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 would humbly request Veteran members S/Shri PPGupta, VB_States,KhalsaJi, Baoji, Ulti Ji, Harjinder, Dhody, Seamless, to please share their views on the amicable settlement of DEW litigation.
    Regards
    Yash
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  • Celeberate 20th May as Dwarka Express Way Liberation Day. CHEERS.At least a big breakthrough.A golden day for all of us on this Forum.Now thigs will start moving fast and as Ultiji said next year June seamless connectivity dream will come through at least for10x n 11 x sectors and may for 9x sectors too.
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  • Rohit,

    It is sad that you have decided to move on. we would love to have you here, just that there is a need to be relevant in what you post here. It is unfair to move on if your unreasonable prediction of miseries for DEW is not materialising and actually the outcome is opposite of what you have being blabbering about. Actually your failed attempt to show concerns about others by writing --so much time and money spent on DEW... etc-- is actually revealing your frustration. Please be a gentleman and don't move on when it is a time for celebrations!
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  • Originally Posted by palyash
    I would humbly request Veteran members S/Shri PPGupta, VB_States,KhalsaJi, Baoji, Ulti Ji, Harjinder, Dhody, Seamless, to please share their views on the amicable settlement of DEW litigation.
    Regards
    Yash


    Yash Ji,
    we need to give some more time for shake up in the inertia of RE in Gurgaon, particularly in DEW. On the whole the initial euphoria is concentrated around 10x sectors. But it appears that KD side litigation my not last long either. The courts decision in this case is more like a trend which may be reflected in the subsequent judgement and may have the larger interest of DEW as the central issue. Bijwasan ROB, in the meantime will provide the initial solace till Delhi side connectivity comes. For a clearly buoyant jump in RE the impact of this liberation of DEW needs to be percolated. However, I am very sure the builder lobby must be already planning the next mode of loot by en-cashing this news. Investors and endusers may need to be cautious of their next nefarious move.

    Seamless
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  • Originally Posted by seamless
    Yash Ji,
    we need to give some more time for shake up in the inertia of RE in Gurgaon, particularly in DEW. On the whole the initial euphoria is concentrated around 10x sectors. But it appears that KD side litigation my not last long either. The courts decision in this case is more like a trend which may be reflected in the subsequent judgement and may have the larger interest of DEW as the central issue. Bijwasan ROB, in the meantime will provide the initial solace till Delhi side connectivity comes. For a clearly buoyant jump in RE the impact of this liberation of DEW needs to be percolated. However, I am very sure the builder lobby must be already planning the next mode of loot by en-cashing this news. Investors and endusers may need to be cautious of their next nefarious move.

    Seamless


    Thanks for your valued input Dear on this happy occasion, for which we all were waiting for the last 4 years. I too hope, the KD matter will also get resolved within short time, as the matter has shifted from single Judge to two-Judges Bench.
    Regards
    Yash
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  • Originally Posted by seamless
    Dear Admin/ moderators, the great visual association with the original thread title is lost with this change. Also the present thread title is not as all encompassing of the issues that are discussed here and we are used to it. So please reconsider on the title of this thread and maybe please give us back the previous title.
    thanks


    Thread Title changed back to original . There seems to have been some confusion or something went wrong . Problem is being checked and sorted out .


    Edit IGRM: We have removed 'thread title changed' posts to maintain the flow of discussion. Please bear with us as we have some moderators under training who may have changed the original title. Apologies!
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  • Originally Posted by rpsingh1
    I just saw may month property show which tells very good about Dew and proposing that DEW would be best location to invest for 5 yr horizon in all over India.



    I feel those invested on this stretch had huge pain but surely reap the most benefit.







    Cheers!!



    Hi RP

    Which channel pls ?

    Thanks
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  • Originally Posted by palyash
    I would humbly request Veteran members S/Shri PPGupta, VB_States,KhalsaJi, Baoji, Ulti Ji, Harjinder, Dhody, Seamless, to please share their views on the amicable settlement of DEW litigation.
    Regards
    Yash



    News articles mean nothing.
    Please wait for the court order.
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  • God has Blessed every one.
    Litigants got their Demands.
    End user/investor also happy with this deal and huge reliefs.
    Ultichakri,also got is agenda done,whatever it was only he know.:) UC,had inside information.
    So every body is happy. Time for celebration :):bab (48):
    Guy's my prediction you will see shortly Gov will announce Metro on NPR.
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  • Dwarka e-way clears 7-year hitch.

    GURGAON: The Dwarka Expressway project crossed a major hurdle on Wednesday after a seven-year land deadlock in New Palam Vihar was resolved and the Punjab and Haryana high court vacated a stay on the construction of a 2.5km stretch of the road in that area.

    The resolution came after 350 families in New Palam Vihar, whose plots are to be acquired for the project, agreed to the compensation offered by HUDA under the government's rehabilitation and resettlement policy. According to the terms of the settlement, home and plot-owners will be entitled to alternative plots in sectors 37C or 110A. Local councillor Rishiraj Rana said for those who have built houses on their plots, the alternative plot will be of equal size to the ground covered area of the house. For the remaining portion of the plot, compensation will be given at the rate of Rs 3.44 crore per acre. Rana said oustees will also be compensated for the super built-up area of the houses but the figure wasn't clear. The figures could not be verified with HUDA.

