The
Haryana government is augmenting land resources for Gurgaon in the new master
plan in an attempt to accommodate a projected spike in population by 2025.
Despite being a parched region,
Gurgaon has taken the lead in residential development emerging as the best option for both end users and also for
investors. Realizing this well, Haryana government recently moved a plan to
increase the residential area per acre to accommodate more people over the next
10-12 years - and there are reasons to do that. A recent National Capital
Region Planning Board study has shown that the capital city of Delhi managed to
see a downward trend in the population growth, particularly on account of
migration, only because of people now finding space in the NCR cities.
Because of its good track record of
managing the law and order situation efficiently, Gurgaon has outscored its
other competitors in around Delhi. Considering the trends of people still
finding Gurgaon a better option, the district administration has proposed these
positive changes. The proposals provided in the new draft Development Plan 2025
of Gurgaon-Manesar Urban Complex talk of preparing the city to cater to the
needs of a projected population of 39.7 lakh. The earlier Master Plan for 2021
had projected to accommodate 37 lakh people.
However, the ground reality is quite different. Rough estimates suggest that
Gurgaon and Manesar put together have already crossed the 30-lakh mark. There
is every probability that the population in the region will touch the 60-lakh
mark by 2025.
So, any amount of planning to
increase residential area in the urban complex is a welcome step, though it might not be adequate to meet
future requirements. As per the proposed revised plan, 37,314 hectares would
come under the planned development instead of an earlier 37,069 hectares. It
would include an area of 15,009 hectares for residential purposes against the
earlier earmarked area 14,930 hectares for residential development.
This means around 1,500 acres of
additional area will come under residential use. Sources said that this
additional land would be used for development of three major residential
complexes and scores of group housing societies.
For developing commercial,
industrial, public utilities, special economic zone and defence land, the
allocated area, however, will remain unchanged. As per the proposed plan, which
is likely to be adopted and approved by the state government, 4,283 hectares of
land would be earmarked for transport and communication facilities, while
earlier it was 4,231 hectares for these services. A provision of 1,642 hectares
of land would be made for public and semi-public use (institutional), which
will slightly increase by 12 hectares. Earlier, 1,630 hectares were proposed
for institutional areas. The area for open spaces has also been increased from
2,675 hectares to 2,828 hectares.
Taking into account the rapid
population growth in Haryana, the state government had revised the population
density for urban complexes across the state last year. The draft development
plan of Gurgaon would be prepared as per new guidelines, calculating the
population density at 120 persons per acre as compared to 100 persons per acre
earlier.
The existing urban area is of 406
hectares while the rural areas occupy 428 hectares. The 2021 Development Plan
comprised 41 controlled areas, sources said that but since the chief minister
has ordered that all the sector roads in the forthcoming new residential sectors to be developed by HUDA be interconnected, more land will
be required. So, six more controlled areas have been added in Gurgaon, which
have already been notified.
Sources said that to
accommodate more people, the city has to follow a vertical mode of development
rather than the traditional plan of horizontal development. In the last decade,
Gurgaon and Faridabad had become the most sought after residential destinations
for those who were ready to shell out a little more to own a plot in the NCR.
Though, even now, the HUDA has plans
to auction plots in the new sectors, sources said that almost all the sectors
would see the development of multistorey group-housing societies. "The
development and plan to accommodate more people should also be supported by
infrastructure augmentation. Water and electricity supply has to be upgraded.
Only
then can we can achieve sustainable development," said Bhawani Shankar
Tripathy, a RWA activist.
SHRI
RAM SHAW charts the development of Gurgaon, which has for long been the cradle
of private property developers and is also known as the IT city of Haryana, and
analyses it future prospects for realty development
Gurgaon, adjoining the national
capital, has emerged as the largest realty hub in Haryana in the last two decades. The city has attracted some of the
biggest names among MNCs, corporate and industrial houses. However, owning
property in Gurgaon is set to become more expensive with the Municipal
Corporation of Gurgaon (MCG) planning to impose property tax. On the other
hand, property dealers and real estate agents in Gurgaon not registering
themselves with the district administration will face penal action. But the
good news is that recognizing the contribution made by the senior citizen in
the development of the state, the Haryana Housing Board has provided 2%
reservation in the allotment of houses for senior citizens who have attained
the age of 60 years.
Gurgaon, located in the National
Capital Region, has for long been the cradle of private property developers and is also known as the IT city of Haryana. Rajesh
Khullar, Municipal Commissioner of MCG, said the corporation expected to
generate over Rs 100 crore annually in revenue by the imposition of the new
tax. He added that the maximum rate of taxation had been decided as Rs 3 per
square feet of the covered area or 2.5% of the annual rent for rented premises
in residential areas and 5% for rented properties in commercial areas. The
objective method of assessing the rent would be used to calculate tax in cases
where the owners do not provide details of property and rent.
