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Is DDA turning a new leaf? ... 12/5/06

To collect Rs. 2,000 Crores from sale of land this year.

In 2005-06, it collected Rs. 1,020 Crores.

Plan to construct Commonwealth Games village - to house 7,5000 - 8,000 athletes and officials. Design to be different from Asiad village, with emphasis/idea of re-hire/reuse in future for sporting events. Spread over 60 Hectares, next to Akshardham Temple, it will cost about Rs. 1,100 Crores and will use public-private model for building it.

About Rs 490 Crore from Govt., rest  from sale proceeds of 6-8 hotel sites in the village.  

Nine hotel plots are slotted for auction next month. Then there are 8-10 nursing schools and colleges sites that would be sold too.  DDA spent Rs 990 crore in 2005-06 on acquiring land and will be spending about Rs 930 crore this year.

Focus on development of Rohini, Dwarka, Narela as mega sub-cities.  

Centre plans sustained highway development ... 12/5/06

$ 50 billion is the figure. For highways. Through Public Partnership Model. This will involve huge private sector financing, massive growth and expansion in contracting and consultancy sector, skilled manpower, upgrading of equipments and importantly - establishing dispute resolution mechanism. Upto Phase III has already been approved by NHAI (National Highway Development Authority of India). Phases IV to VI are under consideration. Phase IV is about two-laning with shoulders of some 20,000 Km of national highways.

Phase V is about six laning some 6,500 Kms of Highways, primarily in the Golden Quadrilateral and few high density corridors.

Phase VI is about building 1,000 Kms of Expressways.

Corridors under consideration are Vadodara-Mumbai, Delhi-Agra, Delhi-Jaipur, Delhi-Chandigarh, Chennai-Bangalore and Dhambad-Kolkata.

Phase-VII is about projects such as ring roads, bypasses and elevated highways - essentially urban infrastructure.

All this would lead to overall GDP growth with the manufacturing sector benefiting the most.

Delhi Govt writes to DDA on pvt hospital sales 30/9/05

Asian Properties Hot but not Cheap

DDA Auctions 2 Commercial Plots in Saket 8/9/2005

40 Hotels in Delhi by 2010   8/08/05  by Hash

Aerens expands speciality malls

Realty receives splashes of fortune   5/8/05  source Deccan Herald

Desi Real Estate Receives NRI Boost by Raja Awasthi

After a long lull India’s again hot property for NRIs literally speaking.  More Here ... TIMES NEWS NETWORK[ SUNDAY, JULY 31, 2005 01:07:11 AM]
 

Rise in costs for commercial real estate financing 30/7/05

40 Million Sq. Ft. At A Cost Of Rs 8,000 Cr by RAJA AWASTHI

NEW DELHI: Construction group Parsvnath Developers is betting big on retail and residences.  More Here ...
TIMES NEWS NETWORK[ SUNDAY, JULY 24, 2005 01:36:46 AM]
 

First mover advantage by KETAKI SHARMA

If you are travelling along Vikas Marg towards east Delhi, then Preet Vihar lies about four-five kilometres from ITO. More Here ...
TIMES NEWS NETWORK[ SATURDAY, JULY 23, 2005 11:01:13 AM]

Now, a reality check for property buyers

NEW DELHI: This is one proposition that could spell total paisa vasool for property buyers in the city.  More Here ...

TIMES NEWS NETWORK[ SUNDAY, JANUARY 23, 2005 10:06:07 PM ]

 

Organised Retailing in India - Report

 

   
       

Top  Everybody is immensely strong. You don't know your strength; that is another matter. Everybody is immensely strong - has to be, because everybody is rooted in God, everybody is rooted in this universe. However small you may look, you are not small. - Osho

 

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