Gurgaon Real Estate Blog

Manesar Toll

2011-03-09T20:50:00.000+05:30

I hope this is not a good news for clients who have bought or willing to buy any property near Manesar.

Haryana government has decided not to shift toll plaza from Kherki Daula to Bilaspur.

Despite highways ministry's objection to the state's proposal to connect a new highway (NH-236) with the Delhi-Gurgaon Expressway about 500 metres before the Kherki Dhaula toll plaza, Haryana has reiterated that there is no alternative to this alignment.

The state submitted at a high-level meeting held at the road transport and highways ministry on Thursday that it would not shift the joining point of the new NH beyond the toll plaza. The meeting was attended by senior officials, including DG (Road) RP Indoria and Haryana town and country planning secretary K K Jalan.

The NH-236, which is now only 8km long and has four lanes, will be extended to about 18km. The extension takes off from the Delhi-Gurgaon border on MG Road. It will touch Gurgaon-Faridabad road and Sohna Road before joining the Expressway.

"We have submitted our plan with the proposal that the new highway will join the expressway before toll plaza," said Haryana PWD chief engineer Mahesh Kumar. Ministry officials said Jalan has also told them that they would not make any amendment to their plan at any cost.

The new highway would be funded by the highways ministry and it would be built on a cash contract. "After commuters travel 18km on a state funded road, we can't force them to pay a huge fee for using only 500 metres of the expressway. It will be criminal to allow such a thing to happen," said a senior ministry official.

Ministry officials added that the state government representatives have told them that joining NH-236 beyond the Kherki Dhaula toll plaza could amount to violation of an agreement with the expressway developer, which restricts both the NHAI and the state from creating any competing road facility. "But we told them that this issue could be dealt with by the ministry and they should not be worried. So, now they have a new argument that there is no land available to shift the alignment," said a senior official of the highways ministry.

Sources said the state government was coming up with new arguments as the ministry was opposed to its plan. "They even came up with a suggestion that the ministry could construct an elevated stretch from the NH-236 joining point beyond the toll plaza. Will that not mean violating the agreement? We have asked them to reconsider the plan for larger public interest," said an official.

The ministry has also told the state government that it would acquire the necessary land in case it agrees to shift the joining point of the new NH.

Gurgaon Real Estate Blog

2010-09-12T14:49:00.001+05:30

Real Estate Blog, Gurgaon

I would like to thank all the viewers for supporting & giving a massive response to this blog. I am receiving mails from all across the world on some valuable issues as nri services in gurgaon, new projects in gurgaon, golf course extension road gurgaon and Manesar-next booming town of India.
Gurgaon estate blog was created keeping mind of fast growing Real Estate in Gurgaon and to share knowledge & experience in this field. I am pleased to see, people are very responsive and through this blog, I am able to provide useful information to NRIs.
I would like more people to join this blog and share their experience.

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emaar mgf marbella gurgaon

2010-09-07T12:41:00.000+05:30

MARBELLA - Luxury Living by Emaar MGF

Project – Located on 90 mtr Golf course extension road, Emaar MGF presents ‘MARBELLA’ An Exclusive – Ultra Lavish – Signature Villa Community in Sector-66, spread over 110 acres. Marbella gives you a feel of Spanish Architecture with planned lifestyle amenities in the complex. Marbelle has with world class club house with swimming pool, a bowling alley, a high tech gym, a salon/spa, a banquet hall, coffee shop, lawn tennis,badminton and basketball courts. Project has been planned to cater Elite Class demand for secured Villa living with ultra luxury facilities.
watch it on youtube.com
http://www.youtube.com/watch?v=fyNGaOOADOg

Location- Once again Golf course extension road witness yet another lavish living project on it. As i have mentioned in my earlier post, golf course extension road will produce the utmost lavish & world class project and Marbella is next gems in the Crown.
For more detail on Golf course road, please visit my previous post
http://gurgaonestate.blogspot.com/2010/07/golf-course-extension-road-gurgaon.html

Developer - Emaar MGF, The venture has already on the verge to deliver its first project (Residential) in Gurgaon. for more detail of Emaar MGF and associated projects on golf course extension road, please see my previous post.
http://gurgaonestate.blogspot.com/2010/07/project-on-golf-course-ext-road-gurgaon.html

Some unique features in Marbella -

• Gated residential community spread over 110 acres
• Structure on 267 ,350 & 500 sq.yds
• Option for 4 & 5 BHK Villa
• Air-conditioned Villas with 100% power backup
• Modern elevator
• Mini club Cineplex
• Club with lounge, billiards room, card room, cigar lounge, multi-purpose hall
• Multi speciality polyclinic by leading chain (as per co. brochure)

PS - Plotted development in Gurgaon has seen a vertical move for last 9 months, thanks to Metro connectivity* & Great Investors for creating a boost up atmosphere for reality section. Now DLF phase 1 is not available in less than of Rs. 1.25 Lac per sq. yard as Sushant lok III has crossed Rs. 50000 mark ways behind.

