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Area Updates Media news Noida Area

Global tender for Noida International airport to be floated on 30.5.19,to be finalised in 6 months.

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Le Solitaire Media news Noida Area

Second Gurgaon is coming up soon Nr Jewar Airport

PCB Project Structure Complete for 3BHK -1425 sqft Tower, Possession Starts January 2020.

Dear Friends,

You would be pleased to note that as India’s largest Airport, Noida International Airport at Jewar, is becoming a reality as compensation monies towards land starts reaching farmers, land prices in the entire vicinity has shot up considerably. As per press reports,  land prices have appreciated by 150% viz 2.5 times from Rs. 2 crores/ acre to Rs. 5 Crores/ acre, this appreciation also has also resulted in taking our members’ investment northward. Link – http://bit.ly/2ZAFhXA

For those who have missing out and to still offer them an opportunity to reap the appreciation advantage in coming times, We are pleased to introduce the award winning Petroleum, Coal & Banking Executives Welfare Society Housing (PCBS) scheme, which will help you save 29 Lakh, in a luxurious green environment. This is being developed opposite India’s only F1-Track, and is about 15 minutes away from Delhi/NCR’s second Upcoming Noida International Airport.

http://pcb.net.in/project/solitarian-city

NOIDA INTERNATIONAL AIRPORT project at JEWAR

As announced by Government and as reported in various sections of Press, the following are the USP’s of India’s largest Airport, namely Noida International Airport at Jewar:

  1. Entire Logistics Hub to be shifted from IGI Airport to Noida International Airport at Jewar – http://bit.ly/2UDZect
  2. Aircraft Maintenance Hub to be created at Noida International Airport at Jewar. Knowing Extra-Ordinary Indian Engineering at Best prices, it is matter of time that not only Indian, but even International Airlines etc., would be sending their Aircrafts for repairs etc. This should create many white collar jobs at Jewar – http://bit.ly/2UXAy3J
  3. Development of Hotel complex to accommodate the traffic and allied facilities.Tatas take lead by announcing  Taj Vivanta property in Greater Noida to come up by 2023, worth noting that this is the first investment by Taj in trans Yamuna NCR and skipped Noida for location. – http://bit.ly/2DzCjJr
  4. In February 2018 Press Write-Up, published in Economic Times, states the following:

“An international airport will boost the attractiveness of micro markets like Greater Noida,” says Ritesh Sachdev, Senior Executive Director, Occupier Services, Colliers International. http://bit.ly/2IXTHLn

Besides above write up the following India’s Top Property Consultants of Top Multinationals like Head of Research at JLL-Ashutosh Limaye, Executive Director (north) at Knight Frank India- Mudassir Zaidi, Chief Investment Officer at PropTiger-Ankur Dhawan, VC of Anarock Property Consultants-Santhosh Kumar, are attuned in Magic Brick Write-Up “Second Gurgaon is coming up soon”, reimposes that property investment should move Northwards – http://bit.ly/2L5Z79O

For your kind perusal, we are pleased to share Previous Impact of Real Estate Appreciation of Bandra-Kurla Complex and Gurugram in terms of prices, because of Airport Development in near proximity.

  1. Bandra Kurla, a very downmarket suburb, once converted into a Corporate Hub, because of its proximity to both Domestic & International Airport has become the top corporate address in Mumbai today.
  2. BKC not only made most Top Corporates (Both PSU & Private)/ MNCs/Embassy etc shift from Prime South Mumbai corporate center to suburbs of Bandra Kurla while Nariman Point lost both in terms of Real Estate Pricing & Rentals.
  3. Foreseeing this development, The Oberoi Group opened The Trident  in BKC itself, which now is one of the most popular hospitality address today.
  4. Likewise, Indian Hotels, bought Sea Rock, bank opposite their existing property Taj Lands End at Bandra, showing confidence in the immense potential of Chhatrapati Shivaji International Airport.
  5. Gurgaon Real Estate Boom is the result of its proximity to the Palam Airport.
  6. The suburbs of Dwarka, with its proximity to the Airport saw its prices rise from a Few Lakhs to Crores only after Dwarka Underpass from Delhi IGI Airport was commissioned.

Just like the investors in BKC, Gurgaon & Dwarka are reaping the benefits of their early investments, watching their Lakhs grow into Crores, investors in Yamuna Expressway should expect similar returns on their investments.

PCBS Project USPs: What sets us apart?

