Developers are exploring new places in and around the NCR,as the pressure of increasing population and unavailability of land forces them out of Delhi and its immediate suburbs.
One such place is East Delhi Extension.It comes under the area of Tronica City and Baghpat (Uttar Pradesh sub-region of the NCR) and is developing very fast.It is 18km from the ISBT and 14km from the Delhi border.In recent times,major realty players have started their projects here.
Even the NCR development board has given East Delhi Extension priority over other areas for development and budgetary allocations.Thus,in the near future,this area would be in demand and a safe investment destination.
The Delhi government has also announced two bridges over Yamuna to ease the connectivity of this belt with North Delhi and Central Delhi.
India's first signature bridge across the Yamuna at Wazirabad promises to enhance connectivity of this place with Delhi.The cable-stayed bridge will link NH-1 's existing T-point at Wazirabad on the western bank with the marginal bund road at Khajuri Khas on the eastern bank of Yamuna,thus connecting North Delhi with East Delhi and East Delhi Extension.This bridge would be a major boon and enhance connectivity of East Delhi Extension with Delhi.
P N Singh,the vice-chairman of Baghpat Baraut Khekhra Development Authority (BBKDA),says: "The area is on prime priority of UP government and the NCR Development Board,which has announced major real estate and infrastructural development in this belt.UP Awas Vikas Parishad has recently acquired 2,700 acres for residential,commercial and recreation development.For connectivity,the road contract has already awarded;it will be a 6-lane national highway connecting Delhi-Saharanpur."
Vimal Sharma,the joint housing commissioner of UP Awas Vikas Parishad,says: "Keeping the forthcoming infrastructural requirements in mind,we have launched a residential township project,Delhi Saharanpur Marg Bhumi Vikas and Grihasthana Yojna for Aasra and Sapna Enclave on Delhi Saharanpur Marg near Tronica City.
Of 2,700 acres acquired,20 acres have been earmarked for the forthcoming housing project.Grihasthana Yojna will be a good alternative to the crowded Delhi region and will create an attractive environment for high-quality living,work and recreation."
S V Singh,the deputy housing commissioner of UP Awas Vikas Parishad,says: "This scheme has already been closed.Awas Vikas is now planning to launch the next scheme on the same acquired area.
Under Delhi Saharanpur Marg Bhumi Vikas and Grihasthana Yojna,the development authority has received 5,100 applications for 4,460 built-up houses.Thus,most of the applicants are sure to get their dream house.The built-up houses will be allotted through a lucky draw.Under the scheme,there will be two types of flats: Asara Type 1 & 2 and Sapna Type 1 & 2.Asara Type1 will have a total of 1,984 flats with 33.59 sq metre super area each,while 884 Type 2 flats will have a super area of 47.73 sq metre.Sapna Type 1 will have a total of 608 units of 64.27 sq metre super area and 1,024 flats of 85.74 sq metre super area.The price of these categories ranges from Rs 5.80 lakh to Rs 21.41 lakh."
Apart from UP Awas Vikas Parishad,NBCC (National Building Construction Company) has joined hands with a private developer,Mahavir Hanuman Group,to deliver 10,000 flats.The joint venture has launched a project called NBCC Town.The first phase of this project will be up for possession this month.
Mahesh Pawar,the chairman and managing director of Mahavir Hanuman Group,says: "We have recently launched River Park.It's a township which has been subdivided into River Park I and River Park II,both over 120 acres.The township redefines lifestyle in East Delhi Extension.Set amidst nature,with Yamuna running in its backyard,River Park is all about scenic beauty.A major industrial group is also looking for a 'nano-housing' option in this area."
There is also fast development in Tronica City,part of East Delhi Extension.UPSIDC is developing the area and it is divided into residential and industrial sectors.There are nearly 12 residential sectors.Connectivity issues are being sorted out with the four-laning of the Sonia Vihar Road,widening of the Delhi-Yamunotri highway and of course,after the completion of the Signature bridge.The city is conveniently approachable from Alipur-Bund Road along Yamuna on the western side and Delhi-Saharanpur road on the east.
Ansal's East End Tronica City offers world-class roads,amenities and living conditions.And with most industries moving out to the suburbs,it is likely to be a hub of commercial activities on Delhi-Baghpat Road.
Sanjiv Chaudhary,the director of RMS Group,says: "We have seen a growth in demand in the last couple of months.People are looking for safer investments in closer proximity to Delhi.East Delhi Extension fits on both the parameters.The area is not only a safe investment destination but affordable as well."
RMS Group has also launched residential and commercial projects here.Sanjiv Chaudhary,the director of RMS Group,says: "All our real estate projects like RMS Swarneem,Plaza Tronica City,Signature Residency Tronica City,Signature Residency II,RMS 3,City Centre,etc,are going to contribute to the remarkable growth in real estate of Tronica City."
With a length of around 575 metres and a height of 175 metres,the proposed Signature bridge will have a bow-shaped pylon in the middle.
Two high towers will be erected to provide double-cable support in the inner periphery of the carriageway.
Plans are also afoot to construct a pedestrian subway.With four lanes,this engineering masterpiece will have 1.2-metre-wide central verge,space for anchoring cables,maintenance walkway and crash barriers on either side of the central verge.The deck will be composite (steel and concrete) while the pylon will be of steel.
Once the Signature bridge is complete,it will dramatically improve access between North and West Delhi and towards East Delhi Extension for commuters,who have to pass through the narrow lane on the present bridge in Wazirabad,leading to heavy traffic jams in peak hours.
PEOPLE ARE LOOKING FOR SAFER INVESTMENTS IN CLOSER PROXIMITY TO DELHI.EAST DELHI EXTENSION FITS BOTH THE PARAMETERS
UP AWAS VIKAS PARISHAD HAS RECENTLY ACQUIRED 2,700 ACRES HERE TO DEVELOP RESIDENTIAL,COMMERCIAL AND RECREATIONAL PROJECTS
Courtesy – Times Property (Times of India) Dt – 24/3/2012