Developers are moving to Tier II & III cities like Bhubaneswar, Chandigarh, Lucknow, Gwalior, Jaipur, Nagpur, Meerut, among others, which is expected to augment demand for residential real estate in these places. A K TIWARY writes


Developers are now moving towards Tier II & III cities, having provided quality products in the metro cities like the Delhi NCR, Mumbai, Bangalore, etc.


The reason is not far to see as demand in these cities is increasing by the day. Developers like Ansal API, Ansal Housing, Assotech, Omaxe, Amrapali, Antriksh, Unimexx Builders, Supertech, Earth Infrastructure, etc, which have made a major contribution to the realty scene in Delhi and the NCR, are now heading here.


Apart from real estate firms, a large number of IT-ITeS companies are also moving to Tier II & III cities in search of cheaper real estate and manpower. This will augment demand for residential real estate in places like Bhubaneswar, Chandigarh, Lucknow, Gwalior, Jaipur, Nagpur, Meerut, Kochi, Indore, Patna, Gaya, Ranchi, Udaipur, among others. The demand for quality lifestyle and walk-to-work concept are some of the drivers of demand for Tier II & III cities that offer commercial, retail, residential, and leisure facilities within a given area.


Bhubaneswar booms


Encouraged by the growth in demand for affordable housing projects in the country, Noidabased real estate player Assotech Limited is exploring the possibility of developing a low-cost residential project in Bhubaneswar.


Assotech announced its Cosmopolis project in Bhubaneswar, which the company was keen to develop over 8.93 acres at Dumduma on National Highway 5, close to the archaeological sites of Khandagiri and Udaygiri. This project is being developed by Assotech in a strategic alliance with the city-based B Engineers and Builders Limited. Assotech has received all the relevant clearances from the Bhubaneswar Development Authority for the Cosmopolis project. Cosmopolis will consist of 17 floors and 666 dwelling units. This highrise complex will offer environmental-friendly features like rainwater harvesting system to replenish groundwater, as well as environment-friendly waste disposal and sewerage treatment.


Assotech Ltd is also coming up with a 5-star hotel, Radisson, after the launch of Cosmopolis. The project is a joint venture of Assotech and Milan Group. It will only be premium business hotel in the 5-star category in Bhubaneswar. The project is coming up on a prime site close to the Biju Patnaik Airport, Bhubaneswar. The national highway and railway station are within a radius of 5km from this project. This property will have nearly 120 rooms. The newly developing area of Khurda lies about 10km to the north. The proposed medical institutions like AIIMS and other educational facilities are located nearby. Assotech has also launched Windsor Hills in Gwalior, Metropolis City in Rudrapur and Medilifecare hospital in Patna.


Sanjiv Srivastava, the managing director of Assotech Ltd, says: "As a growth driver, the retail revolution, apart from bringing in positive and sweeping changes in the quality of life in the metros and bigger towns, is also bringing in changes in the lifestyles in Tier II and III cities. Increase in literacy, entry of software giants, high disposable income, exposure to media, greater availability and penetration of a variety of consumer goods into the interiors, have all resulted in creating lifestyle and aspiration levels on a par with other fastmoving metropolitan cities."


Under a 3-tier planning, developers are also reaching hill stations like Kullu in Himachal Pradesh. Here Unimexx Builders and Developers Pvt Ltd is offering a residential project, Kullu-Manali, on NH-21. This is on a 3-minute drive from Bhuntar Airport. Sumit Khanna, the chairman and managing director of Unimexx Builders, says: “In the serene backdrop of Himalayas in Kullu, our project is the most sought-after location with 190 units of 1-, 2-, 3BHK apartments, ensconced in orchids and beautiful landscapes of the valley.


“Fully furnished apartments with all 5-star amenities, security, power backup, and elevators make your life comfortable and luxurious. One of the attractive features is a promising asset for real estate market with assured profit returns in two years. And, this is the only government-approved project and is open for non Himachalis too. The project is likely to be completed by March 2013.”


Anil Sharma, the chairman of Amrapali, says: "The future of retailing in Tier II & III cities lies in New Age shopping malls, which provide variety, value and convenience in a more comfortable environment. The growth is supported by a surge in the consumer spending on branded goods in the recent times."


Amrapali Group has been launching its projects in Kochi, Patna, Muzaffarpur, Gaya, Jaipur and Indore.


Boom in Agra


Agra is now a very popular city for builders and developers after the boom of real estate industry here.


