luxury homes new buzzword in noida

1
VIVEK SHUKLA M ost of us dream of owning a house one day, and we do not mind stretching our resources to buy one. Yet, more often than not, a majority of us hardly spend time in keeping track of the construction of our houses. Also, we hardly interact with either the architect or the builder - either of our own inde- pendent houses or the apartment where we have booked our flats - during the construction period. Another blemish - while building our houses, we hardly notice the special needs of the left-handed members in our family. Make it a point to meet the archi- tect along with the engineer every week to review the progress of work. You must ask them for the work planned for the coming week. You should also ask for the requirements from your end for the next week. It goes without say- ing that by doing this you can avoid a lot of unplanned decisions. "If you are lucky enough to make your own independent house, the first thing you must do is inspect your site when it is getting marked for the dimensions. Remember, any encroachment or deviation may put you in a spot and you may face litigation," Azmal Zaheer, an architect at a Delhibased architec- ture firm says. "You must see to it that the marking is as per the approved plan only. And when you reach the stage of lintel construc- tion, give enough attention to the electrical points, and plumbing points," he says. Experts say that unexpected problems always emerge during the construction work. "Home- builders keep changing their mind about a particular feature or room at some point midconstruction, which can delay and escalate costs," Sanjay Khanna, director of Kailash Nath Projects Pvt Ltd, says. "Keeping this in mind, expect the unexpected and set aside an additional 10-15% of your budget to deal with these surprise costs," he says. And do you know that bricks used in the construction work have to be fully wet? You have to ensure that the bricks must be kept immersed in water before they are used for construc- tion. And remember, when the roof is to be cast, you must get along an expert in the construction busi- ness, in order to check for the iron and steel used for centring and the bamboos used for support. The expert must be present when the concrete is being prepared to check the pro- portion of sand, cement, stone and water. Turning to the construction site again, when the plastering work starts, you must ask for the draw- ings from the architect, review it and then pass it on to the engineer. Don't allow the architect to pass on the drawing directly to the engineer. This is a very crucial period and several aspects like fixing of wash- ing slab, a sink outside, a garden tap may miss your attention due to the urgency. As this is a critical time, you must remain in touch with the key members of the con- struction team who are involved in plumbing, carpentry, masonry and electrical fittings. Once you reach the stage for fittings in your brand- new home, the architect and the engineer will give you many sug- gestions. You are not duty-bound to accept their suggestions. ET Realty 19 FRIDAY | 6 APRIL 2012 A K TIWARY T he Master Plan of Delhi 2021 has been in force since 2007. Once this is re- implemented with the new land development policy, Delhi will also offer options to thousands of homebuyers. The capital city has still 27,628.9 hectares of land to fulfil the dreams of thousand of homebuyers. The DDA (Delhi Development Authority) has earmarked land at Zone J, K1, K2, M, N, L, O, P1 and P2 for raising residential projects. According to the projec- tions in the master plan, nearly 24 lakh residential units are required for an estimated 23 mil- lion people by 2021. According to the master plan, Delhi will be slum-free in the next 10 years by providing reha- bilitation packages (built-up houses with all civic facilities) to slum dwellers. For this DDA has identified 23 sites (slum areas) for rehabilitation. The master plan of Delhi includes chapters like regional and sub-regional frame, population and employ- ment, Delhi urban area 2021, social and physical infrastruc- ture, mixed land-use regulations, development code and plan review and monitoring. The master plan 2021 has allo- cated 277 sq km for future urban- ization by 2021. In the last fifty years, DDA has acquired 75,609.84 hectares and developed it for residential, recreational, commercial and institutional purposes. Now, with better and holistic planning, DDA intends to set new records and provide more ameni- ties to people. Delhi is spread over 1,483 sq km and divided into 17 planning zones: 1,159 hectare in Zone-A (Old City); 2,304 hectare in Zone-B (City Exten- sion and Karol Bagh); 3,959 hectare in Planning Zone-C (Civil Lines); 6,855 hectares in Zone D (New Delhi); 8,797 hectares in Planning Zone-E (East Delhi); 11,958 hectares in Zone-F (South Delhi I); 11,865 hectares in Plan- ning Zone-G (West Delhi I); 5,677 hectares in Zone-H (North-West Delhi I); 15,178 hectares in Zone-J (South Delhi II); 5,782 hectares in Zone K-I (West Delhi II) and 6,408 hectares in Zone K-II Dwarka; 22,840 hectares in Zone-L (West Delhi III); 5,073 hectares in Zone- M (North West Delhi II); 13,975 hectares in Zone-N (North West Delhi III); 80,70 hectares in Zone- O (River Yamuna-River Front); 9,866 hectares in Zone P-I (Narela) and 8,534 hectares in Zone P-II (North Delhi). Ram Gopal Gupta, a policy maker and city planner, says: "In the last 40 years, DDA construct- ed only 3.5 lakh flats. However, these did not suffice even for 1% of Delhi's population. Due to lack of housing facilities in Delhi, 10 lakh people are dependent on nearby sates and metro cities in the NCR belt. According to records, DDA was constructing 10,000 flats every year 15 years ago, while in the last 10 years it managed to build 54,000 flats. Today, DDA is not in a position to construct even 5,000 flats a year. The dramatic growth in Delhi's population has led to congestions and shortages of civic amenities. One of the main causes for this spurt in population is the migra- tion of people into the city from Bihar, UP, Punjab, J&K, West Bengal, Orissa, etc." Solution Today, the NCR cities are best suited to take the burden of housing from the national capi- tal. The NCR has a total area of 33,578 sq km and includes parts of three states, Haryana, Rajasthan, and Uttar Pradesh, with Delhi as a full state. The NCR is also characterized by the presence of ecologically sensitive areas like the extension of the Aravali ridge, forests, wild life and bird sanctuaries; the river systems of Yamuna and Hindon, and is a dynamic rural- urban admixture. Sub-regions of NCR The Haryana sub-region com- prises nine districts: Faridabad, Gurgaon, Mewat, Rohtak, Soni- pat, Rewari, Jhajjar, Panipat and Palwal, together constituting about 40% of the region. The Uttar Pradesh sub-region comprises five districts: Meerut, Ghaziabad, Gautam Budh Nagar, Bulandshahr, and Baghpat, together constituting about 32% (10,853 sq km) of the region. The Rajasthan sub-region com- prises Alwar district and consti- tutes about 23% (7,829 sq km) of the region. The NCT (National Capital Territory) of Delhi con- stitutes about 5% (1,483 sq km) of the region. Development In recent times, there has been a tremendous growth of Delhi and the NCR in terms of infrastruc- tural developments and with the advent of major realty players like DLF, Ansal API, Ansal Hous- ing, Unitech, BPTP,Amrapali, Supertech, Gaursons, Assotech, Parsvnath, Ashiana, TDI, Anantraj Group, Omaxe, JP, Antriksh, etc, the areas have been much in news. Areas like Gurgaon, Noida, Greater Noida, Manesar, Faridabad, East