Latest Real Estate News on 'Faridabad'


Gurgaon, Faridabad ammo depots case

Comments Off on Gurgaon, Faridabad ammo depots case   |  October 24, 2013

HC slaps Rs 10,000 fine on state
Tribune News Service

Chandigarh, October 22
Failure to file reply has cost Haryana dear in the Gurgaon and Faridabad ammunition depots case. The Punjab and Haryana High Court has slapped a penalty of Rs 10,000 on the state for not filing its reply.

The High Court also asked the authorities concerned to file minutes of meeting on the issue. The Bench was told that the ammunition depots in Gurgaon and Faridabad could not be shifted.

The High Court has already rejected the pleas for electricity and water meter connections for houses constructed in the restricted 900-metre zone around the IAF ammunition depot in Gurgaon.

The orders came during the resumed hearing of an ongoing petition filed in public interest against encroachments in prohibited zones around the IAF stations in Gurgaon and Faridabad.

Appearing before the High Court, some residents, who had constructed houses in the prohibited zone near the IAF’s ammunition depot, sought directions to the authorities concerned to provide them with power connections on the ground of right to equality.

They argued that a large number of residents, who had raised constructions in the restricted zone, have already been granted electricity and water connections. But, now the authorities have refused to grant them the facility.

Counsel for the Union of India, Onkar Singh Batalvi, told the Bench that encroachments in the prohibited zones in Gurgaon and Faridabad had been removed.

The matter had reached the High Court after a public interest litigation was filed by Suersh Goyal of Faridabad. He was seeking removal of constructions from the 100-metre area around IAF Station, Dabua, in Faridabad, as it was a protected zone under the Work of Defence Act. The High Court had also taken cognizance of a similar matter of on the construction activities within the restricted 900-metre zone in Gurgaon.



Failed Haryana SEZs set to become lucrative realty projects, Ansal Properties, Parsvnath in list

Comments Off on Failed Haryana SEZs set to become lucrative realty projects, Ansal Properties, Parsvnath in list   |  September 17, 2013

Real estate giants and multinational firms which bought hundreds of acres of land in Haryana to set up Special Economic Zones (SEZs) but could not do so, have been given another chance to put it to use.

The state government has decided to denotify such SEZs and allow the blocked land to be used for other purposes. As a result, nearly two dozen projects — many of them in the lucrative real estate markets of Gurgaon and Faridabad — are expected to be converted into residential and commercial properties.

Haryana had over the years notified 35 SEZs, of which only six have so far been set up. The state government says another seven are likely to be completed, and the remaining 22 are being denotified and will be allowed change of land use.

The 22 include projects promoted by Uppal Housing, Ansal Properties & Infrastructure Ltd, Parsvnath Developers Ltd, Raheja Haryana SEZ Developers and Ascendant Estates.

Although most of the 35 SEZs were notified to focus on information technology and IT-enabled services, many of them were promoted by real estate giants who will now benefit from a change in land use. Documents accessed by The Indian Express show that the largest number of these SEZs were notified between April 2007 and October 2009.

The state government had acquired an estimated 1,452 acres of land from farmers, much of it in Gurgaon and Faridabad, for the 35 projects.

But in May this year, the state cabinet approved the change of land use after it was found that promoters of a large number of SEZs were reluctant to go ahead with their projects.

Analysts said promoters of these projects were finding them financially unviable after the Central government amended the SEZ policy and introduced Minimum Alternate Tax for them in 2010-11. They were said to be looking for a bailout package and state government sources said many of these promoters had begun making enquiries to get change of land use for the SEZ land in their possession.

Haryana Industries Minister Randeep Singh Surjewala, however, claimed the land use change would still benefit the state.

“Haryana is one state in the country where a maximum number of SEZs have been set up. Six have already been set up, while seven SEZs are under implementation. The remaining shall be granted change of land use,” he told The Indian Express.

“The barren land was as such not generating anything for us. I called a meeting of all SEZ promoters and told them that they should either come up with the SEZs or get the land use converted. This change will not only generate industry but also bring in lots of employment to the state,” he said.

http://www.financialexpress.com/news/failed-haryana-sezs-set-to-become-lucrative-realty-projects-ansal-properties-parsvnath-in-list/1165490/0



Gurgaon, Faridabad among 31 over-exploited areas

Comments Off on Gurgaon, Faridabad among 31 over-exploited areas   |  September 14, 2013

TNS

Chandigarh, September 2
The large-scale urbanisation has taken its toll on the groundwater resources in the districts falling in the National Capital Region (NCR) of Haryana. While painting a gloomy picture on the exploitation of groundwater, the Central Ground Water Board (CGWB) has termed 31 zones as “dark zones” (over-exploited areas). The millennium city Gurgaon has four areas, Gurgaon, Pataudi, Sohna and Farukhnagar, declared as the “dark zones”.

According to the CGWB report, Palwal, Hodel and Hassanpur zones in the Palwal district have been declared as “dark zones” while Tauru, Ferozepur and Zhirka are the included in the list in the Mewat district. Faridabad zone in Faridabad district is also in the “dark zone”.

In Panipat district, Bapoli, Israna, Madlauda, Panipat and Samalkha zones are in the over-exploitated category while Ganaur, Rai and Sonepat are in the category in Sonepat district. Nahar, Bawal, Rewari and Khol in Rewari district, Badra, Dadri-I, Kairu and Loharu in Bhiwani district and Ateli, Mahendragarh, Kanina, Nangal Chaudhary and Narnaul in Mahendragarh district are the other areas declared as “dark zones” by the board.

On the question of action against persons and institutions indulging in over-exploitation of groundwater, officials said the district magistrates had been appointed as the authorised officers for the enforcement of the regulatory directions under the Environment (Protection) Act, 1986. The district magistrates concerned have been authorised to take necessary actions such as seizure of drilling rigs, sealing of tube wells and discontinuation of electricity to the tube wells.



Competition Commission of India rules out abuse of dominance by realty firm BPTP

Comments Off on Competition Commission of India rules out abuse of dominance by realty firm BPTP   |  August 20, 2013

NEW DELHI: Fair trade regulator CCI has dismissed allegations of abuse of dominant market position against realty firm BPTP over residential flats in Faridabad.

In its order dated July 31, Competition Commission of India (CCI) said BPTP Ltd “prima facie, does not appear to be in a dominant position in the relevant market, there seems to be no question of abuse of its dominant position within the meaning of the provisions of… (Competition) Act”.

An individual in a complaint against BPTP, had alleged the firm of malpractices and abuse of its dominant position related to a residential unit he had booked in Faridabad, which was being developed by the company.

BPTP was alleged of unilaterally changing terms of an agreement, illegitimately demanding cost escalation charges and delaying possession, among others.

According to the regulator, the documents submitted by the complainant did not substantiate his case.

“The draft red herring prospectus gives an overview of the booming real estate industry to attract investors for Opposite Party’s (BPTP) public issue of equity shares,” CCI said.

“Self claim of being the ‘biggest’ or ‘No 1′ by companies do not amount to establishment of dominance as required under the Act,” CCI noted.

Moreover, the regulator noted that presence of other builders of repute in Faridabad showed “prevalence of competition”.

As per CCI norms, “dominant position means position of strength, enjoyed by an enterprise, in the relevant market, in India which enables it to operate independently of competitive forces or affect its competitors or consumers or the relevant market in its favour”.

http://economictimes.indiatimes.com/markets/real-estate/news/competition-commission-of-india-rules-out-abuse-of-dominance-by-realty-firm-bptp/articleshow/21620187.cms



DELAY IN DEPOSITING PLOT PRICE – HUDA told to decide case as per earlier policy

Comments Off on DELAY IN DEPOSITING PLOT PRICE – HUDA told to decide case as per earlier policy   |  July 8, 2013

Tribune News Service

Chandigarh, June 27
Admonishing HUDA for compelling the allottees to approach the courts on the issue of condoning delay in the initial payment of 15 per cent price, the Punjab and Haryana High Court has asked the authority to decide the matter in terms of earlier policy and decisions.

The ruling by Justice Satish Kumar Mittal and Justice Amol Rattan Singh came on a petition filed by Surender Kumar. Allotted a residential plot in Sector 62, Faridabad, in June, 2003, he deposited 10 per cent of the tentative price.

As much as 15 per cent of the total cost was to be deposited within 30 days from the issuance of the allotment letter. The HUDA Estate Officer cancelled the allotment as he could not deposit the amount within the stipulated period due to financial constraints following his mother’s ailment,

In his appeal before the HUDA Administrator, the petitioner said he was willing to pay 15 per cent amount along with interest and penalty. But the appeal was dismissed vide an order dated February 27, 2004.

His revision petition was disposed of by the Financial Commissioner-cum-Principal Secretary, Town and Country Planning Department, in February, 2009, with a direction that his case be considered by the HUDA Chief Administrator as per the relevant policy and guidelines issued from time to time.

The petitioner contended that he was compelled to approach the “revisional authority” again after his claim was not considered. The “revisional authority” on May 25, 2011, observed that the petitioner had given a list of cases where the delay in making 15 per cent payment had been condoned for a period ranging from 156 days to 362 days.

It asserted a similar treatment should have been given to the petitioner; and the HUDA Chief Administrator should take a decision within 30 days as per the policy applicable at the time of allotment.

The petitioner added till date the direction had not been complied with. Taking up the matter, the Bench observed: “If the facts are correct, it is a matter of great concern. It has been observed by us that in many such cases, the allottees are being compelled to approach this court, when in spite of directions issued by the competent authority/court, officers of the HUDA are not taking action in accordance with law”.