So when we compare the price in comparison to DLF / Ansal Plotted development keeping in mind all amenities, facilities & infrastructure, Marbella seems to me a clear winner. Please compare all facts, those affects on your daily lifestyle. Marbella is an excellent blend of luxury and comfort.
We have some great luxury Group Housing project in Gurgaon as DLF Aralias, DLF Magnolias, Ambience Caitriona and coming up M3M Golf Estate on golf course extension road.
{For more detail on M3m Golf Estate please visit http://gurgaonestate.blogspot.com/2010/09/m3m-golf-estate-gurgaon.html%7D
But Gurgaon has been missing a Secured Villa lifestyle with highly comfort & lavish amenities, Marbella is the answer. …………..

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M3M Golf Estate Gurgaon

2010-09-02T13:10:00.003+05:30

Golf Estate by M3M India Ltd.

Project – Spread over 75 acre of continuation land, M3M India is coming up with its very first and prestigious luxury project 'GOLF ESTATE'. With its USP of maximum green, it will be providing a unique concept of having residences over a 9 hole golf course comprising of a spacious 3 & 4 bedroom apartments.

Location- Most preferred destination for Luxury segment i.e. Golf Course Extension Road.
For more detail on Golf course road, please visit my previous post
http://gurgaonestate.blogspot.com/2010/07/golf-course-extension-road-gurgaon.html

Developer - The Company was established in 1985 as realty advisor firm under the visionary Mr. Basant Bansal, with the valuable support of his brother Mr. Roop Bansal.
M3M India Ltd., the new era Real Estate developer offers to be the designer of high-end city developments in the country by building classic projects.

Some unique features in Golf Estate -
• 9 Hole Executive Golf Course
• Largest Condominium spread over in 75 acres
• World class Golf club house besides the community clubs
• Large water bodies along the greens with extensive landscape features
• Apartments starting from 2nd level upwards offering contiguous View of Golf even while driving or walking
• All apartments facing the greens
• Options 3 BR & 4BR

PS - Though it is a first project by M3M India Ltd., but a team of experienced real estate professionals, world class architect & landscape designers are there to boost up your confidence. Company claims to be a cash-rich firm with no debts on it but what makes M3M different from others is, its “VISION”.

As a new player in the market, M3M has taken all necessary approvals before launch by the competent authorities and has started development work on golf estate site. All these pre-launch actions will make its brand more promise able and effective among real estate consultants & buyers. Golf estate will be a wish product for nri segment and will attract the HNI as well. Project seems be in the class of Aralias & Magnolias, being developed by DLF Ltd. on golf course. This will be the biggest residential project (Group Housing*) in Gurgaon as per master plan 2025 and will definitely an address for elite class.
Best Wishes !!!!!!!!!!

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NRI services in Gurgaon

2010-09-01T15:15:00.004+05:30

A fast growing city and a favorite destination for corporate world, Gurgaon has been an eye catcher for NRI investors.

As Gurgaon shown a lot of potential in real estate, NRI investment has seen a rapid growth in recent past. During 2009 world recession, investment flow was bit slower as expected , but 2010 has seen a tremendous energy in NRIs.

Services for NRI - As compare to other parts of India, NRI are lacking an authentic, professional & experienced property management services in Gurgaon. Most of the Real Estate consultant in Gurgaon caters their NRI clients with limited resources & services. There is a lack of market research, project feasibility reports and very important services that comes after property transaction.

Property Management Services – As a real estate consultant, one should provide real fact related to project location, market trend, demand-supply ratio & developer’s credibility. Other than property transaction, rental management, repair / maintenance, legal assistance, property progress & real estate updates are some vital part of Property Management Services.

nri services in india

2010-08-11T16:45:00.000+05:30

In the recent past, it has been observed that there is a rapid growth of different agencies offering NRI services in India. Although it gives a comfort level to the NRI segment, as the agencies claim to have solutions for services like property management, family care, event management etc.
But for more important is to see that, having countrywide infrastructure & presence, do their agencies deliver the commitment in time ?
Therefore, it has to be clearly understood that while selecting a particular agencies, NRIs should consider the following

Locally Based

A locally based agency work for a target based clients
Easily approachable
Have limited resources but work area is defined
Can predict local market well (in case of property)

Small but Professional

Excellence in team is important than the number of members
A small team gives more importance to its valuable clients
A blend of experience and professionals, makes your work more enjoyable
Big companies with national presence can not provide services on personal level.

