NHAI initiates takeover of land to build Delhi stretch of Dwarka e-way

The National Highways Authority of India (NHAI), on Thursday, started taking possession of land in a 1.25-km stretch between Delhi and Haryana where no public land was available.

Dwarka e-way,NHAI,National Highway 8In a major step towards starting the construction of the Delhi section of Dwarka Expressway, officially known as the Northern Peripheral Road (NPR), the National Highways Authority of India (NHAI), on Thursday, started taking possession of land in a 1.25-km stretch between Delhi and Haryana where no public land was available.

The NHAI initiated takeover of 25 hectares, comprising three private farmhouses, necessary for construction of the 9.6-km Delhi stretch of the 27.6-km-long expressway.

“After the publication of Section 3(D) of the National Highway Act, the land belongs to the Central government. We started the process of taking over the three farmhouses, which would be completed by Friday evening,” said a senior NHAI official, who confirmed the development but preferred to remain anonymous as he not authorized to speak to the media.

The expressway, which is being built as a bypass of the NH8 that cuts through Gurugram, will connect Shiv Murti on Delhi Gurugram Expressway with Kherki Daula, also on the same highway, via Dwarka, Bijwasan and New Palam Vihar. The NPR will also pass through a number of new sectors in Gurugram.

The Dwarka Expressway, which was first conceived in 2006, is divided in four parts. The first stretch would be 5-km-long, from Shiv Murti to rail underbridge near Sector 21, Dwarka. The second stretcg would be 4.5-km-long, between rail underbridge and Delhi-Haryana border on the Delhi-Gurgaon Expressway. The third would be 10.2-km-long, starting from the border to rail overbridge in Basai. This stretch will pass through sectors 102, 103, 104, 105, 106, 109, 110, 111, 112, and 113 in Gurugram. The fourth stretch would start from the rail overbridge and end at the intersection of the Southern Peripheral Road (SPR) near Kherki Daula, covering 7.9km.

Prakhar Sahai, key member of the Dxp Welfare Association—a group of homebuyers along the sectors lining Dwarka Expressway—welcomed the development and called for work to start at the earliest. “This is a positive development and should be taken to conclusion,” he said. ment but preferred to remain anonymous as he not authorized to speak to the media.

 

 

Huda Clears Legal Hurdles, to Hand Over Dwarka Expressway Project to NHAI

The total 18 km length of Northern Peripheral road (Dwarka expressway) in Gurgaon, 15 km road is complete with bituminous work and rest length three kilometer is remaining in New Palam Vihar and at kherki daula still, in Gurgaon, India.(HT File Photo)

Dwarka Expressway

was planned in 2006 and it was expected to be completed by 2010. However, the project ran into hurdles galore and remained stuck due to cases filed by plot owners whose land was acquired.

The total 18 km length of Northern Peripheral road (Dwarka expressway) in Gurgaon, 15 km road is complete with bituminous work and rest length three kilometer is remaining in New Palam Vihar and at kherki daula still, in Gurgaon, India.(HT File Photo)

After several missed deadlines, legal hassles and protests by plot owners, the Haryana Shahari Vikas Pradhikaran (HSVP) on Saturday said that it was ready to hand over the Dwarka Expressway carriageway project to National Highways Authority of India (NHAI). The NHAI will finish the project.

Dwarka Expressway

was planned in 2006 and it was expected to be completed by 2010. However, the project ran into hurdles galore and remained stuck due to cases filed by plot owners whose land was acquired.

Chander Shekhar Khare, administrator, HSVP, formerly known as the Haryana urban development authority (Huda), Gurugram, said that they have finally overcome all obstacles and have settled legal issues that bedevilled the project. He said the authority is ready to transfer the land to the NHAI as and when it desires.

“The land has already been transferred in revenue records to the Gurugram Metropolitan Development Authority (GMDA), which will be technically transferring the carriageway to the NHAI. All structures have been removed and alternative arrangements made for oustees as per the directions of the Punjab and Haryana high court,” he added.

However, there may be some time before construction work can start.

While HSVP might have cleared the path for transfer of land, officials of the highways authority said that it was still waiting for clearances from different departments before it takes over the carriageway.

“This project is a top priority and multiple processes are involved in implementing it. As permissions from two states and multiple agencies are needed, we are working at the highest level to fix all ends,” said an NHAI official, who is not authorised to speak to the media.

