tag:blogger.com,1999:blog-61950019553056564252024-02-07T21:24:46.890-08:00Chandigarh Property BlogNews on the latest developments effecting the property markets in Chandigarh, Mohali, Mullanpur and Panchkula in India.Unknownnoreply@blogger.comBlogger278125tag:blogger.com,1999:blog-6195001955305656425.post-17256267034473096402015-06-08T03:23:00.003-07:002015-06-08T03:23:53.255-07:00Foreign players to invest in Medicity project at Mullanpur <div dir="ltr" style="text-align: left;" trbidi="on">
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Punjab Cabinet on Wednesday gave nod to allow foreign
players to invest in health care sector, including setting up hospitals
in the upcoming Medicity project at Mullanpur in Mohali here.</div>
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The
decision was taken in a meeting of the Council of Ministers chaired by
Deputy Chief Minister Sukhbir Singh Badal here on Wednesday.<br />
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To
encourage participation of foreign key players in the medical health
care and research, the Cabinet gave approval to amend the Land Allotment
Policy, 2014, for allotment of plots for setting up hospitals,
multi-speciality hospitals, medical colleges-cum-hospitals and medical
research institutes in the upcoming Medicity at Mullanpur, also known as
New Chandigarh, spokesperson of the Chief Minister’s Office said.<br />
The
amended policy allows participation of 100 per cent owned subsidiaries,
joint ventures floated by foreign health institutions. It also allows
the subsidiary of any parent company to apply for allotment on behalf of
the parent company, he said.<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2015</a></div>
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-26762730799294455152015-06-08T03:21:00.002-07:002015-06-08T03:22:22.410-07:00Price increased for Chandigarh Housing Board (CHB) property transfer<div dir="ltr" style="text-align: left;" trbidi="on">
<span class="storyText">Getting the ownership of Chandigarh Housing Board (CHB) property transferred has now become expensive in the city.
<img align="right" alt="" src="http://images.tribuneindia.com/cms/newsimages/del%281%29.jpg" height="301" width="180" />Within
days of allowing the transfer of flats on the basis of the general
power of attorney (GPA), and delinking building violations in cases of
transfer of ownership, the CHB has increased the processing fee after 10
years.
Of the total 60,000 flats of the CHB, around 50 per cent of the
properties are still on the GPA. Prior to the fresh set of relaxations
made by the CHB since January 2015, the transfer of properties on the
basis of the GPA was stuck as the transfer had been linked with building
violations and misuse of the respective property. As a result, a
majority of the GPA holders did not apply after 2012.CHB chairman Maninder Singh said the increased fee would not be
applicable to those who had applied earlier along with the transfer fee,
except in cases where the application for the transfer had been
rejected. The only condition was that the transferor/transferee should
not have made any change in the facts mentioned in the transfer
application form and the supporting documents.</span><br />
<span class="storyText">The president of the Property Consultants Association, Raj Kumar Pal,
said the board authorities should ensure that there was no delay in the
disposal of cases. Rajat Malhotra, general secretary of the CHB
Residents Welfare Federation, said the fee should be kept realistic.
The increase in the fee has been kept the minimum in case of the
economically weaker section (EWS) and low income group ( LIG) flats
compared to the middle income group (MIG) and high income group (HIG)
flats. Officials in the CHB said the hike in the fee was nothing
compared to the property rates. In the case of transfer of dwelling
units on the basis of the GPA, executed before October 2011, the fee for
the MIG category-III and HIG category-I and II has been increased from
the existing Rs 500 to Rs 3,000 and Rs 1,000 to Rs 4,000, respectively.
On the contrary, the fee for the transfer of EWS flats has been
increased from the existing Rs 100 to Rs 200 and for the LIG flats, the
fee has been increased from Rs 250 to Rs 1,000.
Similarly, the fee for the transfer of a dwelling unit on the basis of a
registered or unregistered will (where the deed of conveyance has not
been executed) has been increased in the MIG and HIG categories. The fee
for the execution of the conveyance deed has also been increased. The
processing fee for the transfer of commercial property has also been
hiked.
Not only has the transfer fee related to the issuance of different
ownership documents been increased, but the cost of the application form
has also been increased from Rs 20 to Rs 200.
