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 puneet420
    Will this open floodgates of cases against other builders as now all the customers in different projects would want compensation for the delay in projects ?


    Yes , This will definitely Help All Investors/End Users To Screw All these Choor & Badmaash Builders
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  • Go for 103 or 106
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  • Originally Posted by kikiki
    Hi guys
    Could anyone tell me the resale rates in sector 102 n if the resale is really happening there
    Regards


    Sector 102 have 5 projects at this moment.
    Heritage Max
    Adani Oysters
    Emaar Gurgaon Greens
    Emaar Imperial Garden
    Bptp Amstoria

    Resale are happening only in Heritage max. (Resale price 5200 to 5500 psf)
    Emaar both projects and Adani projects are also good but resale are not happening due to non availability of sample flat and site office.

    Everyone knows about Bptp. ...
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  • Dear Vinnny
    EDC per Sq ft charged by builder will be different for each property and depends upon year of licence and FSR used by the builder. This is because government charges EDC at s given rate per acre. For Gurgaon it is around Rs. 176 lac per acre fixed in year 2009 and and increases with cumulative rate of 10 percent per year. Year of licence granted is used for calculation. For example if a property was granted licence in year 2011, EDC rate charged to builder will be around Rs 213 lac per acre. To calculate rate of EDC chargeable to buyers, devide this amount with number of SQ ft per acre (around 43500) and then by FSR (maximum 1.75 for group housing building in Gurgaon). I think, now with this, you can yourself calculate applicable EDC.
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  • Originally Posted by subhashsri
    Dear Vinnny
    EDC per Sq ft charged by builder will be different for each property and depends upon year of licence and FSR used by the builder. This is because government charges EDC at s given rate per acre. For Gurgaon it is around Rs. 176 lac per acre fixed in year 2009 and and increases with cumulative rate of 10 percent per year. Year of licence granted is used for calculation. For example if a property was granted licence in year 2011, EDC rate charged to builder will be around Rs 213 lac per acre. To calculate rate of EDC chargeable to buyers, devide this amount with number of SQ ft per acre (around 43500) and then by FSR (maximum 1.75 for group housing building in Gurgaon). I think, now with this, you can yourself calculate applicable EDC.


    Adding to above, some builders if they have launched in phases they will normalize the rates so all buyers in different phases pay similar amounts e.g. if its 2011, 2012, 2014 then they will use respective EDC/IDCs(based on above 10% increase rule) and come to an average amount (many of them do have the plan in place for future launches so its easy to plan as a whole). Not sure how correct this practice is and how much legally the builder is protected if there is a challenge in court but would like to know views.
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  • Govt hesitant to acquire land for metro extn

    Gurgaon, June 6 -- A detailed project report (DPR) submitted by the Delhi Metro Rail Corporation ( DMRC) for the extension of metro between Dwarka and Iffco Chowk has put the Haryana government in a fix because of an escalation in the cost of the project which is more than ' 3,000 crore, according to sources.

    The cost of the project has escalated because of the land needed for metro alignment which has to be acquired.

    The Haryana government is reluctant to spend a large amount of money on land acquisition and may delay the project further.

    "We have put the DPR for the approval of the government which has to take a final call, but the land acquisition cost is too much," said P Raghvendra Rao, additional chief secretary and financial commissioner.
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  • Excerpts of Manohar Lal Khattar speach at NCR Planning Board Meeting on June 9

    Haryana Chief Minister, Mr Manohar Lal has said that Faridabad and Gurgaon being important destinations and these cities are planned to be developed as Smart Cities, Delhi Metro Rail Corporation (DMRC) should reexamine the proposal and come out with a viable solution for providing metro connectivity between these two towns.

    He said that with a view to give further boost to the Metro projects in Haryana, the matter was taken up with the Government of India to provide adequate Metro connectivity between the commercial hubs of Faridabad and Gurgaon cities. It was requested to plan a spur along the Metro line between Qutab Minar and Badarpur stations, which may pass through the inhabited areas of northern Faridabad starting from Surajkund and connect to an appropriate Metro Station located on Delhi-Faridabad route. However, DMRC has not found the proposal viable as it would be parallel to the existing Metro Corridor.

