MUNDKA-BAHADURGARH METRO TRIALS IN DEC 2017-11-06

Mundka-Bahadurgarh Metro trials in Dec 2017-11-06

 

Monday, 06 November 2017 | Staff Reporter | NEW DELHI

 

Trial runs on Delhi Metro’s Mundka-Bahadurgarh stretch are likely to begin in December, setting the stage for the mass rapid transit’s third foray into Haryana. Once the 11.18-km-long line starts in June 2018, Bahadurgarh will be third Haryana town, after Gurugram and Faridabad, in the DMRC fold. It will take just 45 minutes to travel from Bahadurgarh (City Park) to Mundka.

Confirming about the trial runs, a senior Delhi Metro Rail Corporation officer said, “Once the section becomes operational, it will take just one hour to travel from Rajiv Chowk to Bahardurgarh metro station. It takes up to two hours via road.”

The corridor, being constructed as part of the metro’s Phase III project, will have a total of seven stations, four in Delhi and three in Haryana.

In Delhi, the stations will be Mundka Industrial Area (MIE), Ghevra, Tikri Kalan and Tikri Border, while in Haryana the three stations will be Modern Industrial Estate, Bus Stand and City Park (Bahadurgarh).

The Mundka-Bahadurgarh Metro corridor is an extension of the existing Inderlok-Mundka Corridor (Line-5).

It will be an elevated metro corridor along NH-10 (Rohtak Road).

Talking about the major hurdle faced by the DMRC, the senior official said, “If the Haryana Urban Development Authority fails to provide land to the DMRC for laying tracks for a depot, there will be delay in the commissioning of the line.”

According to DMRC’s estimates, around 1.43 lakh people are expected to travel on the line daily. Another highlight of the upcoming corridor is that it will be the longest straight-line stretch in the history of the Delhi Metro without any bend or twist and turn between Mundka and Bahadurgarh.

BAHADURGARH LOW BUDGET GOOD RETURN INVESTMENT

AREA WATCH: BAHADURGARH

Down but not out

This industrial and knowledge hub with an affordable price tag can be the perfect entry point for homebuyers with limited budget but longer investment goals

 

 

Geetu Vaid

With stagnant prices, delayed projects, slow sales and reluctant buyers the realty outlook for several lesser known micro markets of NCR has not been very positive over the past couple of years. So while in spite of a slowdown and delayed projects Greater Noida, Yamuna Expressway, New Gurgaon, Sohna etc have managed to remain on the buyers’ radar, others like Bahadurgarh, Bhiwadi, Manesar have failed to live up to their potential. 

 

Apart from buyer scepticism and investor apathy these micromarkets have also seen poor infrastructure growth. Bahadurgarh is one such NCR town that has seen sales plummeting over the past two years with real estate agents virtually writing it off as a “prudent” investment option. Primarily an industrial hub, Bahadurgarh has the usual pain points of any industrial city.  “The pace of infrastructure growth has been slow and the town has poor civic amenities, which is a big put off for an odd buyer who comes scouting for this area”, says Somnath Dhaiya, who deals with properties in the NCR region. But in spite of its poor report card, market watchers claim that investing in a home in Bahadurgarh will not be a bad bargain in the long run. 

 

Firstly, it is one of the more affordable areas in the NCR at the moment with prices ranging between Rs 3,000 and Rs 4,200 per sq ft. A 1,150 sq ft to 1,600 sq ft two or three BHK here is available in the price bracket of Rs 30 to Rs 50 lakh. Along with this the presence of developers like Tata Value Homes, Omaxe, KLJ Developers etc takes care of the quality of construction here. Thus, industry mavens maintain that it is a good investment for those with limited funds and a longer investment window. 

There are a number of factors that will ensure growth of residential segment in this town over the next five years. “Situated in close proximity to both Gurgaon and New Delhi, Bahadurgarh has the potential of being the hub for the value and affordable housing segment in the NCR area. Its proximity to prime residential areas like Pitampura, Rohini, Janak Puri, Punjabi Bagh, Dwarka will establish Bahadurgarh as a major residential location in NCR”, says Brotin Banerjee, MD & CEO, Tata Housing Development Company. The group has an affordable homes project New Haven under construction in Bahadurgarh.

 

Key market drivers

 

 

The city is shedding its old skin with improved prospects in connectivity and infrastructure. It will be developed for a population of 4.84 lakh by 2031 AD. 

