Tuesday, April 17, 2012

COSMOS " EXPRESS 99" Dwarka Express-Way Gurgaon




COSMOS " EXPRESS 99" Dwarka Express-Way Gurgaon 


Express 99’ is the highest peak of luxury. It is the perfect example of the fast growing modern lifestyle that is predominant today and is quite necessary too. When a space appeals to us we buy that, however when a space offers a great appeal with ultra-luxurious amenities it really establishes a great relationship.

Offering normal or deluxe size in the gamut of 3 BHK and 4 BHK units ‘Express 99’ truly exemplifies the true meaning of independent life.

Express 99’ is all about living life on the edge. Fast connectivity, ultra-opulent facilities, amazingly resourcefulness of the place and the apt amenities all define ‘Express 99’. 

Lavishly established on an area of 13 acres it redefines class and abundance. ‘Express 99’ has some landmark elements or features that truly sets it apart and gives it an edge over others. Its prime location gives it more affluence and great connectivity. 

It is located in the most prime location of the upcoming ‘New Gurgaon’ area which has a close proximity to the newly built Terminal III of the India Gandhi International Airport.

‘Express 99’ truly inspires grand and wholesome living.

Project Brief:

Frontage on 75Mtr. Sector Road and Back on 24Mtr. Road
0 km from Dwarka- Expressway
Very near to up-coming Metro Station.
Located just 10 minutes away from Delhi & IGI Airport
Two way connectivity from Dwarka & NH-8.
Flexible possession linked payment plan
24x7 Power Back-Up
Club House With All Amenities
Gated Complex With Complete Security

Tuesday, April 10, 2012

Tempers rise as city goes ‘week’ without power


The Millennium City remained engulfed in darkness for the seventh consecutive day on Saturday with anger rising among residents along with scorching temperatures.
Dakshin Haryana Bijli Vitran Nigam (DHBVN), the power distribution agency, claimed that electricity was restored to a great extent by Thursday. However, many areas like sectors 33, 34, 35, 37, 38, 39 and villages Badshahpur, Mohammadpur, Narsinghpur, Sihi, Khandsa, Jharsa, Behrampur, among other areas, were subjected to long power cuts even on Saturday. According to locals, a technical snag at a 220kv DHBVN sub-station at Badshahpur has resulted in the power cuts. The residents are angry over the officials’ lax attitude in rectifying the fault.
“How much power do we get on a usual day? At the most, 2-3 hours. The situation has deteriorated over the last week as we are living in complete darkness. The authorities should at least think of our miserable state,” rued Tarun Mangla, a resident of Badshahpur, located at Sohna Road. Residents allege the officials are not even taking the complainants’ calls.
“The authorities do not take our calls. We just get a simple reply from DHBVN’s call centre that the outage is because of short supply of electricity from power plants,” alleged Rambir Singh, a resident of Narsinghpur.
He also fretted over how he had to recharge his inverter’s batteries at a friend’s place in DLF City.
Meanwhile, a senior DHBVN official said he was not aware of any technical snag at the Badshahpur sub-station.
“I am not aware of any technical fault at Badshahpur. However, I will ask my officer to report about the fault, if any,” said Subhash Deswal, superintending engineer, DHBVN.

Monday, April 9, 2012

Realtors to face action for violating fire norms


The district fire department has decided to move court against at least 71 high-rises that have failed to comply with fire safety norms. On Monday, the department will file cases against 15 offenders, which include developers of commercial and residential apartments. According to fire officials, cases will be lodged against individual building owners and some developers of the housing societies where fire safety systems were not installed or the equipment were not maintained as per the guidelines of the Fire Act 2009. Majority of the erring structures include residential buildings, while a few of them are commercial complexes, the officials said, refusing to divulge names.“According to the law, not having proper fire safety mechanism is an offence punishable with a jail term of up to three months or a fine of up to R5,000, or both. If one does not comply with the norms despite repeated notices, the owner will be fined R1,000 per day. Surprise inspections will be conducted in hospitals and other such buildings frequented by the public,” said IS Kashyap, district fire officer, Gurgaon.The department had identified 71 buildings across the city that lack basic fire safety equipment. Notices have already been issued to the offenders, giving them 15 days’ time to put in place essential safety devices such as fire extinguishers. At some buildings, the machines were found to be defunct.According to the fire department, most high-rise housing societies have not even appointed fire safety officers for monitoring and maintaining of fire safety systems.The district fire officer said that these housing societies are also violating the guidelines of the National Building Code.“Earlier we had issued notices to 104 societies asking them to upgrade their fire safety system. Among them, 66 have failed to do so,” Kashyap said.The department then refused to renew the no-objection certificates (NoCs) of these buildings when they failed to upgrade the safety systems despite being given additional six months’ time.

