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breaking news-NPR

Last updated: September 21 2012
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  • breaking news-NPR

    18 महीने में पूरा करना है निर्माण
    एनबीटी न्यूज ॥ गुड़गांव
    हरियाणा अर्बन डिवेलपमेंट अथॉरिटी (हूडा) की ओर से नॉर्दर्न पेरिफेरल रोड का निर्माण अगले महीने से शुरू कर दिया जाएगा। मंगलवार को एनपीआर की फाइनैंशल बिड खोली गई। संयुक्त रूप से इंडिया बुल और डीएसआर कंस्ट्रक्शन प्राइवेट लिमिटेड को इसका ठेका दिया गया है। जल्द ही इन कंपनियों को अलॉटमेंट लेटर दिया जाएगा। 18 महीने के अंदर रोड का निर्माण करना होगा। रोड की कुल लंबाई 18 किमी है, जिसमें से 5.5 किलोमीटर का मामला अदालत में विचाराधीन है। इसके चलते 12.5 किलोमीटर रोड के निर्माण को लेकर आवेदन आमंत्रित किए गए थे। इसकी आरक्षित कीमत 57 करोड़ रुपये रखी गई थी।
    एनपीआर का निर्माण करने को लेकर इंडिया बुल व डीएसआर कंस्ट्रक्शन प्राइवेट लिमिटेड ने 44 करोड़, गावर्स कंस्ट्रक्शन लिमिटेड ने 47 करोड़ एवं केसीसी वेल्ड कोन लिमिटेड व महाशिव प्रमोटर लिमिटेड ने 51 करोड़ रुपये का टेंडर भरा गया था।
    150 मीटर चौड़ी इस रोड के एक तरफ बीआरटी कॉरिडोर बनेगा, जबकि दूसरी तरफ से मेट्रो गुजरेगी। 12.5 मीटर चौड़ी रोड बनाई जाएगी। इसके बीच मंे 10 मीटर की सेंटल वर्ज का निर्माण भी किया जाएगा। गौरतलब है कि द्वारका से खेड़कीदौला के समीप एनएच-8 को नॉर्दर्न पेरिफेरल रोड जोड़ेगी। इस रोड का डिजाइन मेसर्स दिल्ली इंटिग्रेटिड मल्टी मॉडल ट्रांजिट सिस्टम लिमिटेड की ओर से तैयार किया गया है। हूडा के डिविजन नंबर 2 के इग्जेक्युटिव इंजीनियर ए. के. मग्गू ने बताया कि मंगलवार को एनपीआर की फाइनैंशल बिड खोली गई। इसमें सबसे कम रेट 44 करोड़ रुपये इंडिया बुल व डीएसआर कंस्ट्रक्शन प्राइवेट लिमिटेड की ओर से भरा गया था, जिसके चलते उसे जल्द निर्माण को लेकर अलॉटमेंट लेटर दे दिया जाएगा।
  • #2

    #2

    Re : breaking news-NPR

    NPR stretch will enhance competition among realtors - The Times of India

    GURGAON: On Friday, the Haryana Urban Development Authority (HUDA) opened the sealed tenders pertaining to the development of Northern Peripheral Road (NPR) and the Dwarka Expressway.

    As on date, HUDA has three private parties who have made bids for the project (which closed on March 7). These include Gawad Constructions, KCC Buildcone and India Bulls, the later being the front runner with the lowest bid of approximately Rs 44 crore, as against the estimated project cost is placed at Rs 57 crore quoted by HUDA. The tender papers mention the project completion time as 12 months.

    Although the NPR is planned as a 150-meter road, initially 42-metre wide stretch would be developed with 25 meters being surfaced and 17 meters being the dividers.

    The road will connect Dwarka to NH-8 at Kherki Dhaula.

    Analysts feel that the NPR region (sectors 99, 101, 103, 106, 109, 111 and 112) will give a stiff competition to other developing areas like the Golf Course Extension Road (or the Southern Peripheral Road), Sohna Road and roads near Manesar, provided the connectivity is completed in time.

    According to Sahel Parmendra, managing director (Markets), Jones Land LaSalle, India: Owing to the litigation and initial project delays, the NPR might take a couple of years more before it actually comes in to existence. However, once functional, the expressway will not only lead to better connectivity between Dwarka and Gurgaon but will also start speculative growth in adjacent areas. Some developers have already launched their commercial and residential projects and the activity levels are slated to go up in future.