 

 

Connectivity is a major factor for homebuyers, especially in the NCR. Bahadurgarh is 30 km from Delhi, but with the work on Metro line connecting it with Delhi areas  likely to be completed by December  end this year, commuting will not be cumbersome. In fact, Bahadurgarh will be the fourth town in the NCR to be connected to Delhi through Metro after the completion of metro line to Mundka. The commuting time on this stretch will be 20 minutes and it will take slightly more than an hour to travel from Bahadurgarh to Connaught Place. The city is connected to Gurgaon via the NH-10 and also through the Kundli-Manesar-Palwal (KMP) expressway. This expressway, which intersects NH-1, NH-8 and NH-2, and NH-10 near Bahadurgarh, was delayed by more than five years which had lowered the real estate prices in Bahadurgarh. But the January 2015 Supreme Court ruling had put things on a fast track. The expressway is set to be the single major catalyst of residential and commercial development in this region.

 

 

The presence of a large number of industries and educational institutions are the other favourable factors for housing demand in the city. There are around 500 footwear units in Bahadurgarh contributing around one-third of the net turnover of the city. Apart from this; there are iron and steel fabrication, plastic industry, rubber industry, machinery fabrication, auto components, wires and cable manufacturing industry, pharma, sanitary, ceramics, medical equipment manufacturing industry too.

Bahadurgarh is also considered a knowledge hub due to presence of a number of government and private colleges and institutions. In addition, it is also developing as a major healthcare and medical facility node with the foundation stone of Maharaja Agrasen Medical University being laid by the Chief Minister of Haryana in August, 2015 and AIIMS, Jhajjar already in advanced stages of planning. 

 

 

Planned urban growth

The quality of life will also be good in Bahadurgarh as it is moving towards planned urban growth. It is among 38 cities in the Northern region that have been selected under Atal Mission for Rejuvenation and Urban Transformation (AMRUT).

The Haryana Government’s Final Development Plan-2031 AD for Bahadurgarh lays down the criterion for planned development of the city. For example, Sector 16 of Bahadurgarh has been developed as a general-purpose industrial area, Sector 17 as a Footwear Park. Currently sectors 2, 6, 7 , 9 , 9A are developed and sectors 1, 10, 11 and 13 are under development as residential sectors. The rest of projected population would be accommodated in residential sectors i.e. 1, 2, 3, 3A, 3B, 4A, 5 part, 6, 7 part, 9 part, 9A, 10, 11, 13, 14, 15, 19 part, 20 part, 23 part, 24 part, 25, 26, 27 part, 28, 28A, 29, 35 part, 36 part and 37. 

 

 

With a detailed development plan in place and better connectivity and industrial growth and availability of affordable and good quality housing, realty scene here  will not be under the cloud of slowdown for long.  

TATA VALUE HOMES ENTERS BAHADURGARH

TATA VALUE HOMES ENTERS NCR AFFORDABLE HOUSING SEGMENT

Jul 01 2015

 

Tata Value Homes, a wholly owned subsidiary of Tata Housing Development, has entered the national capital region’s affordable housing market with the launch of its New Haven project in Bahadurgarh.

“New Haven is a pioneering initiative by Tata Value Homes to fulfil the homebuyers’ full spectrum of lifestyle needs at an affordable cost,” the Mumbai-based company said in a statement.

The campus in Bahadurgarh will offer 2 BHK and 3 BHK residences ranging from 1,296 sq ft to 1,917 sq ft starting at a price of Rs 49.14 lakh. The project is targetted to enable homebuyers to experience quality life spaces at an affordable price.

This 1,700 units project would comprise 14 storeys, each spaciously spread and placed across the landscape. This would enable the residents to enjoy the beautiful open and green views, the company claimed. It would be ready for delivery in 2019.

Conveniently located just about 4.5 km from the under construction metro stations, namely City Centre and bus stand, the New Haven project at Bahadurgarh is spread across 21.7 acres.

The project boasts 70 per cent open spaces and has facilities such as tennis court, basketball court, cricket crease, children play areas, a Peacock Park, saffron field, lotus pond and a 750 meter jogging circuit.

The project is also equipped with a clubhouse of over 20,000 sq ft which will boast a fully equipped gymnasium, swimming pool with a separate kid’s pool, an indoor badminton court, games room and a meditation room.