Residential development has put property in Fatehabad Road, Shamshabad Road, Dayal Bagh, Shastri Puram in focus in Agra. Reputed builders like Ansal API, TDI, Omaxe, Pushpanjali, Gayatri, Nalanda Developer, Bulland Heights, Anupam and Nikhil Housing are also showing interest in undertaking residential housing projects.


TDI City, Agra, is the first ecofriendly township located in the main Fatehabad Road and adjoining the proposed Noida Agra Expressway. It is being developed over 125 acres. The township is next to the eight-lane Taj Expressway and about 3.5km from the Taj Mahal.


This integrated township offers hotels, malls, shopping space, group housing, residential plots (200, 300 and 400 sq yd) and villas. With well-connected roads and rail network to entire country, a pollution free environment, and an international airport on the anvil, the township offers a highly modernistic lifestyle to the city of Agra. Ravinder


Taneja, vice-chairman of TDI, says: "Located at the junction of Fatehabad and Taj Road in Agra, TDI Mall is may well be Agra's longest and biggest mall in with an area of 2,00,000 sq ft. The mall is not only in close vicinity of the Taj Mahal, but also of luxury hotels like the Amar Vilas, Welcomgroup Mughal Sheraton, Jaypee Palace and the Trident."


Sushant Taj City, over 500 acres, is just two and half hours from Delhi, and has been meticulously planned. It has everything that customers look for: abundant greenery, a well-developed network of roads, parks, uninterrupted power, quality water supply and a secured cluster planning.


Pranav Ansal, the vice-chairman of Ansal API, says: "This project is a realization of Agra's long cherished desire for a global lifestyle. A pollution-free environment, state-of-the-art security systems and amenities fit for a luxurious cosmopolitan lifestyle make Sushant Taj City the most enviable location in the city. It promises to be the gateway to a new Agra."


Mohali gears up


Real estate in Mohali has started seeing bullish trends, as more and more buyers have begun to invest here. It is not only residential property; commercial property in Mohali, too, is seeing sunny days. An investment in Mohali real estate is sure to give a definite edge to buyers. Mohali has beautiful green surrounding with a proposed lake, a golf course, and an international airport adding to the USP of the place.


Several reputed builders including Ansals, Emaar MGF, TDI, Omaxe, DLF, IREO, and Unitech are developing mega projects at Mohali. With the entry of these big-ticket developers, Mohali is set to emerge as the favourite destination for global investors and end users. Ravinder Taneja says: "TDI has launched two mega projects, TDI City-1 and TDI City-2, in Mohali. TDI city-1 is spread over 200 acres and is a fine fusion of world-class infrastructure and good taste. With facilities and amenities like schools, a 5-star luxury hotel, a healthcare centre, a mallcum-multiplex and recreation centres, the township offers you a superb living experience."


Strategically located in Sectors 110 and 111, on the main Landran-Banur Road, another integrated township, TDI City-2, offers plots of various sizes, along with beautifully designed villas and luxury apartments. Spread over 150 acres, the township will have state-of-the-art malls, a multiplex, healthcare centres, etc. Ansal API City Centre Mohali, the new landmark located on the prime Kharar-Landran Road in Sector 115, Mohali, offers more options. The City Centre is designed to become the hub of all business and leisure activities in this city, as it offers a variety of options for residents to choose from.


Rohtas Goyal, the chairman and managing director of Omaxe Ltd, says: "On the other side, Mullanpur, is spread over 6,123 hectares, taken from 33 villages around the Chandigarh periphery, and is set to be the first 'eco-town' in Punjab. The approved master plan for Mullanpur local planning area includes several special development control regulations like a no-development zone, special-use zone and building-height control measures."


A state-of-the-art 7-star hotel is being developed by Omaxe, on 25 acres. The construction is likely to take off soon as the state government has allowed change of land use. The state government has recently given approval for a Rs 202-crore Golden Peak Township Private Limited, a mega housing project of Omaxe in Mullanpur, for the development of an integrated township consisting of row housing, villas and plots over 185 acres.


In addition, DLF has planned to invest Rs 1,000 crore in Mullanpur for a mega township project on nearly 170 acres; this will provide employment to nearly 5,000 people.


QUICK BITES


APART FROM REAL ESTATE FIRMS, A LARGE NUMBER OF IT-ITES COMPANIES ARE ALSO MOVING TO TIER II & III CITIES IN SEARCH OF CHEAPER REAL ESTATE AND MANPOWER


THE DEMAND FOR QUALITY LIFESTYLE AND WALK-TO-WORK CONCEPT ARE SOME OF THE DRIVERS OF DEMAND FOR TIER II & III CITIES THAT OFFER COMMERCIAL, RETAIL, RESIDENTIAL, AND LEISURE FACILITIES WITHIN A GIVEN AREA.