The local residents have demanded
more clarity on the proposal to impose property tax from the state government.
Colonel Raj Singla, president of Chamber of Udyog Vihar, said most of the dwelling
areas in Gurgaon had been developed by agencies like Haryana Urban Development
Authority (HUDA), Haryana State Industrial and Infrastructure Development
Corporation (HSIIDC) and private developers like DLF and Unitech. He demanded
that the area should be handed over to the municipal corporation before the
implementation of any new tax, in the same way as the panchayats had handed
over the land to the municipal corporation. The residents wanted to first
ascertain the identity of the authority responsible for maintaining the area.
The meeting of various RWAs from
Gurgaon and the Haryana chief minister is finally bearing some fruit. The RWAs,
under the umbrella of apex resident body Joint Action Forum of Residents'
Association (Jafra), had met Haryana CM
Bhupinder Singh Hooda in June on the issue of issuance of house tax assessment
notices by MCG. Senior officials of the local bodies department have indicated
that a specially constituted body of taxation department and others was
seriously deliberating for introducing certain changes in the form of house tax
calculations and other possible exemptions.
The officials also indicated that
those who have already deposited house tax based on the assessment notices would
be benefited with, if at all any subsidy was announced later, and their amount
would be adjusted against those benefits. The MCG has earmarked about 2.75 lakh
properties of all types, including the self-occupied houses, for the purpose of
issuing house tax assessment notices. Till date, about one lakh notices have
been issued in Gurgaon and MCG hopes to net nearly Rs 350 crore in the form of
house tax.
According to a senior official of
local bodies department, the Haryana Taxation Committee had been deliberating
to bring in some changes in the calculation method. "During the one-hour
meeting, the resident's association had appraised the Haryana CM about the
concern of lakhs of people," said Colonel (Retd) Ratan Singh, the chairman
of Jafra. And property dealers and real estate agents in Gurgaon who are not
registering themselves with the district administration will face penal action.
Gurgaon Deputy Commissioner Rajinder Kataria said officials have been asked to
get shops and offices of property dealers and real estate agents video graphed and photographed to know who all are
operating in the district. All realty dealers have to register themselves under
the Haryana Regulation of Property Dealers and Consultancy Act.
"After the completion of the
survey, those found indulging in property business without a valid licence
would be issued notices under the act. The penal provisions might be imposed
later on by the administration to enforce the act," Kataria said. The
deputy commissioner, who is also, designated as collector under the act, said,
"Anyone found indulging in property consultancy business without having a
valid license will be liable to pay a fine ranging from Rs 50,000 to Rs 1
lakh."
Kataria said that after repeated warnings from the Gurgaon administration, only
a few property dealers had started applying for obtaining licence under the
act.
"Though the city is flooded
with signboards of property dealers and builders, only a few are turning up to
obtain a valid licence for property dealing." He added that for
registration, a licence fee of Rs 25,000 had to be paid by an individual while
in case of an organization, company or society, a fee of Rs 50,000 would be
levied. The licence would be valid for a period of five years and would have to
be renewed again after that for a fee ranging from Rs 5,000 to Rs 10,000.
Recognizing the contribution made by
senior citizens in the development of the state, the Haryana Housing Board has
provided 2% reservation in the allotment of houses for senior citizens who have
attained the age of 60 years. A spokesman of the board said that Housing Board,
Haryana was the first housing board in the country to provide 33% reservation
of the total houses and flats constructed by it for women applicants to improve
their socio-economic status.
The State Government has framed a
policy to transfer 50% plots for economically weaker sections of the society
carved out by colonizers in the plotted colonies for which licenses have been
issued by department of Town and Country Planning, Haryana for BPL category. He
said that so far the Board had taken over the possession of 453 plots at Ratia,
District Fatehabad, Faridabad, Gurgaon and Dharuhera. The process to take
possession of over about 1,000 developed plots at Gurgaon, Sonipat, Panipat,
Karnal and Faridabad was in progress, out of 3,400 plots offered so far in
various districts. He said that the Bhupinder Singh Hooda had already announced
several incentives for the weaker sections of the society.
The official said that about 43 acres of land under various Municipal
Committees of Rohtak, Ambala, Cheeka, Karnal and Pehowa had been identified
where about 3,500 houses of different categories, mainly for lower strata of
the society would be planned. The board had already purchased 18.75 acres of
land at Sector 5, Hansi and six acres of land at Sector 1, Narnaul from HUDA,
where about 1,222 houses of different categories would be constructed.