Tale of two cities: Development blurs the great highway divide


Till a couple of years ago, while driving down the Delhi-Gurgaon Expressway (National Highway-8), one got a clear sense of two distinct cities across the highway — the old and new. The area on one side of the expressway was dotted with swanky, tall commercial landmarks like Ambience Mall, Gateway Tower, DLF Atria (that houses BPO Convergys) and many other high-rises. In contrast, the areas on the other side — towards Udyog Vihar and Old Gurgaon — bore a deserted look.
The highway was the distinct divide between the old and new Gurgaon. But not anymore.
With a new crop of shiny high-rise buildings like that of Airtel, BPTP, India Bulls, among many others, having come up along the highway towards Udyog Vihar, the distinct divide is blurring.
“Since private developers possessed plots on the side of New Gurgaon, they took no time in constructing high-rises. On the other hand, areas in Udyog Vihar along the NH-8 are owned by the Haryana State Industrial and Infrastructural Development Corporation (HSIIDC) and require a lot of government clearances for new buildings,” explains Colonel (retd) Raj Singla, convener of the Gurgaon-Manesar Forum of Haryana MSME Federation.
An old-timer in the city, he has seen the area grow from close quarters from his office in Udyog Vihar.
Though areas in New Gurgaon like Cyber City, Mehrauli-Gurgaon road, DLF City and Golf Course Road have high-end commercial and residential projects running, areas in Old Gurgaon are still not as dazzled by the glitter.
However, proposed infrastructure projects towards the old city are set to dilute this contrast.
Northern Peripheral Road – The Game Changer
The upcoming 18-km Northern Peripheral Road (NPR), also known as Dwarka Expressway, boasts of more than 100 big-ticket residential and commercial projects in the pipeline.
It promises to bring another new city along Old Gurgaon.NPR will run as a half-ring around Old Gurgaon.
The developers have tied-up with global construction companies such as Arabtec, who built Burj Khalifa in Dubai, to develop projects along the Dwarka Expressway.
“The NPR will be the game changer,” says Ankur Srivastava, chairman, GenReal Property Advisers.
“Like the coming of NH-8 led to huge investments in its vicinity, areas around the NPR stand to benefit significantly,” he believes.
A plethora of approved projects and great valuation prospects are making developers put their money in NPR projects.
Similar factors had benefited the Golf Course Extension Road in New Gurgaon. The road has now emerged as a prime commercial and residential address.
Srivastava says prices at NPR have gone as high as R5,500 per square feet and it might shoot by R1,000 a square feet within a year.
“NPR promises to exemplify modern architecture. The technology we are using in projects is 20 years ahead of time,” says Navin Raheja of Raheja Developers, which has a major residential project coming up at NPR.
The Haryana Urban Development Authority (Huda) is tasked to take care of the challenges of infrastructure like the master roads and sewerage in these new areas.
Huda chief administrator DPS Nagal says that once there is sizeable progress in the area, the “resource rich authority will take care of things.”
Huda has collected hundreds of crores as extra development charges (EDC) from developers and plans to build a BRT (Bus Rapid Transit) corridor, a 150-metre-wide road and properly lay out green belts on NPR.
Noida’s loss is city’s gain
With land acquisition issues marring the prospects of developers in Noida and Greater Noida, the realtors have once again turned towards Gurgaon. They view NPR as a viable and profitable place for investment.
Airport Express
The proposed high-speed airport Metro link from Iffco Chowk to the Indira Gandhi International Airport may pass through Old Gurgaon areas and has a proposed station at Palam Vihar.
If the demand of old city residents is met, the Metro will run through Rajiv Chowk, Railway Road, Sector 4, Sector 5 and Palam Vihar — all under Old Gurgaon. If the authorities successfully shoulder the responsibility of infrastructure development, the face of Old Gurgaon will completely change in a few years to come.

