A lot of companies are advertising for property citing nearness to Dwarka expressway corridor.

Shilas, Indiabulls Centrum Park and Ramprastha Edge Tower come to mind.

Does anybody have news on when this construction will start and when it is likely to finish? Has the contract been awarded and to whom?
Date of completion and start of operation will be vital news for evaluating the pricing of flats sold in this corridor.

Last I heard was that a few houses in Palam Vihar were slated for demolition for this expressway in May June 09 or thereabouts.
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  • I agree that DEway may be a good place to live 8-10 years down the line.

    But the only problem is that the present price discounts too many things too soon.
    Investors outnumber end users by a huge margin on DEway.

    There is a lot of supply in the pipeline and how many service class people can afford such prices is a big question mark. ( Sales are down by almost 40% in Gurgaon)

    Moreover end users on Deway should prepare themselves to pay EMI+rent for a long time to come.
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  • Originally Posted by manu
    I agree that DEway may be a good place to live 8-10 years down the line.

    But the only problem is that the present price discounts too many things too soon.
    Investors outnumber end users by a huge margin on DEway.

    There is a lot of supply in the pipeline and how many service class people can afford such prices is a big question mark. ( Sales are down by almost 40% in Gurgaon)

    Moreover end users on Deway should prepare themselves to pay EMI+rent for a long time to come.



    Q: Any substantial source to coroborate , the statements in bold , in your post ? or is it another one like:

    "47.234% statistics are made run time"

    Cheers!
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  • Originally Posted by NewKidInTown
    Q: Any substantial source to coroborate , the statements in bold , in your post ? or is it another one like:

    "47.234% statistics are made run time"

    Cheers!


    Home sales more than halve in NCR, Mumbai: Study - The Economic Times

    For the other one no authentic data is available.
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  • Originally Posted by manu
    Home sales more than halve in NCR, Mumbai: Study - The Economic Times

    For the other one no authentic data available.


    अच्छा तरीका है कंपनी का फ्री में मशहूरी करने का, मस्त डाटा जरी किया है Propequity ने ... इसका मतलब तो यही हुआ की जो अपार्टमेन्ट 5000/- BSP पर मिल रहा था वह अब 4000/-BSP पर मिल रहा है...


    Propequity अगर बिल्डर का नाम भी लिख देता तो बहुत से नए ग्राहकों का का भला हो जाता

    :bab (48):
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  • Originally Posted by Designer
    अच्छा तरीका है कंपनी का फ्री में मशहूरी करने का, मस्त डाटा जरी किया है Propequity ने ... इसका मतलब तो यही हुआ की जो अपार्टमेन्ट 5000/- BSP पर मिल रहा था वह अब 4000/-BSP पर मिल रहा है...


    Propequity अगर बिल्डर का नाम भी लिख देता तो बहुत से नए ग्राहकों का का भला हो जाता

    :bab (48):


    In the report; it is not written that prices have actually reduced.
    The statement used is -:
    If the same trend continues; builders would be forced to reduce rates by 20%
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  • 20% to kam hain yaar

    Why not 70-80% as some of the self proclaimed economist have been predicting on the forum
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  • Originally Posted by amit001
    20% to kam hain yaar

    Why not 70-80% as some of the self proclaimed economist have been predicting on the forum



    70-80% में तो मज़ा ही आ जायेगा मैं तो 50% से ही संतुष्ट हु, काफी है अपने लिए :D:D:D !!

    Background song playing in my mind...
    "इन्तहा हो गयी इंतज़ार की, आई न कुछ खबर मेरे यार की ..
    यह हमें है यकीन बेवफा वह नहीं, फिर वजह क्या हुई इंतज़ार की "
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  • ;)
    Originally Posted by fritolay_ps
    नार्दन पेरिफेरल रोड राह के रोड़े होंगे दूर
    अमर उजाला ब्यूरो
    गुड़गांव। दिल्ली से गुड़गांव की दूरी कम करने के लिए द्वारका से खेड़कीदौला तक बनने वाली 18 किमी लंबी नार्दन पेरिफेरल रोड (एनपीआर) की राह में आने वाले रोड़े को हटाने (रोड़ी या रोड़े हटायेंगे तो रोड कैसे बनायेंगे) के लिए हुडा प्रशासक ने निर्देश जारी किए हैं। हुडा प्रशासक ने बिजली निगम के साथ बैठक कर बिजली के तारों को शिफ्ट करने के प्रस्ताव को मंजूरी दे दी है।

    द्वारका से खेड़कीदौला के बीच करीब 14 किलोमीटर लंबी (आईला सफ़ेद झूठ 18.0 किलोमीटर है भाई मेरे ) 150 मीटर चौड़ी सड़क पर 132 करोड़ रुपये खर्च किए जाने प्रस्तावित हैं। जिसके अनुसार 2012 तक काम पूरा होना था। हुडा प्रशासक ने इस सड़क के निर्माण में आ रही बाधाओं को जानने के लिए मौके का निरीक्षण किया। ( बढ़िया है निरक्षण ही करते रहना , अभी तक पता नहीं चला की क्या दिक्कत है) इसमें पता लगा कि अब तक कंस्ट्रक्शन का करीब 40 प्रतिशत (जे बात मज़ा आ गया 10% से 40% हो गया 4-5 महीने में ) काम पूरा हुआ है। सड़क निर्माण कार्य में हाईटेंशन तार बाधा बन रहे हैं। (यह भी एक बड़ी टेंशन है) इसके लिए हुडा प्रशासक की एचबीवीएन के साथ बैठक बुलाने का निर्देश दिया। बिजली निगम की ओर से लाइन शिफ्ट करने की कवायद शुरू की जा रही है। इसके साथ ही चार किमी लंबी सड़क पर स्थगन आदेश होने के कारण उस पर टेंडर नहीं आवंटित किया। हुडा प्रशासक की भूमि अधिग्रहण अधिकारी व लीगल सेल के साथ हुई बैठक में इस समस्या को जल्द दूर कराने को कहा गया है।

    एनपीआर देश की सबसे अधिक चौड़ी रोड होगी। यह सड़क 150 मीटर चौड़ी होगी। (कुछ भाई लोग नहीं मानते, बोलते है पहले बनाओ फिर मानेंगे;)) जिसके दोनों ओर ग्रीन बेल्ट होगी। सड़क के बीच में भी ग्रीन बेल्ट का डिवाइडर होगा। इस डिवाइडर पर मेट्रो भी प्रस्तावित है (यह कौन सी बड़ी बात है,कुछ टाइम बाद पूरी Delhi के डिवाइडर मेट्रो से भर जायेंगे;) )

    हुडा प्रशासक ने हाइटेंशन तार हटाने का िदया िनर्देश



    Enjoy ...
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  • Originally Posted by amit001
    20% to kam hain yaar

    Why not 70-80% as some of the self proclaimed economist have been predicting on the forum


    Very few persons are talking of that kind of correction;
    but many others are suggesting either price stagnation or correction of upto 20-30%.
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  • I agree there is a risk of correction upto 20% in good markets and more in fragile markets.

    Also there is no guarantee of the above as well
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  • Frankly speaking, waited for that inevitable 25-30% correction in 2007-08 for 3 years but it never really came. Somehow builders in India have really deep pockets. I have seen them holding onto unsold inventory in really high percentages rather than rollback prices. A stagnation is much more likely. But having said that, new prices coming on NPR really warrants Kuber ka Khazana somewhere :)
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  • Originally Posted by manu
    Very few persons are talking of that kind of correction;
    but many others are suggesting either price stagnation or correction of upto 20-30%.


    When ( if amd only if) the correction of 20percent will happpen till that time prices would have gone one up by 40 percent...
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  • Originally Posted by Schaan
    Frankly speaking, waited for that inevitable 25-30% correction in 2007-08 for 3 years but it never really came. Somehow builders in India have really deep pockets. I have seen them holding onto unsold inventory in really high percentages rather than rollback prices. A stagnation is much more likely. But having said that, new prices coming on NPR really warrants Kuber ka Khazana somewhere :)


    Wrt the earning capacity of people in NCR and Mumbai..The NCR properties are still 2 times cheaper!
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  • Originally Posted by Schaan
    Frankly speaking, waited for that inevitable 25-30% correction in 2007-08 for 3 years but it never really came. Somehow builders in India have really deep pockets. I have seen them holding onto unsold inventory in really high percentages rather than rollback prices. A stagnation is much more likely. But having said that, new prices coming on NPR really warrants Kuber ka Khazana somewhere :)


    Prices indeed dropped in 2008-09.
    Remember the rates at which Vatika was launched.
    If sales continue to drop; we will have more such attractive offers.

    If it was not for stimulation package from Govt. and banks being forced to rollover debt; many builders would have gone bankrupt in 2009.

    At present neither Govt. nor banks are in condition of helping the builders.
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  • Originally Posted by rahul2011
    Comapring earning capacity of people in NCR and Mumbai..The NCR properies are still 2 times cheaper!


    Mumbai is surrounded by sea on three sides where as NCR can expand in all directions.

    It is financial capital of India and contributes 30% of the total income taxes.
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