The spokesman said that during this
year, Housing Board, Haryana had launched housing schemes comprising 2,932
houses at industrial estates, Bawal and Barhi, Sector 4, Hisar; Sector 9,
Bahadurgarh; Sector 19, Sirsa; Sector 4 & 5, Karnal and Sector 8, Jind.
Construction work of 802 houses at Hisar, Karnal, Bawal and Barhi was in
progress and construction of balance 2,130 houses would be started shortly as
tenders for these works were under process. The construction of 3,085 houses at
Rs 186.50 crore was in progress at Panchkula, Kurukshetra, Karnal, Hisar,
Bhiwani, Sonipat, Gurgaon, Bawal, Barhi and Faridabad, he added.
Courtesy by : Times Property Dtd :
August 21, 2010
32% Rise in Q1 Net Profit- reports Ashiana Housing
One of
leading Real estate firm Ashiana Housing Ltd reported a 32 per cent rise in
net profit at Rs 11.71 crore for the quarter ended June 30 against Rs 8.9 crore
in the year ago period. The revenue grew by 47 per cent to Rs 42.85 crore
during the first quarter of this fiscal against Rs 29.23 crore in the
corresponding period of last fiscal
Ashiana Housing focuses on developing retirement resorts
under the brand name ‘Utsav’. It has developed resorts for elderly people at
Bhiwadi in Haryana and Jaipur in Rajasthan. The company is building a
retirement resort at Lavasa
township project, which is being developed by construction major HCC on
12,500 acres of land near Pune.
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Developer’s Confederation plans to oppose proposed Goods and Services Tax
Confederation of Real Estate DevelopersAssociation
of India (Credai) plans to file a case against the proposed Goods and Services
Tax (GST).
Acording to the national Vice president of CREDAI Mr Prakash
Challa “Currently we are collecting it from our customers which we don’t want
to. Soon we will file a case at the national level,’’.
He said the service tax would only escalate cost (to
customers). Developers collect money either by charging 4.12 per cent of the
construction cost or by collecting 10.3 per cent from the overall saleable
value.
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In apartments,
rainwater is filtered and harvested from the terrace roof area and channelled
into an open well. Rainwater can also be filtered and let flow into a borewell
through an indirect recharge pit. The cost of the project can be divided
equally among the apartment
owners. Considering that the project's lifecycle is over 50 years, it is a
successful one since huge amount of water will be saved from going waste and
adding to urban flooding. The water can be used for watering plants, washing
vehicles as well as washing clothes and other utilities.
Courtesy ET Realty Dtd. 13-08-2010
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THE COMPANY WILL BE DEVELOPING A RESIDENTIAL-CUM-COM- MERCIAL UNIT OPPOSITE DELHI UNIVERSITY TO BEGIN WITH.
K.K. Birla Group company Texmaco Ltd will soon make a foray
into real estate
development in the national capital.
The company would be developing a residential-cum-commercial
unit opposite Delhi University to begin with.
Speaking to reporters after the company's annual general
meeting on Thursday, Texmaco chairman Saroj Poddar said the Supreme Court had
recently allowed Texmaco Ltd to develop onethird of a 31-acre plot opposite
Delhi University.
The said land earlier belonged to Birla Mills and had been
engaged in a legal tangle for some time.
The remaining two-thirds of the plot opposite the university
would lie with Delhi Development Authority (DDA), the Delhi government's
developmental agency, which will share half the revenue received from any development with the
company.
Poddar added that currently the finer aspects of the project
are being studied with the DDA and would be finalised very soon.
He also pointed out the futility of setting up more wagon
making units in the country when the ones operated by the private sector are
not used to their optimum capacity.
It may be mentioned that Union Railway Minister Mamata
Banerjee had announced setting up four wagon-making units while presenting the
Railway Budget for 2010-11.
Texmaco has recently demerged its core wagon making and
steel foundry business to Texmaco Rail and Engineering Ltd retaining the real
estate business with itself.
The de-merged entity is planning to venture into a new
business of setting up logistics for the Railways via foreign collaboration,
Ramesh Maheshwari, executive vice chairman, said without giving any further
details.
Courtesy Hindustan times dtd 03-08-2010
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PATEL ENGNEERING LTD. LAUNCHES NEW RESIDENTIAL APARTMENTS IN NOIDA EXTENSION
Patel
Engineering Ltd. comes with new project named “PatelNeotown”
in your city which is located at Noida
Extension. They are providing the Residential
Apartments according to your comfort. They offer two and three
bedroom Apartments
along with various amenities such as Club, Swimming Pool, Party Lawn, Badminton & Basketball
& Tennis Court, Cricket Practice Pitch etc. which are a part of the
township.