Further I would like to say that Property & Family are very sensetive & 'privet' affairs, so make sure you going to opt the best, reliable & someone who can work for you as your virtual representative.

new residential project launched in gurgaon

2010-08-09T11:06:00.000+05:30

(1)

Mapsco Royale Ville

Location - Sector 82, on 60 mtr sector road, approx. 1.5 km inside from NH 8
Developer - Mapso Group
Past Project Status - a) Mapsco Casabella - Sector 82 - under construction/ sample flat ready
b) Mapsco Paradise - Sector 82 - Under construction
Basic Sale Price - Rs.2990/- per sq.ft. inaugural discount of Rs. 200/- Effective BSP - 2790/-

Available Unit Size -
3BR + 3 Toilet + Servant Room -                 1790 sq.ft.
4BR + 4 Toilet + Servant Room -                 2300 sq.ft.
4BR + 4 Toilet + Servant Room -                 2500 sq.ft.
4BR + Lounge + 5 Toilet + Servant Room - 3500 sq.ft

USP - 3 side open flats with maximum open green spaces.

Considering location & market scenario, Basic Sale price is very attractive but cater only upper segment. Unit sizes are quite big that gave the architect a freedom to design it beautifully. Rooms sizes are good & each room facing green space in the said township. As a developer, Mapsco has been known as Krishna Apra Group and developed many projects in Gaziabad & Delhi region. Past two projects in gurgaon are under construction & a part of developing 'New Gurgaon' as well. Other projects in the closet are Vatika India Next a township of 500 acre (approx) by Vatika Developer, Carnation by Orris. Specification are good but not very rich & all the basic amenities will be provided by the developer.

So if you are looking for a bigger space in better price range, so Royale Ville is good choice ..........and please do remember, developments near National Highways are always faster & better ...........

nri services in gurgaon

2010-08-02T16:51:00.002+05:30

Property Management Services for NRI in Gurgaon

A team of business professionals in the field of real estate management for last 15 years, having main focus on fast growing township of Gurgaon.

We are mainly catering to the real estate requirements of the corporate word & NRI clients. We almost work as “virtual representatives” for our NRI clients as we cover the following areas of real estate:

Existing property of the client
• Rental Management
• Repair & maintenance
• Manage the payment of dues/levies/taxes
• Represent the client, as & when ever required.

Property Under Construction
• Property progress {along with actual photographs of site}
• On behalf of the client – liaison / follow up with builder
• Apprise with over all progress in the area.

Real Estate Counseling
• Monthly Real estate up dates
• Real estate Trend
• New projects in the area

As a virtual representative, we will ensure that all required service will be outsourced to best available agency. Above mentioned services are exclusively for NRI clients.

Massage to NRIs

2010-07-28T13:35:00.005+05:30

Massage to NRI- all over world

I would like to thank all the NRI (Non Resident Indian) for their contribution towards the prosperity of India & Indian people.

Over 30 million of NRIs in the world have significantly made their mark in various fields & it is because of extensive talent & hard work.

Today most of the key positions in various Industries worldwide are being led by our NRIs friends & are fairly responsible to make India an investment friendly country.

I further appeal to NRI in Australia, NRI in New Zealand, NRI in USA and all over the world to share their thoughts & problems, they face when they are away from India.

Warehouse near KMP & NH-8

2010-07-24T17:22:00.000+05:30

Warehouse for lease on NH 8, near KMP

Site - Approx 8.26 Acres of land plot has been registered and CLU for the construction of Ware House has been obtained from relevant Authority . The site is located on main Bilaspur – Patudi Road, NH-8, Gurgaon. plot is legally approved by HUDA and the relevant papers are in our possession.

Distance From NH-8, Bilaspur Chowk-500 mtr.
From KMP - 4.5 Km

Covered Area Approximate covered area is 2.4 lac Sqft with approx 32ft wide passages all around the warehouse for easy movement of various heavy and light vehicles. The rear end however bigger and has approx 60ft x 753ft space available for parking of vehicles. The warehouse is well connected through a 33ft and 200 meter long road to main Bilaspur-Patudi Road . The connecting road is already developed and will help in expediting the transportation time.

The ware house is available with built to suit facility & even it can build with only one single centre column (unlike any other existing warehouses). Therefore it will provide you a large span of 72.5 ft on either side of the centre column which gives more than sufficient turning radius for any kind of vehicle movement. Lesser columns will provide less wastage of space around the column girders thereby enhancing the stowage area.

Clear height on the sides will be approx 21ft and at the centre 30ft. 12ft wide 2 entrances at the front section have been provided in the sanctioned plan.

There is a tube-well in place for any subsequent water requirement.

