Gurgaon & Manesar Projects Thread

[IndiansUnite]

Reliance gains control of 1000 acres for SEZ amid tight security in Garhi Hasru around 12 km from Gurgaon

[IndiansUnite]

more on the SEZ-

Work on Reliance SEZ kickstarts

Work the special economic zone (SEZ) being developed by Mukesh Ambani's Reliance Industries Limited (RIL) began in Gurgaon amid mild protests from a group of villagers on Monday .

RIL workers started demarcation of land and construction of the boundary wall of the proposed SEZ in Harsaru village in the presence of heavy police contingents. Though villagers opposing the move tried to disrupt the work, no untoward incident or violence was reported. The villagers opposed handing over of 1,450 acres of land to RIL by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) for the SEZ.

The RIL SEZ, spread over Gurgaon and Jhajjar, is planned to come up on 12,500 acres. The company has already purchased about 9,000 acres of land in Jhajjar, while another 1,450 acres was sold to it by the state corporation in 2007 in Gurgaon.

According to RIL officials, basic work on the SEZ in Gurgaon started from Monday. RIL officials assessed the land in Harsaru village and started constructing a boundary wall around the SEZ, they said. A small group of villagers opposed the move but the local administration supported us and everything went on peaceful, an RIL official said.

[HT]

[Euromast]

[mooktada]

Originally Posted by Euromast

hafeez contractor, for iconic tower? Ugghh, that just makes me shiver. More tackiness. Why can't they hire some well known international sky scraper architects?

[phaedrus]

really dont know what to expect. hope its not as tacky as some of his recent stuff

[shivy]

I hope you know Hafeez contractor is a genius when it comes to architecture, his buildings are so good.

http://www.imagebam.com/image/72f9d19475846

This is the best building he has ever created in history.

I wish I was that good, but Hafeez has good architecture skills. Just to apply you need to have completed at least one year of 1st grade art to be even considered for a position. Also if you can't tell now, I am being sarcastic, hafeez is good at building...pieces of shit.

[numb.soul]

Fourth National Level Commodity Exchange Gets Nod, Proposed To Be Set Up In Gurgaon

By Ni3, Section Gurgaon News
Posted on Fri Jul 18, 2008 at 10:12:17 PM EST

The Ministry of Consumer Affairs has given in principle approval to the proposal of Indiabulls and MMTC to set up the country's fourth national-level commodity exchange to facilitate trade in commodities across all sectors. The exchange was proposed to be set up in Gurgaon on the outskirts of the national capital.
Confirming the development, Rajeev Agarwal, member of the Forward Markets Commission (FMC), said, "The in principle approval is as per the guidelines."

Indiabulls Financial Services and MMTC are among several companies keen to start commodity exchanges after trading in futures rose 9 per cent to $922 billion in the year till March in Asia's third-biggest economy.

Indian companies planning commodity exchanges need to partner state-owned enterprises or financial institutions and hold stakes of no more than 40 per cent. Applicants need minimum paid-up capital of Rs 100 crore and shareholders will have no trading interest in the exchanges either as a member or client, according to FMC guidelines.

Investments in new exchanges will be subject to a lock-in period of three years from the date of recognition of the exchange. Any new exchanges will compete with the Multi Commodity Exchange (MCX), which has Fidelity International, Merrill Lynch and Citigroup as investors, and with the National Commodity & Derivatives Exchange, part-owned by Goldman Sachs Group, Intercontinental Exchange Band the local unit of Standard & Poor's.


http://www.business-standard.com/com...Left=0&chkFlg=
Source: Business-standard 19/July/2008

p.s---> i dont know what will be its benefits
sm1 plz shed some light on this.....

[numb.soul]

Gurgaon-based Spice Group plans to build the country's largest budget hotel near Delhi airport.
The 3,000-room hotel would be spread over 12 acres on Sohana road and three blocks of no-frills accommodation. Spice plans to invest Rs 400 crore in the project.

The hotel is being planned to start operations in time for the 2010 Commonwealth Games. The proposed hotel complex would be about 20 kilometres away from Capital's Indira Gandhi International (IGI) Airport. According to tourism ministry's estimate, Delhi would face shortage of about 40,000 hotel rooms by 2010.

"We have already acquired land for the proposed hotel which would be the biggest in the country. The upcoming hotel would provide three-star services at the cost of budget hotel," said Spice Energy CEO Ravi Chilukuri. Instead of the usual system of charging for all facilities, the budget hotel would charge for basic services and customers would have a choice to avail other services at an extra cost.

Click On "Full Story" For More...

http://gurgaonscoop.com/story/2008/7/19/1273/76114


Spice Group also plans to build hotels in the south Indian cities of Hyderabad and Chennai. It has already acquired 40 acres near the newly built Hyderabad airport to put up a budget hotel. The promoters of the group feel that there will be tremendous demand for no-frills services in the years to come.
"The hotels in Hyderabad and Chennai would not be as big as the project planned near Delhi. We are planning about 800-room hotels in both the cities," Mr Chilukuri added.

Spice Group, which owns Samannah brand of hotels, is setting up three five-star hotels in Morocco in partnership with Hennesey family of LVMH. The group also runs a string of budget hotels in the UK. The group has interests in areas such as oil refining, shipping, metals, bio-fuels and power.