Patel
Engineering Ltd. offer special Prices according to the
type of booking:-
·The basic sale price for 2 bed room,
hall and kitchen plus 2 Toilet starts from Rs.915/- per Sq.Ft.
to the extent of Rs.1,090 per Sq. Ft..
·The basic sale price for 3 bed rooms,
hall and kitchen plus 2 Toilet starts from Rs.1,345/- per Sq.Ft. to the extent of Rs.1,630/-
per Sq. Ft...
·Additional Charges include Open and
Closed car parking, Road Facing, Park Facing, One Time Leas Rent, Club
Membership and Power Back up Charges etc.
·The Walls and Ceiling of Living cum
dining room, master bedroom, other bedrooms, servant or study room, kitchen and
toilet are plastered and painted with combination of Ceramic tiles, Oil Bound
Distempers paints and Emulsion paint.
·Flooring of living cum dining room and
bedroom is done by vitrified tiles.
·Flooring of Servant room, Study Room,
Balconies, Kitchen and Toilet is done by Ceramic Tiles and Anti Skid Ceramic
Tiles.
·Doors of Living room, Master bedroom,
Servant or Study room and other bedrooms are up of Wooden or Ply door frame
with flush door.
·Kitchen contains a Granite Counter with
Stainless Steel Sink with Drain Board.
·Wiring of all rooms is done with Copper
Wires with MCB supported Circuit with adequate number of power point and lights
points.
·There is provision for power points
television and telephone in Living Cum Dining Room and Bedrooms.
·External Door and Windows coated with
Aluminum Powder.
·For the security purpose they provide
secured gated community with 24 hrs intercom facility.
·Down Payment Plan A:-
At the time of booking you have to pay 10 percent of Basic Sale Price and
within 45 days from booking you have to pay 85 percent of basic sale price.
·Construction Payment Linked Plan B:-
At the time of booking and within 30 days of booking you have to pay 10 percent
of basic sale price.
·Flexi Payment Plan C:-
At the time of booking you have to pay 10 percent of Basic Sale price and
within 45 days of booking you have to pay 30 percent of basic sale price
For more queries
regarding the project please contact 01142470622, 9810445860 and submit Project
inquiry form and for booking please send your application forms at info@zameen-zaidad.com
and for more information visit www.zameen-zaidad.com.
MAXHEIGHT TOWNSHIP & PROJRCT PVT. LTD. LAUNCHES NEW RESIDENTIAL APARTMENTS IN SONEPAT
Maxheight
Township & Project Pvt. Ltd. launches project named “MaxheightMetroview”
in your city which is located at Sonepat.
They are providing the Residential Apartmentsaccording to
your comfort. Maxheights offer two,
three and four bedroom Apartments along with various amenities such as Swimming Pool, Club House, Gym,
Jacuzzi, Pool for Children with WaterPark, Lawn for common
functions etc. at no extra cost. MaxheightMetroview,
only 300 Meter
away from KMP
Express Highway from NH1 to NH2 just beside Ansal
Baderwals Green Escape Group Housing on one side and proposed Delhi Metro Rail
From way on other side.
They offer special
Prices according to the type of booking:-
·The basic sale price for 2 bed room plus
Living cum Dining room plus kitchen plus 2 Toilet plus 4 Balconies is Rs.1,600
per Sq. Ft..
·The basic sale price for 3 bed room plus
Living cum Dining room plus kitchen plus 2 or 3 Toilet plus 3 or 2 Balconies is
Rs.1,600 per Sq. Ft..
·The basic sale price for 4 bed room plus
Living cum Dining room plus kitchen plus 4 Toilet plus 2 Balconies is Rs.1,600
per Sq. Ft..
·Additional Charges include Covered car
parking, External or Internal Development Charges and Power Back up Charges.
·The Walls of Living cum dining room,
master bedroom and other bedrooms are plastered and painted with Oil Bound
Distempers with pleasing shades over BirlaWhite
putty with POP cornices.
·There will be 24 hrs water and
electrical supply facility.
·They offer well designed complex with
beautiful landscape.
·They offer regulated entry with Intercom
Connection from the entrance gate to each Apartment & High Tech Security
System.
·The wall of toilet made up of Glazed
Ceramic tiles upto Lintel Level. Toilet contains the fittings like Washbasins,
mirrors etc. in different shades.
·Flooring of living cum dining room, bedroom
and Kitchen is done by vitrified tiles.