  1. Saving in lacs in a green landscape low density sports township.
  2. Fully Paid Land of project- SBI/ Corporation Bank etc., for Home loan – http://bit.ly/2DxMwWQ
  3. Ready To Mix Concrete (RMC) supplied by erstwhile Lafarge (recently taken over by Nuvoco), owner of India’s most Prestigious Cement Brands like ACC & Ambuja, confirming good strength for Structure. Besides this ISO Certified lab at site. http://bit.ly/2Wa9Y3B
  4. Project in Sports City, next to Upcoming Noida International Airport at Jewar, in KPMG rated India’s top 6/ World top 100 Infra Project area. http://bit.ly/2UDa16F
  5. Operative Metro to Pari Chowk. – http://bit.ly/2IKvKIg. Further link to Yamuna Expressway, up to Jewar International Airport site has been approved. This will bring metro at Walking Distance to our site. http://bit.ly/2UE09cV
  6. To integrate with upcoming metro network in area, Noida Metro Corporation has already started AC buses connecting all of Gautam Buddh Nagar. ISBT will provide regional transport Hub. http://bit.ly/2IX2AFe. Jewar Airport to be connected by fast track rapid system besides Metro from Delhi existing Airport and Meerut. News Clip – http://bit.ly/2GATXgJ
  7. NBCC proposes Olympic City near Jewar Airporthttp://bit.ly/2IZbEcy
  8. Our esteem members should get good return on this investment as KPMG has rated Yamuna Expressway project as top 6 in India and Top 100 in world. – http://bit.ly/2W7GTWz
  9. Site located at inter-connection of the Yamuna Expressway & Eastern Peripheral Expressway.
  10. Sports City Consists of :
    1. India’s only Formula-1(F1) track viz Budh International Circuit-309 meters away from Project,
    2. Helipad -about 1Km,
    3. About 5 – Acre(approx.), Man-Made lake – at Walking Distance,
    4. Upcoming International Cricket Stadium- about 2Kms which will hold IPL / International/ Domestic series. Please check Master plan of F1 city – http://pcb.net.in/projects/solitaire/#site
  11. Area is North India’s Top educational Hub with Top Educational Universities in nearby vicinity –
    1. IIT Roorkee, Greater Noida center. News report http://bit.ly/2GIFpN7
    2. Times of India Group- Bennet University offering Courses in tie-up with IVY league Universities Please check http://bit.ly/2UDaDJv
    3. Many Universities namely Central Government’s First University on Tourism, Birla’s BIMTECH College, Sharda University & Medical College, Government’s Gautam Buddh University (with upcoming Medical College), Galgotia University, Noida International University, to name a few.

Following India’s Top Infra Projects, both Existing & Announced, to make this as India’s Top 6 & World Top 100 Area:

  1. Creation of 1.5 lakh jobs, because of Delhi – Mumbai Industrial Corridor hub is being set up there. Please check DMIC jobs in area – http://bit.ly/2J03a59
  2. India’s Largest Tech City, with already functioning campus of NIIT, WTC & Vivo others is approximately 3 kms. away from our site, Agreements worth Rs.500 crores executed by State Government with Wipro/ TCS/ Infosys etc. for the same – http://bit.ly/2Pw9XV9
  3. Patanjali has already started construction for manufacturing unit & food park. http://bit.ly/2PuWr4p

Expected Delivery January 2020:

  • 3 BHK 1425 sqft Tower-Structure Complete.
  • 3 BHK 1850/1935/2080 sqft 3BHK and penthouses Structure is near completion. http://bit.ly/2XQUv9j
  • 2BHK 1000 sft units will start delivery in end 2020.

Before going over the features, I would like to share our Esteem Members Testimonials on the project:

  • “Society Members’ investment should double in next 3-4 years” Assessment by Mr. Sitaram Lomaror, Secretary, COAL MINES OFFICERS ASSOCIATION OF INDIA, & Indian Mines Manager Association . Link to report – https://1drv.ms/b/s!AsJ8D8u6lAiA3kSKMSg9lWeHO2K8
  • “Lived in Mumbai for 9 years, never seen anything like this” Mr. G C Katiyar, Executive Director, Mumbai, ONGC Link – https://www.youtube.com/watch?v=gDGt0TkjCvM
  • “Golden future, with 50% open areas” Mr. Bhanwar Singh, National Coal fields Link – https://www.youtube.com/watch?v=w2cGfdCurW4