<b>Substantial hike in transfer fee on the cards</b>
After the increase in the processing fee, the CHB is contemplating
increasing the transfer fee. Against the formula for calculating the fee
on the basis of the allotment price of the respective flat, the board
will calculate the transfer fee based on the market price of the
respective property.</span><br />
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2015</a></span></div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-26792536535722714952015-06-08T03:18:00.001-07:002015-06-08T03:18:29.438-07:00Limit reduced for E-stamp certificates for registration<div dir="ltr" style="text-align: left;" trbidi="on">
Punjab government has decreased the limit of issuance of e-stamp
certificates for registration of properties from the present Rs 50,000
to Rs 20,000. <br />
This decision will authorise the Stock Holding
Corporation of India (SHCIL) to issue e-stamp certificates for amount
exceeding Rs 19,999 and it would come in to force with effect from June
8, an official spokesman said here on Thursday.<br />
A notification in this regard has been issued today.<br />
With implementation of this decision, while registering any property,
if stamp duty amount exceeds Rs 20,000, then the buyers have to get
e-stamp certificates from banks and this decision will be implemented
throughout the state.<br />
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2015</a></div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-49900163788101882202015-06-08T03:17:00.000-07:002015-06-08T03:17:06.121-07:00Mohali: Collector rate slashed <div dir="ltr" style="text-align: left;" trbidi="on">
In a move aimed at energizing the realty scene in Punjab, the Parkash
Singh Badal-led SAD-BJP government has slashed the collector rate in
many districts, with the Badal turf of Bathinda getting the biggest cut
of 35%.<br />
Not making any attempt to change the rather imbalanced real estate
growth in the Chandigarh region, the state government has brought down
collector rate by a paltry 5-7% in Mohali..<br />
"Reduction of only 5% in collector rate is a cruel joke by the state
government and the district administration," said Ashok Kumar,
ex-president of the Mohali Property Dealers' Association..<br /> <br />
Collector rates are hiked regularly by the district administrations and
the increase is usually more in urban areas. In case of Bathinda, the
highest reduction is for residential property in rural areas (35%) and
30% for that in urban areas.<br /> .<br /> On the demand of office-bearers of
colonizer associations, Deputy CM Sukhbir Badal had in March formed a
committee of 19 members, including 13 from associations and 6
representatives of state government to resolve issues pertaining to
developers..<br /> .<br /> <strong>Revised rates:</strong><br /> .<br /> Mohali: 5-7%<br /> .<br /> Bathinda: 25-35%<br /> .<br /> Fazilka: 15-20%<br /> .<br /> Mansa: 15-20%<br /> .<br /> Moga: 15-20%.<br />
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a></div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-22331435581959318482015-05-28T23:07:00.003-07:002015-05-28T23:07:37.655-07:00Chandigarh Housing Board to construct 128 two-bedroom flats in Sector 51The Chandigarh Housing Board (CHB) on Tuesday decided to construct 128 two-bedroom flats in Sector 51, announcing a housing scheme after a gap of eight years.<P>
The decision was taken in a high-level meeting that saw the administration give approval to the project. The chief architect was given the nod to design the flats that would comprise a dinning room, two bedrooms, balconies, kitchen, store, dress space and two toilets. One flat was likely to cost Rs 68 lakh. It was not yet clear whether the board would hold a draw of lots or an auction, but any person could make a bid to buy the dwelling. The only condition being that he should not own property in the Tricity.<P>
Officials claimed the construction of flats would start soon after acquiring the approval for layout and design from the department of urban planning. "The proposed houses would be on the pattern of stilts+4 flats and have all modern facilities," a CHB press release stated. According to initial planning, lifts were also proposed. The board was also considering to construct parking lots.
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-7574806955948941522015-05-28T23:06:00.001-07:002015-05-28T23:06:16.070-07:00CHB: 18 Flats' Auction18 Flats' Auction<P>
About 18 CHB flats in Sector 63 that the allottees had surrendered would be auctioned in the next two months. The flats were of three-bedroom, two-bedroom, one-bedroom and EWS category.<P>
The board officials said reserve prices were likely to be Rs 79.95 lakh for three-bedroom flats, Rs 59.95 lakh for two-bedroom, Rs 39.95 lakh for one-bedroom and Rs 19.95 lakh for flats under the EWS category. The flats were constructed under the General Housing Flat Scheme in 2008. The board would hand over their possession immediately after the auction.<P>
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-17652578621728464832015-05-28T23:02:00.001-07:002015-05-28T23:02:56.750-07:00Committee to rationalize collector rates throughout PanjabIt has been decided to rationalize collector rates throughout the state and a high level committee comprising financial commissioner revenue and principal secretary finance had been constituted under the chairmanship of chief secretary for this purpose. The committee would submit its report to the council of ministers for a final decision.<P>
A number of allottees have availed a golden opportunity provided to them to get their immoveable properties (plots/houses etc) allotted by the government or a public sector undertaking or local bodies registered through conveyance deeds at rates mentioned in their allotment letters. Allottees were required to get conveyance deeds executed on collector rate which was linked to present market rate of property and this decision had benefitted a large number of allottees.<P>
Punjab government on Monday waived off the entire registration fee charged for sale and transfer of property among spouses and blood relations in urban and rural areas with immediate effect, giving a big relief to thousands of such beneficiaries.<P>
The decision was to encourage people to go in for legal registration of property rather than adopting ultra vires measures which only fueled family disputes.<P>
Punjab government has brought down stamp duty on the registration of power of attorney for sale of property or transfer of possession virtually to zero as it has been slashed from the existing 2% to 0.5% and that too would be adjustable towards the payable stamp duty at the time of execution of sale deed with respect to that property. On all other powers of attorney a stamp duty of Rs 2,000 will be levied.
