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Kherki Daula toll plaza Gurgaon

Govt. Gets Land Kherki-Daula Toll Plaza to be Shifted To Pachgaon

The Kherki Daula Toll Plaza will soon move out of Gurugram’s city limits, to another location almost 15km down the Jaipur highway, senior government officials said on Wednesday. The officials said the Punjab and Haryana high court had allowed the state government to take over 50 acres of land in Pachgaon to move the toll plaza there.

This will bring huge relief to thousands of residents living in Gurugram’s new sectors, especially those around the Dwarka Expressway who have had to absurdly pay toll for commuting from one part of the city to another. Residents’ groups have been agitating for the removal of the toll plaza for years.

The toll plaza at  Kherki Daula on the Delhi-Jaipur highway is the only one that remains in the immediate vicinity of Delhi, not counting the MCD toll booths for commercial vehicles. The Sirhaul toll plaza was removed in February 2014 and the Noida’s DND toll in October 2016. But this one doggedly remained in the face of frequent protests. It became a major issue in the recently concluded assembly election: BJP eventually lost the seat, Badshapur, to Independent candidate Rakesh Daultabad.

Officials told TOI that the high court’s order, delivered by a two-judge bench of justices Manjuri Nehru and Rajan Gupta, was passed in an ongoing dispute between the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) and land owners after two days of back-to-back arguments.

“After a long judicial process with multiple hearing dates, we got the much-need land for constructing the toll plaza in Pachgaon. All the departments concerned played their part in providing relevant documents to support the arguments in the court,” said a senior government officer. Another state government officer added, “An action plan will be devised once the final order is out. And if things get going and all necessary clearances and acquisition are done timely, it will take about 3-4 months to build the structure of the toll plaza on the land in Pachgaon.”

Initially, the Kherki Daula toll plaza was supposed to be shifted to Sehrawan but the plan was changed after environmentalists protested, saying the area was a wildlife corridor. Later, Pachgaon was identified for this purpose and a 36-lane toll plaza planned there.

While HSIIDC has about 38 acres of land in Pachgaon to give NHAI to set up the toll plaza, the remaining land was stuck in litigation. The case dates back to 2014 when land owners moved the high court against a government land acquisition bid, claiming 1,128 acres in Pachgaon were agricultural land, and could not be used for development projects.

The fate of the main case is yet to be decided. “The court has given order to release 50 acres of land for shifting the Kherki Daula toll to Panchgaon on the basis of our public interest petition filed in January 2019. Hopefully, the state government will now transfer the land to NHAI,” said Ashok Kumar Malik, president of the United Association of New Gurugram.

Over the years, the fight inside and outside of the court became intense, with residents persisting for a solution. Last month, residents of sectors 81 to 115 paved a 300-metre shortcut to bypass the toll plaza. But the very next day, the toll concessionaire, with the help of police, dismantled the road. Residents took to the streets and protested. Gram panchayats lent their support too, making it a big issue before the polls.

Marginal-Appreciation-On-Dwarka-Expressway

A Marginal Appreciation On Dwarka Expressway

Improving infrastructure, a few completed projects, and entry of established players and well-known brands have brought back investors’ and buyers’ confidence in this micromarket.

A recent development has made the sector hopeful of good festival sales on Dwarka Expressway.

Recently, construction over the link road connecting Dwarka’s Sector 22 and Dwarka Expressway sectors has begun. Once complete, Delhi’s Dwarka region will have direct access to Sectors 99-115 on Dwarka Expressway.

News of the completion of the road at several joints, in several patches, has already sent lifted the mood of realtors and developers here. Consequently, this micromarket has made a comeback of sorts in the past nine months, in terms of sales. This has sent prices up, though marginal, in the last one year.

“Sales across Dwarka Expressway have seen an increase in the recent past owing to the recent decision of the government to open up the bypass road, leading to better connectivity in the region. Alongside, some important infrastructural developments like the RRTS and the proposed DMRC project have given a boost demand here. This is over and above the locational advantage that the region has due to its proximity to Manesar and Gurugram,” Ashish Sarin, CEO of AlphaCorp, said.