For more Testimonials & other updates, Click Here – http://bit.ly/pcbsYTchannel

Project Features

  1. Awards-
  2. Best Project Award by Builder Council of India.
  3. Zee Group World Achiever’s Award in Real Estate Category
  4. You would be pleased to note that this has been certified as ISO 9001:2008, which confirms that the quality check conducted by this Laboratory will be the best, thereby Guaranteeing Best Construction quality of Flats. Click for photos of QC Lab – http://bit.ly/2XJUB2j
  5. The construction has already started and kindly check the following link to see current Construction view. Click for construction pics – http://bit.ly/2WbgSG6
  6. The 2/3 BHK Sample apartments are ready. Kindly view the virtual tour link to see 2/3 BHK virtual flat.
    1. 3BHK virtual tour – http://ipesas.in/tour/3.html
    2. 2BHK virtual tour – http://ipesas.in/tour/2a.html
  7. The Society is offering 1, 2, 3 & 4 BHK units, Check Layouts here. http://pcb.net.in/projects/solitaire/#flats The project has the following features & amenities.
  • 2043 smt. (22000 sqft.) Club
  • Cricket pitch
  • Sky walk
  • Play area
  • Badminton courts
  • Swimming pool
  • Open green areas
  • Tennis court
  • Basketball court
  • Sky lounge
  • Amphi Theatre

We are pleased to inform you that Society Prices @Rs.3200 psft. including cost of one basement Parking and Power Backup, club membership etc at is the cheapest, thus providing savings of up to Rs. 29 Lakhs to our members. Please note that Yamuna authority has launched affordable housing scheme with out any amenities 10 KMS away from our site after crossing local village at price of Rs. 4400/- per Sqft. This has less amenities. Please see http://pcb.net.in/blog/2018/11/30/authority-flats-offer/

The project is funded by LICHFL, member loans are available from several banks including Corporation Bank & ICICI Bank. Approval -http://www.ipesas.in/approvals.php

Employee loans have been sanctioned by Indian Oil India Ltd, ONGC, Bharat Petroleum, SBI, Canara Bank & PNB.

Below are links to videos showing different developments at PCBS Site.

To enroll as member of Society one time membership fees is Rs. 5100/ and membership forms can be downloaded from membership-guide.

For Latest Updates on construction and other developments, see http://www.pcb.net.in/section/gallery-solitarian#site-photos-april-2019

subscribe to our YouTube Channel – https://www.youtube.com/channel/UCyIm5-ljQSNweNP3_Xmr9vQ

For any other queries, please feel free to contact undersigned

Team PCBS

contact.pcbs@gmail.com,

9990623304, 7678480014

Our Site – http://pcb.net.in/projects/solitaire/

Warmly,

Saxena V M

Secretary,

Indian Petroleum Executive SAS Ltd.

Visit us at IPESAS

+91 9990623304

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Area Updates Media news Noida Area

Airport Impact on Yamuna Expressway Realty prices,Bid value hiked from Rs 2Cr/acre toRs 5Cr/acre!

Adani in fray for Jaypee, NBCC sweetens its deal
This means it is valuing the land at over Rs 5 crore per acr ..

Read more at:
http://timesofindia.indiatimes.com/articleshow/69051685.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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Delhi Real estate Le Solitaire Media news Noida Area

Noida Proposed airport to be a big draw

While New Delhi’s real estate market is still reeling under pressure, things are not as bad for the Noida and Greater Noida areas. The primary reason for this is the inauguration of the Magenta Line of the Delhi Metro, which has reduced the travel time between Noida and the business districts of South Delhi by around 40 minutes. Another reason is the government’s recent decision to revive the plan to build second airport for NCR at Jewar. “An international airport will boost the attractiveness o .https://economictimes.indiatimes.com/wealth/real-estate/investing-in-real-estate-these-micro-markets-can-give-good-returns/articleshow/62958088.cms

11

 

https://economictimes.indiatimes.com/wealth/real-estate/investing-in-real-estate-these-micro-markets-can-give-good-returns/articleshow/62958088.cms

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Area Updates Delhi Real estate Le Solitaire Media news Noida Area

Second Gurgaon is coming up soon at Yamuna Expressway

Editor | May 14, 2018 @ 12:27 PM

Delhi/NCR

The central government’s approval for the ‘$1 billion Greenfield Airport’ at Jewar has come as a big relief to the micromarkets of Noida, Greater Noida, and Yamuna Expressway. — Prabhakar Sinha, Sharmila Bhowmick write.

An international airport at Jewar on Yamuna Expressway will bring a paradigm shift in the real estate markets in the area, consultants and developers of the area said.