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-73860421783182608312015-05-28T22:58:00.003-07:002015-05-28T22:58:59.077-07:00Chandigarh:conversion of leasehold property into freeholdThe conversion of leasehold property into freehold in the city will come at a heavy cost.<P>
In a move affecting the owners of nearly 50,000 leasehold properties, both residential and commercial, the UT, in its note sent to the Union Ministry of Home Affairs (MHA), has proposed a land rate of Rs 1 lakh per sq metre against the old rate of Rs 1,710 per sq metre for calculating the conversion fee for sites measuring 50 sq metres to 500 sq metres.<P>
Seeking that the case be taken up on priority, the UT has pointed out that a delay in taking a decision was creating legal complications for it.<P>
Last time, the land rates for calculating the conversion fee had been fixed at Rs 1,710 per sq yard on the orders of the Ministry of Urban Affairs in June 1996.<P>
Accordingly, the UT had farmed the “The Chandigarh Conversion of Residential Leasehold Land Tenure into Freehold Land Tenure Rules, 1996”.<P>
The leasehold properties include 35,000 Chandigarh Housing Board (CHB) flats, 2,000 commercial properties, 4,500 residential properties which come under the Estate Office and the CHB flats being constructed in Sector 63. This does not include 50 per cent of the total industrial plots in the Industrial Area, Phase I and II.<P>
Earlier, former UT Administrator Shivraj V Patil, while turning down the proposal to convert leasehold residential and commercial properties into freehold, had asked the UT to send the case to the MHA.
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A senior UT official said ever since the conversion had been put on hold in June 2013, there had been a rise in legal cases.<P>
In the communication sent to the MHA, a reference to three court cases has been made in which the lessees had either moved the Punjab and Haryana High Court or the consumer court seeking relief for conversion.
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-70831804530591384922015-04-25T22:18:00.000-07:002015-04-25T22:18:06.307-07:00Tepid Response to Ecocity II in MullanpurGreater Mohali Area Development Authority (GMADA), Eco City, Phase II, at New Chandigarh (Mullanpur), has received a tepid response.
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It is perhaps for the first time that the authorities have given the application forms, worth Rs 100 each, to nearly 400 employees of the Punjab Urban Planning and Development Authority (PUDA) and GMADA free of cost.
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Only 1,350 application forms have been sold for 334 plots. <P>
Recession and overpricing are being cited as the reasons behind the lukewarm response.
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“Plots in the area are being offered at much lesser rates by farmers, who have opted for the land-pooling scheme under the project,” plots of sizes 100 yards and 150 yards, the rates of all other plots were lesser than that fixed by GMADA.
“Against the GMADA rate of Rs 21,000 per sq yard for a 200 sq yard plot, farmers, who got plots under the land-pooling scheme during land acquisition, are offering it at Rs 19,000 per sq yard. Similarly, for a 300 sq yard plot, GMADA has set Rs 21,000 per sq yard whereas the market rate is Rs 16,500,” <P>
The market rate of 400 sq yard and 500 sq yard plots was much less than that fixed by GMADA, “Against the GMADA rate of Rs 23,000 per sq yard, the market rate is Rs 15,000 per sq yard,” <P>
Among the land owners, 42 per cent have opted for the land-pooling scheme under the project, worth Rs 600 crore. Under the scheme, the land owner gets residential plots of different sizes up to 1,000 sq yard and one commercial plot of 100 sq yard against each acre of land acquired by the government.
The scheme was opened on March 9 and will close on April 30. The draw of lots will take place on June 5.
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2015</a><P>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-5189436803901721022014-02-19T10:07:00.001-08:002014-02-19T10:07:32.206-08:00Grand Plan of Mullanpur/New Chandiagrh<b>ROADS</b><P> (Tentative cost: 1750 crores)<P>A 200’ wide road, 8 km long road is being constructed from New Chandigarh/UT boundary to ‘T’ junction of Kurali-Siswan road at the cost of Rs. 230 crores (including land cost). This road will act as major link between UT, Punjab & Himachal Pradesh. At present it has 6 lanes, with two service roads of 22.5 feet width being constructed on both sides of the main carriageway. The central verge of the Road has been kept as 14 feet to accommodate one more lane on each carriage way in future.GMADA has also proposed to construct 2 additional vertical roads in New Chandigarh Local Planning Area. These roads will provide major link with PR-4 road to New Chandigarh road (from New Chandigarh UT barrier up to Kurali-Siswan “T” junction). These 60 m wide roads will have a cross section of dual carriageway of 14 m each with two service lanes of 7.5 m each. The approximate cost of construction for these roads will be Rs. 240 Crores.The Proposed road PR 4 from UT boundary passing through village Togan upto Kurali Siswan road (near village Boothgarh) is 60 m wide having a length of 15 K.M. It will be constructed with tentative project cost of Rs.550 Crores (including land cost) and the process of land acquisition has been started.The proposed road from village Slamatpur to Punjab U.T boundary is 60 m wide having a length of 9 km. It will be constructed with tentative project cost of Rs.325 Crores (including land cost) and the process of land acquisition for construction of road has been started.<P>