-TOI
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  • Delay doubles Cuttack sanitation project cost

    CUTTACK: The inordinate delay in the integrated sanitation improvement project work may prove costly for the city. While the project funded by Japan International Cooperation Agency (JICA) for overhauling the sanitation system was announced in 2007 at an estimated cost Rs 757.44 crore, it has now almost doubled to Rs 1,500 crore.

    People are skeptical about JICA agreeing to bear the extra burden. "It was announced that out of the total project cost of Rs 757.44 crore, the agency would chip in with Rs 624.65 crore and the rest borne by the state government. But due to the carelessness and negligence of the government, the project cost has escalated to Rs1,500 crore. What if JICA authorities refuse to pay more money for the project?" asked president of Cuttack Congress unit Md. Moquim.

    Officials, however, claimed that there was absolutely no problem. "We have informed the JICA authorities about the escalated cost and they have agreed to pay us the remaining amount," said director of the JICA project Dipayan Patnaik. He said the project would be completed in the next 36 months.

    Though project was announced in 2007, chief minister Naveen Patnaik laid the foundation stone in October last year and it was targeted to be completed by 2015. A review meeting was convened on Monday where the revised deadline and escalated cost of the project was announced. "Cost of raw material and labour has almost doubled in the last five years, which have added to the project cost," said a senior official associated with the project.

    The project envisages complete revamping of the existing drains and channels in the city. A comprehensive network of around 255-km underground gravity sewers would be built and equipped with 14 pumping stations and two sewage treatment plants at Bidanasi and Matgajpur. The 23-km-long two stormwater channels would be reconstructed scientifically along with the drains connecting them to ensure maximum efficiency in carrying and discharging water from the city.







    Delay doubles Cuttack sanitation project cost - The Times of India
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  • Highway project gets new lease of life

    KANNUR: The National Highway Authority of India (NHAI) has cleared most of the roadblocks for the widening of the National Highway 17 in north Malabar region and issued 3A and 3G notification for various stretches, thus giving rise to the hopes that wide national highways will become a reality soon.

    Since most of the land owners are willing to give their land for the widening project, the process will now move in a fast mode, said an official associated with the land acquisition.

    "In the beginning, the objection was due to the allegation that extra land is being acquired for some other purposes but now the people are convinced of the need of land acquisition and there is not much objection," said Lissy George, deputy collector, land acquisition, Kannur.

    Now, barring a couple of places where some places of worship are situated on the proposed alignment, the alignment has been fixed which has added momentum to the acquisition process, she said. Wherever 3A and 3D notifications have come the NHAI has started issuing 3G notification asking the land owners from Kasaragod and Kannur to approach the office of the deputy tahsildars concerned to prove their ownership as part of fixing the land value and also to address the complaints if any.

    However, in the places where 3A notifications have been issued, it will take nearly one year to issue the 3D notification and then the 3G notification.

    Since the acquisition process involves many steps, and also the District-level Land Purchase Committee (DLPC) has not yet finalized the land value, it might take more than one year for the acquisition to be complete.

    But the authorities are confident that the work can start soon once 50 per cent land acquisition is completed, and the entire work is expected to be completed in three years, according to the officials, who said in many places like Thalassery and Mahe, the acquisition is already over.

    "Since the acquisition process is moving in a fast pace, we are confident that the work from Kerala, Karnataka border to Valappattanam Bridge could begin in the next six months and by then the acquisition till Vengalam near Kozhikode and further up to Ramanattukara can start," said an NHAI spokesperson.

    However, there is still confusion over land acquisition in Malappuram which might affect the work, he said.

    Another headache for the DLPC is to fix the market price in many places, said an official.

    Though the land price is high in these places, it is shown less in the registration deeds to reduce stamp duty and this is causing stumbling block in fixing the land price.

    If that issue is addressed effectively and also if the acquisition process is made fast in other places, the NH widening will be a reality in three years, according to them.

    Since the NH is narrow in many places and also it passes through the heart of the towns in Kannur district, traffic block is a perennial issue and it could be addressed only by widening the NH and also building bypass roads.











    Highway project gets new lease of life - The Times of India
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  • Plastic waste to be used in roads construction

    VARANASI: Varanasi Municipal Corporation (VMC) is planning to utilise poly bags and harmful plastic wastes in the construction of roads. Although the implementation of complete ban on poly bags in city imposed by VMC from January 01 is least visible, VMC has come up with another idea to get rid of plastic wastes and polythene bags and is in talks with some private players to set up a plastic recycle plant in the city.


