Bhiwadi: The next boom town

   Bhiwadi, is strategically located between Delhi, Gurgaon and Jaipur now enjoys the status of a Regional Centre or Priority Town of the National Capital Region (NCR), and has been able to create a niche for itself among the fast growing cities of India.

For developers and small investors in real estate, it has already become a destination of choice.

Bhiwadi, in Rajasthan’s Alwar district, is a fast modernising town with all facilities available. Numerous industries have come up in the surrounding regions such as Bhiwadi-Neemrana, Dharuhera, Tapukhera, Khushkhera, Chopanki, Bawal, etc.

Modern agri practices to be introduced Khushkhera-Bhiwadi-Neemrana zone

   The ensure availability of water for industrial use in Khushkhera-Bhiwadi-Neemrana (KBN) zone on the Delhi-Mumbai industrial corridor (DMIC), state government will develop the zone as the modern agriculture hub. State government officials have been asked to submit a detailed plan to department of industrial policy and promotion (DIPP) by December 2012.

While 85% water in the zone is utilized for agricultural purposes, the state government has intensified efforts to implement modern and efficient practices to ensure optimum use of resource and check wastage. This, in turn, will ensure adequate water supply for the industrial and manufacturing zone.

Haryana, Rajasthan clear alignment of Delhi-Jaipur expressway

   The proposed six-lane expressway from Delhi to Jaipur has cleared a major hurdle. The new alignment of the expressway, which will have a limited number of entries and exits, has been approved by Haryana and Rajasthan. The two states want National Highways Authority of India (NHAI) and the highways ministry to consult them while proposing real estate development along the expressway. 

    Delhi government has already given an in-principle approval to the access-controlled expressway which is expected to slash travel time between the two cities to less than three hours. The length of the new alignment will be around 230-240 km. The portion of the expressway falling in Delhi will be elevated since availability of land is a problem in the national capital. 

Raheja to develop over 17,000 housing units in 5 yrs in NCR

   Realty firm Raheja Developers today said it would construct over 17,000 residential units in next five years aiming to generate revenues of nearly Rs 4,100 crore.The company also said it would develop about 2,800 affordable flats in the Capital during the same time period.

"We are planning to construct around 17,160 units in next five years. These will be spread across four projects. The project revenue will be nearly Rs 4,100 crore," Raheja Developers Chairman Navin M Raheja told PTI.

Reliance asks Haryana to declare agri land 'urban'

  Reliance Haryana SEZ Limited (RHSL), the special purpose vehicle (SPV) incorporated to implement the now-shelved Special Economic Zone (SEZ) project in Gurgaon and Jhajjar districts, has asked the Haryana government to declare "urban" the chunks of agricultural land in Gurgaon district which Reliance had bought from farmers.

   Reliance's request is being viewed as an attempt to get round the land ceiling law in Haryana. As per the Haryana Ceiling on Land Holdings Act, the permissible area allowed for an individual to possess ranged from 18.12 to 54.5 acres. However, an amendment was made in the Act in October 2011, which exempted land acquired for non-agricultural purposes and falling within an "urban area" - as defined in the Haryana Development and Regulation of Urban Areas Act - from the ceiling law.