The proposed road PR 6 from New Chandigarh (8 lanes) to village Manana is 60 m wide having a length 10 km. It will be constructed with tentative project cost of Rs.375 Crores (including land cost) and the process of land acquisition has been started. Approximately 3.50 km road out of this 10 km road is being constructed by OMAXE infrastructure limited and work is in progress.<P>WATER SUPPLY (Tentative cost: Rs.400 crores)<P>Out of 80 MGD canal water likely to be received at Jandpur against Kajauli Scheme, 20 MGD raw canal water has been earmarked, to meet the requirement of New Chandigarh up-to next 25 years An independent 20 MGD capacity Water Treatment Plant (WTP) is proposed to be installed exclusively for New Chandigarh. However, keeping in view the present demand of only 5 MGD water for this region, about 9 km long 900 mm dia MS Pipe is proposed to be laid from Jandpur up to main Water Works at Eco-park before July 2014 and from this place water shall be distributed to five secondary water works proposed for different regions and there after distributed through pipe network.SEWERAGE SYSTEM (Tentative cost: Rs.160 crores)Independent sewerage system including installation of an independent 62 mld capacity main Sewage Treatment Plant (STP) exclusively for New Chandigarh has been proposed and the treated sewage water shall be used for watering of plants & green areas.<P>STORM WATER DRAINAGE SYSTEM (Tentative cost: Rs.180 crores)<P>Independent storm water drainage system comprising RCC pipes, road gullies etc. for carrying the rain water up to two natural choe’s namely Jayanti Devi & Patiala Ki Rao passing through this region including creation of Water bodies & Rain Harvesting System has been proposed for New Chandigarh.<P>ELECRIFICATION <P>(Tentative cost: Rs.300 crores)The load projections for New Chandigarh for the next 25 years have been taken as 400MW. To supply power to New Chandigarh & to cater these load requirements, two number 220 KV grid sub stations shall be required. These sub stations shall be provided with 2x100MVA power transformers at each place with a future provision of addition of one more 100 MVA transformer. One of the existing 66 KV sub stations at Majra is being upgraded to 220 KV sub stations and in future another 220KV sub stations shall be established near village Thaska. These sub stations shall be supplied power from 220KV lines Rajpura and Morinda. Regarding distribution of power, nine new 66 KV Sub-stations have been proposed exclusively for New Chandigarh in addition to up gradation of two existing Sub-stations at Majra and Mullanpur Garib Dass by providing additional power transformers. 66 KV cable ring main system of approx. 100 circuit km. is proposed to be laid in New Chandigarh to ensure uninterrupted power supply for the town <P> of Sahibzada Ajit Singh Nagar/ New Chandigarh is on fast track these days.<P> METRO<P>
After survey of the Tri city a detailed draft report on the Metro Rail Project Public transport for the convenience of general public of Chandigarh, Panchkula and Sahibzada Ajit Singh Nagar has been submitted by Delhi Metro Rail Corporation (D.M.R.C.) to U.T Administration, Punjab and Haryana State Govt.<P>
The Total Length of the Metro Rail is 37.573 km. Total Project cost is Rs. 10,900 Crores. Two separate corridors will be developed under this project. The first corridor will be from the Capital Complex Chandigarh upto the Gurduwara Singh Shahidan, Sector 70, S.A.S. Nagar and the total length of this Corridor shall be 12.497 km (4.427 km above ground and 8.070 km underground). The second corridor will be from New Chandigarh (in Punjab portion) upto the Grain Market, Panchkula (Haryana) and the total length of this corridor shall be 25.076 km (19.041 km above ground and 6.035 km underground). In the first corridor, length of Metro Rail in Punjab will be 3.927 km above ground and in the second corridor it will be 3.878 km above Ground<P><a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2014</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-55580055549025445222013-07-05T23:04:00.002-07:002013-07-05T23:04:27.322-07:00Mullanpur Has Holiday InnOmaxe Limited, a leading real estate company having diversified projects in nine states and 30 cities and one of world’s largest hotel companies, the Intercontinental Hotel Group (IHG) have joined hands to bring to the city of New Chandigarh (formerly Mullanpur), a five star hotel “Holiday Inn”.<P>
Officials at Omaxe told here today that the company will undertake the construction of the hotel which will be managed by IHG. The coming up of Holiday Inn would be a step forward towards creation of a commercial hub in Omaxe New Chandigarh that will house retail spaces–International Trade Tower and India Trade Tower, alongside the hotel.<P>
Omaxe will invest close to Rs 200 crores in building this luxurious Hotel that will cater to corporates and the local elite, including tourists. The office and retail spaces in the vicinity have been attracting reputed companies from sectors like IT, BFSI, Retail etc in the national and international arena.<P>
New Chandigarh, spread across approx. 700 acres, is an integrated township in New Chandigarh. With offerings like plots, independent floors, villas, proposed group housing, office and retail spaces, hotels etc.; the township with its greenery, clean environment and proposed creation of schools, colleges, hospitals etc will emerge as a world-class city. New Chandigarh in itself is emerging as a hot-spot destination with Medicity, Education city, Metro Rail, Cricket Stadium etc proposed in New Chandigarh.<P>
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-71629614097577754552013-07-05T22:59:00.003-07:002013-07-05T22:59:36.261-07:00New Chandigarh put on fast track by the Dy CMThe New Chandigarh, envisioned by Punjab Chief Minister Parkash Singh Badal in the Mullanpur area, was put on fast track of completion with Punjab Deputy Chief Minister Sukhbir Singh Badal approving its comprehensive conceptual plan prepared by Greater Mohali Area Development Authority.
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Presiding over a high level meeting, Sukhbir Singh Badal said that he was planning to make New Chandigarh one of the best planned cities with ultra modern infrastructure to enable it to face the challenges of 21st century, making it a economic hub of South East Asia. Deputy Chief Minister said that this new city planned an area of 15272.5 acres in the foothills of Shivaliks, would have Eco-City, Medi-City, Education-City and mega projects that would propel the development of the state to the next orbit.