Pre-engineered building materials have been procured for use in the building project. Following are list of most of the items being used for the project;

1. Solid Web Portals
2. Gable end Rafters
3. Gable end corner Columns
4. Gable end Columns
5. Wind Bracing Crosses
6. Two mm GI Rain water Channel
7. Foundation Bolts
8. Nuts & Bolts

H-BEAMS (Both uniform & Taper) will be used for making columns and rafters & multistory columns and beams and the revolutionary COLD FORMED STEEL SECTIONS for Trusses, Purlins, Tie Runners and Wind Bracing.

It is needless to say that STRUCTURES made out of H- beams and cold-formed sections are extremely strong, long lasting and yet economical(for maintenance) compared to structures made of conventional hot rolled sections.

ZINCALUME/ GALVALUME or CCGI roofing & side sheets(imported from Austria) will be specially profiled to give leak proof service throughout the life of the building and in addition to this, will provide cooler temperatures inside as they are specially designed to reflect most of the heat from the sun.

MAIN FEATURES OF OUR PRE FAB: STRUCTURES

ECONOMICAL, DURABLE AND MAINTENANCE FREE

INTERNATIONAL QUALITY DESIGNED STRICTLY AS PER INDIAN / INTERNATIONAL STANDARDS

Guard room and office space will be provided as per the requirements of the client, once an agreement has been reached.

Details provided by the Company

Best Residential Project in Gurgaon

2010-07-23T18:02:00.007+05:30

contd.........(project near possession)

B) DLF Park Place Gurgaon

Developed by DLF Limited, is India's largest real estate company in terms of revenues, earnings, market capitalization and developed area. It has a 62-year track record of sustained growth, customer satisfaction, and innovation. The company has approximately 238 msf of completed development and 423 msf of planned projects, and has pan India presence across 30 cities.

Architecture & Designed by world renowned Hafeej Contractor

Location

              DLF Golf course Road, Gurgaon
              Sector 54 facing acres of Golf Green
              1 km from MG road Delhi
              In the heart of impressive & fully inhabited DLF city
              Superb connectivity, surrounded by super luxury estate, shopping malls & lush green valley

Project Overview
                           Total Land 30 acres
                           No of Towers 13 (5 + 8)
                           3+ & 4+ luxury apartments
                           3+ BHK - 2282 & 1983 sq.ft.
                           4+ BHK - 2677 & 2704 sq.ft

Specs

Air-conditioned apartment with VRV System
Modular kitchen with appliances
Jacuzzi in Master bath of 4BHK apartment
Sound proof double glazed window that saves energy consumption
24x7 power back up
Gated Community
Exclusive Clubbing facilities
Health care centre
School & Shopping facilities
Adequate dedicated parking
Multi-tier security system
Water conservation & Sewage treatment plant (STP)

Possession 2011 First Quarter (Expected)

Best Residential Project in Gurgaon

2010-07-21T15:11:00.052+05:30

Residential Projects (Near Completion)

Decisive factor-
                        Location
                        Developer
                        Construction Quality & Architecture
                        Amenities & Facilities
                        Layout Design
                        Specification
A) Central Park II

a. Developed by M/s Sweta Estates Pvt. Ltd., a premier Real Estate Brand
b. Architecture & Engineering by HOK International Ltd & landscaped by Green Architect of Thailand
c. Location – Sector 48, Main Sohna Road.
                     1.7 Km from Rajiv Chowk, National Highway-8
                     20-25 min drive from IGI Airport New Delhi
d. Project Overview- Total Land 50 Acres (approx)
                                 Total Tower 29
                                 Open Space 20 acres (approx)
                                 Apartments 1445
                                 3 BHK 2350, 2550, 2590 sq.ft.
                                 4 BHK 3820 sq.ft.
e. Specification

Primary and nursery schools
Convenience shopping
Parks and playground
Jogging tracks and walking trails
Club houses
Tennis courts and swimming pools
Full service spa
Specialty restaurant
Contemporary café
State-of-the-art gymnasium
24-hour, complete generator back-up
World class security and fire safety systems
Two-floor basement parking space for up to 3,700 cars
Drivers' restrooms in the basement
Service Centre For Estate Maintenance

f. Possession December 2010 (expected)

Golf course extension road gurgaon

2010-07-14T18:25:00.001+05:30

This road connects Golf Course Road (that starts from Bristol Chowk, MG Road and goes straight till sector 55-56) to Sohna Road (from Rajiv Chowk NH-8 to sector 48-49). Golf Course Road and Sohna Road are the two most appreciated places in terms of investment. Most of the development took place in these two parts of Vibrant Gurgaon in recent past.

So what next, ..................................................GOLF COURSE EXTENSION ROAD, developing with a vision, sumptuousness & designing Glorious lifestyles.

