No Comments

Gurugram: Suncity residents struggle to get rainwater pits operational

The residents complained that the Municipal Corporation of Gurgaon (MCG) had initiated the construction of four RWH pits in the colony in September 2019, but the contractor left the work mid-way which is causing a lot inconvenience for them.

GURUGRAM: At a time when depleting underground water is a major concern in the city, residents of Suncity are struggling to get four rainwater harvesting pits (RWH) operational since last one year.

The residents complained that the Municipal Corporation of Gurgaon (MCG) had initiated the construction of four RWH pits in the colony in September 2019, but the contractor left the work mid-way which is causing a lot inconvenience for them. They alleged that several complaints have been made to the concerned officials, but it has fallen on deaf ears.

Kusum Sharma, a member of the RWA said, “The contractor has left the work unfinished and since then we are trying to get this completed. Two half constructed RWH pits are in the greenbelt area and the rest is in two parks of the colony. This is really sad that on one hand the administration is creating awareness of the RWH and spreading the word to conserve water but on the other hand the reality is very much different. We are wasting precious rain water around 10 lakh litres.”

MCG took over Suncity Township in April 2019. The residents complained that the huge dug pits are left open which could pose serious risk to their safety, especially children playing in the park. Besides, the stagnated water in the pits has also become a breeding ground of mosquitoes, the residents said.

Source https://realty.economictimes.indiatimes. com/

No Comments

Infrastructure work hit, takeover of DLF areas delayed: Gurugram civic body

“As the lockdown restrictions eases, we will call a meeting of the MCG officials and DLF to review the status of work done for the handover and will then set a fresh deadline,” said Hariom Attri, joint commissioner-3, MCG.

GURUGRAM: The Municipal Corporation of Gurgaon (MCG) has decided to extend the deadline set for DLF to complete the pending civic infrastructure work in DLF-1, 2 and 3 for their handover to the corporation.

“The deadline will be extended since there is shortage of manpower. No work was done in the last two months due to lockdown. As the lockdown restrictions eases, we will call a meeting of the MCG officials and DLF to review the status of work done for the handover and will then set a fresh deadline,” said Hariom Attri, joint commissioner-3, MCG.

In the meeting held in February, DLF had submitted a tentative timeline to complete the pending work between July and December.

However, the MCG officials found the timeline too long and had set a deadline of June 30.

“Around 70% to 80% of the work, related to roads have been completed in the DLF-1 and 2. This was the status before the lockdown was implemented. However, a majority of work is still pending in the DLF-3. We have not yet been able to convene a meeting and discuss the takeover,” said a senior MCG official.

DLF officials did not comment on the matter.

The takeover of DLF-1, 2 and 3 was announced by chief minister Manohar Lal Khattar in 2016.

No Comments

DLF Gurgaon leases 3 lakh sq ft office space in Gurugram :- DLF Downtown

Real estate firm DLF NSE 2.90 % has leased nearly 300,000 sq ft office space to three companies in Gurgaon at a time when the Covid-19 pandemic has slowed down commercial deals, said two people aware of the development.

The corporate has leased 180,000 sq ft house to Microsoft, 40,000 sq ft to Morepen and one other 80,000 sq ft to an undisclosed world information administration firm.

Majority of the house has been taken at DLF Downtown, an upcoming venture in Gurgaon.

“The leasing is a part of these corporations’ growth plan as soon as the present Covid-19 state of affairs stabilises. The constructing the place house has been taken is below building and is predicted to be prepared by December 2021,” mentioned a property marketing consultant, who didn’t want to be recognized.

Sriram Khattar, managing director of DLF Rental Enterprise, mentioned the corporate is not going to touch upon particular person offers.

Microsoft and Morepen didn’t reply to queries emailed by ET.

Earlier this yr, DLF had leased 210,000 sq ft of workplace house to US healthcare firm Syneos Well being, in one of many largest offers in industrial actual property in Delhi-Nationwide Capital Area (NCR) in latest months. The corporate had additionally taken house in DLF Downtown.

The primary section of the venture – being developed below DLF Cyber Metropolis Builders, a three way partnership between DLF and GIC, with leasable space of 1.5 million sq ft – is predicted to change into operational by December 2021.

