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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  • Originally Posted by rashpalsingh
    Sach0235;
    I hope Mr Kejriwal,don't become corrupt after coming to power.He throw Anna under bus, so never know.


    Hi
    Greetings

    If anna would have been stupid enough for being so vulnerable, he would not have survived to this age.. he is the wisest of all and moved away from political campaign long ago..

    Kejriwal is a product of great institutes IIT/IAS (besides being a baniya from hisar) and can always bring up surprises..He simply cannot be written off, even if he fails at the elections. He faces grave threats and needs to protect himself, more than Anna, as he is challenging heartless politicians straight on..

    Further, Delhi is currently under recession. Dwarka is available at 8-10K.

    Costing worked by bala ji at under 5k means things are going to be competitive. I guess a few figures if looked at objectively will bring the cost further down specifically in case of delhi as FAR is more than double that of dwarka expressway.

    Bhalla ji marking dway projects like raheja 4200, lumbini under 5100 also offer scope for value buyers with deep pockets, to go for resale rather than fancy, pumped up high rate pre launch/launches.

    All in all, it would be wise to keep cash in pocket and look for what opportunities may come forth. Dwarka expressway sectors may offer some reasonable bargains in the very near future.

    Cheers
    CommentQuote
  • पानी मिलने में लगेगा ढाई साल

    Apr 26, 2013, 08.00AM IST
    एनबीटी न्यूज ॥ गुड़गांव
    चंदू बुढेड़ा वॉटर ट्रीटमेंट प्लांट से नॉर्दर्न पेरिफेरल रोड (एनपीआर) तक वॉटर सप्लाई की लाइन बिछाने को लेकर जमीन का अधिग्रहण करने में अभी कम से कम ढाई साल और लगेंगे। अधिग्रहण होने तक पानी की सप्लाई गांव बसई स्थित वॉटर ट्रीटमेंट प्लांट से होगी। जमीन अधिग्रहण विभाग ने 4.44 एकड़ लैंड को लेकर शहरी संपदा विभाग के डायरेक्टर जनरल से 14 करोड़ 43 लाख 34 हजार 782 रुपये की डिमांड की है। गांव बुढेड़ा की 0.04 एकड़ जमीन है और गांव बसई की 4.40 एकड़ जमीन है।
    इस जमीन के अधिग्रहण को लेकर पिछले साल 4 अप्रैल को जमीन अधिग्रहण एक्ट 1894 के तहत नोटिस जारी किए गए थे। अब हाल ही में धारा 6 के तहत नोटिस जारी किए हुए हैं। इसके एक साल बाद धारा 9 के तहत नोटिस जारी करके अवॉर्ड सुनाया जाएगा। जमीन अधिग्रहण प्रक्रिया में साढ़े 3 साल लगते हैं, जिनमें से अभी सिर्फ एक साल ही बीता है।
    सेक्टर 58 से लेकर 115 तक पानी पहुंचाने को लेकर इस जमीन का अधिग्रहण किया जा रहा है। खास बात यह है कि पानी पहुंचाने की प्लानिंग के तहत 176 करोड़ रुपये का टेंडर अलॉट किया जा चुका है, जिसे फरवरी, 2015 तक पूरा करने का टारगेट है। 4 महीने पहले टेंडर अलॉट किया गया था। अभी ग्राउंड लेवल पर काम शुरू नहीं किया जा सका है। सूत्रों का कहना है कि जमीन अधिग्रहण में देरी की वजह से यह प्रोजेक्ट लेट होगा।
    हूडा ऐडमिनिस्ट्रेटर प्रवीण कुमार का कहना है कि उन्हें इस बात की जानकारी नहीं है। यदि ऐसा है तो संबंधित अधिकारियों से रिपोर्ट मांगी जाएगी।








