Jun 19, 2013, 04.29 PM IST
Advance India Builders & Promoters launch commercial tower
One of the emerging real estate companies of India, Advance India Builders & Promoters Pvt. Ltd has launched their ambitious project "Advance Saaga Castle" a unique mixed-use commercial development being constructed for the first time in Bhiwadi on Bhiwadi-Alwar Express Highway (SH-25).


One of the emerging real estate companies of India, Advance India Builders & Promoters Pvt. Ltd. (AIBPL) has launched their ambitious project "Advance Saaga Castle" a unique mixed-use commercial development being constructed for the first time in Bhiwadi on Bhiwadi-Alwar Express Highway (SH-25). It will be the tallest commercial tower in Bhiwadi and surrounded by many residential projects that already taken possession.

Saaga means Legend and Castle denote Tower, so the name Advance Saaga Castle represents an adventurous legend tower with a bunch of different concept and will be one of the prominent iconic tower.

According to Mr. Ajay Yadav, Chairman, Advance India Builders & Promoters P. Ltd. "We are happy to launch the tallest commercial tower of Bhiwadi, The project will be similar to international towers and it accommodates all the facilities under a single roof, fun, entertainment, shopping, food court, offices, and the luxury maharaja suite."

Advance India Builders & Promoters launch commercial tower - Business Wire India
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  • Avalon to invest Rs 370 cr on housing project in Bhiwadi
    PTI Jun 17, 2013, 05.24PM IST



    (Avalon Group today said…)
    NEW DELHI: Avalon Group today said it will invest about Rs 370 crore over the next three years to develop a housing project in Bhiwadi, Rajasthan.

    The 18-acre project 'Avalon Rosewood' is the company's seventh housing project in the city.

    "We have launched a housing project in Bhiwadi where we will construct 1,350 apartments. The project cost is Rs 370 crore including land, construction and other expenses," Avalon Director Ajay Singal said.

    ET
    CommentQuote
  • Originally Posted by cookie
    Avalon to invest Rs 370 cr on housing project in Bhiwadi
    PTI Jun 17, 2013, 05.24PM IST



    (Avalon Group today said…)
    NEW DELHI: Avalon Group today said it will invest about Rs 370 crore over the next three years to develop a housing project in Bhiwadi, Rajasthan.

    The 18-acre project 'Avalon Rosewood' is the company's seventh housing project in the city.

    "We have launched a housing project in Bhiwadi where we will construct 1,350 apartments. The project cost is Rs 370 crore including land, construction and other expenses," Avalon Director Ajay Singal said.

    ET

    370 cr for 1350 apts..The average cost comes 27 lakhs and it means the builder will launch a unit at average price of 30 lakhs. Not bad.
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  • New rapid rail corridors: Study to find location of stations

    Press Trust of India | New Delhi July 1, 2013 Last Updated at 21:00 IST
    Read more on: Delhi | Ghaziabad | Sheila Dikshit | National News
    The Delhi government is getting a study conducted to find a location
    where it can allow setting up of stations for the three new rapid rail
    corridors connecting the capital with Panipat, Meerut and Alwar.
    According to the original plan, the Delhi-Sonepat-Panipat corridor
    would end near Kashmere Gate, the Delhi-Gurgaon-Alwar line is
    supposed to reach Sarai Kale Khan and Delhi- Ghaziabad - Meerut till
    Anand Vihar ISBT.
    However, the Delhi government had raised objections to the plan
    saying it would lead to congestion to these areas in the heart of the
    city.
    "We are having a study done, wherever land is available, because in
    that we need the cooperation of DDA also, to be able to get more
    land. Currently those bus stations will not be able to absorb," Delhi
    Chief Minister Sheila Dikshit said today after attending the NCRPB
    meeting here.
    The Urban Development Ministry is likely to move the Cabinet for the creation of a National Capital Region
    Transport Corporation (NCRTC) which will construct these stations.
    Speaking further, Dikshit said she had raised the issue of waste management in the NCRPB meeting and
    suggested that a collective policy was needed for waste management in the area.
    Dikshit had also spoken about the need for development of health, education and other infrastructure in the
    NCR area so that the pressure on Delhi is eased.
    She also spoke for the creation of 24-hour shelters to provide support to people who moved in the region.
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  • In future, travelling from Alwar to Delhi will take just 30 minutes
    TNN | Jul 2, 2013, 02.42 AM IST


    JAIPUR: Apart from including Bharatpur in the National Capital Region (NCR) and making Jaipur as a Counter-Magnate Area (CMA), the NCRPB also approved the construction of a high-speed corridor between Alwar and Delhi. Once completed, the distance between two cities can be covered in less than 30 minutes.

