Sonipat
The National Green Tribunal (NGT) has imposed an interim penalty of Rs 22.5 crore on 6-builders in Haryana’s Sonipat area for breaking environmental laws. As per NGT, violations are of serious nature and the compensation must have a precautionary look. The Green Tribunal imposed environment compensation of Rs 10 crore on TDI Infrastructure Ltd for [...] Continue Reading »
The government had plans under public-private partnership (PPP) model to build the Rs 6,290-crore Eastern Peripheral Expressway (EPE) project. The government had to scrap the project as it did not attract any bids. The deadline was Apr 4. NHAI did not receive any bids forcing it to plan the project under conventional engineering procurement construction [...] Continue Reading »
In December, the foundation stone for the extension campus of IIT-Delhi at Kundli and Indian Institute of Information Technology (IIIT) at Kilhorad village in Sonipat was laid by Union minister Pallam Raju and Haryana chief minister Bhupinder Singh Hooda. IIT-Delhi’s extension campus at Rajiv Gandhi Education City in Kundli would have a science and technology [...] Continue Reading »
Sonipat-Kundli and Panipat region is increasingly becoming popular with developers and investors alike. Few of the developers in the region are TDI, Ansals, Kamal Ideal Infratech Pvt Ltd, Jindal Real Estate, Eldeco, Parker, Omaxe, Parsvnath, Vardhman, Apex Developers, among others. The area has also seen great increase in terms of population and infrastructure development. It [...] Continue Reading »
Sonipat-Kundli is emerging as the new residential destination for the investors and mid-end users in NCR. Sonipat is a town that falls under the municipal council in Sonipat district under the state of Haryana. Kundli property market is registering new benchmarks in turnover and offering new opportunities for investment. The forthcoming 135km-long Kundli- Manesar- Palwal [...] Continue Reading »
New Delhi: Delhi Metro network is likely to connect Sonepat and Greater Noida as a parliamentary panel has directed the Urban Development (UD) ministry to work towards it. The Urban Development ministry should discuss with Delhi Metro Rail Corporation (DMRC), Delhi and Haryana in this regard, suggested a report submitted by the Standing Committee on [...] Continue Reading »
Haryana’s future city Kundli – Sonipat, the developing township, is soon to get Delhi Metro. In a recent meeting, the government has planned this new metro provision plan. Sonipat is situated on National Highway 1 and is only 20 minutes drive from Delhi’s western border near Narela. The proposed metro line will be an extension [...] Continue Reading »
Real estate prices have been rising in NCR area and combined with increasing demand the scope for middle income group to get hold of residential property has been decreasing. As this supply demand gap is increasing, Tronica City area in Ghaziabad, is fast becoming a hub of residential and commercial property for the middle-income group. [...] Continue Reading »
Owing to liquidity crisis with its developer, DS Construction, Kundli-Manesar-Palwal Expressway (KMPE) has missed several time limits. Its recent deadline has been set to May 2013 by state governments of Haryana and Delhi after resolving the financial level of the developer. The delay in the project has disappointed many entrepreneurs and realtors who were betting [...] Continue Reading »