The expressway spans 29 km and connects Shivmurti near Mahipalpur on National Highway 48 in Delhi to a point, 1km from Kherki Daula toll plaza, on the same road.

The NHAI will be building an eight-lane elevated road, underpasses at 10 points and four interchanges at Sector 84 and 88 dividing road in Gurugram, the Southern Peripherical Road junction, Dwarka Sector 25 and Shiv Murti in Delhi.

The project will be funded under the National Corridor Efficiency Improvement Programme.

The state government has been desperate to complete the Dwarka Expressway project, as the long delay has put the Gurugram -Manesar Urban Complex Masterplan, 2031 in jeopardy.

dwarka_expressway_map

The proposed expressway had resulted in a real estate boom in New Gurugram, as thousands of flats were launched on both sides of the road. However, the long delay hit the realty market hard.

Real estate consultants complain that failure to complete the expressway and inability to develop basic infrastructure along the road has hurt the interest of both end users as well as investors in Gurugram.

Khare, however, said that there would no more delay on handing over the carriageway to the highways authority.

“The expressway project was mired in several litigations. However, after the May 29 order, we worked on a war footing and managed to rehabilitate all the oustees. We will give all support to the NHAI in completing the project at the earliest,” he said.

PMAY: Government will now get a loan for a big house, get 2.3 lakh subsidy

The Central Government will now provide a loan for a larger house under the PM housing scheme. Not only this, the government itself will also get the subsidy of 2.3 lakhs on this loan amount.

Those who live in non metro cities get benefit

If your annual income is more than Rs 18 lakhs, then you can easily take loan for 2100 square feet 3/4 BHK flat. The Urban Development Ministry has given its approval to the proposal to increase the carpet area. With this, now people will be able to purchase a house of 33 percent larger size. The effect of this decision of the government will be to see the impact of non-metro cities. The prices of houses in major cities such as Delhi, Mumbai are similar to the same, so the prospect of getting the benefit here is very low.

Subsidy now comes in two categories

Now under PMAY, two categories get loan. The first category includes Rs 6 lakh to 12 lakh rupees and the second category includes Rs 12 lakh to 18 lakh rupees. First, where the house of 120 sq m was found in the first category, which has been increased to 160 square meters (1722 sq ft). On the other hand, the first 150 square meter house was available in the second category, which has been increased to 200 square meters (2153 sq feet).

Will get loan

Where the annual income of a person purchasing a home is less than six lakh rupees, then interest of loans up to Rs 6 lakh will be given at 6.5 per cent subsidy. Whatever the amount of loan, the subsidy will be available only on the principal up to Rs. 6 lakhs, no more than the amount.

Suppose you have taken a loan of Rs 20 lakh, then interest rate of 9 per cent will be Rs 14 lakh and interest will be charged at 2.5 per cent for the remaining Rs 6 lakh.

This subsidy will be available at home loan of Rs 9 lakh on the amount of Rs 12 lakh

If you have 12 lakh rupees annually and if you take home loan through this scheme, then the government will give you 4 percent subsidy on interest. Those earning up to 18 lakhs will get 3 per cent subsidy on home loans upto Rs 12 lakhs.

On the 20-year loan, there will be a profit of 2 lakh 40 thousand rupees and the monthly installment of loan repayment will be less than Rs. 2,200. Under this scheme, the subsidy on home loan interest is in addition to the income tax exemption. If you earn more than Rs 10 lakh annually, you can benefit from a home loan (by adding subsidy on interest and income tax deduction) to 61,800 rupees annually.

Everybody will dream of giving home with private builders

The Central Government is currently completing the dream of PM Narendra Modi giving home to everyone by 2020. For this, the Central Government is working closely with the Association of Private Builders. This move of the government has also created great hopes in the real estate sector.

Everyone will get home in next four years

Speaking to Amarujala.com, Chairman of CREDAI, Gitanambar said that two lakh houses will be ready in the next four years. By joining the government, we will give the house to all the people who have applied under the PM Housing Scheme or EWS quota. Under this scheme, 643 square feet carpet area will be available which will be equal to 900 square feet built up area.

Nodal agency will be able to get cheap house

Anand said that Kreidai will come forward with this plan to realize this plan. Credai is playing the role of Nodal Agency for this. It will house people between Rs 12 lakh and Rs 35 lakh. A senior official associated with the Urban Housing Ministry said that the government intends to take help of builders engaged in the real estate sector because they can help in delivering this dream of PM.

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