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Showing posts from December, 2009

Integrated Townships Have Huge Potential

The recent slowdown may have impacted investments in integrated townships but there is still a huge potential in this segment and it will get better as the economy opens up. You could call it a city within a city. It encompasses all aspects of modern day living within the development. Integrated township, as the name suggests, is a self-sustained township having a number of real estate developments, including residential, commercial, retail and institutional, as well as industrial areas in some cases. There are many advantages of staying in such a township. These sustainable urban residential solutions give people a convenient and enjoyable living space in an ecofriendly environment. "Distance from the city allows its residents to stay away from traffic, pollution and congestion. Due to the nature of these large formats, the residents get more open and green spaces bringing them and their children in close proximity to nature," feels Om Chaudhry, CEO of Fire Capital Fund. The

Delhi-Meerut Expressway Approved

The laying of Delhi-Meerut Expressway has been approved by the Union ministry of surface transport, it is learnt. The Meerut Expressway, via Hazrat Nizammudin in Delhi, Dasna and Bhojpur to Meerut, is expected to be ready by the year 2013. The Expressway is likely to cost Rs 1,250 crore. Its approval was confirmed by Ghaziabad district magistrate R.Ramesh Kumar last week. With the proposed Expressway, traffic snarls from Modi Nagar to Meerut would become a thing of the past. The commissioner of Meerut division has called for a report about land acquisition in and around Bhojpur village of Modi Nagar Tehsil. The details of forests, temples, tubewells, etc in villages Vidhapur, Patti, Kalcheena, Umarala, Bhadjan , Chidyala, have also been called for, it is learnt. The letter issued from the surface transport ministry received in Tehsil headquarters also mentions that government officials are now busy in connection with the Commonwealth Games. The work on Meerut-Delhi Expressway will be t