Delhi Extension, etc, have been the areas fulfilling the housing needs of millions of people who live in and around Delhi. With the pres- sure of increasing population, unavailability of land, and lower- ing of water table, etc, developers are migrating to new places in the NCR to raise residential and commercial projects. Rehabilitation scheme for slumdwellers A novel project proposed by DDA, the "in situ" rehabilitation scheme, moves away from the agency's previous model of shift- ing slumdwellers to the city's fringes as part of rehabilitation package. For this, DDA has indentified 23 sites (slum areas). Consultants have already been appointed for 13 sites. The Kathputli colony near Shadipur Depot of North Delhi has been taken up in first phase. Tenders will also be floated for the other 22 identified sites. Raheja Developers has been awarded the first of its kind, in situ slum re-development project over 5.22 hectares at Kathputli colony by DDA. The project envisages construction of 2,800 EWS units (with built-up area 30 sq metres per unit) with commu- nity facilities like a multi-pur- pose hall, Basti Vikas Kendra, a health centre, a Sishu Vatika, etc. Arabtec, the firm which built Burj Khalifa in Dubai, will con- struct these 2,800 EWS houses and also the commercial complex under the slum redevelopment public-private partnership proj- ect between Raheja Developers and DDA, in a time-bound con- tract of two years. Delhi's urban landscape by 2021 The Master Plan 2021 has allocated 277 sq km for future urbanization in Delhi by 2021, says ET Realty QUICK BYTES In the last 50 years, DDA has acquired 75,609.84 hectares and developed it for residential, recreational, commercial and institutional purposes The DDA has earmarked land at Zone J, K1, K2, M, N, l, O, P1 and P2 for raising residential projects MONITOR THE CONSTRUCTION! ET Realty cautions against the neglect of on-site supervision during the construction of our houses Inspect your site when it is getting marked for the dimensions. Any encroachment or deviation may put you in a spot PUNITA E ach person has a defini- tion of 'luxury', depend- ing on his or her social status and lifestyle. Thus, de- velopers cater to a wide variety of demands, even within the 'luxury homes' segment. In recent times, Noida- Greater Noida and Ghaziabad have seen an upsurge in the de- mand for luxury homes. With higher disposable incomes, the confidence is visible not just among buyers, but also among sellers. Taking a cue, several builders in the NCR have begun devel- oping better and larger 'luxu- rious homes'. Gardenia Group has launched Golf City and Gardenia Gateway in Sector 75; Gardenia Glory in Sector 46 and Gardenia Grace in Sector 61 in Noida. The Gardenia Group has committed to deliv- er over 4,000 dwelling units in next two-three years. The Antriksh Group has launched Antriksh Forest in Sector 77, Antriksh Golf View 1 and Golf View 2 in Sector 78, Antriksh Nature in Sector 52 and Antriksh Green in Sector 50, in Noida. Antriksh Nature and Antriksh Green are near- ly complete, while Antriksh Forest and Golf View are un- der construction. Amrapali Sapphire in Sector 45, a premium project of Amrapali Group has been launched in two phases; phase one is being built at a cost of Rs 275 crore and is over 10 acres. Amrapali Group is poised to deliver over 1,100 houses in these two phases. Supertech Group has launched a unique circular- shaped residential project, ORB, in Sector 76, Noida. The project has been mastermind- ed by Bollywood star Twinkle Khanna. Prateek Group has launched a luxurious residen- tial project, Prateek Stylome, in Sector 45, Noida. JM Housing Ltd's JM Orchid in Sector 76 and Grand Ajnara Heritage in Sector 74 are some of the other luxury develop- ments in Noida. It is on a 130- metre-wide road near