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To Decongest East Delhi, Centre Proposes A 19-Km HigThe Centre is planning to build a 19-km highway starting from Loni near the Delhi-Ghaziabad border to the Akshardham flyover. The new highway will allow commuters to avoid the congested areas of east Delhi and reach the Saharanpur-bound national highway NH709B near Loni from the NH-24 directly. The project has received an in-principle approval while it may take upto three months to file a detailed project report.
Circle Rates Left Unchanged In Noida; Rebate In SurcThe Gautam Budh District Administration may not have given in to the demands of real estate developers to lower circle rates, but it certainly has given them enough reason to cheer by way of lower surcharge on common facilities in group housing societies. The decision that was taken on July 11 and that comes into effect on August 1 would also significantly lower the cost of purchasing flats in Noida’s housing societies for homebuyers.
Piramal Housing Finance Enters Pune MarketPiramal Housing Finance on April 24 announced its plans to expand business to Pune. The housing finance firm is already operating in major markets of Mumbai, Noida, Gurgaon, Delhi and Bengaluru. The housing finance company has lent finances to the tune of over Rs 1,400 crore in Mumbai alone, its biggest market so far.
Much-Delayed Dwarka Expressway Is Nearing CompletionSince “all obstacles have been removed”, the 29-kilometre Dwarka Expressway could be ready in another one-and-a-half year, says Gurugram Metropolitan Development Authority Chief Executive Officer V Umashankar. The project, aimed at decongesting the Delhi-Gurgaon highway, was stuck owing to land acquisition issues at New Palam Vihar and Kherki Daula.
Barapullah Road Phase II, III Set To Make Commute EaBarapullah Road Phase II and III will make the commute easier between east and south Delhi. The stretch when operational would start at Mayur Vihar Metro station and would end at Aurobindo Marg and INA Market. The total commute time from east Delhi to airport will come down to 40 minutes. The corridor would also connect NH-24 and NH-8, providing a signal-free ride to the commuters plying towards south Delhi.