Demand for all segments of real estate will go up in this zone and prices will start heading northwards from on.

At present, Noida, Greater Noida, and the Yamuna Expressway industrial development area, despite planned development and adequate availability of water and electricity, are considered poor cousins of Gurgaon, mainly because the Millennium City is near the IGI airport, which makes it attractive for MNCs to open shop in this bustling metropolis.

“Noida always had better infrastructure compared to Gurgaon, but the main difference was the proximity to the airport. The forthcoming airport at Jewar will provide an uptick for all segments of the real estate – residential, office, and industrial – in anticipation,” Pankaj Bajaj, President of Credai-NCR, said.

Take for example the rentals of office space in Gurgaon. Despite the limitation of infrastructure, the current rate is around Rs 120 per sqft per month here, while it is around Rs 45 per sqft per month in Noida.

Proximity to the airport helped Gurgaon command higher rentals as well as capital values for its real estate, which in turn gave developers the leeway to build quality office space. This attracted the MNCs to move to the Millennium City and, today, almost all Fortune 500 companies have offices in the region, Manoj Gaur, President of Credai (NCR), said.

The Jewar airport with the proposed linkages to different parts of the Delhi NCR will be a boon for Noida, Greater Noida, and Yamuna Expressway, which already have high-class physical infrastructure like quality roads, adequate water and electricity supply, and decent sewerage.

Ashutosh Limaye, Head of Research at JLL, says that Noida has better infrastructure than Gurgaon, and greater sustainability, in terms of future requirement of water and power. Jewar airport will enhance the prospects of Noida and Greater Noida, which will now be competitive alternatives for corporates and high-end IT, ITeS companies to set up shop.

Mudassir Zaidi, Executive Director (north) at Knight Frank India, says: “We see the swift movement on Jewar airport pushing the real estate market of these regions, which will translate into job creation. It will be too soon to say, but if executed on time, the airport will trigger the office market in Noida and Greater Noida just like the IGI airport did in Gurgaon. This in turn will translate into demand for residential and other supporting sectors in the region.”

Ankur Dhawan, Chief Investment Officer at PropTiger, says that once Jewar airport is ready, Yamuna Expressway will be the next Gurgaon. This part of the city, including YEIDA, has significant land ownership available at affordable prices for the development of industrial clusters, which will attract corporates to move to Yamuna Expressway.

There is a plan for developing electronics manufacturing hub, commodity hub, and pharma hub in the Yamuna Expressway region, while several mobile phone firms like Samsung, LG, OPPO, and VIVO are opening their manufacturing centres in the area.

This will create demand for commercial space. Thus, once the Jewar airport is ready, developers will construct Grade A office space in these areas, Dhawan said.

Clearly, demand for houses will also go up, as more companies are likely to set up their base here and bring employment, Limaye says. And, as demand rises, its effect on pricing can be seen after a certain period, once the markets here get back to a stable demand-supply.

Santhosh Kumar, VC of Anarock Property Consultants, said: “Transit-related infrastructure projects always tend to have a significant impact on property prices in the surrounding regions. Though the current market scenario does not support short-to-mid-term price growth, the longterm prospects for appreciation in regions benefiting from the new airport are good.”

“The airport will also have an economic multiplier effect, as it will enhance demand for housing and office space, along with strong capital appreciation in and around Greater Noida. The region will become an attractive investment option and we expect to see prices appreciate in the range of 10-15% per annum in the real estate market,” Amit Modi, Director of ABA Corp and Vice-President of Credai Western UP, said.

R K Arora, Chairman of Supertech, said the Jewar airport will benefit Noida region enormously: “In the short-term, we will see the airport triggering infrastructure development including realty, employment generation, and social uplift in the region. In the long-term, it will catapult the area to an altogether different level of development and would become a significant contributor to the economic growth of the country.”

“A new airport will boost real estate development in the region along with civic infrastructure. While several untapped and underdeveloped locations are expected to come up on developers’ and buyers’ radar again, oversupply and subdued demand leaves very little scope of appreciation in property prices,” Sanjay Chatrath, ED (NCR) at Colliers International India, said.

Source: Times Property, The Times of India, Delhi/NCR

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Area Updates Delhi Real estate Le Solitaire Media news Noida Area

Taj Vivanta coming to Greater Noida,first trans Yamuna Taj Hotel in NCR,shows growth prospects.

