It’s boom time in the property market of Hisar and nearby areas of the region. The upswing in the prices of commercial as well as residential property is likely to continue for quite some time with a number of outsider investors targeting the city.

“The situation is such that almost any plot-owner wishing to sell it will get a handsome amount right away,” maintains a local property consultant.

As far as the HUDA sectors are concerned, the upsurge is more pronounced in Sectors 1, 4, 9 and 11 owing to the availability of transfer plots. Seeing the upward trend in the property market, the rates of plots in the upcoming Sectors 3 and 5 are also expected to be high.

Apart from the urban residential localities, the prices of agricultural land located on the outskirts of the city have also witnessed a sharp increase in the past few weeks.

According to the market buzz, investors from Delhi and other states are evincing a keen interest in the city in view of its convenient location and educated population.
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  • dont buy this article....its just a wave of hysteria. hisar has nothing to offer. there r better towns in vicnity of delhi already
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  • Justify the said.

    The news regarding Hissar real estate does not seem to have made with keeping phantom buyers and sellers in mind.

    You said
    "dont buy this article....its just a wave of hysteria. hisar has nothing to offer. there r better towns in vicnity of delhi already"

    I would highly appreciate your suggestion if it would be justified aptly.
    You must shed the light on truth but in an understandable way.
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  • Dear Sir

    Can you elaborate more on this? What are the rates of commercial and residential properties in developed sectors? Would you suggest any immediate investment option? Also, please elaborate on rental returns.
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  • price of commrcial property

    hi
    i am a NRI and belong to hisar. i was interested in buying a commercial property for investment in hisar. can anyone please tell me whats the price range in PLA area to buy a commercial plot,
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  • Hisar MC to regularise 58 colonies

    Tribune News Service

    Hisar, July 19


    The local Municipal Corporation has decided to regularise 58 illegal residential colonies in the city. A proposal in this regard has been sent to the government by the corporation.

    Most of these colonies are located around the Kaimri Road and Azad Nagar areas which were recently included in the municipal limits. These colonies were carved out of agricultural land by private realtors. All of these lack basic infrastructure like water supply, electricity supply, roads and sewerage.

    Corporation sources said once the proposal was accepted, all owners of houses located in these colonies would have to get their building plans approved by the corporation. They would have to pay development charges after which the corporation would provide the entire infrastructure.

    They said if any of the buildings was found to be violating the prescribed norms, the owners would have to make suitable changes.

    These are thickly populated colonies. The rates of land in these colonies are now likely to rise sharply after regularisation.
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  • Originally Posted by MANOJa
    Tribune News Service

    Hisar, July 19


    The local Municipal Corporation has decided to regularise 58 illegal residential colonies in the city. A proposal in this regard has been sent to the government by the corporation.

    Most of these colonies are located around the Kaimri Road and Azad Nagar areas which were recently included in the municipal limits. These colonies were carved out of agricultural land by private realtors. All of these lack basic infrastructure like water supply, electricity supply, roads and sewerage.

    Corporation sources said once the proposal was accepted, all owners of houses located in these colonies would have to get their building plans approved by the corporation. They would have to pay development charges after which the corporation would provide the entire infrastructure.

    They said if any of the buildings was found to be violating the prescribed norms, the owners would have to make suitable changes.

    These are thickly populated colonies. The rates of land in these colonies are now likely to rise sharply after regularisation.


    This is not a wise step as it will give fresh impetus to colonizers responsible for coming up of such illegal colonies. Even in small towns of Haryana this practice is going on as developers of illegal colonies know that ultimately their illegal actions will be regularized in due course.
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  • rate in police line area both 55 lakh sco 3 to 4 cr
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  • Hectic lobbying begins for Mayor’s post in Hisar
    Cong’s Shakuntala, Rekha among top contenders

    Sushil Manav
    Tribune News Service

    Hisar, June 5

    Hectic lobbying has begun for the post of Mayor of Hisar Municipal Corporation. Since the coveted post is reserved for women, there are eight women contenders — Kamla Bansal from ward 2, Shalu Diwan from ward 3, Rekha Saini from ward 4, Anita from ward 9, Shakuntala Rajliwala from ward 12, Chander Pati from ward 16, Saroj Khatana from ward 17 and Rekha Eren from ward 20 - for the post.

    Of these, Kamla Bansal, Rekha Saini and Shakuntla Rajliwala are known for their allegiance to the Congress.

    Shalu Diwan and Saroj Khatana are from Haryana Janhit Congress background, while Rekha Eran and Chander Pati won the poll on the INLD ticket.

    The political affiliations of Anita were not clear so far.

    Among the women members from the ruling party, Shakuntala Rajliwala belonging to a family having proximity to Congress MLA Savitri Jindal and Rekha Saini, former minister Hari Singh Saini’s daughter-in-law, are the top contenders.

    Among the nine members owing their allegiance to the Congress, three are said to be supporters of the former MP Jai Prakash, one has the blessings of Nalwa MLA Sampat Singh and one is a close kin of former minister Chhattarpal Singh.

    Given the infighting within the Congress, it will be difficult to reach a consensus on one name for the post of Mayor.

    It is here that the Indian National Lok Dal is hoping to fish in the troubled water.

    “The post of Mayor is surely going to our party. Four members of the corporation were elected on our ticket yesterday and in less than 24 hours the strength of members supporting us has swelled to six,” said Hanuman Prashad Eren, former chairman of Zila Parishad, Hisar, and a senior INLD leader.