Sectors on Golf Course Ext Road – 61, 62, 65 & 66 (all new sectors)
The road is being developed to a concept of walk to work with 200 mtr commercial belt will be paralleled across 3 upcoming sectors.
The road is 90 mtr wide (wider than in old development i.e. 60 mtr) with 6 lane in it. Road construction work has already been completed & now green belts are being developed in the middle & along with road making it more environments friendly..........

Project on Golf Course extn road, Gurgaon

2010-07-13T13:30:00.014+05:30

......Metro has also played a vital role in changing lifestyle of Delhi NCR. Golf course ext road is not too far away from Sector 29 station & hardly 6 km from last operating station in central Gurgaon.
Metro has its expansion plan in near future & soon will be connected to this road.

Projects -
1) Ireo , the largest privet equity fund with Pan India presence. It has more than 500 arce of approved land for residential use along with golf course ext road. Ireo’s team consists of internationally experienced and accomplished Indian and expatriate professionals from diverse backgrounds to lead initiatives and to deliver best in class products and services to customers.

The Grand Arch Ireo Uptown Victory Valley

Source: www.ireoworld.com

2) Emaar MGF Land Limited (“Emaar MGF”, “the Company”) is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited (“MGF”) of India. Emaar is one of the world’s leading real estate companies, having developed approximately 89 million square feet of real estate across residential, commercial and other business segments and with operations in 14 countries.

Emarald Estate Emarald Hills Emarald Floors

sourse: www.emaarmgf.com

Golf Course Extension Road, Gurgaon - Defining Luxury

2010-07-07T13:18:00.026+05:30

Golf Course Extension Road – Future of Gurgaon

No wonder this road is going to be the next destination for Elite Class in Gurgaon or even in Northern part of India. With world class construction going around & ‘planned’ infrastructure (compare to other part of Gurgaon & Delhi), it has made a difference in a very short span.

Centralized Air-conditioning, four side open apartments, golf course in the middle with five star club facilities are the few concepts those are new to Gurgaon real estate market.

Before we discover projects developing around, we should understand its connectivity & infrastructure commencing on Golf Course Ext. Road-

This road connects Golf Course Road (that starts from Bristol Chowk, MG Road and goes straight till sector 55-56) to Sohna Road (from Rajiv Chowk NH-8 to sector 48-49). Golf Course Road and Sohna Road are the two most appreciated places in terms of investment. Most of the development took place in these two parts of Vibrant Gurgaon in recent past.

So what next, ..................................................GOLF COURSE EXTENSION ROAD, developing with a vision, sumptuousness & designing Glorious lifestyles.

Sectors on Golf Course Ext Road – 61, 62, 65 & 66 (all new sectors)

The road is being developed to a concept of walk to work with 200 mtr commercial belt will be paralleled across 3 upcoming sectors.

The road is 90 mtr wide (wider than in old development i.e. 60 mtr) with 6 lane in it. Road construction work has already been completed & now green belts are being developed in the middle & along with road making it more environments friendly..........

Super Area of Apartment

2010-06-28T12:54:00.000+05:30

DEFINITION OF SUPER AREA

Super Area for the purpose of calculating the sale price in respect of the said flat shall be the sum of flat area of the said flat and its pro-rata share of common areas in the entire said building.

Whereas the Flat Area of the said flat shall mean entire area enclosed by its periphery walls including area under the walls, columns, balconies, cupboards, lofts etc. and half the area of common walls with other premises/flats, which form integral part of the said flat. Common Areas shall mean all such parts/areas in the entire said building which the allottee(s) shall use by sharing with other occupants of the said building including entrance lobby, driver’s/common toilet, lift lobbies, lift shafts, electrical shafts, fire shafts, plumbing shafts and service ledges on all floors, common corridors and passages, staircase, mumties, service areas including but not limited to lift machine room, maintenance offices/stores, overhead tanks/underground tanks, pump rooms, boundary wall, guard room, garbage dumps, etc, architectural features, if provided, and security/fire control rooms.
In case of flats provided with exclusive open terraces the calculation of super area shall be dealt with separately. Flat Allottee(s), however, shall not be permitted to cover such terraces and shall use the same as open terrace only and in on other manner whatever.
It is specifically made clear that the computation of Super Area of the flat does not include the following:
a) Sites for shops and shop(s).
b) Sites/Building/Area of Community Facilities Amenities like Nursery/Primary/Higher Secondary School, Club/Community Centres, Dispensary, Crèche, Religious Buildings, Health Centres, Police Posts, Electrical Sub-Stations, Dwelling Units for economically weaker Sections/ Personnel.
c) Roof/top terrace above flats.
d) Car parking area
i. Exclusive right to use covered parking area of the Flat Allottee(s), at basement level.
ii. Open reserved car parking area.

