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NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

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NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

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  • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

    Originally posted by kamkish View Post
    What is Mr. Rana aiming to achieve in view of the fact that whatever land has been marked for acquisition or already acquired for NPR can not be reversed.

    What ever the politicians aim or not it is the impact on NPR that we need to consider .
    Nothing Surprises Me

    Comment


    • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

      Are you still wary of investing in Dwarka Expressway?
      Mar 2, 2014, 10:00AM IST

      Article
      Read More:dwarka expresswayHUDAreal estate Delhi NCR




      Haryana Urban Development Authority’s allotment of alternate plots to over 200 house owners whose property was coming in the way of Dwarka Expressway has bought the focus back to the stretch’s contention as a potential investment option.

      Almost three years back in 2011, the ambitious project of Dwarka Expressway was launched to act as a connecting road between Gurgaon and New Delhi. However, soon after it was launched, it got stuck in litigation.

      Citing the future potential of the stretch, several people both buyers as well as the developers had invested huge sums of money here. They had pinned their hopes to garner a good return in the future. But to their dismay, the project did not takeoff as expected and soon turned out be a nightmare for all.

      However, now with the HUDA making efforts to clear the hurdle by allotting alternate plots to those who had their houses coming in the way of the expressway will the investors come back?

      Well, as per a recent poll conducted by , the answer seems to be a yes. Nearly 48 per cent of the respondents seemed positive about investing along Dwarka Expressway now that a step has been taken towards removing the major hurdle.

      As per data with , the location has witnessed a rise of nearly 56 per cent in capital value of residential projects in the last two years clearing indicating the investment potential of the zone. This probably is the reason why investors and buyers are showing interest now that the litigation might soon be resolved. Those who had invested two-three years back would now reap the benefits. An apartment that was worth around Rs 32 lakh in 2011 is now valued at Rs 50 lakh. With this new development, property prices would only rise further.

      While out of the 48 per cent, nearly 32 per cent of the respondents were certain that they would want to invest. However, about 16 per cent said that they may think of investing now.

      However, there is still a large chunk of buyers whom the decision by HUDA definitely does not seem to appease or encourage. Almost 43 per cent of the respondents still seemed to be wary about investing in projects along the expressway. This may be attributed to the fact that even though construction activity is now expected to resume, infrastructure deficit in the zone is still a concern. For the end users, capital appreciation is not enough.

      Some of the respondents who took the poll were those who had already invested here.

      Thus, it is amply clear that a lot still needs to be done in order to bring back the lost sheen of the stretch. The buyers and investors are of course optimistic. However, we would have to wait and watch how long it would now take to resolve the issue completely.

      Comment


      • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

        Vb
        Times of india

        Comment


        • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

          Originally posted by VB_States
          Source ?
          TOI / Magic Bricks - Mar 2 , 2014

          http://content./industry-news/delhi-...-mb-whitelabel
          Last edited by mandrake; March 3 2014, 03:38 AM.

          Comment


          • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

            NPR (Northern Peripheral Road)/ Dwarka Expressway updates

            Where us IREO land in Gurgaon please ?

            http://economictimes.indiatimes.com/...w/31010179.cms
            Nothing Surprises Me

            Comment


            • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

              Originally posted by VB_States
              Link not working. Pls assist.
              Seems IREF is censoring m.a.g.i.c.b.r.i.c.k.s part of the link.

              Just goto TOI website -> Real Estate : Delhi NCR : "Are you still wary of investing in Dwarka Expressway?"
              Last edited by mandrake; March 3 2014, 03:45 AM.

              Comment


              • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

                प्लॉटों की ओनरशिप की जांच जारी

                नवभारत टाइम्स | Mar 3, 2014, 01.51AM IST




                गुड़गांव
                नॉदर्न पेरिफेरल रोड (एनपीआर ) समेत अन्य प्रॉजेक्टों के बीच आ रहे प्लॉटों के दस्तावेज चेक करने की कार्रवाई चल रही है। अब तक करीब 300 लोगों के प्लॉट के दस्तावेज चेक हो चुके हैं। दस्तावेज में विभाग चेक कर रहा है कि प्रशासन के रेकॉर्ड में आखिर उस प्लॉट का असल मालिक कौन है। अभी 3200 प्लॉट के दस्तावेज चेक होने बाकी है। तहसीलदार ऑफिस में इन प्लॉट के दस्तावेज की जांच की जा रही है। जनवरी में इन सभी लोगों ने अपने दस्तावेज विभाग के पास जमा कराए थे।

                बता दें कि हरियाणा अर्बन डिवेलपमेंट अथॉरिटी (हूडा) ने एनपीआर समेत अन्य प्रॉजेक्टों के लिए कई स्थानों पर जमीन अधिग्रहीत की है। अधिग्रहीत की गई जमीन में कुछ जमीन पर स्टे चल रहा है। इस जमीन पर कुछ लोगों ने प्लॉट खरीदे हुए हैं। अवैध रूप से यहां खरीदे गए प्लॉट की रजिस्ट्री नहीं हो सकी। लोगों ने बिना रजिस्ट्री के सेल एग्रीमेंट, एसपीए (स्पेशल पावर ऑफ अटॉर्नी), जीपीए (जनरल पावर ऑफ अटॉर्नी) पर ये प्लॉट खरीदे हुए हैं।

