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Industry Updates
Industry Updates

Industry Updates

Huda to clear 600 metre Kherki Daula stretch to link Dwarka e-way, NH8
07 - Jan - 2018
Huda to clear 600 metre Kherki Daula stretch to link Dwarka e-way, NH8

A section of Dwarka expressway was incomplete in Kherki Daula due to delay in removal of structures, which had obstructed the connection of the expressway with NH-8.

Final hurdle on Dwarka e-way off, to be ready by March 2018
13 - Dec - 2017
Final hurdle on Dwarka e-way off, to be ready by March 2018

This is good news for real estate companies that had invested over Rs 60,000 crore in residential and commercial projects along the 150-metre-wide roadway, but had been stymied by the reluctance of buyers due to lack of proper connectivity.

Dwarka Expressway: Home buyers at NHAI door for faster completion
25 - Sep - 2017
Dwarka Expressway: Home buyers at NHAI door for faster completion

NHAI also recently announced NCR’s longest-elevated corridor on the expressway

Dwarka Expressway: Land acquisition irregularities delay CPR project, yet no probe ordered
31 - Jul - 2017
Dwarka Expressway: Land acquisition irregularities delay CPR project, yet no probe ordered

Huda is now planning to acquire an additional eight acres to change the road’s alignment, which, being a complex process, may take several months and also increase the cost of the project.

Plots for Dwarka Expressway oustees soon to clear way for sector roads
14 - Jul - 2017
Plots for Dwarka Expressway oustees soon to clear way for sector roads

The sectors 91 to 115 are developed along the Dwarka expressway and a large number of residential and commercial projects are coming up in these areas

Govt plans elevated parallel highway to Delhi’s IGI Airport
13 - Apr - 2017
Govt plans elevated parallel highway to Delhi’s IGI Airport

The minister said the government will also construct a tunnel from Haryana side and connect it with the T3 international airport to reduce the frequent traffic jams

Sobha surges 6% intraday on low level buying; Should you buy?
13 - Apr - 2017
Sobha surges 6% intraday on low level buying; Should you buy?

On the BSE, 1.03 lakh shares were traded in the counter so far, compared with average daily volumes of 6.63 lakh shares in the past one quarter

Sobha’s property sales down 6% in FY 2016-17 at Rs 2000 crore
05 - Apr - 2017
Sobha’s property sales down 6% in FY 2016-17 at Rs 2000 crore

The company had achieved sales booking of Rs 2,145.80 crore in the 2015-16, Bengaluru-based Sobha Ltd said in its operational update filed on BSE

Dwarka Expressway, IMT Manesar connection in 2 weeks?
03 - Apr - 2017
Dwarka Expressway, IMT Manesar connection in 2 weeks?

The urban development authority had planned to connect Dwarka expressway with IMT Manesar via master roads of Sector 84, 85, 86, 87 and 88

Land acquisition for Dwarka Expressway’s 1km stretch in Delhi to kick off
24 - Mar - 2017
Land acquisition for Dwarka Expressway’s 1km stretch in Delhi to kick off

Unlike acquisition of land under the Land Acquisition Act, land acquired under the NHAI Act cannot be challenged in court

Punjab & Haryana HC clears way for completion of Dwarka Expressway
21 - Mar - 2017
Punjab & Haryana HC clears way for completion of Dwarka Expressway

The Haryana Urban Development Authority (HUDA) now aims to give the possession of plots by April 10

For now, a temporary road to link IMT Manesar and Dwarka e-way
06 - Mar - 2017
For now, a temporary road to link IMT Manesar and Dwarka e-way

The urban development body had planned to connect the expressway with IMT Manesar via the master roads of Sector 84,85,86,87 and 88.

Dwarka Expressway oustees to finally get plots on March 1
26 - Feb - 2017
Dwarka Expressway oustees to finally get plots on March 1

All eligible candidates, barring oustees with general power of attorney (GPA) and special power of attorney (SPA), will be given allotment letters

Dwarka Expressway: Huda hands over plot letters to oustees in New Palam Vihar
21 - Feb - 2017
Dwarka Expressway: Huda hands over plot letters to oustees in New Palam Vihar

They will get the possession of plots in a week and have six months to vacate the buildings that come in the alignment of the much-awaited expressway.

Home buyers, investors move HC for early completion of Dwarka Expressway
20 - Feb - 2017
Home buyers, investors move HC for early completion of Dwarka Expressway

The association has demanded the overall status of external development charges (EDC) and infrastructure development charges (IDC) collection from DTCP for the development of basic infrastructure

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