइज का जमाना

किरणपाल राणा नवयुग मार्केट
एनसीआर में कोठी – बंगले की चाहत रखने वालों के लिए बुरी खबर है। एनसीआर प्लानिंग बोर्ड एक ऐसी पॉलिसी पर काम कर रहा है , जिसके तहत मकान बनाने के लिए प्लॉट नहीं मिल सकेंगे। लोगों को ग्रुप हाउसिंग में फ्लैट लेकर ही रहना होगा। बोर्ड की यूपी सेल के चीफ कोऑर्डिनेटर एस . के . जमान के अनुसार , घरों की बढ़ती डिमांड और घटती जमीन के मद्देनजर ऐसा किया जा रहा है। बताते चलें कि केंद्रीय शहरी विकास मंत्री कमलनाथ ने भी हाल ही में दिल्ली में हाईराइज बिल्डिंगों की वकालत की थी।

यह है समस्या : एनसीआर प्लानिंग बोर्ड की सर्वे रिपोर्ट के के मुताबिक , गाजियाबाद में हर साल औसतन 1.97 लाख लोग नए मकानों की डिमांड करते हैं। जीडीए , आवास – विकास परिषद और यूपीएसआईडीसी इस जरूरत को पूरा करने के लिए काम करती हैं। हालांकि तीनों विभाग डिमांड पूरी नहीं कर पाते हैं। 2005 में प्रदेश सरकार ने पॉलिसी बदलकर हाउसिंग डिवेलपमेंट में प्राइवेट सेक्टर को भी मौका दिया। इसके बाद नई समस्या खड़ी हो गई। मकान बनाने के लिए बढ़ती जमीन की मांग के एवज में खेती की जमीन कम हो रही है। पिछले 5 साल में खेती की करीब 16 हजार एकड़ जमीन रेजिडेंशल यूज के लिए किसानों से ली गई। अब खेतों को बचाने के लिए बोर्ड नई पॉलिसी तैयार करने में जुटा है।
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Land Acquisition Bill Approved by Cabinet

India Inc balks at Land Acquisition Bill

Agencies

Posted: Friday, Sep 23, 2011 at 0928 hrs IST

Mumbai: Unfinished car shells rusting in a deserted factory in India's West Bengal state lie testimony to flaws in a century-old land-acquisition law the government now wants to replace.

* Jobs, housing, cash to landowners made mandatory

* Costs, project delays to increase – Indian corporates react

* Bill to push up costs by 350 pct for big plots – analysts, cos

* Bill likely to be passed in December

Tata Motors was forced to abandon its Nano plant in 2008 after violent protests by villagers, who claimed they were forced off the land by the local government and paid inadequate compensation.

But companies say an overhaul of the old law envisaged to bring clarity to an often murky part of doing business in India goes too far in favour of rural landowners and will slow development, capacity expansion and economic growth.

The proposed new land bill means cost increases and project delays for developers, thanks to rules that will raise land values and compel them to provide new homes, jobs, monthly stipends and a cut of future profits to former landowners.

This just isn't going to work for buyers, said Rupen P. Patel, managing director of Patel Engineering , an infrastructure firm specialising in power and road projects.

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Delhi-Jaipur: A new highway coming

On fast track, a new Delhi-Jaipur highway

Dipak Kumar Dash TNN

12 May 2012

New Delhi: Traffic woes on the Delhi-Jaipur highway could end sooner than expected. The Union highways ministry and Planning Commission are fast-tracking a proposal to construct a new 261km expressway linking the two cities that will take the load off the existing road.
    Though road transport and highways minister C P Joshi had last month announced a plan to build two new highspeed links from the capital to Jaipur and Chandigarh, the Pink City stretch has been prioritized. This new alignment road will be 4 to 6-laned and is estimated to cost Rs 10,000 crore.
    The tender document says the road must connect with the Manesar-Bawal and Kushkhera-Bhiwadi-Nimrana nodes on the Delhi-Mumbai industrial corridor, and other highway networks.