    He added, By virtue of being located in the vicinity of well established catchments of Dwarka and Gurgaon, the Dwarka Expressway will emerge as a stiff competitor to existing growth corridors in the NCR. This effect will be more pronounced in Gurgaon due to the proximity and the cost advantage offered by the new development.

    Also, with the Gurgaon-Manesar Master Plan identifying Sectors 114 and 115 as commercial and institutional, respectively, the area around might emerge as a sub-city of its own.

    Ajay Dabas of Certes Realty ltd said that the enhanced supply of land under the Delhi master plan 2021 coupled with the sectors adjoining the NPR would ensure the spiraling prices under check, by speculators. Delhi land currently is much cheaper than the prices in Gurgaon.

    However, Santosh Kumar, CEO (operations), JLL, India said that the builders will have to target the mid-income consumer for high salability of their products. The USP has to be affordable housing to attract enough buyers in the market.

    Comment

    • #3

      #3

      Re : breaking news-NPR

      NPR tender

      Originally posted by psambher View Post
      18 महीने में पूरा करना है निर्माण
      एनबीटी न्यूज ॥ गुड़गांव
      हरियाणा अर्बन डिवेलपमेंट अथॉरिटी (हूडा) की ओर से नॉर्दर्न पेरिफेरल रोड का निर्माण अगले महीने से शुरू कर दिया जाएगा। मंगलवार को एनपीआर की फाइनैंशल बिड खोली गई। संयुक्त रूप से इंडिया बुल और डीएसआर कंस्ट्रक्शन प्राइवेट लिमिटेड को इसका ठेका दिया गया है।
      Thanks sambher for the breaking news which somewhat explains the reason behind the sudden jump of Indiabulls Centrum Park's BSP.

      I hope Indiabulls will complete the stretch asap because they have huge residential and commercial land bank in this area.

      Thanks again

      Comment

      • #4

        #4

        Re : breaking news-NPR

        This is great news for eway investors. Thanks Psambher.

        Comment

        • #5

          #5

          Re : breaking news-NPR

          its good that India bulls have got the contract. due to their strategic interest hopefully the pace of work would be good..




          Originally posted by vinaybhatia View Post
          This is great news for eway investors. Thanks Psambher.

          Comment

          • #6

            #6

            Re : breaking news-NPR

            Good news for investors of that area . Let's hope, everything goes as per schedule .
            Please read IREF rules | FAQ's

            Comment

            • #7

              #7

              Re : breaking news-NPR

              One big step towards New Gurgaon master plan... I hope it would appreaciate prices of Eway properties and for 84-93 sector properties as well...

              Comment

              • #8

                #8

                Re : breaking news-NPR

                I am not surprised by this news..as everyone already knew that tender would go to Indiabulls.

                Comment

                • #9

                  #9

                  Re : breaking news-NPR

                  Touche...

                  Originally posted by Genreal View Post
                  Like we said in our last post, keep an eye on Indiabulls. They'll do their best to secure the tender.

                  On a slightly different note, a few observations might be pertinent at this juncture - Real estate is a cyclical business driven by demand and supply dynamics. Pick up any real estate market across the world and it will reflect an inflation + 200 basis points (2%) kind of a return over any 8 to 10 year cycle. There is no better hedge against inflation!
                  We were the first ones to forecast Indiabulls would take the tender.

                  It makes eminent sense. They have almost 450+ acres that they will immediately re-price (as evident from Sector 103's revised BSP).

                  Comment

                  • #10

                    #10

                    Re : breaking news-NPR

                    Thanks psambher, rsingh72, chopra, amitmm and genreal.

                    The next big news to hit the opponents of Eway would be the pictures of start of construction appearing in newspapers next month onwards (after India or South Africa winning the World Cup)

                    That would escalate the prices to some extent yet again.

                    My question to GenReal: how much appreciation you see in the next 3 months in these projects:

                    1. Landmark (103)-currently at 3350 approx in resale
                    2. Tashee (111)- currently at 3200 approx in resale
                    3. Siddhartha (103)- currently at 3000 approx in resale
                    4. Earth (112)- current price no idea
                    5. Chintels (109)- current price no idea

                    Comment

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