Noida & Gr.Noida Projects Thread

[Sumeet1981]

http://www.megapoliscity.com/features.htm

Sports Academy
Megapolis will offer an unparalleled sports academy that is going to provide the health conscious their ideal dose of fitness and entertainment to gear them up for work and play. The township will offer Equestrian and Polo facilities to fulfill the long cherished dream of those who want to achieve fame and class. Ansal API has been promoting Polo and this is yet another endeavor of the company to bring this Royal game closer to all walks of life. The riding facility is also going to provide for breeding, rearing and training of the finest breed of racing horses. With a host of other basic facilities like gymnasium, spa, Jacuzzi and swimming pools, Megapolis is certain to set global standards of living.

[Jai]

Yeah, that's what I figure. I'm just curious if that means the vision renderings aren't necessarily reflective of the actual architecture we'll see.

It's dumb how these projects are made public without real renderigs or descriptions of how they'll look. It's the opposite way in most other parts of the world.

[Sumeet1981]

also does anyone knows the status of east west peripheral expressway.

[phaedrus]

more news about The Megapolis


Ansal API to invest Rs 13000 cr on The Megapolis

Realty firm Ansal API is pumping in Rs 13,000 crore to develop a township, touted as one of the biggest hi-tech cities in the country, spread over 2,500 acres adjoining Greater Noida.

The company is expecting revenue to the tune of a whopping Rs 26,000 crore from the township, to be named 'The Megapolis' located at Dadri. It would be completed in the next eight years.

"We have successfully bagged a hi-tech city project from the UP government covering 2,500 acres," Ansal API Chairman Sushil Ansal said.

He said the size of the project could be extended up to 9,000 acres as per government's hi-tech policy.

"The project will have a sale value of Rs 26,000 crore and the total investment will be Rs 13,000 crore," he said.

Ansal said, approvals for the project have already been obtained and a memorandum of understanding (MoU) along with a development agreement have also been signed.

The company expects to book a net profit of Rs 9,000 crore from this project.

"This project will give a big boost to our turnover and profitability. It will be a shot in the arm for the company as well as shareholders," Ansal said.

Investments to be made in developing the landmark project would be funded through a mix of internal accruals, bank loans and equity dilution at project level, he said, adding the company would divest up to 40 per cent stake in the project.

"We have sold 8.5 per cent stake to HDFC AMC for Rs 225 crore and are talking to few other people," Ansal said.

Highlighting the features of the project, Ansal said it would have an education city, a medicity and one 18-hole signature golf course designed by Nick Faldo, apart from polo and equestrian facilities.

"We will also provide global business park and modern office buildings. We are putting bio-tech and IT parks too," Ansal said.

The township, expected to house five lakh people, is surrounded by five natural lakes to be upgraded by the company.

In the township, the company would construct four hotels in three and five star categories, comprising about 250 rooms in each hotel. It would also house five shopping malls.

Ansal said the company has acquired 500 acres of land from farmers to start the project, which would be developed in various phases.

"Everyday we are acquiring land," Ansal said, while emphasising that the company is not facing any problem in acquisition as farmers are being paid almost double the amount compared to the government rate.

He said the company would provide employment to the farmers and would adopt the villages falling under the township. "Idea is to build rapport with farmers."

source economictimes.com

[phaedrus]

