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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

    Whilst one always takes the newspaper reports with a pinch of salt, as they could be quite biased...but after a very long time has full page been devoted to DEW, and not by TOI/HT etc, but by Magicbricks to report the onground truth!! This is being touted as one of the major growth corridors despite the doom and gloom forecast, and as per them the prices have almost bottomed out!!
    From what I have seen actually there today for some of the projects, there are lots of people coming to this area to finalise property, and some builders have hiked up their prices in the last 2-3 days or not giving the earlier discounts anymore.

    Comment


    • ggnhomeowner
      ggnhomeowner commented
      Editing a comment
      Lol....that will not even cover the cost of construction and land!!
      Construction costs of A grade apartment complexes are about 1800-2500psf. The FSI is around 2500 in far flung areas.
      Even assuming a 25% drop in land prices, it will not come down to the level that you want.

      Btw there are plenty of projects available in the 3500 range even now, but don't expect the bells and whistles in these projects.

      Not sure which city you live in, but in Gurgaon, there are plenty of apartment complexes that defy pricing because the people want to live there, irrespective of the cost of the construction, and are willing to pay the price tags for it.

      Too many corporates moving in, and more coming in.

      I think it was in today's newpaper as well, that Hyundai has just bought a place to shift their main sales and marketing office from Delhi to Gurgaon!!! This is despite all the negative view of the infrastructure etc and the traffic jams. Surely they are seeing long term value in shifting here. And with this they will be bringing more jobs here!!

    • kundkuma
      kundkuma commented
      Editing a comment
      here my comment is no dwarka exp properties...not on overall gurgaon. No doudt they will command premium but all properties but selected ones only

    • ggnhomeowner
      ggnhomeowner commented
      Editing a comment
      Not sure about what you are trying to put across...cannot understand the sentence.

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

    Originally posted by ggnhomeowner View Post
    Whilst one always takes the newspaper reports with a pinch of salt, as they could be quite biased...but after a very long time has full page been devoted to DEW, and not by TOI/HT etc, but by Magicbricks to report the onground truth!! This is being touted as one of the major growth corridors despite the doom and gloom forecast, and as per them the prices have almost bottomed out!!
    From what I have seen actually there today for some of the projects, there are lots of people coming to this area to finalise property, and some builders have hiked up their prices in the last 2-3 days or not giving the earlier discounts anymore.
    DEW will fall more before it can revive, but i agree on one thing ---if there is any money to be made in Delhi NCR micro market.....DEW is the best option.....though one will have to wait.

    Comment


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

      Originally posted by satham View Post

      DEW will fall more before it can revive, but i agree on one thing ---if there is any money to be made in Delhi NCR micro market.....DEW is the best option.....though one will have to wait.

      Had been to this place on the weekend to check the things on the ground.
      I held something here earlier, which I did sell at a loss, but that was only to free up the liquidity, since I had put in a large amount of own capital rather than using bank financing.
      Had been looking at GCX or DEW for buying again. A few shortlisted in both places.
      With this demonitisation, might be able to get good A grade projects at a reasonable price.
      The substandard delayed projects won't even touch.



      Comment


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

        The positive effects of the Demonitisation could be that LAND PRICES will fall. And hence Circle Rates will have to fall too.

        When Land is being Acquired for Public Purpose by the GOVT, the payout is in multiple of Circle Rate.

        Hence, People who are not willing to give up land fighting in Courts for Higher compensation or Alternate Plots, may be better off surrendering land now at old Circle Rate, rather

        than Wait for a Court decision and then see fall in Land Value.

        What say Mr. ultichakri ....... Modiji ne aap logon ki Hawa Nikaal di...............

        Comment


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

          Originally posted by RAMRATAN74 View Post
          The positive effects of the Demonitisation could be that LAND PRICES will fall. And hence Circle Rates will have to fall too.

          When Land is being Acquired for Public Purpose by the GOVT, the payout is in multiple of Circle Rate.

