MARINE LINES | India Tower | 720 m | 125 fl | On Hold - Page 73

SSCBob · January 22nd, 2012, 04:00 PM

Quote:

Originally Posted by Master of Disguise

Guys a little piece of news ...insider news I wanted to share ....work on India tower would be starting again very soon....that's according to info we are getting ...so keeping my fingers crossed...
Cheers

Great! By "very soon", how long are you talking about? Sometime before February? Or weeks, perhaps months?

dunefreezer · January 22nd, 2012, 04:54 PM

Quote:

Originally Posted by OldKool

work on India Tower would start sooner or later just like Signature tower of Hyderabad...both the towers have the site prepared...

Yeah but India Tower is at a much advanced stage.

Also. L&T posted a job on LinkedIn for project manager of a 100 story tower in the second week of this month. Now they removed it. So assuming it is for the India Tower they might have hired somebody.

And India101, I'm with you. I'm never gonna gain my hopes for this tower until at least half of this tower is completed.

OldKool · January 22nd, 2012, 05:47 PM

Quote:

Originally Posted by dunefreezer

Yeah but India Tower is at a much advanced stage.

Also. L&T posted a job on LinkedIn for project manager of a 100 story tower in the second week of this month. Now they removed it. So assuming it is for the India Tower they might have hired somebody.

And India101, I'm with you. I'm never gonna gain my hopes for this tower until at least half of this tower is completed.

i was sarcastic

ZZ-II · January 22nd, 2012, 11:01 PM

Quote:

Originally Posted by Master of Disguise

Guys a little piece of news ...insider news I wanted to share ....work on India tower would be starting again very soon....that's according to info we are getting ...so keeping my fingers crossed...
Cheers

Please let this be true

Munwon · January 23rd, 2012, 12:50 AM

Awesome! Fingers crossed on this one. Please please please!!!!

Effer · January 23rd, 2012, 04:01 AM

Quote:

Originally Posted by Master of Disguise

Guys a little piece of news ...insider news I wanted to share ....work on India tower would be starting again very soon....that's according to info we are getting ...so keeping my fingers crossed...
Cheers

Source??

dunefreezer · January 23rd, 2012, 04:06 AM

There is no source, at this point We need to trust MOD's words. Hes been right about everything so far. Besides there are complications with being an insider.

sixsigma1978 · January 23rd, 2012, 05:17 AM

Not sure how they would surmount both the Enforcement Directorate reports of "attaching" DB Realty's properties as part of 2G scam And Waqf board's claim over the India Tower land.

Hope they do sort it out - and this time get it right!

nishanth.kh9 · January 23rd, 2012, 08:13 AM

Quote:

Originally Posted by sixsigma1978

Not sure how they would surmount both the Enforcement Directorate reports of "attaching" DB Realty's properties as part of 2G scam And Waqf board's claim over the India Tower land.

Hope they do sort it out - and this time get it right!

This is pretty old issue..The main issue was DB reality should pay around 200 crores as arrears for BMC..

Effer · January 23rd, 2012, 08:56 AM

Quote:

Originally Posted by dunefreezer

There is no source, at this point We need to trust MOD's words. Hes been right about everything so far. Besides there are complications with being an insider.

No offense to MOD, but I'm not buying his (or anyone elses for that matter) words without a legitimate source confirming it.

Master of Disguise · January 23rd, 2012, 11:16 AM

insiders dont have names dude....anyways got this info from a trusted source of mine...n i sincerely believe this...lets see

SSCBob · January 23rd, 2012, 03:07 PM

Quote:

Originally Posted by Master of Disguise

insiders dont have names dude....anyways got this info from a trusted source of mine...n i am sincerely believe this...lets see

Can you tell us the approximate date that construction is expected to resume according to your source?

archikind · January 23rd, 2012, 06:15 PM

i m exited again....and no i dont care about the source ....
hope it will rise to its full height !!
such a grt visionary project ....

Rani123 · January 23rd, 2012, 06:57 PM

very nice

sixsigma1978 · January 23rd, 2012, 08:04 PM

Quote:

Originally Posted by nishanth.kh9

This is pretty old issue..The main issue was DB reality should pay around 200 crores as arrears for BMC..

Old doesn't mean its over. Wakf board has a history of disputed properties that takes time to resolve - since I don't hear about their case (as opposed to 2G which seems more prominent) - I hope its not something that will cause any delay if MoD's report comes true.

nitindb · January 24th, 2012, 09:20 AM

The delay is probably a blessing in disguise. It'll allow the transport infrastructure to catch up. Even if this project were to complete as per original schedule, where is the infrastructure to service such a colossal tower?

