Bull Run Digital

If you were one of those who found themselves stuck in one of the controversial projects in Noida Extension, the deal seems to be now in your favour. With the Allahabad high court expected to increase compensation for farmers, who are protesting alleged illegal land acquisition, the cost of the land will go up. So the same land will cost more to the developers, who will recover this extra cost from new homebuyers. And in such a scenario, existing apartment allottees will see a price appreciation. By Shyamal Banerjee/Mint This also means that new homebuyers will find the deals more expensive than before. Apart from the developers, at least 4,000 plot owners in the area will also get affected and will have to shell out extra. The Allahabad high court completed the hearing of all 491 remaining petitions in the ongoing land acquisition controversy in Greater Noida on 30 September and has reserved its final judgment. Sources close to the development say that the judgment may come a

नोएडा एक्सटेंशन में अधर में लटके 10 हजार फ्लैट्स! नोएडा। नोएडा एक्सटेंशन हजारों लोगों के लिए बड़ी टेंशन बन गया है। शाहबेरी गांव की जमीन लौटाने के हाई कोर्ट के आदेश और बिल्डरों के लुभावने वादों की पोल खुलने के बाद इलाके में सन्नाटा पसरा है। जिन लोगों ने यहां फ्लैट बुक कराए हैं अब उन्हें इस बात की फिक्र सता रही है कि क्या उनके पैसे वापस मिलेंगे। किसानों के मुताबिक अथॉरिटी ने शाहबेरी गांव की जमीन का अधिग्रहण ये कहकर किया था कि यहां विदेशी कंपनी लगाई जानी है लेकिन अथॉरिटी ने बिल्डरों की मिलीभगत से ये जमीन हाउसिंग प्रोजेक्ट के लिए अलॉट कर दी। जानकारी के मुताबिक ग्रेटर नोएडा अथॉरिटी ने यहां चार बिल्डरों आम्रपाली, सुपरटेक, महागुन और गौर संस को जमीन अलॉट की थी। लेकिन शाहबेरी गांव के 156 एकड़ जमीन के अधिग्रहण पर हाईकोर्ट ने सवाल उठाते हुए जमीन आवंटन को रद्द कर दिया है। हाई कोर्ट ने जिस जमीन पर सवाल उठाया है उसमें आम्रपाली का स्मार्ट सिटी, सुपरटेक का इको विलेज फेज-टू का कुछ हिस्सा है। इनके अलावा महागुन ने अपने फ्यूचर प्रॉजेक्ट्स के लिए इसी गांव में जमीन ले रखी है और गौर संस के टाउनशिप का कुछ ह

ग्रेटर नोएडा ।।  ग्रेटर नोएडा एक्सटेंशन का मास्टरप्लान बनकर तैयार हो गया है। इसे 15 मई को होने वाली बैठक में बोर्ड से मंजूरी दिलाने के लिए तैयारी की जा रही है। मास्टरप्लान में जो थोड़ी बहुत कमियां थीं, उन्हें सुधार दिया गया है।   अथॉरिटी अफसरों का कहना है कि मास्टरप्लान को मंजूरी मिलने के बाद अथॉरिटी करीब 20 हजार आवासीय प्लॉटों की स्कीम ग्रेटर नोएडा एक्सटेंशन में लाएगी। यह स्कीम हापुड़ और पिलखुवा के आसपास होगी। इसके अलावा यहां कई ग्रुप हाउसिंग स्कीम, इंडस्ट्री, इंस्टिट्यूशनल और कमर्शल स्कीम भी लॉन्च की जाएंगी।   इससे पहले अथॉरिटी ग्रेटर नोएडा से ग्रेटर नोएडा एक्सटेंशन के लिए 6 एक्सप्रेस-वे बनाएगी। अथॉरिटी अफसरों का कहना है कि ग्रेटर नोएडा एक्सटेंशन में बनने वाले एक्सप्रेस-वे को बोर्ड से पहले ही मंजूरी मिल गई है। प्लानिंग विभाग ने नक्शा भी तैयार कर दिया है। इसके लिए ग्रेटर नोएडा अथॉरिटी ने जमीन अधिग्रहण करनी शुरू कर दी है। साथ ही दो एक्सप्रेस-वे पर काम शुरू हो चुका है। अथॉरिटी अफसरों का कहना है कि ग्रेटर नोएडा का विस्तार कर ग्रेटर नोएडा एक्सटेंशन का रूप दिया गया है। ग्रेटर नोएडा ए