While developers are excited about the development, experts shared some concerns. “As anticipated, there was a spurt in real estate activity over the years. No wonder 34,420 units have been launched between 2013 and the first half of 2019 here, across various budget segments. However, since the expressway project has missed many deadlines and is still incomplete, infrastructure in many of the areas along the expressway has failed to kick off as expected. Since a 93% of the projects are still under various stages of construction, the pace of development has been rather slow,” Santosh Kumar, vice-chairman of Anarock Property Consultants, said.

“Delay in the construction of the expressway has affected the sale of units in this micromarket. However, homebuyers are trickling back after the area saw a few completions and entry of some good developers,” Samantak Das, chief economist and head of research and REIS, JLL India, says.

QUANTUM OF PRICE RISE

According to the data from property listings portal, magicbricks.com, the average rate since September 2018 has

seen an increase of Rs 600-900 per sq ft to reach the levels of Rs 5,900-6,000 per sq ft range in September 2019.

What is on offer?

On offer are 2-, 3-, 4 and 5 BHK units of 750 to 4,000 sq ft. The region offers apartments for all categories of buyers — budget, mid-income, and upper mid-income housing segment. ANAROCK data shows that among the overall launched units since 2016, at least 49% are in the budget segment (less that Rs 40 lakh), followed by 26% in the high-income segment of Rs 80 lakh to Rs 1.5 crore.

Many companies, including DLF Ltd, Chintels India, Experion Developers, Emaar, Puri Constructions, Sobha, and Shapoorji Pallonji launched projects in the region.

Plotted development are also on offer, in the range of Rs 40,000 per sq yard to Rs 45,000 per sq yard, which have seen drop in rates.

“A number of enquiries come for plotted development. People with deep pockets still prefer plotted development, as it gives them the flexibility to design, build, and develop more on the available FAR,” Nikhil Kalra, a real estate consultant in the region, said.

“Improved connectivity has caught the attention of buyers and developers, which has led to increase in sale,” Rahul Singla, director of Mapsko Group, says.

But delivery of incomplete projects and those under construction holds the key to success. Despite challenges, the region may see good supply in the next two years.

“As for the prospects, a lot will depend on when the expressway is finally complete, as this will help in building infrastructure in and around the region as well. Moreover, if all goes as planned, we will see more than 20,300 housing units ready for possession within the next two years in the region. This will eventually help in improving the overall liveability of the region and boost its real estate prospects,” Kumar of Anarock said.

Developers are hopeful that the current festival season will help push sales further.

“With the focus of all developers now shifting to on-time deliveries, response to the projects here has been overwhelming, as buyers are now witnessing the potential that the area has. There are some bottlenecks here, but the authorities have taken measures to rectify them, which will raise demand in the region further,” Sarin of AlphaCorp said.

gurgaon srs

Gurugram’s SPR set for revamp, to get 3 flyovers, 2 underpasses

The Southern Peripheral Road (SPR) is set to get a revamp with three flyovers and two underpasses at crucial junctions, as well as a refurbishing of the road surface, which is currently in a state of disrepair. These plans were announced at the third executive meeting of the Gurugram Metropolitan Development Authority (GMDA) on Wednesday.

The main areas to be revamped include the stretch from the Delhi-Jaipur Road to Vatika Chowk, and the ensuing distance from Vatika Chowk to Ghata village in Sectors 55/56. According to traffic surveys conducted by the GMDA, over 3,600 vehicles use this stretch every hour, putting it high on the GMDA’s priority.

In addition, the SPR is set to get two underpasses, one at Vatika Chowk and the other at the Sector 55/56 intersection. There are also plans for three flyovers to ease traffic congestion at Rajesh Pilot Chowk, Tigra Mod, and the four-lane intersection between Sectors 49/50 and 65/66. A total of Rs 281.86 crore has been allotted to these projects. These developments are part of the GMDA’s larger plans to turn the SPR into an arterial road and ease the flow of traffic on National Highway 48.

