Friday 15 April 2016

Earth Infrastructures talks about the metro plan connecting Gr Noida and IGI

Earth Infrastructures, an expert of Real Estate sector, which has already bequeathed various prolific properties in Noida, Delhi, Gurgaon, Lucknow & Greater Noida brings an elated news for UPians and Delhiets! A metro track connecting Greater Noida, Noida and IGI Airport will come in place very soon. This metro track is intended to facilitate passengers to reach airport in about 55 minutes where number of stations would be limited to Greater Noida at Bodaki and Pari Chowk, Noida Metro stations, Mayur Vihar phase-I and Tughlakabad in Delhi, and Aerocity at IGI Airport, that would mean the journey of approximate 52.9 kms would be over in just a glimpse of an eye considering the metro link is expected to run at a speed of 160 km per hour with only five or six station stops on its entire track.

Recently in a meeting convened by the Union urban development Ministry, the government of Delhi in company with UP were resorted to submit a detailed project report;  a high-speed Metro link between Greater Noida and IGI Airport which has subsequently gone in the hands of Greater Noida Industrial Development Authority and Delhi-Mumbai Industrial Corridor Development Corporation Limited. Since transport is a state matter, both the authorities have to come together with a joint plan which would include details of the alignment of the track and mode of funding for the proposed corridor. Further, as everybody knows the magnificent contribution of Delhi Metro Rail Corporation in both states in regard of metros, its services are likely to be availed while putting this new project in fix. As Ministry gears up to ease some travelling loads for a common man, this forecast shall be a cheer in anonymity.

Saturday 2 April 2016

New building bye-laws for Delhi to ease approvals, documentation

The real estate sector is rejoicing as real estate and construction projects in Delhi will now get government approvals within 30 days, said Earth Infrastructures Ltd, a leading real estate developer of Delhi NCR.
The approvals will happen through an integrated online single window approval process under the revised building bye-laws for the city. The new 2016 bye-laws also integrate environmental clearances with the building sanctioning process, reduce the number of documents for building permits and completion and occupancy certificates and provide for green buildings.
“The government has now eased the building approval process. There will be just one common single application form for online submission by the building applicants and single payment to the concerned urban local body electronically. Much to the relief of the industry, obtaining permission for commencement of construction has also been removed,” said Earth Infrastructures Ltd. 

Buildings are now categorized based on risk - low risk with 105-500 sq mt built up area and very low risk god owns of up to 250 sq mt. Local bodies will be required to grant permits within 10 to 20 days.

Building with built up area between 20,000 and 150,000 sq mt will now be able to get environmental clearance from urban local bodies. Residential plots of size up to 105 sq mt are not required to obtain sanction of building plans.

There has also been a deduction in the number of documents to be submitted for obtaining building permits. They have been reduced from 40 to 14 and for obtaining completion-cum-occupancy certificate from 36 to 9.

The Unified Building Bye-laws for Delhi -2016 has mandated all buildings on plot sizes of more than 105 sq mt to conform to the mandatory green building norms. These will include water conservation and management, solar energy utilization, energy efficiency and management for obtaining sanctions. “The measures will help Delhi become greener, sustainable and eco-friendly,” added Earth Infrastructures Ltd.
Unified Building Bye-laws for Delhi was revised after 33 years. The previous byelaws, which were notified by Delhi Development Authority (DDA) in 1983, had been amended many times, with last amendments made in 2009. The new revised byelaws have been notified by DDA and will be applicable on the areas under DDA's jurisdiction.

Friday 1 April 2016

Greater Noida set to go green, will boost infrastructure, says Earth Infrastructures Ltd,

Its good news for Greater Noida as the city is gearing up to go greener. Greater Noida Industrial Development Authority is expected to implement the environment management plan (EMP), a comprehensive environment-friendly land-use strategy to protect the environs, and increase the ground coverage of recreational green areas in the city. Earth Infrastructures Ltd, a leading real estate company of Delhi NCR, said that the announcement has made the realty sector cheerful as people are now moving towards greener places to reside and to invest, making Greater Noida a profitable future investment.

On Tuesday, GNIDA issued a public notice for incorporating the revisions in its Master Plan-2021. It has invited suggestions and objections within 15 days.
The EMP has been approved only recently. “EMP will boost green spaces, recreational green playgrounds, and better streets and enhanced cultural participation. It will offer an inclusive plan for land use that takes into account the development of the city for over the following two decades,” said the official spokesperson of Earth Infrastructures Ltd. 

Apart from the green plan, GNIDA also proposes to revise its building bylaws to enhance it’s per person per hectare density of the planned population of the city. The proposal is to allow an increase in ground coverage in recreational green category of land in the city.

PC Gupta, additional CEO of GNID, said after the approval from all stakeholders, they will allow ground coverage of 25% instead of the earlier 20% in projects coming up in recreational green areas of Greater Noida. "Considering we have earlier allowed a 0.5 enhancement in floor area ratio (FAR) along the Metro corridors to give realty a boost, there is a corresponding need to increase the ground coverage, which is what we have now revised," he added.

Another amendment in the Master Plan envisages allowing abadi plots for farmers in land parcels other than those designated for residential use. "Following directions of the Supreme Court, GNIDA is supposed to distribute enhanced compensation of 64.7% for land acquired and 10% developed plots in lieu of abadi land to farmers," said Gupta.