It is clear that the Super Area mentioned in the Builder-Buyer Agreement (any) is tentative and for the purpose of computing sale price in respect of said flat only and the inclusion of common area within the said building/tower for the purpose of calculating super area does not give any right, title or interest in common areas by sharing with other occupants/allottee(s) in the said building.

Requirement of affordable housing in Gurgaon.

2010-06-11T22:22:00.000+05:30

Affordable/ Budget Home in Gurgaon - A mere dream

I wish to bring some important issues & aspects those are directly or indirectly affecting to introduce Affordable House in Gurgaon: -

1) Housing in India

2) Residential demand in Gurgaon
3) Density for Group Housing Project in Gurgaon Area
4) Interest Rate subsidy on Loan only up to Rs.20 Lac
5) Affordable Housing – Issues
6) Interrelated factors for affordable house in Gurgaon
7) Development & Basic amenities

1) Housing in India

A basic human necessity
Second largest employment generator, next to agriculture
Forward and backward linkages with 250 ancillary industries
An engine of equitable economic growth – Investments, Savings, Wealth
Promotes financial stability and economic resilience
Largest Component of Wealth (asset building, old age security, women empowerment, a sound collateral for various finances)
Contribution of Housing in GDP is still about 4% despite supportive Fiscal, Monetary & Legal Environment
Percentage of Mortgage Debt to GDP is 8.50%(E) in 2005-06, still way below China’s (12%), Malaysia(22%), Hong-Kong (40%) and US (65%).

2) Residential Demand

Gurgaon, one of the most vibrant city of North India is in need of affordable housing in the form of affordable apartments. With a population of more than 1,000,000, Gurgaon is one of the main satellite cities of Delhi. The rapid industrial development and advancement in the IT & ITES segment has created a demand of affordable apartments in Gurgaon. There is a strong demand for affordable housing projects, as banks have announced attractive rates for loans from to Rs 5 lakh and up to Rs 20 lakh.

3) Density for Group Housing in Gurgaon

The present density is allowed by the Govt. is 250* for group housing project in Gurgaon. Following the norm, an average of 1700 sq. ft. size apartment can be possible that cost more than Rs.50 Lac. Considering the demand in Gurgaon, it is always out of budget for a common man.

4) Interest Rate Subsidy

In recent times Government & Banks have given a lot of relaxation to the home loan customer by decreasing interest rate on loan up to Rs. 20 Lac., but due to non availability of economical homes in Gurgaon, this seems to be impractical in today’s scenario.

5) Affordable Housing – Issues

a) Limited supply
b) Cost-property, finance
c) Land- Security of Tenure
d) Legal and Regulatory Framework
e) Technology-Little mass innovation in residential housing
f) Finance
g) Registration Charges

6) Affordable housing demand intensified by 3 interrelated factors

a) Growing affordable housing supply shortage
b) Unwavering home value to income ratio
c) Incessant development pattern producing a housing supply mismatch with the housing demands of Gurgaon’s existing and future resident workforce.

7) Development & Basic amenities

Today most of new residential projects are coming away from CBZ and in this scenario, economical / affordable homes are only possible either at very far from developed area or from City area. It would be hard to survive with out basic amenities such as water, electricity, sewage, school, hospitals & transportation. So an intense demand for home is always required in close vicinity of developed area.

The apartments in Gurgaon, be it a rented one or be it the owned ones comes in a varied types of luxury level in accordance with the necessity and demand of the buyers.

Quite ideally therefore to match up with the need of affordable flats and apartments in Gurgaon, Real Estate Developers should take an initiative to offer affordable homes to the needful in Gurgaon.

An economical home, 2 BHK apartment measuring 800 -900 Sq. ft. costing Rs.25 Lac & 3 BHK apartment measuring 1100 -1200 sq. ft. costing Rs.35 Lac max. should be welcomed in this scenario.

Affordable, Budget phrases used here for Economical Homes for middle-class segment.

Manesar - A new Gurgaon

2010-06-08T12:27:00.000+05:30

Next Boom Town - Manesar, Delhi NCR

Overview

With better infrastructure & Amenities…………….. A fast growing industrial town in Gurgaon district of the State of Haryana in India, and is a part of the National Capital Region (NCR) of Delhi. Some of the developers have added a new tag to Manesar calling it as ‘New Gurgaon’. More than 100,000 people go to work in Manesar from adjoining places. The Gurgaon-Manesar Master Plan projects the population of 37,00,000 by 2021.