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Asking GMADA to expedite the acquisition of land for Education City, Eco-City and Medi-City, Sukhbir said that road and allied infrastructure for these projects have to be completed by December 2013.
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Giving the details about Edu-City, the Deputy CM said that reputed international universities and institutes in the area of hospital administration, management courses, computer science and engineering branches, biotechnology, multimedia, pharmaceuticals, tourism and hospitality, industrial design, media and mass communication were evincing great interest to setup their institutes in the proposed education city. Deputy CM said that after seeking their expression of interest, a short listing process would begin and land would be allotted to them after completion of road infrastructure.
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Approving Rs. 1278 crore for the infrastructure of proposed town, Sukhbir said that Rs. 660 crore has been sanctioned for Road Infrastructure and he would not accept anything below world class infrastructure technology in the building of road network. He asked Secretary PWD P.S. Aujla to ensure all junctions improvisations with National Highways should be according to international specifications.
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The Deputy Chief Minister also approved Rs. 12 crore for installation of 10 MGD capacity water treatment plants, Rs. 262 crore for water supply, sewerage and storm water and drainage water, Rs. 40 crore for 62 MLD sewerage treatment plant and Rs. 300 crore for 220KV and 66KV substation, electrification, street lightning and laying of 66KV underground cable.
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Approving the eco-city plan, Sukhbir said that this world class city to be developed on a piece of 400 acres land would have planned development of 3109 plots. He was informed that construction of 40’,80’ and 120’ roads including public health , electrical and horticulture work at the cost of Rs. 151 crore would be completed by January 2014.
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Asking GMADA to expedite completion of 200 feet Mullanpur Road from UT boundary to T junction Siswan Road, the Deputy CM asked PWD to begin the process for declaring it a National Highway. It was also informed that this road would be completed by March 31, 2014 and its service roads and two service lanes would be completed by May 2014.
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Reiterating his resolve to make a best planned city, Sukhbir said that two 66KV grid sub stations at Mullanpur Garibdass and Majra, 9 proposed grid sub-stations in Chandigarh and two 220 KV grid sub stations at Majra and Thaska with a combined capacity of 400 MVA should have international specifications.
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Asking the tourism department to put up eco-tourism plan for the green belts of New Chandigarh area, Sukhbir said that Shivaliks, its virgin forests and scenic beauty coupled with serenity of Siswan Dam Lake offer a huge tourism potential for adventure and eco-friendly tourists.
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Prominent amongst those present in the meeting included A Venu Prasad, Secretary Urban Development, Manvesh Singh Sidhu, Chief Administrator, PUDA, Manjit Singh Brar, Additional Chief Administrator GMADA and officers of various departments.
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<P><a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2013</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-45668126433467557652013-05-29T21:04:00.000-07:002013-05-29T21:04:09.995-07:00Panjab Government Okays Mullanpur to be named as NEW CHANDIGARHIn a decision that is set to trigger a major controversy between Punjab and Chandigarh, Chief Minister Parkash Singh Badal on Wednesday approved renaming the Local Planning Area (LPA), Mullanpur, as 'New Chandigarh' and asked the Greater Mohali Area Development Authority (GMADA) to develop it as a world-class planned city on modern lines.
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The CM was presiding over the 26th meeting of the Punjab Regional & Town Planning & Development Board. Deputy Chief Minister Sukhbir Singh Badal was also present. It was decided that Mullanpur township, which adjoins Chandigarh, will be developed as a model city equipped with infrastructure and ultra-modern facilities of international standards.
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The CM also gave his nod to constitute a high-level committee under the chairmanship of Advisor (Health and Medical Education) Dr K K Talwar. The committee will also have Secretary (Health), Secretary (Housing & Development), and representatives of GMADA and Punjab Infrastructure Development Board (PIDB). The panel will chalk out a comprehensive plan for the development of Medicity in Mullanpur. The state-of-the-art cancer institute on the pattern of Tata Memorial Cancer Hospital is already coming up in Medicity over an area of 50 acre.
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Badal senior also gave his nod to form a similar committee of education experts for evolving a time-bound action plan to develop Educity as the hub of education over an area of 1,700 acre. Sukhbir directed the GMADA to amend the master plan of 'New Chandigarh' accordingly. He also gave the go-ahead to enhance the width of sectoral grid roads from 100 to 200 feet in the master plan of "New Chandigarh".
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Several plans were approved for Mohali to make it emerge as the financial capital of Punjab. Among them is the construction of an amphitheatre with a seating capacity of 3,000 people in the Nature Park, Sector 62, Mohali, spread over 50 acre where theatre performances and drama shows would be held besides conducting cultural programmes, live stage performances and concerts. Laser shows on the life and philosophy of great warrior Baba Banda Singh Bahadur at the memorial at Chappar Chiri would be held.<P>
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-31945622526298670372012-01-05T08:15:00.000-08:002012-01-05T08:15:14.305-08:00HC notice for Mullanpur-Siswan roadActing on a petition seeking stay on cutting of a large number of trees for the widening of the road from Mullanpur-UT boundary till the T-junction of Kurali-Siswan road, the Punjab and Haryana high court on Wednesday issued a notice to the Greater Mohali Area Development Authority (GMADA) and Union ministry of forest asking them to respond to the contentions raised in the petition. The high court has also issued a notice to the DFO, Mohali and Omaxe Infrastructure and Construction Ltd that has been assigned the road widening project.