the 6- lane FNG expressway and is over 104 acres Anil Sharma, the chairman and managing director of Amrapali Group, says: "Today, Noida is the hub of develop- ment with most of the devel- opers in the Delhi NCR active here. The development is the result of a robust demand and the availability of houses in various categories and price ranges. Luxury is surely the new buzzword in Noida." Rakesh Yadav, the managing director of Antriksh Group, says: "Antriksh Golf View in Sector 78 presents dream apartments for buyers, which include 2- and 3BHK, at rea- sonable prices. There has been an increase in investments in Noida, Greater Noida and Ghaziabad owing to the in- creased urbanization of these areas." Manoj Rai, the chairman of Gardenia Group, says: "Once again, the real estate sector is on a boom and builders are not lagging in luring customers with attractive announce- ments. Since the time the Noida Expressway become op- erational, the real estate around the stretch has seen a tremendous response." R K Arora, the chairman and man- aging director of Supertech Group, says: "ORB is a part of our 50 acre integrated town- ship project, which will com- prise 3- and 4BHK apartments. Units are in the range of 2,215 sq ft to 4,270 sq ft. The project has been innovatively de- signed for maximum interior space and 180 degree view." "Our project, Kaamna Greens, will not only elevate the lifestyle but will protect life by being a state-of-the-art earthquake- resistant residen- tial project complying with earthquake Zone 4 regula- tions," Gurinder Singh Sikka, chairman and managing di- rector of Sikka Group, says. Prashant Tiwari, the manag- ing director of Prateek Group, says: "Previously, people who wanted to purchase luxurious homes used to move towards Gurgaon but with the develop- ment of luxurious projects in Noida, people are making a beeline for Noida." Ashwani Prakash, the execu- tive director of Paramount Group, says: "Golfforeste is one of our prestigious projects. It is on a 130-metrewide road near the 6-lane FNG express- way and is over 104 acres." Luxury homes new buzzword in Noida In recent times, Noida has seen a rise in the demand for luxury homes, says ET Realty NEWLY built 3BHK Duplex "Veronica Villa" on S.D.Road Campus of 11 no's dwellings. Round the clock Security. Mob: 9412052290/9811208510. "www.veronicavilla.in" BULK Agri. Land in Shiv- puri(MP) Near NH-76, Black Soil Fertile Land 135Acre Min 11.5 Acre @1.60Lac per Acre # 9871148431,9958583441 RDY to move/ booking Studio Apptt., 1/2 BHK flats Rs.8-20L, Cottages 2/3/4 BHK Rs. 35-50Lac, Plot 13L/Nali at Shamkhait, Ghorakhal Bha- wali. 9999871413,9650596500/1 8000 SQFT (888 SQYD) Land or Building at Mohabbewala in Dehradun on Delhi High- way Available on Rent Cont: 09837020708 MNC'S/ Embassies require Flats/ Houses/ Bungalows/ Multistoreyed Apartments in South Delhi/Gurgaon/Noida # 29843023, 29835170, 29835250 V.VIHAR 1700 SQFT FF BASANT LOK MKT BEST LOCATION I deal- F ine D ine/ P ub. SELLVELL9811022267 NFC. 3BHK Builders Flat SF with lift 1600Sq.ft S.Qtr prkg Security Unfurn@45k Semi firm@70K personal lease@ Sondhi: 9818526318,41627321 FOR Rent: Commercial Space 850 sq feet at Nipun Plaza, Ist Floor, Sector-4, Vaishali, Ghaziabad, Con- tact: 09873712888, 09873902188 CP OFF.SPACE 6500FT BARAKHAMBA RD SF, Front Wing, Main Rd Semi Furn. @RS 150/- FT. SELLVELL 9811022267 REAL E I For advertising and booking details call 011-23302351 , 23302352 or 41 666 888 GUEST HOUSE Fully Furnished 15 Rooms Available for NCiAMines Pow Backup. In DLF PIi1V Near IGI Airport Cont. Owner : 9810110204 9810425520 FOR LEASE at Sector 64 Noida CII C Centrally Air.condiho ed with 1OO Power Back.up, UPS Elevator, Cafeteii ‘itortsbitoesCabins, CoatoreiiceRoom Reserved Basement Parking. Fire & Security Systems. Floors - Basement I Ground ! First