A .Roads

HSIDC is developing wide roads and increasing areas with open space. There is a 12-km long green belt traversing the Manesar-Gurgaon boundary. 60, 45 and 24 metre wide sector roads are coming up in the area for which acquisition work is underway.

B. Power Supply

HSIDC has a dedicated power station of 220 KV and four sub- stations of 66 KV to cater to the needs of both the industrial and residential areas.

C. Education -World class Schools and Universities

Amity Business School, Adamas International School, Army Public School, Starex International School, Chail Military School, Kendriya Vidyalaya

D. Hotels

Heritage Village five-star hotel, Resort Country Club, ITC Golf Resort, Radisson

E. Transport/ Connectivity

Lies on NH-8, proposed Delhi Metro Link, on Kundli Manesar Palwal Expressway & Delhi Mumbai Industrial Corridor. Nearest Railway station is Gurgaon.

The three USPs of area are connectivity to Gurgaon and Delhi through National Highway 8, better rates of projects-affordable/market competitive, and planned development of area.

Manesar, shortfall of 5 lakh residential units in next 3 years – Hindustan Times

Source-HT Estate May 15, 2010

Residential Unit under Development – 62500 Only

Prime Sector – 80, 82, M1D, M1 & M1A

Improved Connectivity & Better Plans

Companies Operating at Present –

Honda Motorcycle & Scooters India
Denso Haryana
Mitsubishi Electricals
Maruti Suzuki Metal from Japan
Frigo glass India from Norway
Baxter India from USA
Johnson Matthey India from UK
Jamna NHK Napino Auto
Bundy India
Munjal Showa
Hero Motors Ltd &
Samsung Telecommunications

SPIRE EDGE IT PARK MANESAR-India’s First Green Office Complex

KMP Expressway - A global corridor -2

2010-06-08T11:59:00.001+05:30

Walk to Work -Theme Parks on KMP

Govt. supported new-theme industrial townships planned along this 135-km stretch, indicates that the corridor will see major residential development in the coming years.

The World Trade City on 260 hectare
Fashion City on 220 hectare
Leather city on 280 hectare
Entertainment City on 140 hectare
Leisure City on 750 hectare
Cyber City on 190 hectare
Medi-city on 250 hectare
Bio-science City on 550 hectare

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has initiated work on an industrial township at Kharkhoda keeping Manesar as a model icon.

Apart from these theme parks, Govt. is planning to come up with some specialize Industrial Estates
Food park at Kundli in Sonipat
Gems and jewellery park at Udyog Vihar, Gurgaon
2 apparel parks, one in Gurgaon and another at Barhi in Sonipat
Footwear and leather-garments parks at Bahadurgarh.

* All these towns are expected to come up when the KMP becomes functional.

India’s biggest Exhibition Ground

Over 200 acres ground will be located at Pachgaon Chowk, close to the industrial township of Manesar in Gurgaon. The proposed site is adjacent to NH-8 and the KMP Expressway interchange.

The proposed site will have huge Open space for exhibitions along with indoor facilities with hotels and retail, office, wellness and entertainment facilities.

A world class Conference centre will be at place to facilitate more than 4,000 people.

Why KMP Expressway

Decongest Delhi & Gurgaon of trucks, buses & other long distance vehicles
More than 7000 trucks, 60,000 cars and 700 buses are expected to bypass Delhi & will use KMP
Reduce commuting time from Delhi to Kundli, Manesar and Palwal
Faster access to Airports from Haryana towns
SEZs planned alongside the KMP would be a platform for large-scale industrial units
Boost up investor confidence but also provide world-class living experience.
Specialized economic activities in this corridor, making it growth centric.
Independent townships and cities, with focus on a specialized economic activity have been envisaged.
A number of such cluster cities, integrated under one umbrella, will provide the overall spatial form of the global urban corridor.

KMP Expressway

2010-06-07T17:33:00.002+05:30

KMP Expressway

A global corridor

Overview

Kundli-Manesar-Palwal Expressway (KMP Expressway) or Delhi Western Peripheral Expressway is 135.6 km long Expressway being constructed in Haryana, India connecting Kundli, Manesar & Palwal. KMP expressway was planned to become operational by Commonwealth Games 2010 but will be ready by 2012.
KMP is 135.6 km long Expressway in Haryana, has been divided into three parts of 45 km each. There will be three camps (major) at Kundli, Manesar and Palwal and will be supported by three ancillary camps at Jassoure Kheri, Badli and Taoru.
This expressway will cross national highways, NH-1 near Kundli, NH-10 at Bahadurgarh, NH-8 near Manear and NH-2 at Palwal with a proposal of four flyover at places where the expressway will cross national highways.
16 Overpasses and underpasses at crossings on state highways and major district roads.
7 overpasses, 9 underpasses and 27 underpasses at crossings on Village roads.
33 agricultural vehicular underpasses, 31 cattle crossing passages, 61 pedestrian crossing passages.
4 railway over-bridges, 18 major and minor bridges, cross drainage works (culverts) at 292 locations, and 2 truck parking and 4 bus bays.
2 kilometer belt on either side treated as controlled area under the provisions of Punjab Scheduled Roads and Controlled Areas Restrictions of Unregulated Development Act 1963 along the expressway.
Haryana government has encouraged local landowners having 50 acres or more of land in the amenity zone of KMP corridor will be permitted to take up projects like amusement parks, golf courses and Logistic Parks.