The matter reached before the high court through a Public Interest Litigation (PIL) filed by one Jeet Bhumbla.
The petitioner has sought directions to quash the sanction letter given by GMADA issued on November 23 last year whereby permission has been granted to cut 1,827 trees and 664 young plants on both sides of the road, besides 560 poles for the purpose of widening of the road from Mullanpur-UT boundary upto the T-junction of the Kurali-Siswan road. It was submitted that the said sanction is illegal and contrary to the forest laws because felling of 1,100 trees on one side of the road is avoidable. Till now 50 trees have been cut.
The PIL further informed that GMADA had awarded a contract worth Rs 70.4 crore to Omaxe Infrastructure and Construction Ltd for widening the road of the said stretch of the highway. The total length of the stretch is 8km with a proposed width of 200 feet, while three bridges on the said road are also planned.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-14309808849014971952011-12-23T01:56:00.000-08:002011-12-23T01:56:34.430-08:00Eco City draw of lotsThe draw of lots for the Greater Mohali Area Development Authority’s (GMADA) Eco City residential project in Mullanpur passed of smoothly on Monday. For the first time, the draw for 870 plots of various sizes was conducted at three separate places simultaneously.
In an another first, the authority also gave out the plot number, street number and the block number to the successful candidates through draw of lots at the venue itself.
In order to save time and manage the draw in a better manner,GMADA held three separate draw of lots inside the ground under the close supervision of senior GMADA officials. The draw for 100-sq yard plots was held separately as the maximum number of applicants had applied for this category.
The draw for 200- and 400-sq yard plots was held together at one venue. The result of 300- and 500-sq yard plots were held at another venue. The draw had a large number of aspirants making a beeline towards the three venues set up inside the ground adjoining PUDA headquarters since morning.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-1092331875444817172011-12-23T01:54:00.000-08:002011-12-23T01:54:18.763-08:00Metro link ChandigarhAfter over five decades of its creation, Chandigarh — epitome of planning and architecture, designed by French architect Le Corbusier — is under the threat of losing its splendour and beauty if the Metro rail project makes its way through the city.
With the project gaining momentum day by day in Chandigarh, the city’s planners and environmentalists are up in arms against it.
In its attempt to bring in a Metro link between Chandigarh and satellite towns Panchkula and Mohali, the UT Administration will not be able to maintain the uniqueness of the City Beautiful, according to urban planners.
Project votaries claim it is the only solution to the ever-increasing traffic and pollution but they also admit that it poses an environmental threat for Chandigarh. Delhi Metro Rail Corporation (DMRC) has been conferred with the task to prepare a detailed project report (DPR).
A high-powered committee constituted by the Union Ministry of Urban Development in 2007 had suggested surface transport as the preferred mass rapid transport system and viable means of public transportation, against the Metro or monorail in the city. But this has apparently been overlooked as soil testing is being done for the Metro.
According to senior architects, the Metro would undermine the aesthetics and character of the City Beautiful, particularly in its core areas — Madhya Marg and Himalaya Marg. There are doubts about its flexibility and limited capacity to be used as a city-wide system, along with its high cost.
For the underground stretches, roads will be ploughed and trees cut down. There would be a need to create parking spaces but alas, there is no space.
Also, the DMRC team has encountered water table quite high — at just 3.5 metres below the surface — during soil testing. De-watering would be required, which is an uphill task.
Funding of Rs 15,000 crore by the three stakeholders — Chandigarh, Punjab and Haryana — is also another hurdle. At present, Punjab and Haryana Governments are sharing 25 per cent cost each, while 50 per cent is being borne by the UT Administration, out of the total amount of Rs 3 crore.
DMRC has proposed two corridors in the first phase. The east-west corridor will start from Sector 21 Panchkula and lead to Railway Station Chandigarh, Sector 17 Plaza, PGIMER, Sarangpur, up to Mullanpur. En route, the Metro will also pass through Sectors 12, 12A, 11, 14, 15, 10, 9, 8, 7, 6 and 5.
The north-south corridor will start from the Secretariat to culminate at Aerocity in Mohali, via Rock Garden, Sector 9, Aroma Chowk, Sector 43, Sector 52 (Mohali), Sector 72 (Mohali) —- with a total length of 14 km (underground 8.7 km and elevated 5.3 km).
The DMRC team has proposed that the elevated portion will roughly have stations every 1 km and in underground portion, at an average 1.2 km. Also, it is expected to stay underground in the sectoral grid.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-9650630141717869082011-12-23T01:50:00.000-08:002011-12-23T01:50:36.260-08:00DLF Hyde Park @32,000/- in New ChandigarhHaving tested Tricity real estate waters some months earlier with the launch of the initial phase of Hyde Park Estate residential project in Mullanpur, and claimed that all 800 plots were sold out within a matter of days, real estate major DLF recently launched around 500 more plots of 350 and 500 square yards as an extension of the estate.