    According to municipal commissioner, RP Singh, the plastic recycler will melt the poly bags and plastic wastes. The melted product can be used to make a number of articles. The best use of the melted plastic will be in the construction of roads. The plastic coated concrete when exposed to rains does not get damage and last long. Such roads can survive for more than six years without any damage caused by rains, he said."Presently the plan is being discussed with the engineers who are interested to install the plant in the city. The land for the plant will be provided by VMC. Once operational, the melted plastic can also be purchased by industrialists, entrepreneurs and workshops and anyone who need recycled plastic for making various other plastic articles," he added further.

    On the other hand the cheap poly bags are being circulated fearlessly in markets despite the ban imposed by VMC. In fact the Vishwanath gullie and areas of ghats, which were identified as priority area by VMC in controlling the circulation of poly bags are witnessing rampant use of poly bags by local, shopkeepers and even devotees who are coming in large numbers to the city to offer prayers at Kashi Vishwanath temple after attending Maha Kumbh in Allahabad. Interestingly, most of the shopkeepers and vendors selling flowers, devotional articles and edibles are not aware of any kind of ban imposed on plastic bags.

    "The customer do not bring their own bags, moreover once the customer takes away the item, the plastic bag also goes with him, hence the area here is not littered with plastic," wondered Babloo, a vendor selling house hold accessories on Dashaswamedh road. At the same time, there are many shops on the stairs of Dashaswamedh ghat, which are aware of the ban but they are keeping the poly bags and supplying when demanded by customers. Manoj, a shopkeeper selling devotional articles at Sheetla ghat said,"If we do not provide plastic bags the customer goes away, therefore, we have to cater them in such cases."

    On the other hand, according to Singh, the plastic bags are entirely banned in Vishwanath gullie premises. The announcements are being made constantly. However, the ban is yet to be implemented strongly in other areas. Recently nine people were caught circulating poly bags near ghats. VMC is mulling ways to enforce the proper implementation of the ban imposed on plastic bags.

    VMC to install dustbins at ghats: In view of keeping the ghats clean and clutter free, Varanasi Municipal Corporation (VMC) is going to install fixed dust bins at all the 84 ghats of the city.

    While talking to TOI, municipal commissioner, RP Singh said that the orders for the dust bins have already been done. While each ghat will have one dust bin, as many as four dust bins will be installed at crowded ghats like Dashaswamedh ghat, Sheetla ghat, Rajendra Prasad ghat, Manikarnika ghat, Panchganga ghat, Asi ghat and others. According to Singh, the dust bins will be balanced on a stand and can be rotated to empty the load. The work will start in March end.











    Plastic waste to be used in roads construction - The Times of India
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  • Civic body confiscates 68 properties of tax defaulters

    NASHIK: The Nashik Municipal Corporation (NMC) has confiscated 68 properties in different parts of the city, in a fresh drive against property tax defaulters.

    Owners of the properties have failed to pay the dues for several years despite the civic administration issuing them legal notices.

    A civic official said, "The confiscated properties will be auctioned on March 18 and 20 if the owners fail to pay their arrears. The total tax due for the 68 properties is Rs17.26 lakh." He said the tax arrears range from Rs 5,000 to Rs 69,000. Most of the defaulters are on Gangapur Road.

    The official said, "The action is part of our drive against those who don't pay tax regularly and have dues pending for a long duration. We plan to recover the maximum possible property tax dues before the end of the current financial year," he said.

    The NMC had set a property tax recovery target of Rs 95 crore for 2012-13, but has collected only around Rs 37.7 crore.

    Meanwhile, of the 230 properties confiscated earlier, 77 property owners have paid the dues.

    "There has been no response yet for the auction. We will charge the remaining defaulters 24% interest per year as penalty," said Panchavati divisional officer R R Gosavi.








    Civic body confiscates 68 properties of tax defaulters - The Times of India
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  • रोहतक-हिसार रोड फोरलेन पर खर्च होंगे 1000 करोड

    एनएच 10 पर रोहतक-हिसार रोड को फोरलेन बनाने के लिए 1000 करोड़ रुपये की लागत से निर्माण कार्य शीघ्र ही किया जाएगा, जिसके लिए एनएचआई द्वारा टेंडर जारी कर दिया गया है। सांसद दीपेन्द्र सिंह हुड्डा ने रोहतक में यह जानकारी दी। उन्होंने बताया कि इस रोड पर रोहतक-महम और हांसी सहित 6 शहरों के गांवों में भी बाईपास बनेंगे। इसके अलावा रोहतक शहर के उत्तरी क्षेत्र में बनने वाले पैरीफेरल रोड का भी निर्माण होगा, जिसको मंजूरी मिल चुकी है और शहर के दक्षिणी क्षेत्र में बन रहे पैरीफेरल रोड का काम लगभग पूरा हो चुका है। यह रिंग रोड सिगनल फ्री होगा और दूसरे शहरों से आने वाहन शहर के बाहर से क्रॉस कर सकेंगे।