Airport to Gurgaon, Faridabad to Badarpur, new links to Noida and Ghaziabad in Phase-III plans as DMRC fast-tracks connections The Phase-III of Metro network might grow larger than its planned length of 103 km. The Delhi Metro Rail Corporation (DMRC) is considering adding four more lines to the Phase-III network, taking the length to 140 km. On DMRC table are plans to link Gurgaon to IGI Airport via a 14-km line, Badarpur to YMCA Chowk in Faridabad via a 13.5-km line and a 3.5-km link between Kalindi Kunj and Botanical Garden in Noida. A fourth line is proposed either from Vaishali or Dilshad Garden to connect to Ghaziabad. “The Airport Express Line will be extended till Gurgaon as part of phase III. Commuters can reach the airport from the satellite city within 35 minutes. The link could be implemented through on a public-private partnership model,” said E Sreedharan, DMRC managing director, during the 17th Foundation Day ceremony of the DMRC on Tuesday. Sources in DMRC said talks ar

Work on the proposed link road between Ghaziabad and Greater Noida is finally set to take off after a delay of almost seven years. The Greater Noida Authority and the Ghaziabad Development Authority (GDA) claim to have reached a settlement over completing the 1.5-km stretch between the two cities. Once the link road connecting Greater Noida and Ghaziabad is complete, it will reduce travel time between the two cities to just 20 minutes. While construction work on most of the 22 km stretch is already complete, construction of around 1.5 km of the link road has remained stuck for seven years now. On Tuesday, the Greater Noida Authority released the first cheque worth Rs 10 crore to GDA and also allotted a two-acre plot to begin the construction work, Greater Noida Authority DCEO P C Gupta said. Earlier, in January this year, the Ghaziabad Development Authority had expressed its inability to complete the link road project citing lack of funds for the same. It had at the time sought payme

The Ghaziabad Development Authority (GDA) Board has approved an expenditure of Rs 1,535 crore for the development of the city in the current year. During the year, special attention will be paid to extend the green belt and maintenance and repairs of the old buildings in the city. Rs 800 crore are to be spent on various development schemes. Rs 20 crore are earmarked for improving and creating green belt of the city. Rs 200 crore will be incurred on development, including land development, while Rs 500 crore has been kept as reserve funds. The authority board has approved Rs 1,856 crore as income and Rs 1,535 crore as expenditure for 2011-12 and saving Rs 321 crore till the end of the year. In all, Rs 1,856 crore, including Rs 640 crore from the previous year, was the total income for the year, though the actual income for the year was Rs 1,216 crore. The expenditure for the New Year has been pegged at Rs 1,535 crore. Though the expenditure is higher than the actual income, Rs

Meena Maheshwari, a resident of Delta colony plans to invest R10,000-R15,000 for purchase of another two-battery inverter set for her house due to pathetic power supply situation she expects ahead of peak summer. The summer season would almost be same again for Ghaziabad residents as power department officials said that 6-8 hours of scheduled power cuts would be witnessed during the peak summer months, despite the fact that Ghaziabad contributes the highest electricity-revenues to the state. As a result, the residents of high-rises in Indirpauram, Vaishali, Kaushambi and Delta colonies can expect another round of inflated monthly budget, due to six-eight hours -albeit in bits -of scheduled power cuts this summer. "Builder's power-backup system costs anything between R1013 per unit as against R4 charged by power department. Thus, the bill increase by around R2,500 per month in case of disrupted supply situation," said Kuldeep Saxena from Indirpauram RWA confederation. On

NOIDA: After a delay of almost five years, the Uttar Pradesh government has granted a green signal to the proposed widening of NH-24. In a meeting held last Thursday, the authorities sanctioned the widening of the 20-km stretch of   NH-24   to improve connectivity between   Delhi   and parts of Ghaziabad and Noida. Work has now begun on widening the existing 4-lane stretch between Uttar Pradesh border and Dasna to eight lanes, including a service lane on either side.   Although the first proposal in this regard was made in early 2006, it never took off. Since then, residents and regular commuters on the stretch kept making persistent demands for the revival of the project. The authorities finally granted an approval to begin work last week. The project cost, however, has escalated from about Rs 20 crore to over Rs 200 crore now. The Ghaziabad authority has asked the   Noida Authority   to bear about one-third of the total cost since the widening work will ease considerable traffic fl

The Noida Authority has planned to build the city's first-ever elevated roads after having learnt the hard way from its past experiences of massive traffic jams due to construction activities at the Rajnigandha crossing and Sector-37 traffic intersection. The four-lane elevated roads will be erected on single pillars like those of the Delhi Metro. The consultant is learnt to have prepared three designs. The authority will begin work on two elevated roads from Vishwabharti School in Sector-28 to Shopprix Mall in Sector-61 with a cloverleaf towards City Centre in Sector-32 and from Mamura Chowk in Sector-66 to Sector-62 near NH-24, linking Noida, Ghaziabad and Delhi. The construction will begin in May. In the second phase, elevated road will be built from Baraula in Sector-49 to Noida Phase-2. According to deputy CEO of Noida, the idea is to ensure a hassle-free traffic movement during construction. The authority will soon zero in on one design, he added. Slip roads would be construc