Saturday, April 7, 2012

Unitech in talks to raise Rs 1,100 crore by leasing office space in Gurgaon


NEW DELHI: Real estate firm Unitech Ltd is in talks with various financial institutions to raise around Rs 1,100 crore through lease rent discounting (LRD) of office buildings in its Gurgaon SEZ, which is a part of AIM-listed Unitech Corporate Parks.
The money will be used by the company over the next 12-18 months for construction of assets within the UCP portfolio, which includes five SEZs and one IT park in NCR and Kolkata. The Gurgaon SEZ currently has two million sq ft of ready space and another 1.6 million sq ft is under construction.
“We will increase the pace of construction in these assets by about 50% now,” said Ajay Chandra, managing director of Unitech, which owns 10% of UCP. While Unitech Corporate Parks holds 60% stake in the assets, including this SEZ, Unitech directly holds 40% shares, as a result of which its effective shareholding in the SEZ is about 45%.
Unitech has been considering selling a part of Unitech Corporate Parks’ assets to reduce its debt further but the board of the AIM-listed entity is against the sale currently as it wants to further lease the space, which would help in realising better value when the sale happens.
“The plan to sell the assets is not totally off. The UCP board wants to sell but they feel the desirability for the assets will increase if there is higher leasing. They want the assets to be more mature before selling,” said Chandra, adding that leasing activity has been strong in recent months and UCP is leasing close to two million sq ft space annually.
In recent times, while interest among corporates to take space for expansion of their businesses has been low, Unitech has benefited from many corporates wanting to consolidate their office at one location in order to bring in efficiencies and reduce costs.
The five SEZs in the UCP portfolio will have a total of 17 million sq ft of space when completed. At the moment, four million sq ft has been completed and leased, another two million is leased but under construction and the rest is under different stages of construction.

Wednesday, April 4, 2012


DLF Garden City

NEIGHBORS COME CALLING


Adjoining vast acres of planned open spaces* 1000 acres approximately of open spaces as earmarked in Gurgaon Master Plan 2021 Adjoining sectors 91, 92, 95, 87, 81 and 81A.
The pioneers of plotted developments proudly bring to you a community where you can live luxuriously in the lap of greens. Enhanced by about 1000 acres of planned open spaces, a panorama that’s the size of DLF Phase I & II put together, DLF Gardencity gives you a chance to capture the grandeur of nature in your neighborhood.

SALIENT FEATURES

·         Over 100 acres plotted scheme
·         Over 3100 apartments by DLF nearing delivery in adjoining areas
·         4 acres of Retail complex planned on the lines of Galleria abutting Gardencity
·         Host of Community facilities such as School, Playground etc.
·         Minutes drive to airport via Dwarka Expressway

AMENITIES

The buildings are grouped to form blocks that have internal courtyards. Each block would have a unique character distinguished by gardens, recreational facilities, etc. Parking for each block is provided in two levels below the interior court gardens.
·         Gated Communit
·         Over 3100 apartments by DLF nearing delivery in adjoining areas
·         4 acres of Retail complex planned on the lines of Galleria abutting Gardencity
·         Adjoining 100 acres greenbelt with in the vicinity
·         Host of Community facilities such as School, Playground etc.
·         Minutes drive to airport via Dwarka Expressway
·         Includes park
·         Water bodies
·         Lakes
·         Sports ground
·         Stadium


Available On Resale Price of  INR Rs 46000/- Per Sqyrds.


DTCP rejects Ansal’s plea for extra development in Sec 67


GURGAON/CHANDIGARH: The department of town and country planning (DTCP) on Monday rejected an application of Ansal API for the additional licence of a plotted residential colony to be carved out in sectors 67 and 67A. The department’s decision came after the colonizer met T C Gupta, director general of DTCP.
The private builder already has a licence to carve out residential colony in the two sectors, which are coming up in Badshahpur village area. The builder had sought an additional licence for 66.42 acres of lands. According to sources, the land for which the application was made already belongs to the Ansal group.
Department officials, however, said the application was rejected on the ground that the coloniser is yet to get the said piece of land in its name. This was reportedly admitted by Anita Sharma, assistant general manager (AGM) Ansal API. “She had sought three weeks’ time to sort out the problems related to sharing of land,” said an official.
“The applicant is free to apply again once it sorts out the shortcomings in the documents in accordance with the rules. Rejection of this request shall also not adversely affect them in any manner. They (Ansal API) will have to deposit the scrutiny fee,” said Gupta.
Enquiries revealed that besides the problems related to shared land (the land which continue to exist with second party) and some portion fell in the category of Special Economic Zone (SEZ), re-approval of cancelled mutation was pending in revenue department.
Officials informed that this was the second such personal hearing given by the town and country planning department to Ansal API over the period of past one week. Earlier, Ansal representatives had appeared on March 30 when they gave a written request while making the submissions on the enquiries sought by department.
Source: http://timesofindia.indiatimes.com/city/gurgaon/DTCP-rejects-Ansals-plea-for-extra-development-in-Sec-67/articleshow/12512178.cms