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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

    I looked up some of those villages on google maps.. here is a screenshot for sense of the direction.. exact route is not known to me.

    Click image for larger version

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    Originally posted by eyeopener View Post
    Does anyone know about the route of the highway for which the land acquisition notice is served last year. Is this highway somehow connects Dwarka (delhi) to Bhiwadi (Rajasthan).

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

      Originally posted by varundhamija View Post
      I looked up some of those villages on google maps.. here is a screenshot for sense of the direction.. exact route is not known to me.

      [ATTACH]47301[/ATTACH]
      That means this Highway road will start nearby Najjafgarh drain.
      Last edited by sunnyj; March 27 2014, 10:59 PM.

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

        Work speeds up on DWARKA EXPRESSWAY

        article from today's TOI Property section .... seems rehashed news, but all the same it's a good revision

        __________________________________________________ ___________________________

        Resumption of work on the much-delayed Dwarka Expressway is good news for the thousands of end users and investors on the expressway, says PRABHAKAR SINHA


        Dwarka Expressway has emerged as one of the most sought-after real estate destinations in the National Capital Region (NCR).
        The expressway was scheduled to be completed by March 2012, but owing to land acquisition issues, among others, the whole project was delayed.
        The developers who are implementing projects here played an important role in expediting the whole process and ensuring that the expressway is completed as soon as possible. This will also pave the way in completing the construction of their respective projects.
        The expressway will bring Delhi and Gurgaon closer. It will also ease the traffic problems on NH-8 and connectivity will become smoother and faster. The distance to the IGI airport will reduce considerably from Gurgaon. Another positive development is that the toll for commuters between Delhi and Gurgaon has been discontinued. This will further reduce travel time between the Millennium City and the national capital.
        Because of the delay in the acquisition of the land, the contractor of the expressway, India Bulls, demanded compensation. As it was the responsibility of the Haryana government to acquire the land and give it to the contractor on time, the loss due to the delay in handing over the land was also to be compensated by the state government.
        But as this settlement could have led to more delay, the developers on Dwarka Expressway, under the Confederation of Real Estate Developers Associations' of India, Gurgaon chapter, pooled money among themselves to compensate the contractor.
        The state government too has taken steps to remove the hurdles in acquiring the land for the construction of the expressway. One report said the land acquisition will be completed by the end of this month.
        A spokesman of the land acquisition department of Huda says that while land for most of the 18km stretch of the 150-metre-wide road has been acquired, 4km is under a stay order from court. Construction of the 14km-long stretch of the proposed road is already complete.
        There are only four small stretches where the construction has not been completed. Out of this, the land in the two stretches belongs to the public utility departments. According to the detailed map of the road, 800 metres has been handed over to the Indian Railways for construction of a rail over-bridge-Huda has already paid the railways Rs 38 crore in advance for this project. Besides this, land for 700 metres road is under various Huda utilities like HT pillars and water works which Huda is in the process of shifting. According to a source, the shifting work will be completed soon.
        Land for the balance 2.5km of the road is under a stay-order from the high court, which directed the state government not to disturb any possession till the writ petitions are settled.
        Even so, the acquisition proceedings have not been stayed in totality. All the issues have been settled except with those who have houses there and are bargaining for better compensation. To sort out the issue related to the 2.5km stretch, Huda announced a rehabilitation policy on September 30, 2013. According to the policy, people with built-up homes or structures are being offered alternative plots in Sectors 110 A and 37C. The plots on offer are of almost the same size as the plots being taken over.
        Huda has already acquired 145 acres in the two sectors for this purpose.
        However, only 15 acres will
        be required to re-settle the petitioners. On the Delhi side of the exp re s s - w ay, the acquisition of the land is almost complete. More than 33,000 houses are under construction on Dwarka Expressway-the completion of the expressway will open the doors for many more. The principal developers on Dwarka Expressway include BPTP, Ramprastha, Indiabulls, ATS, Puri Construction, Assotech, Uppals, Raheja, Sobha, Chintels, among others.

        QUICK
        BITES

        DWARKA EXPRESSWAY WILL ALSO EASE THE TRAFFIC PROBLEMS ON NH-8 AND CONNECTIVITY WILL BECOME SMOOTHER AND FASTER; ALSO, THE DISTANCE TO THE IGI AIRPORT WILL REDUCE CONSIDERABLY FROM GURGAON
        THE STATE GOVERNMENT TOO HAS TAKEN STEPS TO REMOVE THE HURDLES IN ACQUIRING THE LAND FOR THE CONSTRUCTION OF THE EXPRESSWAY

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

          Wahi bakr bakr...nothing new.

          Thanks anyways my friend for sharing it, this atleast shows that govt. is taking it as a issue.

          Comment


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

            Pl. advice

            I am sorry to publish in the thread.

            Need your opinion on my calculation..

            Just spoke to some genuine dealer in GGN and they suggested that this is most suitable time to go for investment is u have liquidity. One should have following strategy.

            1. Invest good PLP
            2. Buy more square feet
            3. Pay not more than 20-25% in next 12-18 month
            4. Rest payment should be on possession
            5. Buy property with good builder and location should also be considered

            I screen out Indiabull Centrum Park, sector 103
            1. 2 BHK 1423 sqft and
            2. Flat 25% cost comes around 20 lakh &
            3. Payment can be negotiated to 12 months
            4. Buying price 5 K /BSP
            5. Possession not before 3 years
            6. Some towers are ready for possession in next one year
            7. NOT VERY GOOD LOCATION

            If I have 65-75 lakh that means I can buy 4 flat ie 1420*4= 5680 sqft.

            1. In 3 years - DEW should be functional
            2. Most of towers should be habituated by then
            3. Nearby facilities should be in place
            4. 70 mtrs road should be in place
            5. My approximately calculation if it appreciate 2.5-3 K, one can earn (5680*3000=17000000 INR)

            Pl. throw your opinion / critic on above calculation.

            Comment


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

              Originally posted by rpsingh1 View Post
              I am sorry to publish in the thread.

              Need your opinion on my calculation..

              Just spoke to some genuine dealer in GGN and they suggested that this is most suitable time to go for investment is u have liquidity. One should have following strategy.

              1. Invest good PLP
              2. Buy more square feet
              3. Pay not more than 20-25% in next 12-18 month
              4. Rest payment should be on possession
              5. Buy property with good builder and location should also be considered

              I screen out Indiabull Centrum Park, sector 103
              1. 2 BHK 1423 sqft and
              2. Flat 25% cost comes around 20 lakh &
              3. Payment can be negotiated to 12 months
              4. Buying price 5 K /BSP
              5. Possession not before 3 years
              6. Some towers are ready for possession in next one year
              7. NOT VERY GOOD LOCATION

              If I have 65-75 lakh that means I can buy 4 flat ie 1420*4= 5680 sqft.

              1. In 3 years - DEW should be functional
              2. Most of towers should be habituated by then
              3. Nearby facilities should be in place
              4. 70 mtrs road should be in place
              5. My approximately calculation if it appreciate 2.5-3 K, one can earn (5680*3000=17000000 INR)

              Pl. throw your opinion / critic on above calculation.
              Good calculation, but one think i noticed in conjunction to this is, many builders are selling on "Offer to Possession" rather than "On Possession". Are both the things same?

              Comment


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

                If you take 'rest pay on possession' plan , i believe you won't be able to sell it till the time you get the posession. Also at the time of posession the huge amount can be troublesome as compared to started now in a Contruction linked plan(CLP).

                Please pardon if i ignored any other facts about the payment plans..senior members may be able to throw more light in this matter.

                Comment


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

                  Does the builder eats up your bank loan eligibility?

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

                    Technically that would be subvention which involves Bank loan , PLP is purely deferred payment plan by the builder

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

                      Good question

                      I checked with them and found that there is no locking period for selling. Once, again, will cross check with them.

                      Appreciate, it's good question to evaluate..

                      Originally posted by Harmits View Post
                      If you take 'rest pay on possession' plan , i believe you won't be able to sell it till the time you get the posession. Also at the time of posession the huge amount can be troublesome as compared to started now in a Contruction linked plan(CLP).

                      Please pardon if i ignored any other facts about the payment plans..senior members may be able to throw more light in this matter.

                      Comment

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