                अब हूडा को अपने प्रोजेक्ट पूरे करने के लिए यह जमीन चाहिए। इसके बदले में हूडा प्लॉट के मालिक को मुआवजा व दूसरे स्थान पर प्लॉट और प्लॉट पर मकान बनाने के लिए राशि देगा। फिलहाल इन प्लॉटों में मकान बनाकर रह रहे लोग दस्तावेजों में असल मालिक नहीं है। इन्हें न मुआवजा और न ही बदले का प्लॉट मिलेगा। ऐसे में इन लोगों के लिए काफी मुसीबत आ गई है। करीब 3500 लोगों को विभाग की ओर से प्लॉट दिए जाने हैं। इन लोगों ने अपने दस्तावेज विभाग के पास जमा कराए गए हैं, जिनकी जांच की जा रही है। जांच पूरी होने के बाद विभाग फाइनल लिस्ट तैयार करेगा कि इन लोगों को प्लॉट देने हैं।
                Last edited by Khalsa; March 3 2014, 08:34 AM.

                Comment


                • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

                  IN MAGICBRICKS TODAY
                  Haryana Urban Development Authority’s allotment of alternate plots to over 200 house owners whose property was coming in the way of Dwarka Expressway has bought the focus back to the stretch’s contention as a potential investment option.
                  Almost three years back in 2011, the ambitious project of Dwarka Expressway was launched to act as a connecting road between Gurgaon and New Delhi. However, soon after it was launched, it got stuck in litigation.
                  Citing the future potential of the stretch, several people both buyers as well as the developers had invested huge sums of money here. They had pinned their hopes to garner a good return in the future. But to their dismay, the project did not takeoff as expected and soon turned out be a nightmare for all.
                  However, now with the HUDA making efforts to clear the hurdle by allotting alternate plots to those who had their houses coming in the way of the expressway will the investors come back?
                  Well, as per a recent poll conducted by , the answer seems to be a yes. Nearly 48 per cent of the respondents seemed positive about investing along Dwarka Expressway now that a step has been taken towards removing the major hurdle.
                  As per data with , the location has witnessed a rise of nearly 56 per cent in capital value of residential projects in the last two years clearing indicating the investment potential of the zone. This probably is the reason why investors and buyers are showing interest now that the litigation might soon be resolved. Those who had invested two-three years back would now reap the benefits. An apartment that was worth around Rs 32 lakh in 2011 is now valued at Rs 50 lakh. With this new development, property prices would only rise further.
                  While out of the 48 per cent, nearly 32 per cent of the respondents were certain that they would want to invest. However, about 16 per cent said that they may think of investing now.
                  However, there is still a large chunk of buyers whom the decision by HUDA definitely does not seem to appease or encourage. Almost 43 per cent of the respondents still seemed to be wary about investing in projects along the expressway. This may be attributed to the fact that even though construction activity is now expected to resume, infrastructure deficit in the zone is still a concern. For the end users, capital appreciation is not enough.
                  Some of the respondents who took the poll were those who had already invested here.
                  Thus, it is amply clear that a lot still needs to be done in order to bring back the lost sheen of the stretch. The buyers and investors are of course optimistic. However, we would have to wait and watch how long it would now take to resolve the issue completely.

                  Comment


                  • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

                    Originally posted by kamkish View Post
                    What is Mr. Rana aiming to achieve in view of the fact that whatever land has been marked for acquisition or already acquired for NPR can not be reversed.
                    I understand from TOI and Navbharat times articles that HUDA is in the process of checking documents and alloting alternate plots to NPV residents. Assuming that's happening, what's the protest about now? Is this by people who did not hold authorized, registered plot and may not get these alternate plots? Or people who are being given alternate plots are still not okay with the solution proposed and plots they're being alloted?

                    Comment


                    • Re : NPR - Northern Peripheral Road, Dwarka Expressway, Gurgaon Updates

                      DEW will get operational maybe in another 2 years.

                      The RE market the associated dilemmas alongwith advisory platitudes has ensured that common man will burn the fingers while the smarter investors will benefit no matter what the time is (just like stock market)

                      Therfore it is prudent to put money in Residential units for end users after registry of the unit has haapened.

                      Originally posted by Arseman View Post
                      Sorry for Late response.

                      Well i went to see the site in sector 102 Emaar Gurgaon Greens as i bought a flat last week in that project and went with the dealer.

                      We went from rajiv chouk to inner old gurgaon and taken a bridge at end, directly entered basai road which crosses in between of DEW. Bang opposite to me was Concient Heritage max and just behind it was emaar gurgaon greens, further i went just behind gurgaon greens and taken a right turn on a very wide road i guess 75 mtr wide, which will run parallel to DEW. It was awesome and was looking great. saw projects imperial gardens, era, Ansal estella, Then connected to DEW again. Pics are from the patch 102 till the factory which is under demolition.

                      It will take 3 to 6 years time till full infrastructure will develop here. DEW will be one of the best once its livable.

                      I went further inside till sector 107 and crossed the drain, ran trough a very small tiny road surrounded by trees (Feels like Kerela Backwaters) and finally connected to palam and dwarka and went back home

                      Comment

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