However, the reserve price, which was at Rs 27,000 per square yard earlier, has now been hiked up to Rs 32,000 per square yard. DLF India have enhanced the base price to Rs 32,000 from Rs 27,000 the real estate market here is not very volatile and the new price is quite competitive as compared to other real estate ventures. Persons who had bought plots earlier would also benefit from the new price as the rates of their plots would also see a rise.
DLF would be able to accommodate around 500 more plots of the dimension of 350square yards and 500square yards.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-81394054242521400452011-12-23T01:47:00.000-08:002011-12-23T01:47:29.936-08:00Medicity project :Compensation @ Rs 1.46 crore per acreThe Punjab Government, announced compensation of Rs 1.46 crore per acre for the land to be acquired from the farmers for the Medicity project coming up in close vicinity of Mullanpur and close to Chandigarh.
Sources said that land acquisition collector of Greater Mohali Area Development Authority announced the award of Rs 1.46 crore per acre per, the further break-up is Rs 96.03 lakh per acre basic price, 30 per cent solatiam that is Rs 28.80 lakh, 12 per cent appreciation price that is another Rs 8.09 lakh and non litigation charges 10 per cent that comes to Rs 13.29 lakh.
The farmers who are not interested in taking this money can opt for land pooling scheme but they will not get it in Medicity as it is only for hospitals and other health care facilities. They will be given plots of different sizes measuring 1,000 square yards (2 kanals) in addition to a commercial plot of 100 square yards per acre in Eco-City Phase I.
The government has acquired 97.42 acres of land from some 100 farmers in Ferozepur Bunger village near Mullapur. It took eight months and thirteen days to acquire the land notifying from Section 4 till announcement of the award. Now the team of GMADA officials will go to the village and take physical possession of the land from the farmers.
For the Eco City project, recently launched in Mullanpur, the compensation given by GMADA was Rs 1.30 crore per acre, for Aero City Rs 1.50 crore per acre and for IT City Rs 1.70 acre.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-44024330007280499142011-12-23T01:45:00.000-08:002011-12-23T01:45:01.360-08:00Chandigarh-Siswan roadThe New Chandigarh Mega City project today got a kick start with Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal laying the foundation stone of Rs. 325 crore Chandigarh-Siswan road, that besides shortening the distance to Baddi in Himachal Pradesh would emerges critical road for the evolving this new city.
Addressing a rally after laying the foundation stone, Mr. Sukhbir Singh Badal said that the new Chandigarh would provide quality housing besides developing world class institutional area including IT City, MediCity and world class aviation maintenance and training institute. He said that the New Chandigarh City was all set to propel the overall development of this area thereby making it a worth living place near Chandigarh with world class infrastructure. He said that this 200 feet wide Chandigarh to Siswan T-junction road (8 Kms.) would be constructed 6 lane in first phase and would have three 8 lane bridges. He said that this project has been undertaken by the Omaxe Infrastructure and Construction Ltd., a world renowned infrastructure development company and it would be completed by next 16th months.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-16778908544765033192011-12-23T01:28:00.000-08:002011-12-23T01:28:35.620-08:00Latest on Mohali projectsMohali is striding ahead in the Tricity in the field of urban development with major projects like Eco City Phase I and II, Medicity, Aerocity, IT City and group housing (about 6,000) flats in its kitty. Over the next few years, the Greater Mohali Area Development Authority (GMADA) is coming up with development projects planned over approximately 3,400 acres. Land acquisition for all these projects has been a smooth affair on account of the state’s lucrative policy, which has been friendly to land owners and ensured their complete cooperation.
Take a look at all that GMADA has managed to acquire without causing as much as a ripple, while neighbouring Haryana is still battling land-owners in diverse areas. The highlights of Mohali’s masterplan for development are 800 acres for Aerocity, 419 acres for Eco City Phase I, 375 acres for Eco City Phase II (both at Mullanpur), 1,700 acres for IT City, 97 acres for Medicity, and 680 acres for Sectors 88 and 89.GMADA gives land owners a choice between either cash compensation or land-pooling within the project or its vicinity. The state’s winning card has been the land-pooling scheme, which makes land-owners stakeholders in the development of the area.
In almost all the projects, more than 90 per cent of land-owners have rejected cash compensation ranging from Rs 1.20 crore to 1.694 crore per acre (depending on the project), and have opted for land-pooling. For each acre given by the owner, GMADA offers two residential plots measuring 500 square yards (one kanal each) or one residential plot of 1,000 square yards (two kanals) and a commercial plot measuring 100 square yards.Even for IT City, Sectors 88 and 89 where land has been freshly acquired, almost all the owners have rejected compensation of Rs 1.694 crore per acre and have chosen plots instead.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-57971335300328683682011-12-23T01:23:00.000-08:002011-12-23T01:25:50.975-08:00World’s largest mall in Sector 62The Greater Mohali Area Development Authority plans to set up the world’s largest mall in Sector 62 (Phase VIII), Mohali. Currently, the largest mall in the world is in Minnesota, the USA. It is spread over 4.2 million square feet while the one in Mohali is envisaged to be spread across 5.7 million square feet. This is the Authority’s third grand design in 10 years for Mohali’s City Centre. The City Centre was first planned in the late 1990s, using the services of Gujarat architectural firm Vaastushlipa. However that plan was shelved and replaced by a detailed one submitted by Singapore-based company Jurong. None of these two plans was laid down after much expenditure saw the light of the day.