    Rajasthan is among the stake holders in the National Capital Region Transport Corporation (NCRTC) which will develop speedy connectivity between national capital and satellites towns. The state has already pooled in its share of Rs 12.5 crore for construction of a high-speed corridor between Alwar and Delhi.

    Four states — Rajasthan, Uttar Pradesh, Haryana and Delhi — are the stake holders in the project which has been started with an initial funding of Rs 100 crore. Each state has contributed 12.5 % while railways has invested Rs 50 crore.

    "We have given our contribution of Rs 12.5 crore in the newly developed corporation. The agreement in principle was given earlier but now we have formally become part of it. The project will reduce the travelling time between Alwar and Delhi and develop Bhiwadi and Neemrana as major investment hubs in the country," said G S Sandhu, principal secretary, urban development and housing.

    A feasibility study of alignments from Delhi to Alwar prepared by the Urban Mass Transit Company has already been submitted to ministry of urban development and approved by the NCRPB.

    The Regional Rapid Transit System from Alwar to Delhi will be 180 kilometers with 141km running underground and rest on the elevated track. Unlike metro trains where stations are at a distance of one/two km, these high-speed corridors will have stations at a distance of 5-10km. The coaches will be bigger in size with more luggage space. Initially the train will operate with three coaches at a speed of 60km per hour and will run on broad gauge.

    Before the ambitious project could take off, the state government will have to face the acid test of land acquisition. But officials believe that this will not be a major issue since most of track passing in the state will be elevated.

    TOI
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  • CommentQuote
  • Originally Posted by cookie
    In future, travelling from Alwar to Delhi will take just 30 minutes
    TNN | Jul 2, 2013, 02.42 AM IST


    JAIPUR: Apart from including Bharatpur in the National Capital Region (NCR) and making Jaipur as a Counter-Magnate Area (CMA), the NCRPB also approved the construction of a high-speed corridor between Alwar and Delhi. Once completed, the distance between two cities can be covered in less than 30 minutes.

    Rajasthan is among the stake holders in the National Capital Region Transport Corporation (NCRTC) which will develop speedy connectivity between national capital and satellites towns. The state has already pooled in its share of Rs 12.5 crore for construction of a high-speed corridor between Alwar and Delhi.

    Four states — Rajasthan, Uttar Pradesh, Haryana and Delhi — are the stake holders in the project which has been started with an initial funding of Rs 100 crore. Each state has contributed 12.5 % while railways has invested Rs 50 crore.

    "We have given our contribution of Rs 12.5 crore in the newly developed corporation. The agreement in principle was given earlier but now we have formally become part of it. The project will reduce the travelling time between Alwar and Delhi and develop Bhiwadi and Neemrana as major investment hubs in the country," said G S Sandhu, principal secretary, urban development and housing.

    A feasibility study of alignments from Delhi to Alwar prepared by the Urban Mass Transit Company has already been submitted to ministry of urban development and approved by the NCRPB.

    The Regional Rapid Transit System from Alwar to Delhi will be 180 kilometers with 141km running underground and rest on the elevated track. Unlike metro trains where stations are at a distance of one/two km, these high-speed corridors will have stations at a distance of 5-10km. The coaches will be bigger in size with more luggage space. Initially the train will operate with three coaches at a speed of 60km per hour and will run on broad gauge.

    Before the ambitious project could take off, the state government will have to face the acid test of land acquisition. But officials believe that this will not be a major issue since most of track passing in the state will be elevated.

    TOI


    Great news Cookie! Delhi to Alwar in 30 minutes and Delhi to Kundli in 20 minutes. That sounds exciting!
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  • Cookie I have only one worry or concern, when you expect this train be operational? 2016 is too wishful... what you say?

    Sent from my GT I9300 using Tapatalk 4 beta
    CommentQuote
  • Originally Posted by NCR2013
    Cookie I have only one worry or concern, when you expect this train be operational? 2016 is too wishful... what you say?