I Second/Terrace - Each Floor Plate 1O,0000sqft IIn rA r fl fllVI nft 1200 Sq. yards Industrial plot with built-up area 38000 sq.ft. (appox.) in 4 Levels. Suitable for M.N C’s.. Warehousing . Serv i ce Stat i ons , Banquet etc. Excellent l ocat i on si tuated i n Naraina Indu strial Area , Phase-i. PARTIES/DEALERS interested can contact us on ura[email protected] m WALK-IN TO BOOK YOUR CLASSIFIED ADVERTISEMENTS TIMES HOUSE 7, Bahadur Shah Zafar Marg Tel: 23302301, 23302683, 23302351/52/53 Fax : 011- 23492027 WEST DELHI 23A , Najafgarh Road Nr . Moti Nagar Police Station Tel: 25928159; 25928685, 25928033 Fax: 25928696 NOIDA The Times of India Plot No.6 , Sector-i 6-A , Fil mcity, Noida- 201301 Tel :01 20-6636444 , 6636333, 6636222 GURGAON Vatika mangle, SushantLok -i , Gr. Floor MG. Road, Gurgaon (Haryana) Tel: 0124-4068041/ 47 Fax: 0124- 4066048 FARI DABAD 50/ 7A, Bungalow Road, N.l.T. Faridabad (Haryana) Tel: 0129-2411691/1793/ 8492 Fax: 0129- 2418491 GHAZIA BAD C-76 , First Floor , Rajnagar Distt . Centre, Rajnagar Ghaziabad (UP), Tel: 0120-4113009/4113001-8 Fax: 0120- 4113007 PAN I P ATAT Kamal Cinema Complex, Near Sanjay Ghowk, 0.1. Road, Panipat -132103 Tel :0180-4017394 TIMESCLASSIFIED For booking and details please call our 24x7 talobo oldng number: 8130 666 888 or 41 666 888 TIMESCLASSI F I ED NATURE GREENS MINI FARMS Gated Project on NH -3 (A.B Road] With Guest House, EIectricit Water , 30’ Wide Roads, Boundary, 24hr. Security @ 500/- per Sq.Yd Size 500, l000sq.yd ..:‘ The Arora Group SINCE 1947 Experience the plus .r r y y.y. w r.V.Y W31359111U SALE ! COLLABORATIO 11 Acres Prime Land I CLU Notified Appropriate for Hotel (Resort) lMaIl ICommercial! Residential ! Specialty Hospital More than 340 ft. Frontage on NH-25 (6 Lane), Near Non Resident Or H,nnachaI Lan Also buy SUYtK ULLUAt tLA t DRIVE-IN PARKING FACIUTY w. - . Contact :- O.P. Sahni Mob. : 098160-20744 HOTEL FOR SALE Mob. 9582951194 4 Sta r Running Prime Location al MUSSOORIE @40 crore (Negotiable) Genuine Buyer Please Contact for More More Details I TOLET gupta .devinder@gmail .com 9910006542 .011-29210431 25 , 600 sqft (4 , 500, 8, 500 & 12, 500 sqtt) * Centrally located (near (near NH-24) * On 30 mtr. Wide Road * Completely Furnished with AC * 100% Power Backup * Captive Parldng Offered * Complete Security AVAILABLE FOR LEASE Furnished Air Conditioned Space between 2000 sq f tto 20000 sq ft i n prime South Delhi with 1 OO% Power Back up, in house parking, ready to move in suitable for MNC I IT Companies for 24 hour operatio n with Ware Housing Space ! Car Showroom/Super Market. Contact: 9810027702 9811033196 9810 5 29514 Gurgaon (Factory) Adjoining NH8-only 2 KM from Delhi. Gurgoan Toll Plaza Near Trident Hotel Plot Area = 4003 sq. yds. RCC Structure of 42, 000 sq. Ft. Extendable further by 30, 000 sq. Ft. One Goods Lift One Passenger lift Power Backup available 100% Vastu Friendly Call Direct: 0971191 8954 -55 COMMERCIAL SPACE _.1.LpI t1% .t iit np Con ta Ct: 9 9 5 8 9 917 5 9 delhipropertymart gmai l . com IT ±± ITES on Lease Ar ea 11010 S .Ft. Each Floor G.F + F.F + S.F Furo ished I Semi Furnished BRAND NEW BUILDING C-142 . Sec-63. NOIDA Near Trident i Oberoi s Area 2100 Sq.Ft. Each Fla.rs L.C.F + C.F + FJ + S.F 354 , U.V. Ph-Il , GU RGAA OPJ Readers are recommended to make appropriate enquires and seek appropriate advice before TI j ES sending money, incurring any expenses , acting on medical recommendations or entering into any commitment in relation to any advertisement published in this publication. The Times Of India Group doesn’t vouch for any claims made by the Advertisers of products and services. The Printer, Publisher, Editor, and Owners of The TImes Of India Group publications shall not be held liable for any consequences , in the event such claims are not honoured by theAdvertisers.