Citi,Warburg eye 15% in Ansal API Dadri project

CITIGROUP and Warburg Pincus are in talks with Sushil Ansal-promoted Ansal API to pick up a 15% stake in its Rs 13,000-crore Dadri Megapolis project. Ansal is expected to get Rs 1,900 crore form the stake sale. The deal is likely to be finalised in two months. “We are close to signing the deal with a PE player in two months. The 15% stake sale would be part of the first tranche, as we would gradually sell at least 40% of our equity in the project.” Ansal API marketing president Kunal Banerjee said without disclosing identities of the PE firms. It is understood from company sources that Ansal API is close to finalise the deal with Citigroup and Warburg Pincus. Finally, the company would offload a total of 40% stake in 2,500 acre, high-tech city project to various PE funds. The Megapolis, located at Dadri, would be completed in the next eight years. The project will have a sale value of Rs 26,000 crore and the total invest-, crore.
Approvals for the project have already been obtained and an MoU along with a development agreement have also been signed, Mr Banerjee said. The project would have an education city, a medicity and one 18-hole signature golf from course polo designed and equestrian by Nick facilities Faldo, . apart The Rs township, expected to house five lakh to people be upgraded , is surrounded by the company by five natural . lakes 1,900
In the township, the company would categories construct , four comprising hotels in about three 250 and five rooms star in Crore each hotel. It would also house five shopping malls. the company has acquired 500 acres of land from farmers to start the project, which would be developed in various phases.
Ansal has a land bank of 7,000 acres with 17 townships, 15 shopping malls and three Special Economic Zones under different stages of development across the country. The company, which is a listed real estate firm, had posted a total income of Rs 1,011.36 crore in 2007-08 with a net profit of Rs 173.51 crore.

source economictimes epaper

[slashcruise]

They are adding so many new cities in UP where is the power going to come in their house???Industries have suffered dramatically with the rise residential colonies I dont know what power geneation project have they got in place????

[phaedrus]

Rs 500-cr Toy City to resist Chinese invasion

DOMESTIC toy makers are set to revive Rs 500-crore Toy City project in Greater Noida to survive the Chinese onslaught. The 125-acre city of toys, which houses 20 units, will soon have a Toy Design & Development Institute (TDDI).
The purpose of re-development of the Toy City is to bring together scattered toy manufacturing units. The cluster model will help in reducing production cost, thereby helping Indian firms to compete with cheaper Chinese products, said Toy Association of India (TAI) president Vishnu Swarup Agrawal.
“Chinese toys carry fancy features and are popular with children. To increase the popularity of Indian toys, we will start the institute that will provide the indispensable design support and make the toys at par with the Chinese products,” he said. TIA has also sought the help of national institute of fashion technology (NIFT) and Indian institute of technology (IIT). Greater Noida Industrial Authority (GNIDA) has already sanctioned five acres of land as its equity participation for formation of a Toy Design & Development Institute in the city.
The city will have requisite infrastructure—marketing skills, technological know-how, testing and certification facilities, training programmes—that will aid small units to produce quality toys and educational games, he added. By providing essential infrastructure, toy city is aiming at accelerating export growth and directing unorganised sector of toy industry.
The government is also considering the proposal to offer subsidies to toy industry and provide both capital and intellectual wealth to enhance the market visibility of Indian toy business. “The subsidies will support the toy industry and we will be able to organise Toy Biz International on much larger scale,” he said. Toy Biz International is a B-2-B exhibition that provides an opportunity to manufacturers and buyers from India, SAARC and European countries to establish business and marketing linkages.
Even though Indian toy industry has grew significantly in terms of exports from $25 million in 2002 to $140 million in 2007, China is still way ahead. China holds the largest market share of the $110 billion global toy industry. “Due to large scale production of toys in China, per unit cost of goods lessen and profits increase whereas in India, the organised sector in the industry is limited which inhibits the prospects,” Mr Agarwal said. India’s toy manufacturing industry is estimated at Rs 3,500 crore.

source economictimes epaper

[zhiemi]

Noida allows up to 100% coverage in basements.

In an important development, the New Okhla Industrial Development Authority (NOIDA) has now allowed house owners in the city to construct basements up to 100 per cent of the area covered by the ground floor of the house.

However, these will be subject to guidelines under the National Building Code, and bylaws of NOIDA. For instance, basements will have to have more than one entrance and exit. No kitchens and bathrooms, and such facilities, will be allowed to be constructed in the basements. The height of the basement should not be less than 7 feet. The distance between the basement and the boundaries of a neighbouring house has also been specified, as has been the setback. It was also decided that allotments of cancelled residential plots can now be restored within a period of three years. There will be no transfer fee if a house is transferred to the daughterin-law or son-in-law.