    पानी मिलने में लगेगा ढाई साल - - Navbharat Times
    CommentQuote
  • Originally Posted by MANOJa
    Apr 26, 2013, 08.00AM IST
    एनबीटी न्यूज ॥ गुड़गांव
    चंदू बुढेड़ा वॉटर ट्रीटमेंट प्लांट से नॉर्दर्न पेरिफेरल रोड (एनपीआर) तक वॉटर सप्लाई की लाइन बिछाने को लेकर जमीन का अधिग्रहण करने में अभी कम से कम ढाई साल और लगेंगे। अधिग्रहण होने तक पानी की सप्लाई गांव बसई स्थित वॉटर ट्रीटमेंट प्लांट से होगी। जमीन अधिग्रहण विभाग ने 4.44 एकड़ लैंड को लेकर शहरी संपदा विभाग के डायरेक्टर जनरल से 14 करोड़ 43 लाख 34 हजार 782 रुपये की डिमांड की है। गांव बुढेड़ा की 0.04 एकड़ जमीन है और गांव बसई की 4.40 एकड़ जमीन है।
    इस जमीन के अधिग्रहण को लेकर पिछले साल 4 अप्रैल को जमीन अधिग्रहण एक्ट 1894 के तहत नोटिस जारी किए गए थे। अब हाल ही में धारा 6 के तहत नोटिस जारी किए हुए हैं। इसके एक साल बाद धारा 9 के तहत नोटिस जारी करके अवॉर्ड सुनाया जाएगा। जमीन अधिग्रहण प्रक्रिया में साढ़े 3 साल लगते हैं, जिनमें से अभी सिर्फ एक साल ही बीता है।
    सेक्टर 58 से लेकर 115 तक पानी पहुंचाने को लेकर इस जमीन का अधिग्रहण किया जा रहा है। खास बात यह है कि पानी पहुंचाने की प्लानिंग के तहत 176 करोड़ रुपये का टेंडर अलॉट किया जा चुका है, जिसे फरवरी, 2015 तक पूरा करने का टारगेट है। 4 महीने पहले टेंडर अलॉट किया गया था। अभी ग्राउंड लेवल पर काम शुरू नहीं किया जा सका है। सूत्रों का कहना है कि जमीन अधिग्रहण में देरी की वजह से यह प्रोजेक्ट लेट होगा।
    हूडा ऐडमिनिस्ट्रेटर प्रवीण कुमार का कहना है कि उन्हें इस बात की जानकारी नहीं है। यदि ऐसा है तो संबंधित अधिकारियों से रिपोर्ट मांगी जाएगी।




    पानी मिलने में लगेगा ढाई साल - - Navbharat Times


    Sorry state of affairs........really yeh desh bhagwan bharose hi chal raha hai !!
    CommentQuote
  • I do fail to understand why TATA project launched recently got 450 crore worth of order on the very first day of launch but i know that resale rates are stagnant in market. Being a native to gurgaon i have seen this place from a very small town(old gurgaon now) to a swanky sub-urban. I called "sub-urban" because trust me being lived in New York and Washington DC, gurgaon is a sub-urban. Funny thing is prices in gurgaon are same as an apartment price in nearby towns of DC/NYC(Arlington, Herndon, Jersey City ect.)

    Now, i am not a very big fan of Flats in those converted agriculture fields where i use to go and eat guava and Ber fruit in my relative's farm when i was a kid. I always trade in plots. Being said that - I am looking at market and waiting for a deep correction like one in 1996-2004 when my 200 sq yard plot bought in 4 lac rupees in '96 was still available at 4 lac rupees in 2004(and no customer). All local farmers- businessman - politician and NRI money is controlling this market. Let rupee settle down against dollar (which will be by this year end when FED will stop printing money), let election come (may be by this year end when political will pull out their black money along with businessman who keep eye on market) you will find these vacant flats, plots along side these roads(GXR, NPR, SPR, DEX) at 40-50% down the current rate.
    CommentQuote
  • Originally Posted by Sach0235
    I do fail to understand why TATA project launched recently got 450 crore worth of order on the very first day of launch but i know that resale rates are stagnant in market. Being a native to gurgaon i have seen this place from a very small town(old gurgaon now) to a swanky sub-urban. I called "sub-urban" because trust me being lived in New York and Washington DC, gurgaon is a sub-urban. Funny thing is prices in gurgaon are same as an apartment price in nearby towns of DC/NYC(Arlington, Herndon, Jersey City ect.)

    Now, i am not a very big fan of Flats in those converted agriculture fields where i use to go and eat guava and Ber fruit in my relative's farm when i was a kid. I always trade in plots. Being said that - I am looking at market and waiting for a deep correction like one in 1996-2004 when my 200 sq yard plot bought in 4 lac rupees in '96 was still available at 4 lac rupees in 2004(and no customer). All local farmers- businessman - politician and NRI money is controlling this market. Let rupee settle down against dollar (which will be by this year end when FED will stop printing money), let election come (may be by this year end when political will pull out their black money along with businessman who keep eye on market) you will find these vacant flats, plots along side these roads(GXR, NPR, SPR, DEX) at 40-50% down the current rate.
    Everybody is looking forward for 40 to 50 % fall in rates.Most people believe that chances for this to happen are remote.
    lol
    CommentQuote
  • 40 - 50 % fall??