*************************************************************************
p.s-- my engg collg is on sohna road.. in my 1st year..there was just malibu towne..1 shopping mall n a couple of aparments projects were under construction.. n rest all open barren land/fields..

in 2 years.. i dont see even a single inch of land which hasnt been occupied..
they have gone upto d border of badshahpur village....d single lane road comin from sohna..via badshahpur suddenly widens to 6 lanes

[slashcruise]

Hotels was my major concern for 2010 commonwealth games as havent heard much about their progress...My other concern is general quality of the hotel room in some area in the city....

[numb.soul]

Chandigarh: Haryana State Electronics Development Corporation Ltd (Hartron) has a plan to set up Information Technology and Telecommunication (ITT) complexes having on Design Finance Build Operate and Transfer Model in Gurgaon at a cost of about Rs 300 crore. "These ITT complexes would be set over an area of nine acres with a covered area about seven lakh square feet. These would further boost the setting up of units of Information Technology and IT Enabled Services (IT/ITES) in the state," a spokesman of the company said.

He said that the Central Government has approved the setting up of a state Data Centre in Haryana at a cost of Rs 50.68 crore. While the Department of Information Technology of the Central Government would provide Rs 13.50 crores, teh remaining amount Rs 37.18 crores would be met through Additional Central Assistance (ACA) for National e-Governance plan (NeGP) provision, he said. (PTI)

http://www.headlinesindia.com/archiv...008_79408.html

[numb.soul]

The total exports from Gurgaon in the information technology & IT- enabled services industry has touched a figure of Rs 18,000 crore at the end of last financial year 2007-08.

Stating this here on Wednesday, an official spokesman said in the year 2006-07, software export from Gurgaon was Rs 15,000 crore where as it was Rs 10,700 crore in 2005-06.



In Gurgaon, the Industry is growing at the rate of about 40% , which is much above the national average of about 28%.

In order to give boost to the IT industry, a regional IT industry promotion office has been set up in Gurgaon. He said, “Gurgaon is fast emerging as an IT hub and there are about 400 IT and IT Enabled services (ITeS) companies operating in the district. It has emerged as a preferred destination for IT industry after the announcement of IT policy by government of Haryana.” He said that you name any renowned IT company of the world and you will find it's office in Gurgaon.

Recently, an American company Thompson, which is known for graphics and animation in the world, had also set up its office in Gurgaon. He said that due to the liberal policies of Hooda government, a phenomenal growth was registered here.


http://www.financialexpress.com/news...8-k-cr/339508/

[zenith_suv]

Great updates from Gurgaon - It'll be fantastic for Delhi NCR to have an IT city of it's own with a self sustainable indrastructure and GGN is well on it's way.

[numb.soul]

yepp.. lets hope 4 d best..
but being a gurgaonite..what i have observed is dat d IT work here is more of off-shored.. as in ,, we dont haVE d indian biggies.. the mass recruiters.. ie infosys,tcs n wipro,satyam,,

TCS,WIPRO n satyam are more of a showcase presense.. in ggn..
if we somehow manage to get d indian biggies here.. we can be d no.1 ..
but then u need to give land @ negligible prices to them.. which cant happen in ggn..

mr nandan nilekani(head infosys) was in ggn a year back for d same..but nothing really happened..

d latest developement is that infy will make ggn d headquarter of its KPO business..

[zenith_suv]

Intl biggies is a good start , ggn already looks like a concrete jungle for me .
So any new massive outlay will have to be on the Sohna road or even beyond towards Manesar or the place where Reliance SEZ is coming up.

Speaking of which Reliance is a real Indian Biggie and it's presence in the form of SEZ will force the hand of a few more conglomerates to have a new presence in the Mellinium city

[numb.soul]

Originally Posted by zenith_suv

Intl biggies is a good start , ggn already looks like a concrete jungle for me .
So any new massive outlay will have to be on the Sohna road or even beyond towards Manesar or the place where Reliance SEZ is coming up.

yeah.. n also d area along d new dwarka-ggn expressway..
all dat area is barren..
n ofcoure... d long-awaited CBD in sec-29 city centre .. god knows when will it take off....

Originally Posted by zenith_suv

Speaking of which Reliance is a real Indian Biggie and it's presence in the form of SEZ will force the hand of a few more conglomerates to have a new presence in the Mellinium city

yepp.. also along with this reliance sez(25k acre),, we also have 10k acres sez's of DLF n EMMAR-MGF !!!!!

[IndiansUnite]

Originally Posted by numb.soul

TCS,WIPRO n satyam are more of a showcase presense.. in ggn..
if we somehow manage to get d indian biggies here.. we can be d no.1 ..

That's not true about TCS. It has 4 delivery centers in Gurgaon, the first of which opened in the mid 90's.

[numb.soul]

Originally Posted by IndiansUnite

That's not true about TCS. It has 4 delivery centers in Gurgaon, the first of which opened in the mid 90's.

is it??
i only knew abt its delivery centre in udyog vihar!!!!
thanx IU....



btw.. FIDELITY moved out of ggn to chennai due to extremely high rentals..

[IndiansUnite]

^There are actually 3 of them and not 4. The second one closed down when the 4th one (much larger) opened recently. 2 of them are in Udyog Vihar with the ASF towers being the last one to open. The third one is the TCS towers which is right on the DGE.

[numb.soul]

yeah the asf towers was what i was talking abt..

have a lot of hope from d sez's.........
cheers

[IndiansUnite]

Some updates from my Passage to India 2008 thread-

All these pics were taken on July 8th

DLF's Mall of India - it's presently India's largest mall u/c boasting of space >3.9 mn sq feet

part of the render from an image:



^Gantry cranes next to the site can be seen

the site: