ORS Infra – Royal Residency

Hi All,

I hope that all of you are looking for an update about Royal Residency Faridabad. Either you have invested already or you want to invest in the Royal Residency of ORS Infra – Sec 89 Faridabad. 

Let me tell you guys that I am an investor like you in the same Property and own a 3 BHK Flat. 

So, the purpose of this Blog is to update you about the latest Progress of Building construction, Upcoming highways, Road construction across the sectors, Delhi to Sec -89 Road, Road construction Neharpar, Delhi Metro Station in Fraidabad and all the other latest upcoming avenues.

Company Information :

The company is coming up with a World Class Group Housing Project in Sector – 89,Faridabad.The company is also planning to develop farm houses with modern amenities and a integrated township in Bhiwadi,which will be one of the finest choices among NCRs.The company has a vision to build a World Class Real Estate Development Company.

Bhomi Pujan :

Bhoomi Pujan was done on 18th July 2008.

Location Map :

 

Click to see here in google map

Click to see here in google map

 

 

 

Location in Google Map

Location in Google Map

 

Floor Plan :

Layout Plan of 2 Bhk ( 1200 Sq Feet )

 

2 BHK Floor Plan

2 BHK Floor Plan

Layout Plan of 3 Bhk ( 1500 Sq Feet )

3 BHK Floor Plan

3 BHK Floor Plan

 

Friends, I want us to be in touch for this ORS Infra updates. 

I hope that you guys can join me here and make my effort successful.

You can join me here on yahoo groups as well :  ORS_faridabad_nic_nhps@yahoogroups.com

Thanks,

Mayank

ORS Membership Number ?

Hello Folks, 

Did you receive any information about membership number or Flat number in ORS ?

Please do reply in the comment section …

Thanks,

Mayank

For home buyers, it’s a long wait as builders go slow on projects

High raw material costs, rising interest rates and spiralling inflation have pushed up construction costs, making it difficult for developers to complete projects on time

New Delhi/Bangalore: An investor who had put in Rs3 lakh in a realty project of New Delhi-based Triveni Infrastructure Development Co. Ltd is in a fix.
After launching the project in 2006 and promising to complete it in 24 months, the company has not allotted the apartment to the investor who asked not to be named as he fears the company would not give back his money.
The investor, 30, who lives in Rampur, Uttar Pradesh, paid Triveni the money as booking amount for an apartment in Triveni Galaxy, a high-rise complex coming up in Sector 78, Faridabad, a suburb of New Delhi.

“I paid the booking amount when the pre-launch of the project took place in 2005,” he said. “But since then, the allotment of the apartment hasn’t been done, and they insist that I pay up the remaining instalments for it.”
A spokesperson for Triveni said: “Work is in full swing in the sector 78 project. Around 40-45% of the total work has been completed and we are trying our best to give the possession before the start of the Commonwealth Games (to be held in Delhi) in 2010.”
After a three-year boom, developers have slowed construction on projects as they are facing a financial crunch. High raw material costs, rising interest rates and spiralling inflation have pushed up construction costs, making it difficult for developers to complete projects on time.
There are many people who have been left in the lurch by developers who have delayed completing projects they launched during the real estate boom of 2005-06.
There are examples galore especially in New Delhi’s suburb of Gurgaon. Work on the high-rise apartments in Parsvnath Green Ville, a project by Parsvnath Developers Ltd on Gurgaon-Sohna Road, has been delayed by six-eight months, property brokers said. While low-rise apartments under the project have been handed over to buyers, possession of high-rise flats has been delayed by six months, said Rajiv Sinha of Veena Estate, a real estate agency.
Parsvnath’s spokesperson, Neetal Narang, however, denied any delay. “The project is on track,” she said.
Apartments in The Close, a Gurgaon housing project launched by Unitech Ltd, India’s second largest developer, in October 2004 have still not been handed over to buyers. “There are 17 towers in the north wing, of which 10 are close to possession and six towers are over a year behind completion date,” said Sanjay Sharma of real estate agency Gurgaonscoop.com.
Unitech declined to comment on the delay.
The story repeats itself in other cities. An information technology (IT) professional booked a Rs24 lakh two-bedroom flat at Electronic City in Bangalore in early 2007 when the property market was up and about. The project is now delayed by a year. Many of the buyers shot emails to the builder, Ittina Group, seeking reasons for the delay, but there has been no response.
“We know the builder didn’t have the funds to continue with the construction and, therefore, the delay. Now we are promised a December 2008 possession, but we aren’t convinced,” the IT professional, who is 39, said on condition of anonymity.
A senior official at Ittina said buyers would shortly be given possession, but didn’t specify when. The official didn’t wish to be quoted because he is not authorised to speak with the media. Interestingly, the company’s website says possession has already been given for the project.
Property brokers in Bangalore said the Shantiniketan project in Whitefield by the Prestige Group is delayed by two years and will now be completed by mid-2009. “A number of projects in Whitefield are stuck because the area is suffering from oversupply, and builders are cautious to continue construction even after launching them,” said Suresh V., a realty consultant.
A senior Prestige official, who requested anonymity as he is not authorized to speak with the media, had told Mint earlier that most of its projects were delayed due to rising construction costs.
Liquidity problems have also caused realtors to build in phases to bail themselves out from a slow market. Builders are dividing projects into phases, selling one phase and pumping the money from sales into the next.
“It is a wise move because it enables cash flow and allows construction to go on,” said Shailesh Kanani, an analyst with Angel Broking Ltd. “But builders are sitting on huge inventories and are unable to continue building without offloading stock, which is why the delays and projects stopping mid-way.”
Project delays have also propelled many developers to offer a safety net in the form of a penalty clause in the sale agreement. Tata Housing Development Co. Ltd, for example, has introduced this clause for the first time in its 32-storeyed Aquilla Heights project in north Bangalore. “The company pays the customer a penalty amount on a monthly basis if the project is delayed. This also puts pressure on the developer to deliver on time or else they need to pay up,” said a company spokesperson.