    रोहतक-हिसार रोड फोरलेन पर खर्च होंगे 1000 करोड़ - Rohtak - Hissar Road Forlen 1,000 crore would be spent on - Navbharat Times
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  • For HDMC, 20 years are not enough to develop a park

    HUBLI: Much has been said about protecting sites reserved for gardens in Hubli-Dharwad and preventing them from turning into dumpyards, at every general body meeting.

    But the HDMC has woken up to the reality as it continues to ignore sites reserved for the garden. The site which was reserved for garden in Kalidas Nagar is one such glaring example.

    Due to the negligence of the HDMC, the vast land is today being used for dumping waste and construction materials. The only park in Kalidas Nagar has not been developed at all.

    Kalidas Nagar came to existence about 20 years back. Since then a site has been earmarked for developing a site. Kalidas Nagar is surrounded by well-known areas and is also nearest to Gokul Road (Airport Road) and Hubli-Dharwad Main Road.

    Speaking to TOI, Kavita Banna, who owns a shop in the area, said the site has remained a dumping ground for many years now. During summer, the dust rising from the dumped construction material is a nuisance for houses nearby.

    The park is located in the heart of Kalidas Nagar and is surrounded by houses, apartments paying guest houses, schools, temples. But even after the area was developed, the park has remained as is. Kalidas Nagar has about 210 plots and more than 110 building have already been constructed, while the remaining is under construction.

    A J Karmakar, businessman, said that some residents dump building waste materials over night and this has spoiled the beauty of the area.

    HDMC zonal commissioner P D Galemmanavar said: "I am not aware of building waste materials dumped at Kalidas Nagar Park. I will look into it after the completion of election works and take measures to get the park cleaned."

    The area was developed by private players and the park was not developed during handover time, and we have planned to take developmental works of the park in next list of park development, he added.










    For HDMC, 20 years are not enough to develop a park - The Times of India
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  • Railway moves against encroachers

    KOCHI: The Southern Railway will put up barbed wires around its unused property in the city. Steps will be taken to remove unauthorized settlers from the railway property with the help of Kochi corporation and police.

    Though the railways had informed the local body on rampant encroachments on its land, the corporation has not yet taken steps to relocate or remove encroachers.

    While the railways can evict encroachers with police assistance, the local body's intervention is helpful in avoiding unnecessary confrontation with the local people. "Once the fiscal gets over, the railways will hold talks with the local body on this aspect. The process of removing unauthorized settlers is expected to begin by April," said Ernakulam area manager P L Ashok Kumar.

    The railways had recently conducted a survey and taken a rough estimate on encroachments. The organization has large areas of unused land near Kerala High Court in Ernakulam and Nemom in Thiruvananthapuram. In Ernakulam, unauthorized settlers have mainly occupied land and building belonging to the old railway station. "We have noticed brick units, hutting, make-shift shops and other petty shops in this area. Moreover, certain parts of the unused railway tracks are tarred and is being used as extended portions of roads," said Kumar.

    Railways will also verify the land used as parking space by a government establishment functioning there. It has about 30 acres in this prime locality. The officer also said there were minor encroachments like small sheds and car porch along the main tracks.

    In Thiruvananthapuram, it has 25 acres of unused land at Nemom, which is away from the heart of the city on a hilly terrain.

    The railways is keen on getting encroachments removed taking into consideration the commercial value of the property as well as for future expansion plans. Though there are no concrete plans to utilize the land belonging to the old railway station, the railways can lease out the property or can build commercial complexes to generate income.











    Railway moves against encroachers - The Times of India
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  • Property owners near ORR need to pay betterment tax

    MYSORE: Property owners residing within 500m radius and along the outer ring road (ORR) must shell out more.

    Muda has proposed to levy a tax on them to generate revenue.

    It is aiming to earn Rs 20 crore in the next fiscal from the proposed betterment tax.

    Muda commissioner C G Betsurmath told TOI that there is a provision under Karnataka Urban Development Act (1987) to levy betterment tax, and the urban body has proposed to collect the same from this year.

    Under this, all those residing within 500m radius from ORR need to pay one-time betterment tax. The tax was proposed as property owners have benefitted largely by the development of 45m wide ORR. "We are working out a plan in this regard," the commissioner said.

    Outer ring road toll


    Henceforth, those owning four-wheelers and heavy vehicles need to pay a toll if they use ORR in Mysore.

    Muda officials said it will help generate revenue to the tune of Rs 1 crore. Muda needs funds for developing the ORR as per the Centre's requirements like creating service roads on both sides, space for pedestrians, and underbridge.

    Betsurmath said: "With no support from the government, we need to generate funds on our own, and hence the ORR toll. We will work out a plan on how to go about it."

    Cleaning cess

    Property owners, take note. If you have left your sites vacant, you need to pay cleaning cess to the civic body. This follows complaints from those in the vicinity of vacant sites in Muda layouts. Muda will levy tax on owners to remove weeds and debris from their sites. The tax is estimated at Re 1 per sqft. Rs 2 crore revenue is expected from this.









    http://timesofindia.indiatimes.com/city/mysore/Property-owners-near-ORR-need-to-pay-betterment-tax/articleshow/18930840.cms
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  • Orbital road study moves into next gear

    KOCHI: The regional orbital road, connecting Kodungallur in Thrissur district with Cherthala in Alappuzha district, has moved to the next stage with the National Transportation Planning and Research Centre (Natpac) expected to submit the feasibility report to the state town planning department by March-end.

    Natpac, which was entrusted with the task of conducting the study for the road, is learnt to have completed the survey for the same. The agency is now in the final stages of preparing the alignment of the road that will have a total length of 108km. According to sources, the state government has provided Rs 15 lakh for the preparatory work. The road, called the Ernakulam regional orbital road, will be a four-lane road. "The road is part of the Kochi master plan and aimed at developing areas in the periphery. A detailed project report (DPR) will have to be prepared for the execution of the project," said an official with the town planning department.

    Natpac will submit four or five alignments to the regional town planning office.

    "The road is planned as a long bypass and will connect NH 17 and NH 47. Though the option of extending Edapally-Aroor bypass and Seaport-Airport Road were considered, they were dropped as both roads have reached the saturation point," said a Natpac official. Even though the capacity of a two-lane road is 10,000-15,000 vehicles per day, the Edapally-Aroor bypass and the Seaport-Airport Road have vehicular traffic double their capacity.

    Sources said that the orbital road can be developed as a high-speed corridor if executed properly.

    "The road should be planned in such a way as to meet the demands for the next 50 years," said an official. Natpac has prepared the feasibility report after considering the availability of land.












    Orbital road study moves into next gear - The Times of India
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  • Tata Housing forays in Odisha with Ariana

    BHUBANESWAR: Real estate major Tata Housing Development Company today announced the launch of Ariana, Bhubaneswar's first integrated residential complex at Shankarpur.

    "Over the last few years, real estate as an industry has gained momentum across Odisha with improvements in infrastructure like the new international airport here," said Managing Director and CEO of Tata Housing, Brotin Banerjee.

    Moreover, Bhubaneswar is one of the main centres of trade which showcases tremendous potential of good purchasing power and demand for premium quality residential properties amongst end users as well as investors, he said.

    Given its proximity and connectivity to metro cities such as Kolkata, Bhubaneswar is showcasing a great appetite for high-end living.

    Ariana, which would be a luxury residential gated community with 12 towers ranging from 14 to 19 stories, is expected to be one of the land mark projects of international standards, Banerjee said.

    The project, located 10 km from Biju Patnaik airport and spread over 12 acres and encircling large water bodies would be developed in association with Bhubaneswar Development Authority (BDA).

    It has been designed by international architects Woods Bagot and its masterplan certified by Indian Green Building Council.

    Established in 1984, Tata Housing is a closely held public limited company and a subsidiary of Tata Sons Limited. Tata Sons Limited holds 99.86 per cent of equity share capital of the company, company sources said.

    Tata Housing is now developing large townships and differentiated theme based projects in major and mini metros. As a comprehensive real estate developer of choice, Tata Housing straddles across all consumer segments from value to luxury housing, by offering products ranging from Rs 5 lakh to Rs 14 crore, the sources said.








    Tata Housing forays in Odisha with Ariana - The Economic Times
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  • These guys (MP & CM) seem to be farsighted n got guts at the same time to get funds approved from the centeral govt. Not everybody has potential to provide basic infrastructure for one's own constituency. Rohtak seems to be a new city altogether, happened to visit in October last year.

    Originally Posted by abhay
    एनएच 10 पर रोहतक-हिसार रोड को फोरलेन बनाने के लिए 1000 करोड़ रुपये की लागत से निर्माण कार्य शीघ्र ही किया जाएगा, जिसके लिए एनएचआई द्वारा टेंडर जारी कर दिया गया है। सांसद दीपेन्द्र सिंह हुड्डा ने रोहतक में यह जानकारी दी। उन्होंने बताया कि इस रोड पर रोहतक-महम और हांसी सहित 6 शहरों के गांवों में भी बाईपास बनेंगे। इसके अलावा रोहतक शहर के उत्तरी क्षेत्र में बनने वाले पैरीफेरल रोड का भी निर्माण होगा, जिसको मंजूरी मिल चुकी है और शहर के दक्षिणी क्षेत्र में बन रहे पैरीफेरल रोड का काम लगभग पूरा हो चुका है। यह रिंग रोड सिगनल फ्री होगा और दूसरे शहरों से आने वाहन शहर के बाहर से क्रॉस कर सकेंगे।


    रोहतक-हिसार रोड फोरलेन पर खर्च होंगे 1000 करोड़ - Rohtak - Hissar Road Forlen 1,000 crore would be spent on - Navbharat Times
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  • Groundwater sources not conserved: Expert

    AURANGABAD: The majority of the population in the rural areas is dependent on groundwater sources for their daily needs, still no steps have been taken to conserve groundwater sources, said Dilip Yardi, city environmentalist.

    He was addressing the villagers of Jhalta located around 15 kms from the city.

    "The water that percolates into the ground is used for industrial, irrigation and drinking purposes through bore wells. However, the amount of water available depends entirely on the percolation capacity of the land," Yardi said. The percolation capacity varies from 7% to 13%.

    Yardi said, "Often groundwater is used in excess amounts due to its easy availability for irrigation purposes. However, scientific methods should be devised to know the exact needs of various crops and water supply should be used accordingly."

    He said that programmes such as construction of bunds and farm ponds should be implemented in the rural areas.

    Yardi appealed to the villagers that cropping pattern for agriculture should be selected according to the groundwater availability. Water available and obtained from rainfall should be estimated and accordingly managed. Recharging the groundwater sources is equally important.

    P S Kulkarni, secretary of the Geo Forum, said, "Geo hydrological map with the help of geologists should be prepared by the villagers of their area as per the rock structure and percolation capacity of the area to understand the water levels of the area."

    Other environmentalists present focused on precautions to be taken to prevent polluting water sources in the area. They urged that used water should be treated and only then let into drainage or groundwater for percolation.

    The sarpanch of the village also shared his successful experiences about conservation and use of water.





    Groundwater sources not conserved: Expert - The Times of India
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  • 'Asian highway will put region on progress path'

    IMPHAL: Royal Thai government representative Nalinee Taveesin on Tuesday said the northeast, especially Manipur, will embark on the path of rapid economic development once the 3200-km trilateral Asian highway connecting India, Myanmar and Thailand becomes operational.

    The permanent representative of Thailand Prime Minister's Office, Nalinee, who led a high level Thai delegation in its two-day visit to Manipur, said Manipur should prepare for boosting the trade and commerce growth to match with the proposed opening of the trilateral Asian highway.

    Manipur's Moreh town in Chandel district, the end point of National Highway 2 and the focal point of India's ambitious 'Look East Policy' through which the trilateral Asian highway would pass, is currently being developed at a fast pace in view of the opening up of the tri-country highway.

    Notably, Thailand and other South East Asian countries are also responding with high expectation to India's Look East Policy with its Look West Policy. Officials here said the Asian highway would be operational by 2016 as the three linked countries are putting in best efforts to develop the route.

    The Thai delegation have been touring the northeastern states at the initiative of the Indian Chamber of Commerce since last Saturday to access the region's potential for trade and investment, she told reporters here.

    Stating that a Free Trade Agreement (FTA) between India and Thailand is under process, she said the same is also aimed at promoting trade and investment between the two countries. The Thai delegation also met governor Gurbachan Jagat and chief minister Okram Ibobi Singh separately and discussed about promoting business ties between India and Thailand. The delegation that wrapped up its two-day Manipur stint on Tuesday also joined a meeting with state officials, traders, representatives of various civil bodies of the state on Monday evening in Imphal.

    Other delegation members include General Noparrat Yodvimol and Shiva Thepcharoen, advisors to the Thailand Trade Representatives, Plan and Policy Analyst Supawadee Cherdamanee and three officials of the Royal Thai Embassy, New Delhi.











    'Asian highway will put region on progress path' - The Times of India
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  • Ramdas' housing project comes to a halt

    MYSORE: The controversial housing project for the people of Krishnaraja assembly constituency represented by minister S A Ramdas which he tried to push through hurriedly has come to a naught with the election commission announcing dates for the assembly elections and imposing the election code of conduct with immediate effect.

    Ramdas who represented Krishnaraj assembly segment last week announced a pilot housing project "Swanta soorina uru Mysore" (own houses native Mysore) and called applications from the people who are living in rented houses in the city.

    Minister said project is aimed to provide houses to all the people living in rented houses and the government will provide a subsidy of Rs 2.75 lakh and the remaining 3.75 lakh will be given as soft loan from the nationalized banks with a moratorium of 20 years.

    Innocent people with a dream to have their own houses queued up for the application forms and there was a even a near-stampede situation at the places where applications were distributed.

    Surprisingly, the project barring an order from the housing and urban development department neither had any legal sanctity nor the procedures were followed in calling applications from the house seekers.

    His rivals in constituency and city severely criticized and alleged the scheme as the election gimmick of Ramdas to woo the voters.

    H V Rajiv, a KJP leader, said that he will write to the Lok Ayuktha to initiate action against Ramdas for allegedly cheating the voters. "How will the minister implement a scheme which has no approval from the government?" he asked, adding that no procedures and law was followed in announcing the scheme.

    Even BJP MLC G Madhusudhan opposed the scheme saying that the scheme is not worked out as per the law and urged the CM not to participate in the functions scheduled to launch the scheme.

    "This scheme will bring bad name to the government and party", he said in a letter to chief minister.

    Meanwhile, the district administration which was in a fix over the scheme with the officials reportedly working under Ramdas's pressure for he being a district minister were quick enough to act and cancel CM's programme in city on Thursday where he was scheduled to launch the scheme.











    Ramdas' housing project comes to a halt - The Times of India
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  • Poor infrastructure hampering growth at Uppalwadi industrial estate

    NAGPUR: Even as the state government is announcing lucrative schemes to invite industries to the state's backward region, the first industrial estate of Vidarbha - Uppalwadi - is going through a bad phase. There are a number of issues plaguing Uppalwadi, including infrastructure and maintenance shortfalls, bad condition of roads and inundation in rains due to lack of storm water drains.

    The Uppalwadi Industrial Estate area, established in 1961, was inaugurated by Morarji Desai, the then union finance minister. Spread over 23 acres, it has 95 sheds and 50 working units employing over 2,000 people. However, it is in a neglected state thanks to the negligent attitude of Bharatiya Janata Party ruled Nagpur Municipal Corporation.

    "This estate comes under municipal corporation limits and we are paying our taxes regularly under various like sewerage, water, property, fire, light etc," said chairman of UIECSL Arun Choudhary. "It is very sad to note that in spite of paying all taxes to NMC, it doesn't provide any service to us, not even sweepers, road maintenance or street lights," said entrepreneur Anuja Sharma.

    Finally, UIECSL started providing all sorts of services to its members. "But then why should we pay tax to NMC," asked Sharma.

    However, they are all praise for North Nagpur MLA Nitin Raut, who in 2004 provided Rs50 lakh from his discretionary funds. The amount was utilized to provide some basic infrastructure like roads and street lights. But NMC has not even bothered to maintain the roads and street lights.

    Adding to their woes, recently the Koradi Thermal Power Station dug up half the road to lay a pipeline but did not repair the road later.

    On one hand, the entrepreneurial boom is pushing the government to scout for land to set up new industrial estates. On the other hand, existing estates are struggling with infrastructural problems.

    The lack of good roads, storm water drains and water facilities discourage new units from coming up in the area. During monsoons, both skilled manufacturing workers and professionals are forced to wade through the flooded roads on their way to work.

    In fact, poor infrastructure has forced many entrepreneurs to shift their units to other areas, said some of the plot owners.

    Industrialist Rakesh Khandelwal was planning to expand his existing units. But he has now changed his mind and decided to set up the expansion works in adjoining Madhya Pradesh, where infrastructure facilities for industries are better.

    Maintenance costs of transport vehicles have doubled in recent times, which could also have an impact by escalating cost of production.

    Corporator Savita Sangole, under whose ward the Uppalwadi estate lies, assured to improve civic infrastructure. She said that if it is developed properly it won't only attract more small scale units but also provide job opportunities to unemployed youths.

    Standing committee chairman and senior BJP corporator Avinash Thakre said, "If any requirement comes from the ward corporator or zonal office, I will definitely provide funds for development of the area."









    Poor infrastructure hampering growth at Uppalwadi industrial estate - The Times of India
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