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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 samggn View Post

    You definitely have no clue about what is where then!
    Are you even aware where this flyover is?
    Are you even aware what connectivity this flyover is bringing?

    The kutcha roads are being carpetted, and should be ready soon.
    Tower structures in the background are coming up for possession. You can't see all the towers and projects which are complete in this picture.
    Perhaps you are not aware of the commercial areas along the D-expway where residential structures are not permitted. From what little I know, most of the developers are waiting for this to start launching the commercial projects, which they will construct rapidly.
    Expect a lot of people to start moving into the delivered projects soon.

    Btw, have you seen the sectors close to Delhi border....did you know that construction of the malls has already reached the 3rd floor, and they will be ready by the end of the year. All things are falling into place finally, but yet you choose to ignore them.

    People will not go to Neharpar anymore, no matter how much you try to convince them that this area is just a barren piece of wasteland, because once they go here themselves they will see a lot more things than what can be seen in this pic. Lots of people from Delhi coming to the sectors closer to Delhi. I have 6-7 friends who have bought apartments here in the last 2-3 months. Now their friends and families are looking for apartments here as well. And you still want to cling on to someplace that is 35-40kms away.

    Perhaps you are also not aware that its only 6 lane now, the area on the sides is kept for expanding it to 16 lanes, plus green belt plus service lane.

    Have a look at Sector 110A or 37C where the oustees have to be given plots. When the Government wants, rapid development is possible. Entire sector has been levelled, and internal road work preliminary work completed in just a matter of 2-3 months. Even DLF or Unitech could not develop their plotted colonies so fast.
    ok lets see this develop I for one will be chuffed if the dew develops and becomes like theStrip in Las Vegas with obviously some differences
    But lets see I said 2019 and I am awaiting to see what this term of govt does
    Lets see fingers crossed

    ps thanks for the pics

    Comment


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

      Originally posted by Khalsa View Post
      Rohit_warren,
      See below for you,how beautiful it looks. I know still you will have your spin.(
      dillee door nahin hai bhai.
      One query, with opening of this what stretch we are looking at that will be completed. I mean start to end.... what all points it will provide connectivity.
      Also do you/anyone reading have info about KD connectivity.
      Last edited by pointer; May 17 2017, 01:03 AM.

      Comment


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

        Originally posted by Rohit1975 View Post

        ok lets see this develop I for one will be chuffed if the dew develops and becomes like theStrip in Las Vegas with obviously some differences
        But lets see I said 2019 and I am awaiting to see what this term of govt does
        Lets see fingers crossed

        ps thanks for the pics
        One a naysayer and other a nay-prayer...ha ha
        docile puppy ❤️

        Comment


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

          back of envelope calculations

          avg 2 bhk price - 60 lakhs
          loan availed avg - 48 lakhs
          emi per year - almost 5 lakhs (on the lower side)
          projects delayed at least 5 years
          interest paid = 4x5 = 20 lakhs
          rent paid = 20x12x5 = 12 lakhs
          shifting expenses atleast thrice in five years = 30000 + 20000 x 3 = 150000
          total 33.5 lakhs
          Mental agony priceless


          total cost of the unit has already increased to 60 + 33.5 = 93.5 lakhs almost one Crore

          Well that means almost 10000 per sq ft may be higher if calculated on carpet area

          Government pushing hard on small units now so the buyers of bigger units have gone down a lot - if things don't improve in coming two years the cost of the unit will go up by
          another 25% which means 1.25 crores almost

          This is going to be head I lose tail you win situation for the buyers

          Now talk about the factors why d eway will not be complete for a long time

          Builders have collected almost 80-90 % in all projects and they have diverted money elsewhere
          Bankers are happy collecting pre emi (interest only) on the loan amount
          Babus are happy not doing any work and taking home fat pay package and nazrana from above two
          Brokers are happy by reselling properties as distress sale and keeping nice tanka on the deal
          Political policy markers enjoying their majority in the government and since there is no threat to kurchi they are least concerned about what is going on the ground
          The Delhi side of d eway stuck in political war between two different political parties
          A large part of haryana side still stuck in legal battle and those guys are so persistent that they find one or the other way to keep the case going on and on

          Given the above situation there is hardly any incentive for the builders bankers babus brokers and political policy makers to finish the d eway

          Comment


          • NewBee2015
            NewBee2015 commented
            Editing a comment
            These are the hard facts and no one can deny this assessment. Please keep writing these type of post not garbage👏😃👏

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

          Originally posted by rohit_warren View Post
          back of envelope calculations

          avg 2 bhk price - 60 lakhs
          loan availed avg - 48 lakhs
          emi per year - almost 5 lakhs (on the lower side)
          projects delayed at least 5 years
          interest paid = 4x5 = 20 lakhs
          rent paid = 20x12x5 = 12 lakhs
          shifting expenses atleast thrice in five years = 30000 + 20000 x 3 = 150000
          total 33.5 lakhs
          Mental agony priceless
          Cant deny these facts...