          Hence, People who are not willing to give up land fighting in Courts for Higher compensation or Alternate Plots, may be better off surrendering land now at old Circle Rate, rather

          than Wait for a Court decision and then see fall in Land Value.

          What say Mr. ultichakri ....... Modiji ne aap logon ki Hawa Nikaal di...............

          You stole the thunder...I had the same thoughts last night!!!
          That if the oustees don't take now, and the land prices fall, they will be left high and dry!!!

          Comment


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

            Originally posted by RAMRATAN74 View Post
            The positive effects of the Demonitisation could be that LAND PRICES will fall. And hence Circle Rates will have to fall too.

            When Land is being Acquired for Public Purpose by the GOVT, the payout is in multiple of Circle Rate.

            Hence, People who are not willing to give up land fighting in Courts for Higher compensation or Alternate Plots, may be better off surrendering land now at old Circle Rate, rather

            than Wait for a Court decision and then see fall in Land Value.

            What say Mr. ultichakri ....... Modiji ne aap logon ki Hawa Nikaal di...............

            That doesn't make any difference since land owners would left at-least with land and who cares if prices fall to 30% of 50% if don't intend to sell it out. The problem would be to those kept hard cash in form of 500 and 1000 Rs, hence no issue at all as far as demonetization of currency is concerned.

            In two another case contempt notices has been issued to concerned officials and in one of case 3 hearings has already been done on urgent basis. 110a land HUDA is not able to acquire and possession is still with the land owners.

            सुना है की समन्दर को बहुत गुमान आया है,,.
            उधर ही ले चलो कश्ती जिधर तूफ़ान आया है.,.!!!

            Sab 99 ka fer hain............

            Comment


            • RAMRATAN74
              RAMRATAN74 commented
              Editing a comment
              Essentially. Baat ZIDD Ki Hai. And agar ZIDD hai, toh phir Duniya ka koi Court Aapko Faisla Nahin De Sakta hai.

              Congress ne CONSENT Clause New Land Act mein Aap Jaison ke liye hee Insert kiya hai.

              Toh Phir Mazze Kijiye.

              Naa koi Aap se Zameen Le Sakta Hai... and Naa yeh DEW Complete hoga.

              Apni Marne Tak isse Mat Chodhna and Issi Mitti Mein Dafan Ho Jana.


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

            No news is not good news.. 'Seniors' please share some light on the new updates please...The forum is dead for last few days/weeks now...

            Comment


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



              delhi connectivity
              NEW DELHI: Giving a fresh push to the ambitious third Ring Road project, Delhi Development Authority on Wednesday approved the road alignment of a small section, which has been stuck for years.

              Comment


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

                ET REALTY : Take on Residential Property Prices correcting by up to Rs 8 Lakh Crore. Across Major Cities of India due to Elimination of Black Money.

                Another Important Element :

                Land acquisition quite often involved a significant portion of black money. Thus it is expected that land prices would fall gradually which would thereby bring down unit prices. It will ultimately benefit the end user and expectantly improve sales velocity and at the same time address the affordability issue the sector has been facing.

                Hence, DEW Residential Property Owners can breathe Easy. The Land Given up by Villagers Willingly during the last Draw are lucky people.

                Those who didn't Give Up Land will stare at Loss of Value.

                And finally Those who own Residential Property for Investment have to write down the Value of property as well.

                All in All, Its everyone loses Something.

                Least the Land Owners can do now is act fast and get HUDA PLOTS / LAND Compensation as per R & R Policy.

                And Save the Value of Land. Is someone Listening? Mr. RISHI RAJ PAL RANA plans to milk the Builders have gone awry.


                Comment


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

                  it's been a while I have logged into this thread - aug, sep, oct, nov - four full months gone - has the outstees have got their plots ??????

                  Comment


                  • Whistle Blower
                    Whistle Blower commented
                    Editing a comment
                    even i logged in today after long while, well seems like this forumn died due to hideous layout and no effort from moderators to ease things out..
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