    Shailendra Jain, senior counsel for all the petitioners, said, "The settlement is very favourable to land owners as they get larger-sized plots and an opportunity to pay for the extra land in eight years over eight interest-free instalments. It also gives compensation to those who have houses there."

    Additional chief secretary (town and country planning) P Raghavendra Rao said HUDA will now undertake a re-demarcation of sectors to incorporate the oustees.

    "The demarcation process will be carried out over the next two to three months after which plots of equivalent ground covered area will be allotted to the oustees free of any monetary obligation. However, if the plot size that is being allotted to the oustee is larger than the acquired plot's ground covered area, the oustee will have bear the cost of the remaining portion as per the floating rate (the rate at which plots are floated for sale by HUDA)," Rao explained.

    The sectors where HUDA is offering alternative plots are not developed. "Once the plots are allotted, the oustee has to shift to the new plot within six months, by which time HUDA would have also completed laying of internal infrastructure services like water supply pipes, drains, sewers, etc," Rao said.

    Navin Raheja, chairman of the National Real Estate Development Council, told TOI the high court order has come as a great relief to homebuyers and those who had invested on the Dwarka expressway.

    "The projects have all clearances, buyers have paid EDC (external development charge), which is in crores of rupees. So, it's a huge relief for investors. He added that developers had requested the state government to improve infrastructure in the area.
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  • Originally Posted by Khalsa
    God has Blessed every one.
    Litigants got their Demands.
    End user/investor also happy with this deal and huge reliefs.
    Ultichakri,also got is agenda done,whatever it was only he know.:) UC,had inside information.
    So every body is happy. Time for celebration :):bab (48):
    Guy's my prediction you will see shortly Gov will announce Metro on NPR.


    Khalsaji - For the Metro announcement - I would agree if the resolution was for the entire stretch of the NPR. I believe that Metro feasibility study/DPR could be announced within a short duration of clearance of the KD hitch also. Everyone knows that without that its only a paper horse.

    Also I have a hunch that the NPR metro may initially be joined at Gurgaon sec 23-A changeover station planned to connect with IFFCO chowk and rapid metro expansion Phs III, and the old gurgaon metro line upto sohna road and onwards to faridabad. This plan looks most feasible and efficient. Although eventually it will be connected to Dwarka sec 28 (not the sec 21-Airport line-blue line) station of the Kirti nagar-Dwarka Sec 28 line part of Phase IV.
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  • End-Game of Anti-Dwarka Propagandist?

    Dwarka e-way clears 7-year hitch
    Rao Jaswant Singh,TNN | May 21, 2015, 03.38 AM IST


    GURGAON: The Dwarka Expressway project crossed a major hurdle on Wednesday after a seven-year land deadlock in New Palam Vihar was resolved and the Punjab and Haryana high court vacated a stay on the construction of a 2.5km stretch of the road in that area.

    The resolution came after 350 families in New Palam Vihar, whose plots are to be acquired for the project, agreed to the compensation offered by HUDA under the government's rehabilitation and resettlement policy. According to the terms of the settlement, home and plot-owners will be entitled to alternative plots in sectors 37C or 110A. Local councillor Rishiraj Rana said for those who have built houses on their plots, the alternative plot will be of equal size to the ground covered area of the house. For the remaining portion of the plot, compensation will be given at the rate of Rs 3.44 crore per acre. Rana said oustees will also be compensated for the super built-up area of the houses but the figure wasn't clear. The figures could not be verified with HUDA.

    Shailendra Jain, senior counsel for all the petitioners, said, "The settlement is very favourable to land owners as they get larger-sized plots and an opportunity to pay for the extra land in eight years over eight interest-free instalments. It also gives compensation to those who have houses there."

    Additional chief secretary (town and country planning) P Raghavendra Rao said HUDA will now undertake a re-demarcation of sectors to incorporate the oustees.

    "The demarcation process will be carried out over the next two to three months after which plots of equivalent ground covered area will be allotted to the oustees free of any monetary obligation. However, if the plot size that is being allotted to the oustee is larger than the acquired plot's ground covered area, the oustee will have bear the cost of the remaining portion as per the floating rate (the rate at which plots are floated for sale by HUDA)," Rao explained.

    The sectors where HUDA is offering alternative plots are not developed. "Once the plots are allotted, the oustee has to shift to the new plot within six months, by which time HUDA would have also completed laying of internal infrastructure services like water supply pipes, drains, sewers, etc," Rao said.

    Navin Raheja, chairman of the National Real Estate Development Council, told TOI the high court order has come as a great relief to homebuyers and those who had invested on the Dwarka expressway.

    "The projects have all clearances, buyers have paid EDC (external development charge), which is in crores of rupees. So, it's a huge relief for investors. He added that developers had requested the state government to improve infrastructure in the area.