    Sach,

    My God. You really believe something like a 40 - 50 % fall in RE is about to happen?

    Some of those farms where you ate Guava and Ber were (AND STILL ARE) mine Bro.

    We bought them at Rs 800 / - per acre and are not selling them at Rs 8CR per acre.

    Good luck Bro, you've got a lifetime and more of waiting ahead for that 40 - 50 % fall.

    Originally Posted by Sach0235
    I do fail to understand why TATA project launched recently got 450 crore worth of order on the very first day of launch but i know that resale rates are stagnant in market. Being a native to gurgaon i have seen this place from a very small town(old gurgaon now) to a swanky sub-urban. I called "sub-urban" because trust me being lived in New York and Washington DC, gurgaon is a sub-urban. Funny thing is prices in gurgaon are same as an apartment price in nearby towns of DC/NYC(Arlington, Herndon, Jersey City ect.)

    Now, i am not a very big fan of Flats in those converted agriculture fields where i use to go and eat guava and Ber fruit in my relative's farm when i was a kid. I always trade in plots. Being said that - I am looking at market and waiting for a deep correction like one in 1996-2004 when my 200 sq yard plot bought in 4 lac rupees in '96 was still available at 4 lac rupees in 2004(and no customer). All local farmers- businessman - politician and NRI money is controlling this market. Let rupee settle down against dollar (which will be by this year end when FED will stop printing money), let election come (may be by this year end when political will pull out their black money along with businessman who keep eye on market) you will find these vacant flats, plots along side these roads(GXR, NPR, SPR, DEX) at 40-50% down the current rate.
    CommentQuote
  • Argument to bekaar hai kyonki no one can predict the future, good luck to captain sahab but my relatives still hold their ber farm surrounded by reliance SEZ and 9x sectors.

    and 800/acre gurgaon mai toh kabhi nahi tha at least jab se maine HOSH sambhala. I was 1.5-2 L/acre in 1990. You must have bought soon after independence :D....good luck and while you all wait for appreciation/fall please do remember - Joh chees jitni speed se upper jati hai usse double speed se neeche aate hai. Gold/Stocks and RE(in USA specifically) everything. Good Luck and Enjoy your weekend ;)
    CommentQuote
  • land prices in gurgaon

    Sach,

    Guess your relatives must be my neighbours.
    Our farms are in Sector 89 and 93.

    Guess humne hosh aap se thoda pehle sambhal liya tha.
    1990 mein kis area mein 1.5 - 2L rates thae?

    Rates in all of Gurgaon have never been the same.
    We bought 2 acres in Sector 93 in 1992 for a total of Rs 1L.
    Anyways, what is the point in discussing that.

    All I was trying to say was that property prices might stagnate for some time. That might cause some people (who can't hold) to exit at a marginally lower price.
    But it is highly unlikely that the rates will just crash by 40 - 50 %.

    I'm not even saying it's impossible. If there is a big natural calamity of some kind in the area, everything might collapse.

    Originally Posted by Sach0235
    Argument to bekaar hai kyonki no one can predict the future, good luck to captain sahab but my relatives still hold their ber farm surrounded by reliance SEZ and 9x sectors.

    and 800/acre gurgaon mai toh kabhi nahi tha at least jab se maine HOSH sambhala. I was 1.5-2 L/acre in 1990. You must have bought soon after independence :D....good luck and while you all wait for appreciation/fall please do remember - Joh chees jitni speed se upper jati hai usse double speed se neeche aate hai. Gold/Stocks and RE(in USA specifically) everything. Good Luck and Enjoy your weekend ;)
    CommentQuote
  • All I was trying to say was that property prices might stagnate for some time. That might cause some people (who can't hold) to exit at a marginally lower price.
    But it is highly unlikely that the rates will just crash by 40 - 50 %.
    CaptainYadav,
    I agree with your above statement.I think Sach0235 is thinking what happend in USA it will happen in india. In usa people houses went under water almost 30 to 50% down and are still down.
    CommentQuote
  • Originally Posted by rashpalsingh
    All I was trying to say was that property prices might stagnate for some time. That might cause some people (who can't hold) to exit at a marginally lower price.
    But it is highly unlikely that the rates will just crash by 40 - 50 %.
    CaptainYadav,
    I agree with your above statement.I think Sach0235 is thinking what happend in USA it will happen in india. In usa people houses went under water almost 30 to 50% down and are still down.