There needs to be a massive push to resolve the traffic and transport issues in Mumbai, as its only going to get worse. The metro project is too little too late. Lack of infrastructure is stalling growth levels.

So if the tower is delayed by another few years, its not a bad thing.

dreadathecontrols · January 24th, 2012, 12:03 PM

Quote:

Originally Posted by Master of Disguise

insiders dont have names dude....anyways got this info from a trusted source of mine...n i sincerely believe this...lets see

not dissing u or your source but as far as my contacts go the news is that this tower is on hold indefinately.
reasons are that investor confidence in india is also on hold cos of slowing economy, eratic governence -eg changing FSI rules-,and political instability. that doesnt mean a coup or anything daft,its just that investors are now wondering if their cash will get swallowed up in yet another corruption scam.
my guess in that it wont restart for at least another 2-3 years

achemsRaZor · January 26th, 2012, 06:56 AM

Quote:

Originally Posted by dreadathecontrols

......reasons are that investor confidence in india is also on hold cos of slowing economy, eratic governence -eg changing FSI rules-,and political instability. that doesnt mean a coup or anything daft,its just that investors are now wondering if their cash will get swallowed up in yet another corruption scam.
my guess in that it wont restart for at least another 2-3 years

I agree. Much as I would LOVE to see the work begin again, I wouldn't be holding my breath. But hey - miracles do happen sometimes and maybe this project might catch a break?!!

Jai · January 26th, 2012, 10:05 AM

Quote:

Originally Posted by achemsRaZor

I agree. Much as I would LOVE to see the work begin again, I wouldn't be holding my breath. But hey - miracles do happen sometimes and maybe this project might catch a break?!!

Good username/post combo

UDHL · February 5th, 2012, 11:45 PM

someday i hope to see this structure stand tall and handsome

January 23rd, 2012, 11:16 AM	#1451
Master of Disguise Punjabi for Life..!!! Join Date: Aug 2010 Location: New Delhi Posts: 4,141 Likes (Received): 84	insiders dont have names dude....anyways got this info from a trusted source of mine...n i sincerely believe this...lets see __________________ Red Maple Realty New Delhi-NCR, INDIA www.redmaplerealty.in Last edited by Master of Disguise; January 23rd, 2012 at 07:57 PM.

January 23rd, 2012, 06:15 PM	#1453
archikind Registered User Join Date: Dec 2011 Location: New Delhi Posts: 126 Likes (Received): 0	i m exited again....and no i dont care about the source .... hope it will rise to its full height !! such a grt visionary project .... __________________ The Future Architect

January 23rd, 2012, 06:57 PM	#1454
Rani123 Registered User Join Date: Jan 2012 Posts: 8 Likes (Received): 0	very nice __________________ Free Pakistani chat

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January 23rd, 2012, 12:50 AM	#1445
Munwon Registered User Join Date: Dec 2010 Location: Busan Posts: 1,557 Likes (Received): 60	Awesome! Fingers crossed on this one. Please please please!!!!

January 23rd, 2012, 04:06 AM	#1447
dunefreezer Skyscraper Enthusiast Join Date: Mar 2011 Location: Brisbane, Montreal Posts: 1,479 Likes (Received): 60	There is no source, at this point We need to trust MOD's words. Hes been right about everything so far. Besides there are complications with being an insider.

January 23rd, 2012, 05:17 AM	#1448
sixsigma1978 PRAETORIAN Join Date: Dec 2009 Location: New York/Bangalore Posts: 2,438 Likes (Received): 45	Not sure how they would surmount both the Enforcement Directorate reports of "attaching" DB Realty's properties as part of 2G scam And Waqf board's claim over the India Tower land. Hope they do sort it out - and this time get it right!

January 24th, 2012, 09:20 AM	#1456
nitindb Registered User Join Date: Aug 2010 Location: Manchester Posts: 41 Likes (Received): 0	The delay is probably a blessing in disguise. It'll allow the transport infrastructure to catch up. Even if this project were to complete as per original schedule, where is the infrastructure to service such a colossal tower? There needs to be a massive push to resolve the traffic and transport issues in Mumbai, as its only going to get worse. The metro project is too little too late. Lack of infrastructure is stalling growth levels. So if the tower is delayed by another few years, its not a bad thing.

February 5th, 2012, 11:45 PM	#1460
UDHL Registered User Join Date: Feb 2012 Location: New Delhi, NYC Posts: 247 Likes (Received): 20	someday i hope to see this structure stand tall and handsome