    Sent from my GT I9300 using Tapatalk 4 beta

    Its still at initial stage and until and unless we see some work on ground work, we can't say about the Deadline.
    I hope these are not pre-election stunts. :(
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  • Well I guess bhiwadi it's only place in Rajasthan which is near to Delhi and only place which can take off, dmic is relief could be possible

    Sent from my GT I9300 using Tapatalk 4 beta
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  • WHAT MAKE YOU THINK IT WILL NOT COME TO OTHER PLACES AND JUST Bhiwadi!
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  • 2016 is too wishful, no doubts! But it is a bigger project than Delhi Metro. 72000 CRORES on line, more than any metro project or lines in Delhi!
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  • Have property prices in the metros plateaued? Do smaller cities offer better growth possibilities? Read answers

    Have property prices in the metros plateaued? Do smaller cities offer better growth possibilities? BS Weekend asked PropEquity to look at historical data for answers

    Tier-I cities — Delhi, Mumbai, Chennai and Kolkata — have been the centre of real estate growth for almost a decade now. Economic growth in these urban centres has fuelled the demand for real estate in the commercial as well as residential segments. Bangalore, once considered a Tier-II city, has graduated to Tier-I by virtue of its rapid economic growth and resultant in-bound migration. But the pace of growth in these urban centres has outpaced the creation of real estate which is constrained by the availability of land. This has resulted in demand for real estate spilling over to Tier-II and emerging Tier-III cities.

    On an average, Tier-I cities have witnessed the maximum capital appreciation in the “new launch” segment over the last five years, which is in the range of 35 per cent to 38 per cent. Mumbai saw a phenomenal increase of about 68 per cent in capital values for residential new launches. This can be attributed to increasing demand for housing and limitations in the availability of new developable land parcels in the city.

    During the same period, the new launch capital values for Tier-II cities such as Gurgaon, Pune, Ahmedabad, Indore, Vishakapatnam and Kochi increased on an average by around 33 per cent. Gurgaon, developed as a satellite town to Delhi, has seen the highest new launch capital value appreciation of more than 50 per cent in the last five years, followed by Indore (around 33 per cent). Cities such as Kochi, Pune and Ahmedabad have seen an appreciation of 15-25 per cent. (Click here for table)

    In case of Tier-III cities such as Mangalore, Coimbatore, Lucknow, Nagpur, Sonepat and Bhiwadi, new launch capital value appreciation has been around 26 per cent. Mangalore and Nagpur have seen the highest appreciation — 42-46 per cent.

    * * *


    Tier-I cities have seen around 48 per cent increase in capital values in the last three years. The higher increase can be attributed to the rationalisation in capital values after the 2008-09 financial meltdown. After the correction in prices, 2010 and 2011 saw a revival in the residential real estate market resulting in an increase in capital values. During this period, the southern markets emerged stronger. Chennai, during 2009-2012, saw the highest growth of 68 per cent among the metros, followed by Bangalore (55 per cent). Mumbai saw an increase of 42 per cent, which was lower than Kolkata (48 per cent) but higher than Delhi (41 per cent).

    Once the economy had recovered, cities that had land for real estate development saw higher appreciation. The residential capital values for Tier-II increased by around 40 per cent, which was higher than the five-year average. Gurgaon saw increase in residential new launch capital values of around 129 per cent. Ahmedabad, Pune and Kochi also witnessed an increase of 25 to 35 per cent in new launch capital values.

    Across Tier-III cities, the overall residential capital values increased by around 33 per cent. But the growth story was limited to a few cities. Bhiwadi, being promoted as the industrial hub close to Gurgaon, saw the highest increase of about 70 per cent. What is driving the demand in Bhiwadi is the negligible availability of houses priced below Rs 40 lakh in Gurgaon — the so-called budget segment.

    Over the last one year, Tier -II and III cities have seen the highest growth in new launch capital values —15 to 17 per cent. This can be attributed to the easy availability of budget houses that cost less than Rs 40 lakh there. That’s perhaps why Nagpur and Bhiwadi have seen the highest increase of 22 to 29 per cent in the last year. In Tier-II cities, the focus on employment creation, which has increased the demand for houses, coupled with the development of infrastructure, has resulted in an increase in capital values.

    The new launch capital values in Tier-I cities have risen by around 12 per cent. The average new launch capital for Mumbai and Delhi are in excess of Rs 10,000/sq ft, resulting in premium and luxury segment offerings only. For Bangalore, Chennai and Kolkata, the average new launch capital value has been around Rs 3,500-Rs 4,000/sqft. But the large increase in new supply has acted as a check on the rise in capital values.

    Clearly, Mumbai offers the best returns over the past five years, followed by Gurgaon and Mangalore. As for returns in the last three years, Gurgaon leads by miles, followed by Bangalore, Chennai and Bhiwadi. The last year has seen a slowdown in demand, yet residential capital values in Gurgaon have appreciated in excess of 30 per cent, followed by Bhiwadi and Nagpur.

    Source: Real value | Business Standard
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  • Gateway to Rajasthan IN FULL BLOOM

    Gateway to Rajasthan IN FULL BLOOM
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  • Bhiwadi, near Gurgaon, has emerged as a real estate destination

    Bhiwadi, near Gurgaon, has emerged as a real estate destination
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  • ashina

    Ashina Neemrana
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