    He said that the State Government has already committed an investment of more than Rs 3500 crore for the implementation of Gurgaon, Faridabad, Ballabgarh and Bahadurgarh Metro line extensions from Delhi. Adequate Metro connectivity of Haryana cities falling in the NCR with Delhi is significantly contributing in de-congesting NCT Delhi and generation of employment in the region. While Detailed Project Report (DPR) of Metro link between Sector-21, Dwarka and IFFCO Chowk, Gurgaon has been submitted by Delhi Metro Rail Corporation (DMRC), DPR of Metro link from Narela to Kundli in district Sonepat in Haryana is under preparation, he added.

    He suggested that the total cost of Metro extension projects falling in Delhi should be borne by the Government of NCT of Delhi as the Metro connectivity with sub urban towns would significantly de-congest Delhi, which is one of the primary objectives of NCRPB.

    While describing the connectivity between urban settlements as a life line to boost urban development, the Chief Minister said that the existing roads connecting NCT of Delhi with neighbouring NCR towns are proving to be inadequate with increasing traffic loads. He said that the Delhi Development Authority has made a provision of 80 metres wide road in Dwarka in its Zonal Plan to connect 150 metres wide Northern Periphery Road in Gurgaon. Similarly, 75 metres wide road link between Rajiv Gandhi Education City, Sonipat and northern Delhi has also been approved. We have also been informed that the road connecting Mehrauli-Gurgaon road with Andheria- Mor Mahipalpur road near Nelson Mandela road T-junction is feasible with a right of way of 45 metres.

    The Chief Minister expressed his gratitude for considering these connectivity issues and further request Delhi Development Authority and the Government of NCT of Delhi to expedite the implementation of these road links on priority.
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  • How is Sector 84 in comparison with other sectors on DEW with respect to price rise and connectivity in future ?
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  • Hi everyone,

    Found this survey video https://www.youtube.com/watch?v=olz1zaMGekY
    on the facebook page of sobha international city, though its a good initiative to show the progress on the road but what about the livability time frame?
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  • Originally Posted by anujrandhawa
    Hi everyone,

    Found this survey video https://www.youtube.com/watch?v=olz1zaMGekY
    on the facebook page of sobha international city, though its a good initiative to show the progress on the road but what about the livability time frame?


    The trick here is the NH8 connectivity before toll plaza. The day that happens everyone will start short circuiting the Toll via Sector 84 Sector Road, forcing the consortium to move it to manesar, it would be great for everyone, one pill for all ills kind of thing. But the consortium will try all kind of dark magic, lets see how that works out.
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  • Originally Posted by agvinod
    The trick here is the NH8 connectivity before toll plaza. The day that happens everyone will start short circuiting the Toll via Sector 84 Sector Road, forcing the consortium to move it to manesar, it would be great for everyone, one pill for all ills kind of thing. But the consortium will try all kind of dark magic, lets see how that works out.


    I think This Must Be 1 Reason That Being Very Small Group Of Litigants of Kherki Dhoula,
    These Guys Are Rigid And Are Not In Mood Of Any Sort Of Compromise With HUDA.
    Even After Intervene of High Court Judges and CM Khattar,These Guys Deliberately Wants to linger on The NH8 Connectivity.
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  • Seniors, any activity on the ground regarding NPV
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  • What about Mahindra Aura ? I am told they have given possession and around 100 families are staying. The connectivity to Mahindra is good as one can directly reach from palam vihar. The DEW is actually not a dependency as of now.

    Is it a good buy ? If yes, at what price...i may be looking at a 4 BHK
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  • Can someone tell the current status of adani-m2k oyster grande sector-102.

    Is it worth investing in this project?
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  • As far as I know, possession is offered but nobody has moved in till now, please cross check.

    100 families shifted is a good figure, but not true at present.

    You can goto site and esquire directly, dont trust broker/builder blindly.

    Originally Posted by Rajat44
    What about Mahindra Aura ? I am told they have given possession and around 100 families are staying. The connectivity to Mahindra is good as one can directly reach from palam vihar. The DEW is actually not a dependency as of now.

    Is it a good buy ? If yes, at what price...i may be looking at a 4 BHK
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