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VIVEK SHUKLA

Most of us dream of owninga house one day, and we donot mind stretching our

resources to buy one. Yet, moreoften than not, a majority of ushardly spend time in keepingtrack of the construction of ourhouses. Also, we hardly interactwith either the architect or thebuilder - either of our own inde-pendent houses or the apartmentwhere we have booked our flats -during the construction period.

Another blemish - while buildingour houses, we hardly notice the

special needs of the left-handedmembers in our family.

Make it a point to meet the archi-tect along with the engineer everyweek to review the progress ofwork. You must ask them for thework planned for the comingweek. You should also ask for therequirements from your end forthe next week. It goes without say-ing that by doing this you canavoid a lot of unplanned decisions.

"If you are lucky enough to makeyour own independent house, thefirst thing you must do is inspectyour site when it is getting markedfor the dimensions. Remember,any encroachment or deviationmay put you in a spot and you mayface litigation," Azmal Zaheer, anarchitect at a Delhibased architec-ture firm says. "You must see to itthat the marking is as per theapproved plan only. And when youreach the stage of lintel construc-tion, give enough attention to theelectrical points, and plumbingpoints," he says.

Experts say that unexpectedproblems always emerge duringthe construction work. "Home-builders keep changing their mindabout a particular feature or roomat some point midconstruction,

which can delay and escalatecosts," Sanjay Khanna, director ofKailash Nath Projects Pvt Ltd,says. "Keeping this in mind, expectthe unexpected and set aside anadditional 10-15% of your budgetto deal with these surprise costs,"he says. And do you know thatbricks used in the constructionwork have to be fully wet? Youhave to ensure that the bricksmust be kept immersed in waterbefore they are used for construc-tion.

And remember, when the roof isto be cast, you must get along anexpert in the construction busi-ness, in order to check for the iron

and steel usedfor centring andthe bamboosused for support.The expert mustbe present whenthe concrete isbeing preparedto check the pro-portion of sand,cement, stoneand water.

Turning to the construction siteagain, when the plastering workstarts, you must ask for the draw-ings from the architect, review itand then pass it on to the engineer.Don't allow the architect to pass onthe drawing directly to the engineer.

This is a very crucial period andseveral aspects like fixing of wash-ing slab, a sink outside, a gardentap may miss your attention due tothe urgency. As this is a criticaltime, you must remain in touchwith the key members of the con-struction team who are involved inplumbing, carpentry, masonry andelectrical fittings. Once you reachthe stage for fittings in your brand-new home, the architect and theengineer will give you many sug-gestions. You are not duty-boundto accept their suggestions.

ET Realty 19F R I DAY | 6 A P R I L 2 0 1 2

A K TIWARY

The Master Plan of Delhi2021 has been in forcesince 2007. Once this is re-

implemented with the new landdevelopment policy, Delhi willalso offer options to thousands ofhomebuyers. The capital city hasstill 27,628.9 hectares of land tofulfil the dreams of thousand ofhomebuyers.

The DDA (Delhi DevelopmentAuthority) has earmarked landat Zone J, K1, K2, M, N, L, O, P1and P2 for raising residentialprojects. According to the projec-tions in the master plan, nearly24 lakh residential units arerequired for an estimated 23 mil-lion people by 2021.

According to the master plan,Delhi will be slum-free in thenext 10 years by providing reha-bilitation packages (built-uphouses with all civic facilities) toslum dwellers. For this DDA hasidentified 23 sites (slum areas)for rehabilitation. The masterplan of Delhi includes chapterslike regional and sub-regionalframe, population and employ-ment, Delhi urban area 2021,social and physical infrastruc-ture, mixed land-use regulations,development code and planreview and monitoring.

The master plan 2021 has allo-cated 277 sq km for future urban-ization by 2021. In the last fiftyyears, DDA has acquired75,609.84 hectares and developedit for residential, recreational,commercial and institutionalpurposes.

Now, with better and holisticplanning, DDA intends to set newrecords and provide more ameni-ties to people. Delhi is spreadover 1,483 sq km and divided into17 planning zones: 1,159 hectarein Zone-A (Old City); 2,304hectare in Zone-B (City Exten-sion and Karol Bagh); 3,959hectare in Planning Zone-C (CivilLines); 6,855 hectares in Zone D(New Delhi); 8,797 hectares inPlanning Zone-E (East Delhi);

11,958 hectares in Zone-F (SouthDelhi I); 11,865 hectares in Plan-ning Zone-G (West Delhi I); 5,677hectares in Zone-H (North-WestDelhi I); 15,178 hectares in Zone-J(South Delhi II); 5,782 hectares inZone K-I (West Delhi II) and 6,408hectares in Zone K-II Dwarka;22,840 hectares in Zone-L (WestDelhi III); 5,073 hectares in Zone-M (North West Delhi II); 13,975hectares in Zone-N (North WestDelhi III); 80,70 hectares in Zone-O (River Yamuna-River Front);9,866 hectares in Zone P-I(Narela) and 8,534 hectares inZone P-II (North Delhi).

Ram Gopal Gupta, a policymaker and city planner, says: "Inthe last 40 years, DDA construct-ed only 3.5 lakh flats. However,these did not suffice even for 1%of Delhi's population. Due to lackof housing facilities in Delhi, 10lakh people are dependent onnearby sates and metro cities inthe NCR belt. According torecords, DDA was constructing10,000 flats every year 15 yearsago, while in the last 10 years itmanaged to build 54,000 flats.