It will not be difficult for GMADA to sell commercial, office and recreational space in Mohali’s City Centre, which will be connected to the airport Chandigarh through a metro.Each of the 1,400 units of office and commercial space would be sized differently depending on its use. The Use of these units be it restaurants, shops, cinemas, hotels, exhibition halls in each area would be defined. Almost 200,000 square feet of area has been kept aside for an amusement park within the mall areas. Average cost of floor space per square feet at Rs 10,000.
GMADA has decided to use 76 acres of land available in Sector 62 for the setting up of the mall. The ground coverage for the mall has been fixed at not more than 35 per cent (26 acres) while another 23 acres would be set aside for the plaza area. The open parking would cover another 26 acres.Other than the open parking area, basement parking under five levels of the mall complex.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-19545356857333415842011-12-23T01:21:00.000-08:002011-12-23T01:21:07.394-08:00GMADA acquires land for IT city MohaliGMADA is acquiring 1,800 acres, which would see 810 acres being used for setting up of IT industry, another 810 acres for residential areas and remaining 180 acres for commercial establishments.The Rs 1.68 crore per acre compensation is the second highest amount paid to landowners so far with GMADA already paying Rs 1.69 crore per acre as compensation to landowners whose land was acquired for carving out two new sectors a?? sectors 88 and 89 in Mohali.
In IT City, the original plan of the project would see super mega IT industrial projects being developed along with residential areas and commercial establishments. The financial module of the project will be based on the pattern of Aerocity project and for land acquisition GMADA has already obtained loans from various banks, which were to be used for Medicity project in Mullanpur.
However that project did not materialize as land owners moved Punjab and Haryana high court seeking a stay on acquisition proceedings citing previous instances where land was forgone by GMADA under certain conditions.
With the possibility of election model code of conduct before state assembly elections being enforced by this month-end looming large, sources in GMADA said it made sense to utilize the money earned from Ecocity residential project as well as loans obtained from various banks channeling them towards IT City project.
The acquisition process for IT City is almost complete and we had recommended Rs 1.68 crore per acre as compensation to landowners. We are targeting December 20 for conducting proceedings for site auction of plots in IT City.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-88525872869223499102011-12-23T01:18:00.000-08:002011-12-23T01:18:22.181-08:00GMADA has big plans in Mohali sector 88Mohali has been striding ahead with planned urban development, but in the new sectors, independent plots are being phased out. Scarcity of land has made the Greater Mohali Area Development Authoritity favour only multi-storey residential towers in the upcoming areas. To meet with the heavy demand for housing in the region, GMADA will launch its new scheme of fifteen-storey flats in sectors 88 and 89 in Mohali.
The state is planning to construct about 6,000 flats in high-rise buildings over 100 acres. These Purab Premium Apartments will be made in over 100 towers that are 15 storeys high. The flats will come up in diverse sizes, priced between Rs 43 lakh and Rs 69 lakh. About 4,500 flats will be given through draw of lots, and the rest through auction. For this new housing project, the state has acquired about 200 acres of land from farmers. The land-owners were given the choice of opting for cash compensation of Rs 1.69 crore per acre, or land-pooling in GMADA projects.
The last project where GMADA offered 870 plots in different sizes was Eco city at Mullanpur. The allotment prices ranged from Rs 17,000 to Rs 19,000 per square yard, and draw of lots was held in November. Another popular project of GMADA where independent plots were offered was Aerocity. There was heavy demand for the 4,000 plots allotted here by GMADA last year, at the rate of Rs 12,000 per square yard.
In all its projects where plots were offered, GMADA has received a thumping response from buyers. But independent houses do not seem to be on GMADA’s scheme of things now.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-36417048044803602402011-12-11T07:18:00.001-08:002011-12-11T07:20:41.263-08:00Mohali: Masterplan of mohali<div class="separator" style="clear: both; text-align: center;">
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<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-6195001955305656425.post-74947938863725071822011-12-11T06:14:00.001-08:002011-12-23T01:29:02.073-08:00Mullanpur:auction plots for MedicityPunjab government is planning to auction plots for Medicity in the first week of January. The state is going to carve plots of five acres and ten acres for the premier medicare hub planned over 97 acres at Mullanpur.
The institutions that bid for these plots will build hospital complexes, infrastructure for the allied services, and also residential complexes for their staff within the campus. The state is keen to develop Mullanpur as one of India’s best medical hubs, and is talking to some of the top medical care providers worldwide to apprise them of the project.
By December 15, Greater Mohali Area Development Authority (GMADA) will give awards to those landowners at Mullanpur whose land has been acquired for Medicity. The project will be launched by the state government shortly thereafter.
Medicity and Eco City, GMADA’s prime residential-cum-commercial estate, have jacked up the price of land in the area now touted as New Chandigarh. While the big players at Mullanpur are real estate giants DLF and Omaxe, even smaller developers are now offering plots in the range of Rs 16,000 to Rs 18,000 per square yard.
<a href="http://dreamweavewalk.blogspot.com/">Part of the Dream Weave Walk Network 1998-2012</a>Unknownnoreply@blogger.com