Last month, a committee of officials from the Haryana Shahari Vikas Pradhikaran (HSVP), formerly Huda, the district revenue department and the National Highways Authority of India (NHAI) met to demarcate land for construction of a cloverleaf to connect the SPR with the Dwarka Expressway.

These developments, officials said, will help the development of both residential and commercial real estate projects along the SPR, which have so far languished due to the lack of proper road infrastructure. The areas to benefit from this include commercial sectors 74 and 75, residential sectors 63A to 67, and sectors 49 to 66.

A senior member of the GMDA said, “The underlying idea here is to develop both the SPR and NPR (Northern Peripheral Expressway, commonly known as Dwarka Expressway) simultaneously. These areas have suffered for long due to the lack of basic infrastructure, but simple improvements like these will come to the rescue of homeowners in the area.” The official declined to comment on the time frame in which these projects are expected to be completed.

latest news dwarka expressway

After Delhi Govt nod, NHAI awards work on package two to contractor

After the Delhi government’s approval to the much-delayed package two of the Dwarka Expressway, the National Highways Authority of India (NHAI) has granted the Letter of Acceptance (LOA) to a contractor to start work on the same.

The work on the 4.5-km long elevated road from Dwarka Sector 21 underpass to the Haryana border has been delayed by nearly two years because of the Delhi government’s reservations over cutting trees in the forested area. It was only after the union transport ministry and NHAI agreed to transplant a large number of trees and commit to compensatory forestation, did the Arvind Kejriwal government give its assent.

Manoj Kumar, chief general manager, NHAI said the LOA was granted to the contractor on Friday and they expect work to start very soon. “All efforts are being made to ensure that work on this section commences at the earliest,” he said.

On July 17, the Delhi government had given the go-ahead for felling and transplanting trees, which fell on the Expressway’s right of way. The NHAI has agreed to bear the cost of afforestation, transplantation and providing land for the purpose, officials said.

apartment

6 Lakh Homes Delayed by 6 Years or More: Study

The number of housing units that were launched in or before 2013 and have still not been completed is nearly 6 lakh nationally, a majority of which is predictably in our two largest economic hubs of Delhi-NCR and MMR (Mumbai Metropolitan Region), a study shows.

The numbers reflect the chronic problems in the real estate sector, and the institutional failure to secure the interests of homebuyers, who have been fighting long legal battles for properties they have legally bought.

This is why real estate watchers have welcomed as a landmark ruling the Supreme Court’s order earlier this week removing Amrapali, which is accused of large-scale diversion of funds, from its projects and bringing in the state-run NBCC to complete them.

Research carried out by property consultants Anarock shows 5,75,900 housing units launched in 2013 or before that are still stuck in various stages of construction across Indian cities. These properties are collectively worth a whopping Rs 4,64,300 crore. And while Delhi-NCR accounts for 2 lakh of these delayed homes, MMR isn’t doing any better with 2.1 lakh homes in the waiting list.

Besides, as many as 220 projects, accounting for 1.74 lakh units, are completely stalled in the top seven cities studied (Bangalore, Chennai, Hyderabad, Kolkata and Pune, besides MMR and Delhi-NCR). These projects, the study found, are not currently seeing any construction activity. Most of these projects have been grounded due to liquidity issues.

Around 1.15 lakh units, or 66%, of these stalled units have already been sold to buyers who have been left in the lurch — at the mercy of the developer or the law of the land. The collective value of highly-delayed units in MMR and Delhi- NCR is a whopping around Rs 3,60,000 crore. Hyderabad has seen the least project delays during the period, with around 8,900 units worth Rs 5,500 crore still on the wait list.

Out of 2 lakh units stuck in Delhi-NCR, 1.18 lakh units are in 67 projects where no work is currently on, the study found. Of these, 83,470 units have already been sold. The bulk of the stuck projects in Delhi-NCR is in Greater Noida (1 lakh), followed by Noida (42,500). Though a premium market, Gurugram’s inventory stack-up is relatively lower, at 22,000.

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