    TOI
    Rao Jaswant Singh,TNN | May 21, 2015, 03.38 AM IST


    GURGAON: The Dwarka Expressway project crossed a major hurdle on Wednesday after a seven-year land deadlock in New Palam Vihar was resolved and the Punjab and Haryana high court vacated a stay on the construction of a 2.5km stretch of the road in that area.

    The resolution came after 350 families in New Palam Vihar, whose plots are to be acquired for the project, agreed to the compensation offered by HUDA under the government's rehabilitation and resettlement policy. According to the terms of the settlement, home and plot-owners will be entitled to alternative plots in sectors 37C or 110A. Local councillor Rishiraj Rana said for those who have built houses on their plots, the alternative plot will be of equal size to the ground covered area of the house. For the remaining portion of the plot, compensation will be given at the rate of Rs 3.44 crore per acre. Rana said oustees will also be compensated for the super built-up area of the houses but the figure wasn't clear. The figures could not be verified with HUDA.

    Shailendra Jain, senior counsel for all the petitioners, said, "The settlement is very favourable to land owners as they get larger-sized plots and an opportunity to pay for the extra land in eight years over eight interest-free instalments. It also gives compensation to those who have houses there."

    Additional chief secretary (town and country planning) P Raghavendra Rao said HUDA will now undertake a re-demarcation of sectors to incorporate the oustees.

    "The demarcation process will be carried out over the next two to three months after which plots of equivalent ground covered area will be allotted to the oustees free of any monetary obligation. However, if the plot size that is being allotted to the oustee is larger than the acquired plot's ground covered area, the oustee will have bear the cost of the remaining portion as per the floating rate (the rate at which plots are floated for sale by HUDA)," Rao explained.

    The sectors where HUDA is offering alternative plots are not developed. "Once the plots are allotted, the oustee has to shift to the new plot within six months, by which time HUDA would have also completed laying of internal infrastructure services like water supply pipes, drains, sewers, etc," Rao said.

    Navin Raheja, chairman of the National Real Estate Development Council, told TOI the high court order has come as a great relief to homebuyers and those who had invested on the Dwarka expressway.

    "The projects have all clearances, buyers have paid EDC (external development charge), which is in crores of rupees. So, it's a huge relief for investors. He added that developers had requested the state government to improve infrastructure in the area.

    TOI
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  • The DEW court clearance news is Headline in South delhi edition of HT with detailed coverage on Page 2 titled Buyrs' rejoice. we all are very xcited and elated. its dream come true.Our patience and positive approach paved the way. as Khalsaji said everybody including Litigants are Happy. excellent decison.They say " Bhagwan ke ghar main der hai andher nahin" CHEERS once again.The cour order has uplifted sgging morale of all of us.
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  • NPR (Northern Peripheral Road)/ Dwarka Expressway, Gurgaon updates

    https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=64903https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=64904https://api.indianrealestateforum.com/api//v0/attachments/fetch-attachment?node_id=64906
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  • Its not right time to celebration, the major hurdle is execution of settlement and only after that evacuation is possible. As I heard that large house/plot owners are still not satisfied and they are waiting for the trigger to re-open the litigation, despite these all enter into amicable settlement. Some-one shown me the calculation of losses these property owners are incurred:

    Calculation for losses for house owner of big size plot;

    Total plot area around 700 sq yd.

    Ground coverage of house : 150 sq yd.

    Alternative Plot for entitlement : 135 sqm.

    Market rate for 700 sq yd plot: 40k psqyd= 280 lacs

    Compensation gets for 700sqyd -135 sqm 7.0k psqyd (as per 3.44 acre rate)= 38 lakh

    Approximate market rate for 135 sqm plots in sector 110a 70k psqm= 94.5 lacs

    Difference to pay for (135 sqm - 150 sqyd= approx 10 sqm )= 10 sqm x 21k per/sqm (nodal price after discount) = 2.1 lacs

    Total loss for house owner= (280+2.1) - (38+94.5)=153 lacs


    Calculation for losses of plot owners of 500 sqyd:

    Alternative plot for entitlement= 90 sqm

    Market rate for 500 sqyd plot 40k psyd= 200 lacs

    Compensation gets for 500sqyd 7.0k psqyd (as per 3.44 acre rate)= 35lakh

    Nodal price to pay for 90 sqm plot 21k= 19 lacs (after discount)

    Approximate market rate for 90 sqm plots in sector 110a 70k psqm= 63 lacs

    Total loss for plot owner: (200 + 19)- (35 +63) = 121 lacs

    According to my information whoever have plot size bigger than 150 sq/yd or house owner have open area of <40% of plot size are in loss.


    There are several another cases, even I got that few property owners (including houses) have different type of problem which I felt not to reveal openly and may face hurdle during settlement.

    I am waiting for execution of settlement, lets check how govt. machinery handle all these issue. Next 3-4 months are crucial period and all depends how many gets actual settlement and what the action rest would taken.
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