The Bench disposed of the petition without issuing notice of motion to avoid delay with a direction to consider his case in terms of the directions issued by the “revisional authority”, earlier policy, and subsequent decisions “with regard to relaxation of payment of 15 per cent amount of the cost of residential and commercial plots”.



Free rides taking toll on Fbd eway

Comments Off on Free rides taking toll on Fbd eway   |  July 3, 2013

Revenue loss due to non-payment of toll, overloaded trucks damaging the road and the state government’s failure to provide land for the toll plaza expansion are the major issues that plague Haryana’s showcase toll road project — the Gurgaon-Faridabad expressway.

Despite a Supreme Court directive against overloading, trucks laden with heavy construction materials continue to move on the expressway unchecked.

The concessionaire firm, GF Toll Management, has not been able to install weighing machines due to unavailability of land, claimed officials, who are forced to operate out of a portacabin in absence of space.

Although there have been numerous dialogues between the firm and the state government, the twin issues of overloading and non-payment of toll continue to plague the project. Repeated complaints with the Haryana Public Works Department (PWD), which had awarded the project to the company, have fallen to deaf ears.

The firm’s parent company, Reliance Infrastructure, had even written to the Haryana chief minister highlighting issues such as refusal by local people to pay toll, manhandling of toll officials, overloading and damage to public property.

“Mob unrest in Gurgaon is not something new and incidents like these only weaken Haryana’s claims of being one of the most investment-friendly states of the country,” said a GF Toll Management official.

The surface of the newly constructed expressway is already showing signs of damage because of the huge traffic of overloaded trucks carrying material from stone crushers and mines located in the state and neighbouring Rajasthan.

Stones from the mining areas in Haryana and Rajasthan are carried to the nearby crusher zone and then transported to Delhi, Faridabad, Gurgaon, UP and the surrounding areas.

A company official alleged that commercial vehicles carrying around two times more than the stipulated load had prematurely damaged the road as it is designed to withstand pressure of only up to a certain level.

“It may be noted that load rating is primarily based on circulars issued by the ministry of road transport and highways. There are also trucks operating without valid registration numbers or papers, thereby posing threat to security,” he said.

The PWD officials, however, were not available for comment.

The operator of Gurgaon-Faridabad expressway had on Thursday alleged cop inaction in the recent vandalism cases at the Sohna toll plaza. “We had registered an FIR in the incident of attack on Sohna toll plaza in May. With regard to the last attack in June, I have directed the DCP (South) to look into the matter personally and call a meeting with the company officials,” said police commissioner Alok Mittal.

DCP (South) Rahul Sharma said that efforts were underway to reach an amicable solution to the problem. “We had asked the toll management firm to make their bouncers wear uniforms, because otherwise they look like goons in plain clothes. This misconception probably triggered tiffs between the truckers and the bouncers,” he said.

The company officials claimed that they had to hire bouncers following the recent attacks.

http://www.hindustantimes.com/India-news/gurgaon/Free-rides-taking-toll-on-Fbd-eway/Article1-1080475.aspx



मेट्रो के रास्ते से जल्द हटेंगे बिजली के तार

Comments Off on मेट्रो के रास्ते से जल्द हटेंगे बिजली के तार   |  June 30, 2013

Jun 19, 2013, 08.00AM IST
एनबीटी न्यूज ॥ फरीदाबाद : मेट्रो के रास्ते बाधाओं को दूर करने की दिशा में तेजी से काम किया जा रहा है। पेड़ों की कटाई के साथ ही बिजली के तारों को दूर करने की तैयारी चल रही है। अब सिर्फ 3 जगहों पर हाई वोल्टेज तारें आ रही हैं, जिन्हें जल्द से जल्द हटाने की बात अधिकारियों की ओर से कही जा रही है। संबंधित विभागों के साथ तालमेल कर मेट्रो अधिकारियों ने सीवर, पानी और टेलीफोन की लाइनों को शिफ्ट करने का काम पूरा कर लिया है। इसके साथ ही बिजली की 11 केवी और 33 केवी की लाइनों को शिफ्ट करने का काम पूरा कर लिया है। अब सिर्फ 220 केवी की बिजली की लाइनें बची हैं। ये तार बदरपुर के पास हाइवे के राइट साइड में, बुढि़या नाले के पास और वाईएमसीए चौक पर हैं। मेट्रो प्रवक्ता हिमांशु ने बताया कि मेट्रो कॉरिडोर के रास्ते में बिजली की तारों को शिफ्ट करने का काम दक्षिण हरियाणा बिजली वितरण निगम के अधिकारियों की देखरेख में किया जा रह है। बिजली विभाग के सहयोग के साथ बड़ी तारों को भी जल्द ही शिफ्ट कर दिया जाएगा।

http://navbharattimes.indiatimes.com/faridabad/metro-soon-deviate-from-the-path-of-the-electric-wire/articleshow/20651945.cms



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