First TBM on the Central Secretariat – Badarpur Corridor Starts Work

The first tunnel boring machine (TBM) on the 20.16 km long Central Secretariat – Badarpur Metro corridor started work on 9th September 2008 at Jangpura in the presence of DMRC’s Managing Director, Dr. E. Sreedharan.

The TBM will break through in December this year at Jawaharlal Nehru stadium after creating a 584 m long tunnel. This TBM will operate on the down line.

The Central Secretariat – Badarpur corridor has an underground section of 6.1 km, comprising four stations, which are, Central Secretariat, Khan Market, Jawaharlal Nehru Stadium and Jangpura.

Another two TBMs will be deployed on the Udyog Bhawan – Khan Market (1776 m) stretch by November. All the tunneling activities on the corridor are expected to be completed by June 2009. The TBMs are manufactured by Herrenknecht of Germany.

For Phase-II of the Delhi Metro, DMRC will use 14 TBMs out of which 7 TBMs have already started working in Delhi. This is for the first time in any Indian city and perhaps for the first time in any Asian city that so many TBMs will be used simultaneously for building Metro tunnels.

The second phase of Delhi Metro will comprise about 30 kms of underground section of which about 16 kms are to be built using TBMs.

Currently, many experienced Thai muck train drivers are driving these trains on the Delhi Metro construction sites. 

Currently, about eleven Muck Trains are working round the clock on the underground section of the Central Secretariat – Gurgaon corridor. Some more are expected soon on the Airport Express Link and the Central Secretariat – Badarpur section when the TBMs start functioning there.

DMRC approves extension of metro linkage to Faridabad

In a bid to connect the adjoining cities of the capital with a faster mode of transport, the board of directors of Delhi Metro Rail Corporation (DMRC) has approved the extension of metro linkage from Badarpur to Faridabad.

The 13.8 km elevated route from Badarpur to YMCA Chowk in Faridabad is estimated to cost about Rs 2000 crores as per the detailed project report (DPR) prepared by the Haryana government.

“The DPR was placed before the board of directors chaired by the Urban Development Secretary and it was approved after a threadbare discussion on the issue,” said a senior Urban Development Ministry official.

“The aim is to decongest the capital city and the Metro linkage to Faridabad is a step in this direction,” said the official.

Now the proposal would go to the Group of Ministers for final approval.

The work on the 20 km-long metro route connecting Central Secretariat with Badarpur is in progress and expected to be completed by September 2010.

“So now the proposed extension of metro route to Faridabad would be a great help for commuters coming daily to the capital,” said the official.

Target Opening Dates of Various Corridors of Phase – II

 

Corridor Approx. Length (in kms) Target Opening Dates
Shahdara – Dilshad Garden 3.09 Commissioned
Indraprastha – New Ashok Nagar 8.07 June 2009
New Ashok Nagar – Noida 7.0 June 2009
Vishwavidyalaya – Jahangirpuri 6.36 October 2009
Yamuna Bank – Anand Vihar ISBT 6.17 December 2009
Qutab Minar – Gurgaon 14.47 January 2010
Kirti Nagar / Inderlok – Mundka 18.46 March 2010
Central Secretariat – Green Park 6.6 April 2010
Green Park – Qutab Minar 5.9 June 2010
a) New Delhi Railway station – IGI Airport 19.2 August 2010
a) IGI Airport – Dwarka Sector 21 3.50 September 2010
Badarpur – Sarita Vihar – Lajpat Nagar 6.51 September 2010
Extension from Dwarka Sector 9 to 21 2.76 September 2010
Anand Vihar ISBT – Vaishali, Ghaziabad 2.5 September 2010

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