Saturday, February 1, 2014
TIME 11:02 PM
Haryana industries and commerce minister Randeep Singh Surjewala on Sunday said that 50% of the 900 plots in industrial model township (IMT) being set up in Faridabad have been reserved for industrialists from Faridabad.
 Surjewala, who was addressing the annual general meeting of Faridabad Chamber of Commerce and Industries, said that the under construction metro rail project up to YMCA Chowk was likely to be extended up to Ballabgarh by the next assembly elections.

He said that the six laning of national highway-2 and construction of flyovers on it would cost `2,500 crore and these would be in Faridabad and Palwal districts. He said that the state highway from Faridabad to Gurgaon had been renovated along with repair of Ballabgarh-Sohna road. All such efforts would be beneficial for industrial development of the state and Badarpur flyover project is also a part of it.
Surjewala said that industries had played a significant role in bringing Haryana to first place in terms of development. Therefore, the state government would not leave any stone unturned to provide every possible facility to industrialists of the state.

On the demand put forth by the organisation to provide land for its office and auditorium, Surjewala assured to provide the same at a concessional rate.
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TIME 10:14 PM
Team PROP ZONE ready for your service to fulfill all your real estate needs !! 

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Thursday, January 30, 2014
TIME 10:48 PM

‘Metro to end Faridabad’s thirst’



Rainwater harvesting, so far ignored in this town, is likely to get a boost with the completion of the city’s Metro Rail Project. The project is likely to recharge underground water significantly and that is good news for this perennially thirsty city. Faridabad’s water requirement exceeds supply by around one billion litres.
Besides providing a smooth and ultramodern way of commuting, the Metro rail would also harvest water through a system installed at all railway stations and the project depot, District Town Planning Department sources reveal. Some 40 rainwater harvesting systems with multi-lakh litre capacity are proposed.
The idea is to prevent even a single drop of rainwater from going to waste. Faridabad citizens usually curse monsoon rains on account of flooded streets and waterlogged localities – if rainwater harvesting is implemented on a wide scale they will bless the rains instead.
As for the rainwater and the Metro, the calculations are like this: The Metro rail here would be 13.875 km long from Badarpur border to YMCA Chowk and will have 13 stations and one depot -cum workshop in Sector 20 here. “This is perhaps the largest project in terms of water harvesting as all the systems installed in various government and semi-government owned projects or buildings had much smaller systems or had been completely missing as the authorities had paid little attention to this issue,” claimed an official in the District Town Planning Department.
The Metro project will help to augment the supply by around two lakh litres, it is claimed.
“The water woes of this industrial city are as old as the city was itself,” remarked DP Sharma, a retired government official here. He said while the majority of the residential areas including the posh sectors of the city were mainly dependent on the rickety tubewell supply network, many of the areas were getting brackish water. The problem remained unsolved despite claims of the civic body to be working on the much anticipated Ranney well water project.
“Lack of adequate and potable water in the city has given birth to a water mafia and suppliers of packaged drinking water , which was worth several hundred crore each year,” said RK Gupta, a resident of Sector 7 here. Claiming that while the RO system and water supply companies were having a booming business, the civic body he said had ignored the rain water harvesting concept so far.
On other hand, Ramesh Bansal, the Executive Engineer of the Municipal Corporation Faridabad claimed that work on 493 crore water project was on and it was likely to make the city water surplus in a few months.
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Monday, January 27, 2014
TIME 11:22 PM
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https://www.facebook.com/photo.php?fbid=298538073604659&set=a.144403095684825.12205.115857148539420&type=1&theater
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Saturday, January 25, 2014
TIME 11:18 PM
PropZone Realcon wishes you 6
5th  Republic day .
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Tuesday, January 21, 2014
TIME 11:13 PM
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Haryana wants both toll plazas in Gurgaon to go..


NEW DELHI: Amid reports of bankers for Gurgaon expressway reworking their proposal to end the impasse on removal of Delhi border toll plaza, Haryana chief minister Bhupinder Singh Hooda said that his government is for doing away with the two toll plazas in Gurgaon.
“Removing the first toll plaza and clubbing it with Kherki Dhaula won’t bring complete relief to commuters. We are in favour of shifting the toll plaza beyond the city limit to Bilaspur. We had offered financial assistance in case both the toll points are done away with,” Hooda said. Sources said that he had conveyed this to NHAI officials at a meeting he held on Saturday at Haryana Bhawan. They added that the main issue of discussion was on other NH stretches, Hooda spoke on Gurgaon expressway project too.
His son Deepender Singh Hooda, who also has been pushing for the removal of both toll plazas, told TOI that the state government was ready to pay certain amount for making the entire stretch toll-free. “We are ready to pay since seamless traffic flow will have huge impact on economic activities in the region, which is crucial for this area,” junior Hooda said.
Meanwhile, officials in the NHAI and road transport ministry said that at present Haryana has no role to play in the out-of-court negotiation since the state government is not a party to the contract termination case, which is being heard by Delhi high court.
Both the government bodies reiterated that there can’t be any dilution in the original proposal by the lead banker, Infrastructure Development Finance Company (IDFC), which mentioned that the Delhi border plaza will be removed and tolling will happen only at Kherki Dhaula.
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Thursday, January 2, 2014
TIME 1:55 AM
Proposed Realty Bill to tighten noose around developers, defaulters to be jailed! -
The proposed real estate regulator would make registration compulsory for property agents as well as for residential projects over 1,000 square metres or 12 dwelling units in an effort to improve transparency and accountability in the sector.
The Cabinet will soon consider the bill that seeks to establish the regulator, officials said. The bill will also include provisions for imprisonment of builders who sell flats or plots before registering them with the authority, they said.
Since the minimum threshold area for mandatory registration has been reduced to 1,000 square metres of land from the earlier proposed 4,000 square metres, the bill would virtually cover the entire supply of residential units from the organized sector.
The bill also makes it mandatory for the developers to deposit 70% of the fund received from the homebuyers in a separate bank account, which will be used for the development of the project. The idea is to ring-fence the project costs to avoid diversion of funds and ensure timely completion.
“The proposed bill empowers the regulator to recommend imprisonment of defaulting builders, which is important to clean up the sector that is not transparent,” Gopal Subramanium, former
Solicitor General of India. “It is a forward looking measure.”
The upfront registration before selling the dwelling units means that real estate developers would need to get most of the approvals from different authorities before they can sell flats in a project. Currently, a real estate projects needs between 50 and 60 approvals from the different authorities, depending upon the state’s guidelines.
The bill provides for regulatory authorities to be established by states with specified functions, powers and responsibilities to exercise oversight of transactions and settle disputes.
The role of the Centre would be to establish the Appellate Tribunal as the higher-level adjudication mechanism with regional benches. To meet the disclosure condition, developers will have to put out details of promoters, project, layout and development plans, land status, names and addresses of the real estate agents, contractors, architects among others.

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