Tolling System

KMP Expressway will be fully automated at par with international standards. "Under this tolling system Known as the Closed Loop system, the traveler would be charged only for the distance traveled on the Expressway.

10 entry and exit points through which the tolling would be controlled.
2 main toll plazas and the rest 8 would be the entry and exit points.
Dual mechanism of controlling the revenue, which will work in tandem besides providing well-trained toll collectors through Automatic Vehicle Classifiers (AVC) and Violation Enforcement Systems (VES)........

Warehouse in Gurgaon

2010-06-01T12:35:00.003+05:30

The retail chain network like Reliance, Spencer’s, Easy day, Wal-Mart and many more such up coming organizations are showing a rapid progress country wide.

The concept has to make a special focus on inventory management and warehouse management. Besides company’s own planned efforts many of the logistic companies are extending support for required redistribution systems.

To manage & maintain effective inventory & redistribution ,there is an increasing demand of Well planed warehouses all over.

With aforesaid reasons New township of Gurgaon has shown a remarkable growth, besides its own importance ,Gurgaon is recognized for its strategic location on NH-8.
The meticulous planning of KMP Expressway has added strength to its location.

In the recent past a planned growth has been observed for warehouses in Gurgaon as
the author had done an extensive survey & would like to share with the viewers and visitors as following:

Warehouse Space in Gurgaon on prime locations. have some of the following salient features:
■Duly Licensed approved and sanctioned by Government
■Constructed with modern amenities matching International Standards
■Abiding Warehouse management concepts & Norms
■Area: ranging from 60000-250000 sq.ft
■Locations : NH-8 , Pataudi Road, Farukhnagar , Gari Harsuru, KMP expressway.

After being reasonably priced in rentals the sites meet the requirements of Logistic companies as well as large chain stores on close proximity to -KMP expressway.

A new Gurgaon

2010-05-31T16:06:00.006+05:30

Hi,
My first blog should be for Gurgaon.
But I can see a new Gurgaon is shaping near Gurgaon.
With better infrastructure & Amenities……………..have a Look pls,

Next Boom Town - Manesar, Delhi NCRA fast growing industrial town in Gurgaon district of the State of Haryana in India, and is a part of the National Capital Region (NCR) of Delhi. Some of the developers have added a new tag to Manesar calling it as ‘New Gurgaon’. More than 100,000 people go to work in Manesar from adjoining places. The Gurgaon-Manesar Master Plan projects the population of 37,00,000 by 2021.

A .Roads
HSIDC is developing wide roads and increasing areas with open space. There is a 12-km long green belt traversing the Manesar-Gurgaon boundary. 60, 45 and 24 metre wide sector roads are coming up in the area for which acquisition work is underway.

B. Power Supply
HSIDC has a dedicated power station of 220 KV and four sub- stations of 66 KV to cater to the needs of both the industrial and residential areas.

C. Education -World class Schools and Universities
Amity Business School, Adamas International School, Army Public School, Starex International School, Chail Military School, Kendriya Vidyalaya

D. Hotels
Heritage Village five-star hotel, Resort Country Club, ITC Golf Resort, Radisson

E. Transport/ ConnectivityLies on NH-8, proposed Delhi Metro Link, on Kundli Manesar Palwal Expressway & Delhi Mumbai Industrial Corridor. Nearest Railway station is Gurgaon.
The three USPs of area are connectivity to Gurgaon and Delhi through National Highway 8, better rates of projects-affordable/market competitive, and planned development of area.

Manesar, shortfall of 5 lakh residential units in next 3 years – Hindustan Times

Source-HT Estate May 15, 2010

Unit under Development – 62500 Only
Prime Sector – 80, 82, M1D, M1 & M1A
Improved Connectivity & Better Plans
Companies Operating at Present –
Honda Motorcycle & Scooters India
Denso Haryana
Mitsubishi Electricals
Maruti Suzuki Metal from Japan
Frigo glass India from Norway
Baxter India from USA
Johnson Matthey India from UK
Jamna NHK Napino Auto
Bundy India
Munjal Showa
Hero Motors Ltd &
Samsung Telecommunications