          Comment


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

            Originally posted by rohit_warren View Post
            back of envelope calculations

            avg 2 bhk price - 60 lakhs
            loan availed avg - 48 lakhs
            emi per year - almost 5 lakhs (on the lower side)
            projects delayed at least 5 years
            interest paid = 4x5 = 20 lakhs
            rent paid = 20x12x5 = 12 lakhs
            shifting expenses atleast thrice in five years = 30000 + 20000 x 3 = 150000
            total 33.5 lakhs
            Mental agony priceless


            total cost of the unit has already increased to 60 + 33.5 = 93.5 lakhs almost one Crore

            Well that means almost 10000 per sq ft may be higher if calculated on carpet area

            Government pushing hard on small units now so the buyers of bigger units have gone down a lot - if things don't improve in coming two years the cost of the unit will go up by
            another 25% which means 1.25 crores almost

            This is going to be head I lose tail you win situation for the buyers

            Now talk about the factors why d eway will not be complete for a long time

            Builders have collected almost 80-90 % in all projects and they have diverted money elsewhere
            Bankers are happy collecting pre emi (interest only) on the loan amount
            Babus are happy not doing any work and taking home fat pay package and nazrana from above two
            Brokers are happy by reselling properties as distress sale and keeping nice tanka on the deal
            Political policy markers enjoying their majority in the government and since there is no threat to kurchi they are least concerned about what is going on the ground
            The Delhi side of d eway stuck in political war between two different political parties
            A large part of haryana side still stuck in legal battle and those guys are so persistent that they find one or the other way to keep the case going on and on

            Given the above situation there is hardly any incentive for the builders bankers babus brokers and political policy makers to finish the d eway
            You have very wrong basic assumptions. If you have bought in CLP, then how does the EMI become the same from starting date. Reduce the interest paid by half.
            Only some projects are delayed, not all. There are projects being delivered almost on time as well...delay of say 0-6 months.
            Not sure how/why you are calculating shifting so many times!
            There is no mental agony if the builder has been okay.

            Government may be pushing hard for smaller units, but if the people want to stay in larger houses, then they will stay in larger houses. Already there are all types of apartments and villas available, large as well as small. That's individual choice. I have no interest in living in cramped up projects in small apartments, else would have gone to Noida instead of Gurgaon.

            Now for the real eye opener for you-
            Builders are racing to complete the projects, lest they have to pay huge penalties.
            Bankers collecting EMI, not just pre-emi. Depends on the payment plans.
            Babus are working overtime...see the pace of development in the last few months.
            Brokers/mediators will always make money in any sphere, not just here. Here its important to get the right one who is not keeping a margin.
            Political policy makers are facing the heat. And they also know that they can make huge money if they finish this quickly.
            The Delhi side is no longer stuck, you are not aware of the latest developments again.
            I don't understand how you say a large part of Haryana side is still stuck in legal battle. Just a few hundred meters remains to be constructed, and there too road is getting constructed in Oct, once the 6 months period for vacating the houses is complete.

            There is a huge incentive for the builders, bankers, babus and political parties to finish the DEW since a lot more projects are coming up where they will rake in a lot of money.









            Comment


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

              Originally posted by pointer View Post

              One query, with opening of this what stretch we are looking at that will be completed. I mean start to end.... what all points it will provide connectivity.
              Also do you/anyone reading have info about KD connectivity.
              What you see in the back ground is New Gurgaon. With this stretch now complete, people from Dwarka need not come to NH8 to go to Manesar anymore.

              Comment


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

                Originally posted by rohit_warren View Post

                I hate to say this but naharpar is still 5 years ahead of d eway projects and infra
                and the 20000 families I was talking about only limited to the 50 odd projects there and does not include the gaon walas or old population of villages
                Those sectors you are talking about have been included in the sector layout so the old residents have become part of those sector's population.
                moreover you have answered the biggest question why the development has been delayed - Because of the vested interest - Yes and nothing has changed till date.
                If someone is using rob without proper opening they are trespassing and may be prosecuted by the authorities because till railways give it safety certificate the use of rob is illegal.

                The projects of d eway are in pathetic state with no drainage no public transport no basic infra - it's going to take long time
                You definitely do not have any idea about the infrastructure that is already in place. Drainage etc is already there. You should see the ones that they laid down in front of our project. All along the roads drains etc already made. Water lines already laid. Public transport is available.
                The vested interests have been told that they can't hold up the development anymore. That's why so much is happening.
                The people don't care about politicians coming and opening. Its happened many times before. If the safety certificate wasn't in place, then they wouldn't have put the black top on the flyover! Cars weigh a lot less than road rollers.

                Comment


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

                  Originally posted by samggn View Post

                  You definitely do not have any idea about the infrastructure that is already in place. Drainage etc is already there. You should see the ones that they laid down in front of our project. All along the roads drains etc already made. Water lines already laid. Public transport is available.
                  The vested interests have been told that they can't hold up the development anymore. That's why so much is happening.
                  The people don't care about politicians coming and opening. Its happened many times before. If the safety certificate wasn't in place, then they wouldn't have put the black top on the flyover! Cars weigh a lot less than road rollers.
                  Just saying that I have no idea does not makes you right about the terminally ill condition of d eway
                  I have been right for last five years and I don't see your assumption coming true that d eway will be complete by oct this year.
                  Just saying someone is wrong does not make anyone right
                  open your eyes and realise the reality

                  Comment


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

                    Originally posted by rohit_warren View Post

                    Just saying that I have no idea does not makes you right about the terminally ill condition of d eway
                    I have been right for last five years and I don't see your assumption coming true that d eway will be complete by oct this year.
                    Just saying someone is wrong does not make anyone right
                    open your eyes and realise the reality
                    You have a point. The overall gloomy RE market is going to affect the completetion pace of dwarka eway too. First demonetization and now tech job losses, RE is going bad to worse... Gurgaon, traditionally an investor-driven market, saw sales in the March quarter drop to the lowest in the last five quarters. Scary...

                    http://www.financialexpress.com/econ...l-wary/634809/

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