Today, DDA is not in a position toconstruct even 5,000 flats a year.The dramatic growth in Delhi'spopulation has led to congestionsand shortages of civic amenities.One of the main causes for thisspurt in population is the migra-tion of people into the city fromBihar, UP, Punjab, J&K, WestBengal, Orissa, etc."

Solution Today, the NCR cities are bestsuited to take the burden ofhousing from the national capi-

tal. The NCR has a total area of33,578 sq km and includes partsof three states, Haryana,Rajasthan, and Uttar Pradesh,with Delhi as a full state.

The NCR is also characterizedby the presence of ecologicallysensitive areas like the extensionof the Aravali ridge, forests, wildlife and bird sanctuaries; theriver systems of Yamuna andHindon, and is a dynamic rural-urban admixture.

Sub-regions of NCR The Haryana sub-region com-prises nine districts: Faridabad,Gurgaon, Mewat, Rohtak, Soni-pat, Rewari, Jhajjar, Panipat andPalwal, together constitutingabout 40% of the region.

The Uttar Pradesh sub-regioncomprises five districts: Meerut,Ghaziabad, Gautam Budh Nagar,Bulandshahr, and Baghpat,together constituting about 32%(10,853 sq km) of the region.

The Rajasthan sub-region com-prises Alwar district and consti-tutes about 23% (7,829 sq km) ofthe region. The NCT (National

Capital Territory) of Delhi con-stitutes about 5% (1,483 sq km) ofthe region.

Development In recent times, there has been atremendous growth of Delhi andthe NCR in terms of infrastruc-tural developments and with theadvent of major realty playerslike DLF, Ansal API, Ansal Hous-ing, Unitech, BPTP,Amrapali,Supertech, Gaursons, Assotech,Parsvnath, Ashiana, TDI,Anantraj Group, Omaxe, JP,Antriksh, etc, the areas havebeen much in news. Areas likeGurgaon, Noida, Greater Noida,Manesar, Faridabad, East DelhiExtension, etc, have been theareas fulfilling the housing needsof millions of people who live inand around Delhi. With the pres-sure of increasing population,unavailability of land, and lower-ing of water table, etc, developersare migrating to new places inthe NCR to raise residential andcommercial projects.

Rehabilitation scheme for slumdwellers A novel project proposed byDDA, the "in situ" rehabilitationscheme, moves away from theagency's previous model of shift-ing slumdwellers to the city'sfringes as part of rehabilitationpackage. For this, DDA hasindentified 23 sites (slum areas).Consultants have already beenappointed for 13 sites.

The Kathputli colony nearShadipur Depot of North Delhihas been taken up in first phase.Tenders will also be floated forthe other 22 identified sites.Raheja Developers has beenawarded the first of its kind, insitu slum re-development projectover 5.22 hectares at Kathputlicolony by DDA. The projectenvisages construction of 2,800EWS units (with built-up area 30sq metres per unit) with commu-nity facilities like a multi-pur-pose hall, Basti Vikas Kendra, ahealth centre, a Sishu Vatika, etc.

Arabtec, the firm which builtBurj Khalifa in Dubai, will con-struct these 2,800 EWS housesand also the commercial complexunder the slum redevelopmentpublic-private partnership proj-ect between Raheja Developersand DDA, in a time-bound con-tract of two years.

Delhi's urban landscape by 2021The Master Plan 2021 has allocated 277 sq km for future urbanization in Delhi

by 2021, says ET Realty

QUICK BYTES

In the last 50 years, DDA has

acquired 75,609.84 hectares

and developed it for

residential, recreational,

commercial and institutional

purposes

The DDA has earmarked land

at Zone J, K1, K2, M, N, l, O,

P1 and P2 for raising

residential projects

MONITOR THE

CONSTRUCTION!ET Realty cautions against the neglect of

on-site supervision during the

construction of our houses

Inspect your

site when it is

getting marked

for the

dimensions.

Any

encroachment

or deviation

may put you in

a spot

PUNITA

Each person has a defini-tion of 'luxury', depend-ing on his or her social

status and lifestyle. Thus, de-velopers cater to a wide varietyof demands, even within the'luxury homes' segment.

