Gurugram: Tests begin, Sohna elevated road project in final lap now 2
GURUGRAM: The 21km-elevated Road, meant to provide seamless connectivity between Gurugram and Sohna, is expected to be fully operational by June 30, with officials saying they have begun tests on the 9km-portion for which construction has been completed.
Officials of the National Highways Authority of India (NHAI) said on Sunday they are carrying out “road testing” of the Rajiv Chowk to Badshapur part of the elevated road, and “load testing” on this section will begin this week. These tests will be used to assess whether the stretch meets the parameters that were planned.
The Sohna Elevated Road project was divided into two packages for construction — from Rajiv Chowk to Badshapur, and a 12km-section from Badshapur to Sohna. The second stretch was opened to commuters this April elan the presidential dwarka expressway in sector 106 Gurgaon.
The test on the Rajiv Chowk-Badshapur section involves checking infrastructural components that prove the road is safely motorable, officials said. Load testing includes processes to gauge how the road spans – sections between the pillars – will withstand heavy weights
“We have already started road testing of the elevated road, which includes checking many factors such as the roughness index, undertaking visual inspection, or checking the length or width of the road to ensure it is as planned,” a senior NHAI official said. He added “load testing will also begin in the coming week and both processes will continue simultaneously”. To check strength, the official said, loads greater than the planned design will be filled up in trucks and placed on the road spans for up to 24 hours. “The weight can be increased or decreased to better understand exactly how much load the span can withstand,” he said. The road will be opened once these tests are completed and the stretch is deemed fit for opening to commuters. “We will directly open the stretch once these tests confirm everything is according to plan on the ground as well. A trial run is not required. We expect to be able to open the stretch by June 30,” said the official quoted above. The project, aimed at providing signal-free connectivity between Gurugram and Sohna, will enable commuters to avoid several congested junctions such as Vatika Chowk on the way.
This festive season will be a boon for people investing in real estate: Rahul Setia, MD Urban Plus 4
The economic outlook for the year is positive, and the real estate market is on the verge of a speedy revival. As property prices have stabilized now, income levels are rising, interest rates have dropped and property registrations are at an all-time high.
The upcoming festive season until Year end is going to be a great time for the real estate sector. The property rates are expected to rise as it will be a great opportunity for all property seekers & investors who have been looking at investing in real estate in Gurgaon.
While discussing the current scenario of the industry, a real estate expert and Managing Director of Urban Plus Infrabuild, Rahul Setia said, “The on-going scenario of Gurgaon real estate gives you an ample opportunity to grab your investment at best prices as all the developers will be running a festive season sales. What started as a slow year, will end on a wonderful note. The low interest rates that have been fixed pre-festivities will be a hallmark in the market and will certainly bring a boom in the market and sales have already zoomed better than pre covid levels.”
“This goes to show that despite the challenging macro environment there are consumers in the market, who remain interested in putting money in real estate. The COVID-19 pandemic has reinforced the importance of owning a bigger space and second income source was visible in the sales numbers during the festival season,” he said.
In Setia’s opinion, “Market has already seen the sudden boom in the real estate market since the past few months. We feel the festival season will witness a boost in the market’s sales. The festival season is considered an auspicious event to make investments and what better way to mark the occasion by investing in property.”
Urban Plus is a leading real estate developer and advisors in Delhi-NCR region. The team of experienced professionals from Urban Plus pride themselves on being a boutique real estate firm that focuses on the needs of specific clients. Urban Plus offers a premium service to organizations and individuals with whom they share common goals. Urban Plus is synonymous with the high-quality service offering and premium brands, takes an approach to real estate that is long term in nature and invests in strategic relationships.
In recent conversation, Setia quoted, “We have always said that our relations with customers are of utmost priority. We believe in building trust with our customers and going the extra mile to bring that spark in their eyes/a smile to their face. We feel our customers deserve an extraordinary experience. Because of this approach, we have been able to complete 500+ transactions post second wave.”
Led by a group of dynamic and visionary investors and a Managing Director having 15+ years of experience in the real estate industry, Urban Plus aims to help people who don’t have any prior experience in buying or selling properties.
COVID Pandemic ignited a boom in commercial real estate sector, Investment becomes a safer option for buyers. 6
Real Estate sector of Gurugram has shown an upward trend when everyone had thought dip but it is proving to be involatile even during this unprecedented time.
Pandemic has made people realise the value of second income in which Commercial Real Estate has emerged out as top choice of investment as it guarantees passive Income and Capital appreciation.
Opening up of the restrictions after the Covid second wave led to a V shape recovery again in the realty sector leading to upsurge in the demand for Commercial sector where sales have even gone past pre Covid levels now.
It’s just the start of boom in Commercial Real Estate and I see the trend catching up more with the high income group of youths with evolved mind set of owing a physical asset with guaranteed income than other sources of investments.
M3M India signs MoU with Swedish Firm to Develop Climate Neutral Smart City in Gurgaon 8
In a boost to India smart city revolution NCR base realty major M3M India recently signed a Memorandum of Understanding (MoU) with a Swedish firm to develop India’s first climate-neutral smart city in Gurugram, Haryana, on 165-acre land parcel with an expected potential to attract foreign investment worth $2 billion. M3M signed an agreement with Sweden-based Urban Systems Sweco AB to develop a smart city project in Gurugram.
The proposed smart city will take about seven to ten years to be completed and will scout for foreign investments for different services. The project which the developers are calling ‘Sustainable Smart City’ will be located along the Dwarka Expressway and its focus will be on water conservation through reuse and recycling. The city will be a mix use development featuring both residential and commercial establishments.
The agreement was signed during the India-Sweden Business Leaders Round-table and in the presence of Carl XVI Gustaf, the King of Sweden. Ibrahim Baylan, Minister of Enterprise, Sweden, Ann-Sofi Gaverstedt, Deputy Director Trade Promotion Policy and Sustainability, Teknikfretagen (The Association of Swedish Engineering Industries), Will Sibia, Chairman, Urban Systems Sweco AB and Basant Bansal, chairman of M3M were also present. Sweco AB is a renowned European engineering consultancy company, engaged in the fields of construction, architecture, and environmental engineering. Will Sibia, head, International Business & Strategy, Sweco AB states that they will act as system integrator both in terms of finance and technology. Bringing in the best in class knowledge and best in class technology and the best practices globally to create an Eco-governance structure to create India’s first climate neutral city.
According to Ibrahim Baylan, Minister of Enterprise, Sweden the wonderful project does not harm the climate or environment and they have changed our way of doing things in Sweden. M3M strategies to raise about $2 billion of capital to be invested in the project. The company plans to construct the first phase, spread across 25 acres, on its own. They also plan to list the project on the stock exchange in Sweden. Pankaj Bansal, director, M3M said that they were pleased to collaborate with the Swedish company for the development of a sustainable smart city project, which is near the Delhi Airport. The development will be in line with UN Sustainable Development Goals and Paris Agreement. The project will have features like water conservation, re-usability and 100 percent waste recycling.
Based in Gurugram, M3M is also working on other high-profile projects in the city, such as the Trump Towers with 275 luxury residences, in sector 65, Gurugram and has a joint venture with Tribeca Developers, the official representative of The Trump Organization in India. The project is set out to be the most luxurious premium residency standing over at a magnanimous height of two hundred meters that is determined to rule the skylines of the entire National Capital Region. This residential project will have 3 and 4 BHK luxury apartments in Gurgaon that are ingeniously designed to offer its residents with the most luxurious life style and a peaceful home. This one of a kind Project has sold out over twenty apartments worth 150 crores in just a single day. M3MTrump Tower Gurgaon will also provide its residents with all Trump Tower facilities such the white gloved services, a resident care taker that is just a call away from helping with all your needs, valet service and much more. The rich and modern facilities of these apartments include an all internal furnishing and fittings, an exclusive club for the residents, an infinity edged swimming pool that is temperature controlled.
The ultra-luxury apartments will have one family lounge and a private lounge in the master bedroom.
A 22 feet Double height ceiling in living area in 4 BHK Duplex Apartments will be provided. Every room will incorporate floor to ceiling windows. The building is all glass facade which is in a signature Trump style.
Exclusive Trump Card for residents gives access to privileged, concierge and valet services worldwide in all Trump Towers.
Private 32,000 sq. ft. approx. premium luxury clubhouse for the residents and an infinity edged temperature-controlled indoor pool, spa and fitness center, fine-dining restaurant, business center, and in-residence catering.
Designed by Arcop International, Montreal Canada ‘M3M Golf Estate’ is the largest luxury condominium residential property in Gurgaon. Strategically located on Golf Course Extension Road, Sector 65, Gurgaon, the luxury apartments offer a breath-taking view of a 9-hole executive golf course along with 7-star resort high end amenities. Offering 3 BHK, 4 BHK as well as imperial duplex along with triplex penthouses this luxury residential property in Gurgaon also has an Eco-friendly landscape design and a world class club house.
A 9-hole executive golf course, the project also features swimming pool and jogging tracks on roof top, adventure play zone, tennis and basketball court, restaurant, video game room, mini theatre, etc.
Amenities like rock climbing, basketball, skating rinks, floating sauna and picturesque pool.
1,20,000 square feet majestic club comes with multipurpose lounge, billiards room etc.
Other facilities include kids creche, convenient shopping, doctor on call, concierge on call, young kids club and much more.
Round the clock security and water/power back up.
Located in sector 65, Gurgaon, which is connected to reputed School, hospitals, commercial sector.
Reputed schools like Heritage, Scottish High, Pathways, G.D. Goenka, Shriram are in close proximity.
Located near renowned hospitals like Max, Artemis, Medicity and Fortis.