In a bid to beautify Greater Noida, the authority plans to develop 14 theme parks in various sectors of the city. A number of architects have been invited by GINDA to submit design for the theme parks. Authority officials feel all the final designs will be in handed by June and by first week of July work on the parks will be initiated. According to Ramesh Chander of the Horticulture Department of GNIDA, a number of residential sectors are being developed in the city. Theme parks are being developed to beautify the sectors and provide green space to the residents to have morning and evening walks there. Besides, the parks will also provide suitable environment and facilities to the children to play in an open area. Sources said the maximum theme parks would be located in Sigma Sector. The parks will be located in different sectors like JU-1, JU-2, JU-3, Omicrone 2, Omicrone-3, Omicrone-1A, Sector MU- 2, Sector-37, Sigma-1, Sigma-2, Sigma-3, Sigma-4 and in Knowledge Parks- 4 and 5.

Discounts of 15-30% are lure enough to opt for realty projects that are work in progress. However, be prepared for endless delays and other problems that plague such properties. When 30-year-old Gurgaon-based Vikas Aggarwal decided to buy a house last year, he opted for one that was being constructed. "I had leased a house for a year, so I thought it would be a good idea to go for a flat that is inching towards completion. The developer was offering a 15% discount on the market rate and promised to hand it over in January this year, says Aggarwal, a CA who works with an MNC. But it has been three months past the deadline and Aggarwal is yet to get possession." Every time we go to the builder, he gives us some or the other reason for the delay. Instead of shifting to our own house and saving on rent, we had to renew the lease, says Aggarwal's wife, Archana. Wake up to the reality  Aggarwal's case isn't unique. These days, project delays have virtually become a no

Source: Hindustan Times

Property Sales Dip After Circle Rate Hike, Registrations Have Come Down By Almost 30% In 6 Months The euphoria over the city's booming real estate sector is slightly wearing off with the government hiking the circle rates thrice in the last one year. Buyers now are wary as they have to shell out more on stamp duty and registration of properties. Interestingly, market watchers say the demand for high-rise apartments has not been affected much.According to revenue officials, the registration of plots in Gurgaon has come down from the average 150 per day to about 110 since October last year. As a result, the revenue of the state government has also gone down, they claim. The circle rates, also known as collector rates, in some areas have been increased by nearly 150%. While the government move has applied brakes in registration of plots, developers say the sale of apartments in condominiums has not witnessed a downward trend. Their logic is that executives, who prefer houses in high

In planning the proposed Yamuna Express City, the Yamuna Expressway Development Authority has scrupulously avoided the mistakes committed during the planning of Noida and Greater Noida cities. The master plan of Phase-I of the Yamuna Express City has been completed. In the first stage, the development work will start from Greater Noida to Javer. The master plan is being put up for approval in the board meeting scheduled for May. In the new city, all the roads between residential sectors will be 60 mt wide. The width of roads between Greater Noida sectors is 24 mt only. There are a total of 23 residential and 15 industrial sectors in the proposed city. Land has been reserved for commercial establishments within the residential and industrial sectors. A 120 mt highway is planned linking Palwal in Haryana and Khurja in Bulandshahr district. Land for a rail corridor along the highway has also been reserved. The proposed Ganga Expressway from Greater Noida to Baliya and the peripheral hig

Indirapuram is located on NH-24 in Ghaziabad and is the most recently developed area of Uttar Pradesh. The famous landmark, `kaala patthar', is also situated here. Built with granite it was laid down as the foundation stone by parliamentarian Motilal Vohra. Indirapuram is divided into many khands, namely Niti khand, Abhay khand, Gyan khand, Nyay khand, Vaibhav khand, Shakti khand and Ahinsa khand.Indirapuram is one of the prime residential areas of east Delhi. It is a favoured locality due to its proximity to Delhi and Noida. Some time back, in case someone wanted inexpensive houses, they would go to Indirapuram but it is not the same now. With a lot of new projects from many builders like Gulshan Homz, Arihant BuildCon, Gaursons, Exotica, Vijaya, Amrapali, Ashiana, Parsvnath, Park, Shipra group, Orange County, Supertech, etc, prices have risen almost thrice over and the specifications and amenities developers are offering in Indirapuram are at par with those offered in places