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G Noida / Yamuna Eway Land Acquisition Issues

WORK TO RESUME AT NOIDA EXTENSION
The uncertainty over completion of projects launched in Noida
Extension is lifting, as the Greater Noida authority is planning to re-
schedule developmental work in and around Noida Extension. A K TIWARY
writes

    Encouraged by positive indications from the NCR Planning Board to
go ahead with the Master Plan 2021, the Greater Noida authority is
planning to re-schedule developmental work in and around Noida
Extension.
    There is also a clear indication from the Allahabad high court on
a review petition filed by the Greater Noida authority. So, you may
now breathe easy about that dream house of yours. The uncertainty over
completion of projects launched in Noida Extension appears to be
lifting.
    If the trend of these positive developments continues, developers
and builders can restart construction work this month itself. They
have been waiting for this moment since the Allahabad high court
verdict over the land row. Sources say that the Master Plan 2021 of
Greater Noida has almost been cleared and is awaiting a formal
announcement of the sub-regional cell, Uttar Pradesh.
    Anil Sharma, the vice president of Credai and the chairman and
managing director of Amrapali Group, says: "This is a relief for
builders and developers whose projects have been delayed since the
dispute erupted over land acquisitions. After the Supreme Court
verdict, which quashed the land acquisition of Shahberi, a number of
projects were in limbo."
    In a writ petition number, Ramesh Kumar Bhagchandka versus UP and
others, it has been said that the Master Plan 2021 does not have any
approval of the NCR Planning Board, which is a statutory body
constituted under the an act of 1985. According to the act, a plan
must first be prepared and if necessary land acquisition would be
done.
    In the present case of Noida Extension, the acquisition
proceedings have been undertaken and thereafter the land was sought to
be utilized by allotment to builders for raising construction that go
contrary to the plan. Under these circumstances, the petition says the
proposed acquisition is illegal be set aside. In this context, the
Allahabad high court has directed the Greater Noida authority to
obtain clearance from the NCR Planning Board for its master plan, and
then go ahead with the development process.
    Experts say there is no provision for approval of the master plan
prepared by the development authority from the NCR Planning Board. The
provision is only for sub-regional plan; the Master Plan of 2021 was
sent to the NCR Planning Board for approval in 2006 and 2009, though.
    According to the rules, the NCR Planning Board can raise
objections to the plan within 60 days from the time the plan was
submitted to them by the development authority. After the expiry of
this period, it cannot be challenged. It was thus that the Greater
Noida authority urged the Allahabad high court for review of the
decision over the master plan.
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Shiv Nadar Univ to come up in Gr Noida

Shiv Nadar University will follow multi-disciplinary system: Shiv Nadar

Supriya Shrinate, Apr 30, 2011, 05.20pm IST

In a chat with ET Now, Shiv Nadar, Chairman & Chief Strategy Officer, HCL Tech, talks about his new venture in the education sector, Shiv Nadar University.

Now that Shiv Nadar University is finally going to be launched, do you feel some sense of personal gratification? Is this a day that you are going to celebrate and commemorate for a while?

Shiv Nadar: I have already done that. Today is the formal launch of the university but the day the government gave its assent, which was about three weeks ago, I felt very relieved that okay now we can get started.
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Where to buy Real Estate? Query Corner

Where to buy real estate?

Published on Fri, Apr 29, 2011 at 13:00 |  Source : Moneycontrol.com

Updated at Fri, Apr 29, 2011 at 22:47  

With prices and interest rates always on a high, real estate has been a hot topic since over a year now. However, when necessity dawns and buying is inevitable, the next big question that lingers on your mind is "Where should I buy?" Moneycontrol.com offers you experts' advice on this and many other queries.

Below is a verbatim transcript of Knight Frank India's national director of residential agency Anand Narayanan's exclusive interaction with moneycontrol.com users.

Q: Hi, I want to buy a plot on Gurgaon Dwarka Expressway at Rs 40000 per yard. What do you think would be the return after five years?

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