In recent times, Noida-Greater Noida and Ghaziabadhave seen an upsurge in the de-mand for luxury homes. Withhigher disposable incomes, theconfidence is visible not justamong buyers, but also amongsellers.

Taking a cue, several buildersin the NCR have begun devel-oping better and larger 'luxu-rious homes'. Gardenia Grouphas launched Golf City andGardenia Gateway in Sector75; Gardenia Glory in Sector 46and Gardenia Grace in Sector61 in Noida. The GardeniaGroup has committed to deliv-er over 4,000 dwelling units innext two-three years.

The Antriksh Group haslaunched Antriksh Forest inSector 77, Antriksh Golf View1 and Golf View 2 in Sector 78,Antriksh Nature in Sector 52and Antriksh Green in Sector50, in Noida. Antriksh Natureand Antriksh Green are near-ly complete, while AntrikshForest and Golf View are un-der construction.

Amrapali Sapphire in Sector45, a premium project ofAmrapali Group has beenlaunched in two phases; phaseone is being built at a cost of Rs

275 crore and is over 10 acres.Amrapali Group is poised todeliver over 1,100 houses inthese two phases.

Supertech Group haslaunched a unique circular-shaped residential project,ORB, in Sector 76, Noida. Theproject has been mastermind-ed by Bollywood star TwinkleKhanna. Prateek Group haslaunched a luxurious residen-tial project, Prateek Stylome,in Sector 45, Noida. JMHousing Ltd's JM Orchid inSector 76 and Grand AjnaraHeritage in Sector 74 are someof the other luxury develop-ments in Noida. It is on a 130-metre-wide road near the 6-lane FNG expressway and isover 104 acres

Anil Sharma, the chairmanand managing director ofAmrapali Group, says: "Today,Noida is the hub of develop-ment with most of the devel-opers in the Delhi NCR activehere. The development is theresult of a robust demand andthe availability of houses invarious categories and priceranges. Luxury is surely thenew buzzword in Noida."

Rakesh Yadav, the managingdirector of Antriksh Group,says: "Antriksh Golf View inSector 78 presents dreamapartments for buyers, whichinclude 2- and 3BHK, at rea-sonable prices. There has beenan increase in investments inNoida, Greater Noida andGhaziabad owing to the in-creased urbanization of theseareas."

Manoj Rai, the chairman of

Gardenia Group, says: "Onceagain, the real estate sector ison a boom and builders are notlagging in luring customerswith attractive announce-ments. Since the time theNoida Expressway become op-erational, the real estatearound the stretch has seen atremendous response." R KArora, the chairman and man-aging director of SupertechGroup, says: "ORB is a part ofour 50 acre integrated town-ship project, which will com-prise 3- and 4BHK apartments.Units are in the range of 2,215sq ft to 4,270 sq ft. The projecthas been innovatively de-signed for maximum interiorspace and 180 degree view."

"Our project, KaamnaGreens, will not only elevatethe lifestyle but will protect lifeby being a state-of-the-artearthquake- resistant residen-tial project complying withearthquake Zone 4 regula-tions," Gurinder Singh Sikka,chairman and managing di-rector of Sikka Group, says.Prashant Tiwari, the manag-ing director of Prateek Group,says: "Previously, people whowanted to purchase luxurioushomes used to move towardsGurgaon but with the develop-ment of luxurious projects inNoida, people are making abeeline for Noida."

Ashwani Prakash, the execu-tive director of ParamountGroup, says: "Golfforeste is oneof our prestigious projects. Itis on a 130-metrewide roadnear the 6-lane FNG express-way and is over 104 acres."

Luxury homes newbuzzword in NoidaIn recent times, Noida has seen a rise in the demand for

luxury homes, says ET Realty

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Readers are recommended to make appropriate����� enquires and seek appropriate advice before

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medical recommendations or entering into anycommitment in relation to any advertisementpublished in this publication. The Times Of IndiaGroup doesn’t vouch for any claims made by theAdvertisers of products and services. The Printer,Publisher, Editor, and Owners of The TImes Of IndiaGroup publications shall not be held liable for anyconsequences , in the event such claims are nothonoured by theAdvertisers.

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