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Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

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Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

Last updated: May 1 2014
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  • #51

    #51

    Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

    Will there be serious downturn in noida property now? Over supply, corruption, SP govt. - will all these really result in considerable fall in prices?

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    • #52

      #52

      Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

      Originally posted by Meghna View Post
      Will there be serious downturn in noida property now? Over supply, corruption, SP govt. - will all these really result in considerable fall in prices?
      hi
      is this the right thread to talk abt noida downfall or excessive pricing over there?
      bec when everyone starts commenting on noida here then people will start accusing of discussing/ downgrading noida in other threads. so better to avoid this topic here n restrict urself to kundli/sonepat region here

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      • #53

        #53

        Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

        Difficult to say Meghna, only time will be the best judge. It is difficult for common man to understand dirty politics. Quite possible that SP may not like flourishing BSP's dream of developing TAJ expressway/ Noida/ Greater Noida. Also, no SP mla has been elected in that region. So, people are cautious at this time because of change in government. Best thing is to wait if you are thinking of investing or thinking of selling your property.

        I can talk about Kundli, that it is a new upcoming region with lots of development going in the region. Has high potential to flourish.

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        • #54

          #54

          Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

          Just wondering despite all these issues you have pointed, why prices of TDI are so high, touching 60k-70k/ sq yard for plots bang on National highway and also higher for TDI kingsbury/ tuscan. Difficult to understand this investors psyche why would they pay double the price for something where management is not good, people are cheated, delays in handling possession compared to other projects in the region where all these problematic situations are taken care off and still prices are no higher than 30k.........

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          • #55

            #55

            Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

            This is an effort to put information of all of big projects in Kundli/ Sonepat region after reading multiple threads and views of our respected members, so as to give viewers some idea about the location, prevailing rates, connectivity and opportunities for further growth. I am trying to do it in most unbiased manner based on what information I got here. Feel free to correct me if I have collected the wrong information.

            About Kundli/ Sonepat region:

            Kundli is an emerging new destination which comes under district Sonepat and is 15-20 minutes drive from Pitampura/ Rohini and right on National Highway 1. RRTS high speed trains will connect delhi (Kashmere Gate) to Kundli and Panipat with stations at Kundli/ Rai/ Murthal/ Gannaur/ Panipat. Also Metro is proposed to connect either Kundli/ Sonepat (could not find any official link for that). KMP expressway is under construction(70% completed) and will take another couple of years to become operational. On KMP completion, Kundli to Airport commute will be possible in 30 min, so people can commute to North Delhi/ Gurgaon to work.

            Rajiv Gandhi Education city would be the main driving factor in this region for development like IT hubs are for Gurgaon today.This university has been approved 5000 acres and many universities have already been alloted under it.This university can be major boost for driving middle class families out of Delhi if they allow good universities under their belt and can create opportunities for employment for lecturers/ teachers/ human resources/ class IV jobs.

            Some of Prominent Institutes who have allotted land in this Education City are as under :
            Thapar University:62.00 Acres
            Hindu Educational & Charitable Society, Sonepat:07.38 Acres
            Manav Rachna International University:25.00 Acres
            Birla Institute of Management Technology:07.38 Acres
            Fore School of Management:07.38 Acres
            International Foundation for Research & Education :25.00 Acres
            Karnatak Ligyas Educational Society :07.38 Acres
            Lala Nemi Chand Educational Trust:02.41 Acres
            Asian Education Society :03.82 Acres
            Ashoka University: 25 acres

            In addition, efforts are made to pass a legislation in Haryana Govt to pass a bill to allow National univeristy within this campus. The proposed university will focus on providing facilities for advanced studies in all branches of law. At present, there are only 14 national law universities in the country. The university will be developed on an area of 27 acres at a cost of Rs 110 crore, to be borne by the state government. With a capacity of 100 to 120 seats, it will provide degrees in graduation and postgraduation. The state government plans to start the university at the earliest.

            Nanotechnology, biotechnology, genetics, engineering, medicine, avionics, information technology, artificial intelligence, environmental sciences and geospatial technologies, management and finance, defence research, film and media and law are some of the subjects the city will offer in addition to management courses/ humanities and fine arts. So, far in entire NCR area, we donot have medical colleges, research, genetics, engineering colleges, law schools all in the same campus. Apart from being the centre for higher learning, Rajiv Gandhi Education City will also serve as a laboratory for advanced technologies.This is going to be one of an attempt to have all things at same place.RRTP fast trains (speed 200km/ hr) will have one station at Rajiv Gandhi Education city, so as to attract students from Delhi.

            They are planning to bring in institutions like Oxford and Cambridge, so as to attract international students as well.

            Again, I would emphasise that this is going to be the biggest educational project not only in NCR region but throughtout India. No campus in India occupies area as big as 5000 acre.