    Absolutely, and if you look closely land prices had never been skyrocketed like this. It's just an asset class like gold. Gold went up and now down to it's aukaat so we can safely assume that law of economics still holds.
    CommentQuote
  • Sach0235,
    During that time when market crash,india didn't get major effect,because indian banking system is different than usa. In usa people got loan who can not afford to repay,and adjustable loan for two years paying interest only people were not knowing what they signing lot of different issue were their.In india to get loan from bank,it's like pulling teeth,it's not easy bank verifying every details of your personal before issuing.
    In short not easy to get loan in india,Now usa also not easy to get loan.
    CommentQuote
  • India - USA

    Rashpal / Sach,

    I have travelled a lot. A lot means a lot.
    I've spent enough time in US too.

    In US people get their pay-cheques on friday and have blown up everything by monday morning.
    India is different. Please don't compare.

    Sach, if you are about to differ on the above because you've lived in the US and were not blowing up your weekly pay-cheque by monday mornings - I was not talking about the Indians. They are still Indians, so they save and they invest. AND most of them (not saying all) invest in RE in India.

    My brother does and my sister does, and having been an NRI for 15 years (before I bacame a resident in 2010) I was doing (and I still am doing - although not an NRI, 100% of my companies earnings are Inward foreign remittances) and I know some 600 odd NRIs of which 90% do.

    Originally Posted by rashpalsingh
    Sach0235,
    During that time when market crash,india didn't get major effect,because indian banking system is different than usa. In usa people got loan who can not afford to repay,and adjustable loan for two years paying interest only people were not knowing what they signing lot of different issue were their.In india to get loan from bank,it's like pulling teeth,it's not easy bank verifying every details of your personal before issuing.
    In short not easy to get loan in india,Now usa also not easy to get loan.
    CommentQuote
  • Originally Posted by CaptainYadav
    Rashpal / Sach,

    I have travelled a lot. A lot means a lot.
    I've spent enough time in US too.

    In US people get their pay-cheques on friday and have blown up everything by monday morning.
    India is different. Please don't compare.

    Sach, if you are about to differ on the above because you've lived in the US and were not blowing up your weekly pay-cheque by monday mornings - I was not talking about the Indians. They are still Indians, so they save and they invest. AND most of them (not saying all) invest in RE in India.

    My brother does and my sister does, and having been an NRI for 15 years (before I bacame a resident in 2010) I was doing (and I still am doing - although not an NRI, 100% of my companies earnings are Inward foreign remittances) and I know some 600 odd NRIs of which 90% do.


    Sir after the financial acumen of Amit001

    Knowledge of Amit Bhalla Ji

    Aak se hum aap Ke approach and foresight Ke respect karte hain

    Your posts are substantiated by long term economic growth and global economy benefit realisation

    Please accept my regards.
    CommentQuote
  • Thanks VB

    Thanks VB.

    I am just sharing some observations and experiences.
    Your kind words are highly appreciated.

    Warm regards.
    Captain Yadav

    Originally Posted by Vb2309
    Sir after the financial acumen of Amit001

    Knowledge of Amit Bhalla Ji

    Aak se hum aap Ke approach and foresight Ke respect karte hain

    Your posts are substantiated by long term economic growth and global economy benefit realisation

    Please accept my regards.
    CommentQuote
  • Originally Posted by rashpalsingh
    Sach0235,
    During that time when market crash,india didn't get major effect,because indian banking system is different than usa. In usa people got loan who can not afford to repay,and adjustable loan for two years paying interest only people were not knowing what they signing lot of different issue were their.In india to get loan from bank,it's like pulling teeth,it's not easy bank verifying every details of your personal before issuing.
    In short not easy to get loan in india,Now usa also not easy to get loan.


    One point on above, in India its just for common people having tough time getting a loan, Kingfisher got some 14k crore from SBI all NPA. ICICI was invested in russia when run on it happened a couple of years back.
    CommentQuote