·Flooring of Balconies and Toilet is done
by Anti Skid Ceramic Tiles.
·All Doors, Windows and fittings of all
rooms are coated with aluminum powder. There will be Decorative Panel Door of
Masonite.
·Kitchen contains a Granite Stone Counter
with Stainless Steel Sink and Drain Board.
·Wiring of all rooms is done with Copper
Wires with MCB supported Circuit with adequate number of power point and lights
points. There is also provision for power points for television and telephone.
·Construction Linked Installment
Plan:-
At the time of booking you have to pay 20 percent of Basic Sale Price and at the time of Possession you
have to pay 5 percent of basic sale priceplus other charges.
For more queries regarding
the project please contact 01142470622, 9810445860 and submit Project inquiry
form and for booking please send your application forms at info@zameen-zaidad.com and for
more information visit www.zameen-zaidad.com.
Asmall house
will look spacious and airy if simple principles of Vaastu are observed. This
will also increase the happiness and wellbeing of the residents.
If there is only one room in the house, it is advisable for the shape of the
room to be square or rectangular Interior decoration of a square or rectangular
room is easy to be done as per Vaastu
It is auspicious to have the main door of the room on the left in a
south-facing room and on the right side in the north-facing room
The place of worship can be anywhere in the room. It is not necessary to make
it in the north-east zone
The bed should be kept in such a way that the headboard is in the south and the
legs should be in the north while sleeping. It is believed to be beneficial for
health
If the bed has some storage space, then store only off-seasonal clothes in it
A small bed can be kept beneath the bed for the children, which they can use as
an extra bed
The bed should be kept in such a way that it is used from both sides. It should
never be along the wall. If the bed is along the wall from one side it disturbs
the harmony between couples
It is considered inauspicious to sleep with the legs pointing in the direction
of the door
There should not be any beam, loft or fan just above the bed. This increases
mental tension. An overhead tank above the bedroom is also considered inauspicious
Courtesy Times Property Dtd. July 16, 2010
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Decorating your balcony is simple and rewarding, says Rekha Kavoor
Agarden balcony, terrace or even a place to put a few plants, there are
many ways to up the style quotient of such an area. With a little imagination,
a verandah or balcony can become a striking feature of your home, drawing
attention away from the interior
of the house, and creating a feel of extra space.
Balconies do not merely have to be restricted to a
space for drying clothes. They can be designed to make a pleasant getaway for
city dwellers in need of space and fresh air.
Most of us, however, tend to ignore our verandahs or
balconies while decorating the house. As a result the space becomes an ideal
place for drying clothes or to keep knick-knacks in the corner. If the space is
designed properly, your verandah or balcony can double as your private getaway.
Generally it's a common perception to consider a
balcony and verandah as the same. The difference is a balcony is an outside
area attached to an inside room of a house, apartment, flat or other building.
It is usually accessible from inside the house. Balconies are usually built in
multi-storey buildings, to provide a small outdoor living area for units or apartments that are above
ground level.
While decorating your verandah or balcony you must
remember that it has access to three critical aspects - the sun, the wind and
the rain. You ought to make sure while decorating it that it is functional so
you can enjoy all the three natural elements without being affected by them
i.e. without getting sunburn, feeling cold or getting wet.
In a small space, every inch counts, so make sure you
plan it well. Make sure the scale of the various built elements and furnishings
is appropriate to the size of your overall space.
Use 'layering' (foreground, middle ground, background)
to create the illusion of greater size and depth within your balcony.
Since verandahs are open on three sides and walled on
one side, you have the advantage of getting as much natural light as possible.
For the nights, you can use small lamps or niches or electronic diffused lamps.
You can also place a small coffee table and an armchair or a rocking chair to
enjoy your evening. Furniture Space permitting, furniture could also be
coordinated for the outdoorsy look. There are the space-saving folding stools
and chairs that could serve double duty inside as well as outside. A garden
swing is, of course, the most preferred piece of furniture for those who have
the space. Hammocks can be strung up on a need-to-use basis, giving the whole
'laidback' feel to your verandah or garden.
If your balcony is large enough one can also recreate a
miniature garden by placing synthetic grass and potted plants in a corner. But
ensure that the space is not cluttered with too many potted plants and see to
it there is an outlet for water to flow smoothly to avoid any sort of leakages.
Alternatively, a small
balcony in a smaller apartment can serve as a playroom for kids,
or a quiet place to meditate, a study (if well protected from the dust, sun and
rain) or a dressing room (if covered with opaque glass), a store room or a
private lounge! So all you need to do is to let your creativity run free.
Courtesy Times Property Dtd. July 16, 2010
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