The workplace house leasing in Delhi-NCR witnessed a internet absorption enhance of 5% quarter-on-quarter in January-March, with 1.07 million sq ft, in keeping with a report by worldwide property marketing consultant JLL.

“Delhi-NCR continues to be a vibrant location for the workplace market, with well-established submarkets and corridors,” mentioned Manish Aggarwal, managing director, Delhi-NCR, JLL India. “Whereas Gurgaon and Noida have taken the lead by way of improvement and infrastructure, town itself continues to stay a extremely most well-liked location. In whole, eight initiatives totalling 4 million sq ft had been added to the inventory, which stood at 129 million sq ft on the finish of the quarter.”



Source -economictimes.indiatimes.com

No Comments

Developers Focus on Low-Rise Development in Gurgaon, Faridabad

Gurgaon and Faridabad will see an investment of nearly Rs 7,000 crore in construction of independent floors as many developers plan to focus on low-rise buildings following the launch of a government scheme.

Developers including DLF, M3M, Birla Estates, BPTP, Trehan Group and ILC group have applied for the licence under the Haryana government’s Deen Dayal Jan Awas Yojna (DDJAY), which allows developers to construct up to four floors and sell them independently.

“Gurgaon has always focused on luxury housing, with nothing much to offer to people looking for below Rs 2 crore property. With about 20,000 independent floors on offer in next one year by these developers, Gurgaon will offer properties in mid-segment also, as these independent floors will be available in the range of Rs 50 lakh to Rs 1.75 crore,” said Anckur Srivasttava, chairman, GenReal Property Advisers.

Developers say high-rises take five-seven years to monetise and that amid the ongoing liquidity crisis, the real estate sector is looking for quick monetisation of assets.

“However, developers need to be careful as there could be an oversupply. It will not be a cakewalk and the developer has to target the right buyer. In Gurgaon, people were unable to take the credit link subsidy scheme, so developers offering a floor within Rs 45 lakh will attract buyers,” said Srivasttava.

DLF, the country’s largest real estate developer, had said in its quarterly that it planned low-rise developments including independent floors and plotted developments in some parts of Gurgaon.

Of the total upcoming planned development, 44% will be plotted and low-rise.

“We have planned independent floors at three locations in Gurgaon and Faridabad with an investment of Rs 500 crore,” said Amit Raj Jain, senior vice president, BPTP.

Real estate developer M3M plans to invest Rs 4,000 crore in developing 10,000 units in various locations in Rs 60 lakh-1.75 crore price range.

Trehan Group plans to invest Rs 150 crore in developing 1,000 units.

“For a developer, monetising high-rises takes a lot of time and effort. With the attractive scheme of Haryana government, where it offers rebates in developing independent floors, it makes sense to go for low-rise development,” said Abhishek Trehan, executive director, Trehan Group.

Experts said the government scheme and multiple builders offering competitive priced flats would help curb unauthorised construction too.

“In the next two years, independent floors will dominate the real estate market and developers will keep on offering better projects and amenities to lure the customers, keeping in mind the need and desire of the end users,” said Ashish Thapar, managing director, T and T Realty Services.

According to property consultants, independent floors will account for 75% of the total launches in Gurgaon, while it used to account for less than 10% earlier.

Some developers are even converting the group housing licence to DDJAY.

“We have applied for licence change after seeing the demand for floors. We have planned a township of plotted developments and are acquiring more land. We plan to invest Rs 100 crore in the construction of 600 units,” said Rehan Huck, vice president – retail, ILC Group.

Source :https;//economictimes.indiatimes,com/

No Comments

Gurugram: Notices to 35 owners in DLF-5, Sushant Lok-1 over violations

The department of town and country planning has granted one week’s time to the property owners to clarify their situation failing which a sealing and demolition drive will be carried out against them.

GURUGRAM: Twelve residential properties in DLF-5 were served notices for running commercial activities like saloons, clinics, property dealer offices and grocery shops in violation of the rules.

Another 23 notices have been issued to residential property owners in Sushant Lok-1 who have made violations by doing addition and alterations after obtaining Occupation Certificates.

The department of town and country planning has granted one week’s time to the property owners to clarify their situation failing which a sealing and demolition drive will be carried out against them.

District town planner RS Batth said the property owners in DLF-5 might be paying commercial taxes to the civic body but this does not entitle them to change the nature of plot from residential to commercial, as it is a gross violation of sanctioned layout of colony as well as the OCs issued to them. Batth said if the property owners failed to restore the violations, the department will not only seal or demolish the violations but also lodge a police complaint against the owners.

“Many residential buildings are being used to run commercial activities, causing loss to the state exchequer to the tune of several crores every year. As per rules, commercial activities are not allowed in residential areas, be it licensed colonies that come under DTCP or plots in sectors falling under Haryana Shahari Vikas Pradhikaran (HSVP),” he said.

Last year in December the DTP had proposed around 10 times the existing fee for desealing of properties found running illegal commercial activities and violating building plan in licensed colonies. The department had also proposed huge penalty for the property owners, who carry out unauthorised construction or excess coverage then the prescribed floor area ratio (FAR).

Source https;//realty.economictimes.indiatimes,com/

No Comments

Some don’t pay upkeep fee, maintenance hit: Mayfield Garden residents

The society has around 400 flats, out of which over 50% people are not paying maintenance at present, according to the RWA. Water supply was discontinued a few days back and it was restored only when some of the residents came forward and pooled in some money.

GURUGRAM: Disputes between various groups of residents and non-payment of maintenance charges has emerged as a major problem in several housing societies of Gurgaon, causing disruption of essential services. J-Block of Mayfield Garden in Sector 51 is one such society. The society has around 400 flats, out of which over 50% people are not paying maintenance at present, according to the RWA.

Water supply was discontinued a few days back and it was restored only when some of the residents came forward and pooled in some money. The society’s water and electricity bill dues amount to lakhs. “Those paying maintenance charges regularly have to face problems because of non-payers,” said Ashok Gulia, former president of J-Block RWA.

Commander Satyavir Singh (retd), resident of Mapsko Casa Bella in Sector 82, said delay in payments of maintenance is directly affecting services in their society too. “People like us who are paying it timely suffer if few residents don’t pay on time,” he said. AK Singh, president and CEO of maintenance company Enviro — which is in charge of maintenance of several residential societies in the city — said non-payment of maintenance charges is a big hindrance which impacts quality living.

“Long delays in the payment of maintenance fee is a major obstacle which impacts the overall operations and maintenance of any realty project,” said Rahul Singla, director of Mapsko Group.

Source https://realty.economictimes.indiatimes. com/

No Comments

Haryana government asks co-operative societies to put records online

The cooperation department has appealed to the members of the registered housing societies to submit their data for verification by the office of the assistant registrar of cooperative societies.

GURUGRAM: To reduce the number of fraud cases in property purchases, the Haryana government has decided that all records of the housing cooperative societies in the state will be taken online.

The cooperation department has appealed to the members of the registered housing societies to submit their data for verification by the office of the assistant registrar of cooperative societies.

On Wednesday, the additional chief secretary (cooperation department) Sanjeev Kaushal has directed all the registrars in the district and management committees of the housing societies to upload the data on the web portal and finish the verification process at the earliest. The department has argued that it will also help in bringing transparency in the functioning of the societies and help fix accountability.

As per the orders, the members of the cooperative group housing societies will submit their data, including names, ownership documents, photographs, conveyance deeds, to the management committee, which in turn will forward it to the office of assistant registrar of cooperative societies. Thereafter, the data will be uploaded on the portal and a verification process will be initiated by the department.

In December last year, the department had issued a similar circular and this is the third such direction in the past two years.

“The process is very simple and hassle-free and in case people face any issues, they can approach the office of the assistant registrar,” said an official. There are 302 group housing and house building societies in the district and data of over 220 societies have already been uploaded online.

“So far, we have uploaded the data of around 221 societies on the portal. They have been verified and data has been frozen,” said deputy registrar of cooperative societies Satish Rohila, who is in charge of overseeing the exercise in Gurgaon, Faridabad, Palwal, Rewari, and Nuh.

Source realty.economictimes.indiatimes. com

ENQUIRE NOW