“The new project is in line with our expansion plans for our affordable housing under New Haven brand across the country,” Brotin Banerjee, managing director and CEO at Tata Housing Development told Financial Chronicle.

He said with this launch, the company was confident of providing a comfortable lifestyle to home buyers with enough room for everyone to live and grow with modern amenities.

“Situated in close proximity to both Gurgaon and New Delhi, Bahadurgarh has the potential of being the hub for the value and affordable housing segment in the NCR area,” Banerjee said. zz

 

MAHARAJA AGRASEN MEDICAL UNIVERSITY IN BAHADURGARH

MAHARAJA AGRASEN MEDICAL UNIVERSITY IN BAHADURGARH

 

Chief minister Manohar Lal Khattar laid the foundation stone of Maharaja Agrasen Medical University at Bahadurgarh on Aug 29, 2015.

He also laid stones of four new medical, nursing, paramedical and hospital management colleges to come up in the medical university at the cost of about Rs 500 crore.

PDM UNIVERSITY BAHADURGARH

Under the Haryana Private Universities (Amendment) Bill, 2015, PDM University will be set up in Bahadurgarh, district Jhajjar. This University would be the 19th private university of the State after implementation of the Haryana Private Universities Act, 2006.

Tata Housing to invest Rs 600 crore on new Bahadurgarh project

Tata Housing to invest Rs 600 crore on new Bahadurgarh project

By PTI | 8 May, 2015,T

NEW DELHI: Realty firm Tata Housing will invest about Rs 600 crore to develop a new residential project at Bahadurgarh, Haryana.

The company has tied up with a local developer, who owns 21.7 acres of land, to develop this housing project comprising 800-1,000 units.

Tata Housing subsidiary Tata Value Homes said in a statement it has entered into Delhi-NCR's affordable housing market with the launch of this project in Bahadurgarh. The apartment price starts from nearly Rs 50 lakh.

Tata Housing did not mention the total investment to develop this project, but sources said it would be about Rs 600 crore.

The company has received all the necessary approvals to develop this project and construction works would start soon, they added.

Tata Housing MD & CEO Brotin Banerjee said: "Situated in close proximity to both Gurgaon and New Delhi, Bahadurgarh has the potential of being the hub for the value and affordable housing segment in the NCR area."

Tata Housing is a closely held public limited company and a subsidiary of Tata Sons Ltd, which holds 99.86 per cent stake in the realty firm.

It has 70 million square feet under various stages of planning and execution and an additional 19 million square feet in the pipeline.

At present, Tata Housing is developing three projects in Gurgaon.

Yokohama inaugurates its first tyre plant in India at BHADURGARH

Yokohama's new tyre manufacturing plant at Bahadurgarh, India will produce 2000 tyres a day

Yokohama India, a 100 per cent subsidiary of Yokohama Rubber Company, has set up its new tyre manufacturing plant at HSIIDC, in Bahadurgarh. Bhupinder Singh Hooda, Chief Minister, Haryana inaugurated the Rs 300 crore manufacturing unit.

Speaking on this occasion Hooda, says, “We are glad that Yokohama India chose Bahadurgarh. Of every two cars being manufactured in India, one comes from Haryana. Infact, 70 per cent of the total Japanese investments in India are in Haryana.”

The commercial production of the tyres will begin in the second-half of the year 2014. According to Takeshi Fujino, Managing Director, Yokohama India, the production can be scaled upto 8,000 tyres per day in the next phases of growth.

The manufacturer claims that Yokohama tyres are designed specially keeping the Indian roads in mind. The Yokohama Earth 1 tyre comes with a wear and tear control shoulder design. The tyres have vertical and horizontal grooves which reduces uneven wear and tear. The central rib of the tyre, according to the manufacturer, helps in maximising its performance.

Yokohama India currently has around 600 sales touch points including 22 Yokohama Club Networks (YCN) across the country. YCN is a specialised network based on the company’s global philosophy of providing a world-class tyre buying experience to its dealers. The company plans to spread its wings in the country by doubling the number of YCN’s by the end of the year 2014.

Yokohama currently competes only in the tubeless radial tyre market segment, holding a two per cent market share in the country. With the new manufacturing unit which will cater to the increasing demand of tubeless tyres, the company plans to target five per cent market share.