            Just to emphasise how big area 5000 area is, here is what I found when I googled Delhi University area in acres:

            North Delhi University campus is spread over 495 acres.
            South Delhi University enjoys over 69 acres campus
            Jawahar Lal Nehru University campus occupies 1000 acres land
            Renowned IIT Delhi campus covers 320 acres area,
            AIIMS has 115 acre campus
            Delhi College of Engineering is sprawled over 164 acres of land.


            In addition, there are rumours of Azadpur Subzi Mandi to be shifted to Narela which is 7 kms from Kundli and 70 acre plot has been alloted for this. Also, DLF and Anantraj SEZ have been built which will become operational in few months-year time and will bring hundreds of jobs.

            Having said all the positives, please do expect timeframe of minimum 5-7 years for this city to develop.

            Now coming to individual major projects:

            TDI Kundli: Biggest builder in terms of area. Spread over 1500 acres with concept of integrated township with options to buy plots/ villas/ apartments and floors.

            Advantages:
            Bang on NH-1, 2.5 kms from delhi border and 15 min drive from Pitampura/ rohini.
            Adjacant to Rajiv Gandhi university, 1 km from main gate
            2-2.5 kms from KMP expressway.
            Has TDI mall, which is largest mall in north of delhi.
            Possession has been given to nearly 85% blocks, people have started living there. Atleast 250 families living in complex.
            Roads/ infrastructure all in place.

            Disadvantages:

            High price, Rates range from 25k-60k, those right on National highway are 60k and H/I/J/K blocks are selling for 25-30k.

            Ansals:

            Spread over 330 acre area with beautiful township with option of plots/ villas and apartments, 100% possession granted

            Same location as of TDI Kundli, on NH-1 and even closer to KMP expressway and Rajiv Gandhi Education city.

            Disadvantage: Higher cost, nothing is available for < 35k.

            Jindal Global City:

            Again township concept, spread over 650 acres.
            Options of villas/ plots/ apartments.
            Sector road has been proposed which will bring the project to within 2kms of NH.
            Distance from Delhi Border: 10-12 kms, commute time: 15 minutes.
            Available 22-23k.

            Disadvanatges:
            Project is in earlier stage, possessions to be granted in 2-3 years time.

            Express Builders:
            Small project adjacent to Jindal global city, in early stage of development, offering plots at cheapest rate, around 16k.

            Disadvantage: No possession has been offered till date, project in early stage despite launch 5-6 years back.

            Eldeco:
            Small 70 acre project, offering plots/ villas, bang on NH-1, 13 kms from Delhi border, 30 minutes from Pitampura, 15 minutes from delhi border. Within close proximity of Rajiv Gandhi education city upto 5-6 kms. Murthal will be nearest RRTS station, upto 2-3 kms distance. Available in range between 25kto 30k, possession has been granted to most homes.

            Disadvanatge: Very small community.

            Omaxe/ Parsavnath:

            Possession problems, but available at cheap rates around 12-13k.

            Please feel free to correct me and I am open to healthy debates. Many thanks for reading!

            Comment

            • #56

              #56

              Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

              Forgot to mention above that Cabinet has approved 480 crore for setting up
              National Institute of Food Technology, Entrepreneurship and Management (NIFTEM) at Kundli in Haryana.

              NIFTEM will be a global centre of excellence integrating all facets of food science, technology, entrepreneurship, research and management and will be recognized as the focal point for catalyzing the growth of the food processing industries in India in the global context.

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              • #57

                #57

                Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                proximity to industrial areas like sanjay gandhi transport nagar , alipur , badli ,bawana , borgarh , narela , kundli , rai , barhi are the biggest advantage for sonepat kundli .. as the factories running in noconfirming areas in delhi would sooner or later have to shift in these areas ,.. keeping 5 year perspective in mind these indutrial areas would be 90% occupied and hence the owner would want a resience in its proximity as the rates in rohini are skyrocketing not less than 4 lac persqyd .. sonipat would emerge as the favourite option for a business person ..
                these areas all together have 50,000 around factory units alloted in them ,.. !!

                metro till sonepat is in planning stage and a station is proposed at sector 35 sonepat ..
                once the DPR would be ready we would see this officially announced in phase 4..
                but metro till narela is confirmed and it is just 6 km from sonepat .. via sonipat narela road .. !!

                RRTS would be the biggest factor in driving the prices of this region !!
                Last edited March 11 2012, 01:33 PM.

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                • #58

                  #58

                  Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                  go through this link to get the way of proposed metro and also the exact location of jindal global city and proposed 65mt road .. !!

                  http://jindalrealty.com/map.htm

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                  • #59

                    #59

                    Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                    Thanks for sharing this excellent map showing location of different projects.

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                    • #60

                      #60

                      Re : Will Kundli / Sonepat be Safer Bet Compared to Noida Projects in Mulayam's Rule?

                      Originally posted by AJAY33 View Post
                      Thanks for sharing this excellent map showing location of different projects.
                      yah brother most of the projects are covered in this map except that parsvnath , omaxe and eldeco belt .. !!..

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