Indian Hotels partners Mahagun Group for expansion in Greater Noida
The new Vivanta branded hotel is a greenfield project and will be a part of the landmark Mahagun Marina Walk – a large mixed use project with destination retail and commercial spaces, the company said.
NEW DELHI: Tata group’s hospitality arm Indian Hotels Company Ltd (IHCL) Tuesday announced signing of a new Vivanta hotel in Greater Noida. The company has partnered with realty player Mahagun Group to expand its presence in Greater Noida.

“One of the most modern cities in India, Greater Noida is a commercial hub with presence of some of the world’s largest international companies. This signing is aligned to Aspiration 2022 with its focus on aggressive domestic growth,” IHCL Managing Director and Chief Executive Officer Puneet Chhatwal said.

The new Vivanta branded hotel is a greenfield project and will be a part of the landmark Mahagun Marina Walk – a large mixed use project with destination retail and commercial spaces, the company said.

The hotel comprising of 261 rooms is slated to open in 2023.

With the addition of this hotel, IHCL said, it will have a portfolio of 17 hotels across brands in the National Capital Region with an inventory of over 2,600 rooms.
https://realty.economictimes.indiatimes.com/news/hospitality/indian-hotels-partners-mahagun-group-for-expansion-in-greater-noida/68915734

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Le Solitaire Noida Area Society News

Construction pictures & updates of March 2019,3 BHK towers structure nearing completion

Solitairian City Letter for Updation for all towers details.
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Area Updates Media news Noida Area

Jewar Airport will cater to 5 crore passengers PA

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Area Updates Media news Noida Area

Delhi’s new airport expected to be operational in 2022! Check details

New Delhi: It looks like Delhi might get its second airport soon. According to Centre for Aviation (CAPA) which is one of the world's most trusted sources of market intelligence for aviation and travel industry, the foundation stone for Delhi's second airport will shortly be laid to mark the start of construction work.   The CAPA analysis stated that PM Modi is expected to inaugurate the Jewar Noida International Airport (JNIA), also known as the New Greater Delhi Airport redevelopment project between February 23 and 25, by laying a foundation stone for the project. The cost of this project is estimated to be up to USD 3.1 billion. This will be the largest airport in India by surface area.  The plans for the airport were approved by India's Aviation Ministry on June 25, 2015 and given in-principle government approval in June 2017.   This project will be implemented as a public-private partnership. That being so, the GMR Group holds first right of refusal for any new airport in Delhi. In February last year, GMR Infrastructure’s director K Narayan Rao confirmed GMR plans to participate in the project. Rao said that a coordination committee should be established with representatives of the Union Government, Uttar Pradesh State Government and private sector to oversee the project and avoid delays. He also called for the development of metro rail connectivity to the planned airport.  This airport will take off some of the air passenger traffic burden away from the Indira Gandhi International Airport.  India is expected to become the third largest aviation market in the world. It is estimated that this new airport, which will be built to handle 50 million passengers per year, will become ‘saturated’ by 2040.
Delhi’s new airport expected to be operational in 2022! Check details

New Delhi: It looks like Delhi might get its second airport soon. According to Centre for Aviation (CAPA) which is one of the world’s most trusted sources of market intelligence for aviation and travel industry, the foundation stone for Delhi’s second airport will shortly be laid to mark the start of construction work.

The CAPA analysis stated that PM Modi is expected to inaugurate the Jewar Noida International Airport (JNIA), also known as the New Greater Delhi Airport redevelopment project between February 23 and 25, by laying a foundation stone for the project. The cost of this project is estimated to be up to USD 3.1 billion. This will be the largest airport in India by surface area.

The plans for the airport were approved by India’s Aviation Ministry on June 25, 2015 and given in-principle government approval in June 2017.

This project will be implemented as a public-private partnership. That being so, the GMR Group holds first right of refusal for any new airport in Delhi. In February last year, GMR Infrastructure’s director K Narayan Rao confirmed GMR plans to participate in the project. Rao said that a coordination committee should be established with representatives of the Union Government, Uttar Pradesh State Government and private sector to oversee the project and avoid delays. He also called for the development of metro rail connectivity to the planned airport.

This airport will take off some of the air passenger traffic burden away from the Indira Gandhi International Airport.  India is expected to become the third largest aviation market in the world. It is estimated that this new airport, which will be built to handle 50 million passengers per year, will become ‘saturated’ by 2040.

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Media news Noida Area

Proposed Jewar Metro to start from Pari Chowk, cross our project at Galgotia University side, about 600 meters away.