    Eren’s wife Rekha Eren is top contender for the post of Mayor from the INLD. However, he said senior leaders of the party would decide the Mayor’s issue.
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  • Six labourers buried alive in Hisar village
    Sushil Manav
    Tribune News Service

    Hisar, June 17

    Six migrant labourers from Bihar were buried alive after a 15-foot-high wall fell in a guar factory at Hindwan village of Hisar this afternoon.

    As the wall fell on the poor victims who were stacking sacks of guar 'korma' on one side of it, nearly 20 tonnes of guar powder stored on the other side of the wall also came down on them burying them.

    The victims have been identified as Manoj, Chandan Shah, Ranbir, Janardan, Kashi and Jugeshwar, all residents of Khajaria district in Bihar.

    Sidharth Dhanda, Deputy Superintendent of Police, Hisar, who reached the site soon after the accident, said the wall had been constructed in gross violation of the structural norms.

    "We have registered a case of causing death due to negligence against factory owner Neeraj Bansal, a resident of Ratia town in Fatehabad," said the DSP.

    The 30-foot nine-inch wall had been constructed in the middle of the factory shed without any foundation.

    While the victims were deployed to stack sacks of guar 'korma' on one side of the wall, huge quantities of guar powder (over 20 metric tonnes) had accumulated on the other side of the wall.

    Guar gum, guar powder and guar korma are three products that come out of milling of guar (cluster beans) in factories. While guar gum is used in oil mining and some other industries, guar powder and guar korma is used in animal fodder.

    Eyewitnesses said that while the wall dividing the two products was quite weak due to its structural shortcomings, huge quantities of guar powder had been allowed to pile up on the other side putting even more pressure on it.

    Though rescue teams from Hisar arrived after some time, these could do nothing as there was no scope of taking JCB machines inside the factory shed.

    Volunteers of the Shah Satnam Green S Force of Dera Sacha Sauda arrived there and helped in extricating the victims' bodies manually.

    While five bodies were taken out within an hour of the incident, the sixth, which was found buried deep under the debris, could be extricated only after three hours.

    Hisar SDM Amarjeet Singh said prima facie it appeared a case of negligence.

    Meanwhile, sources in the Industry Department claimed that they had served a notice on the factory owner for the unsafe structure of the shed, but he ignored it.

    Factory owner Neeraj Bansal could not be contacted as his phone was found switched off.
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  • Hisar airport rekindles people’s hopes
    Deepender Deswal
    Tribune News Service

    Hisar, August 2

    After a failed attempt in nineties, the local airport, which was recently upgraded to a civil airport, would soon operate domestic flights after a gap of nearly 20 years.

    Hisar was the first town in the state to start domestic flights in 1993-94. However, the services had to be terminated within six months due to lack of passengers.

    Located nearly 5 km from the town along the National Highway No. 10, the airport is presently managed by the Haryana Institute of Civil Aviation (HICA) which provides flying and gliding training to youth.

    The flying club owns two aircraft -- 4-seater Cessna 172 and 2-seater Cessna 152 -- and two motor gliders. It has 4,000 feet strip which will be extended up to 6,000 feet for landing of aircraft like ATR Turboprops and jets.

    The airport was constructed in 1965 for the Hisar Aviation Club which was merged with the Haryana Institute of Civil Aviation in 1999.

    Officials at the airfield said private airlines had started domestic flights from Hisar to Delhi and other places in 1993-94. The Air India's Yayudoot had also started its flights from this airport but terminated after a period of six months.

    “But the services had to be stopped as the airlines faced financial crunch as well as shortage of passengers,” said aviation club in charge Isreal Mohammad.

    Jagdish Jindal, a local industrialist who had travelled from Hisar to Delhi in the nineties, said, "At present, the situation is quite different as the volume of trade and industries has increased manifold. Now, Hisar city and other nearby towns have potential air travellers and hopefully, the past experience would not be repeated this time."

    Rameshwar Dass, president of the Hisar Goldsmith Association, said the air services would prove economical for the traders, as presently they had to go to Delhi. “I hope the Delhi, Mumbai, Ahmedabad and Rajkot routes should be taken on priority.”

    Sampat Singh, Congress MLA from Nalwa segment in Hisar, said it would emerge as a transit route for traders, industrialists and other prospective passengers.

    People travelling to adjoining towns of Rajasthan like Pilani, Jhunjhunu, Bikaner and Punjab towns on Haryana borders will find it economical to board flights from here, he said.
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  • Flights fail

    The delhi flight is bound to fail once again. Think about the utility in terms of time and money.

    Hisar is barely 170kms away. Lets take the extreme case of someone living in South delhi / north delhi.
    Delhi - Bahadurgarh = 1 hour
    Bahadurgarh to Hisar = 3 hours maximum
    Total = 4 hours maximum

    In case of flight
    1 hour to airport + 1 hour to boarding + 30 minutes flight + 30 minutes to Hisar home / bus stand = 3 hours.

    Why would one spend thousands of rupees extra to save just one hour? Also, the hassle of security check and baggage claim will be huge. The air service is bound to fail once again.

    Also imagine when hisar-rohtak road is 4-laned? The travel time will reduce to 3 hours. Imagine when hansi-meham railway line is completed and a shatabdi train is launched. The travel time might be reduced to 2.5 hours. Delhi flights just dont make any sense to hisar.

    However other flights such as hisar-jaipur or chandigarh or dehradun or shimla or amritsar or jammu will make a lot of sense. Anywhere if the travel time is 6 hours or more, the service will be of value.
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