Source: TOI

[zhiemi]

IIT Kanpur centre in Noida.

IIT Kanpur is set to open its extension centre in Noida considering Delhi as a hub of education and it will act as a platform for interaction among students, alumni and teachers.

The centre, which will be located in Noida Sector 62, covering five acres, has got the clearance of the Union Human Resource Development Ministry. It is estimated to cost Rs 40 crore on completion.

IIT-K authorities are planning to make the centre fully operational by 2009-10.

Source: TOI

[IU]

Originally Posted by Suncity in the NCR thread

Jaypee Greens, Greater Noida
http://www.jaypeegreens.com/

Sun Court Apartments - 30 storey glass cylindrical towers, appx 100 m tall and each floor having two apartments of over 3800 sq ft.

Here's a larger render of 2 of the towers from an ad. Click on the image to view the ad.

[IU]

Here are some initial renderings of a new IT park designed by Fxfowle architects. The client's name has been kept under the wraps-


Noida IT Park
Noida, India
Client: Withheld
Completion: 2012

FXFOWLE is designing a large-scale information technology park in the satellite city of Noida, outside of New Delhi. The development will be a modern working environment that transcends the image of the conventional stand-alone office space. The technology driven lifestyle campus integrates residential space, leisure areas, and various services and amenities with the standard version of commercial office space, creating a dynamic and interactive live, work and play setting on an 11 hectare site.

[Jai]

Looks like 2 towers of about 30-35 stories

[zhiemi]

Looks great!

[zhiemi]

Eldeco Aamantran





Masterplan:

[irutavias]

These projects are stunning. But how are the people going to get around? All the satellite cities in the NCR region seem to depend on cars/buses. Even if the metro expands, will it be able to reduce congestion that can be caused by all these new projects?

[zenith_suv]

I suppose the long term perspective is for these satellite's towns to have their own infrastructure and branch off from Delhi to become proper cities in their own rights , right now the majority of people in NCR are those who have branched out from Delhi or still have interests in Delhi.

Noida is not such a problem as far as connectivity is concerned as Gurgaon is , autos , buses , Metro etc. all operate/ will operate in Noida.

However Gurgaon has some issues with Delhi centric transportation.

[irutavias]

It looks like all this construction is spread out in a suburban manner, and that will only increase the dependence on cars.

[IU]

July 28: Patni launches 'green' IT- BPO centre

MUMBAI: Patni Computer Systems, a leading global IT and BPO services provider, today announced the launch in Noida of its first environment friendly IT-BPO knowledge centre, set up with an investment of Rs 175 crore.

An official release issued by the company says, the Patni Knowledge Centre is designed and constructed as per Leadership in Energy and Environmental Design (LEED) guidelines and India Green Building Rating System for New Construction norms. The centre is currently under-certification process and is jointly audited by the Indian Green Building Council (IGBC) and US Green Building Council (USGBC).

Inaugurating the ‘green’ knowledge centre, Narendra K. Patni, chairman & CEO, Patni said: “We recognise our responsibility to protect the environment. The launch of our first 'green' centre is a significant step in demonstrating the company’s commitment to environment conservation”.

P C Jain, chairman, IGBC, said: “We are delighted that a leading IT and BPO organisation like Patni is one of the front runners in the 'green' architecture brigade. The concept of 'green' buildings is still at a nascent stage in India; with only 26 certified 'green' buildings and very few Platinum certified 'green' buildings. We are confident that Patni’s initiative will inspire other companies to wake up to the benefits of going 'green' and pledge their commitment towards environment conservation.”

[IU]

Philips setting up development centre in Noida

CHENNAI: Philips Electronics India Ltd. is setting up a development centre to explore emerging market-specific product possibilities in electronic lighting space.

The facility will come up adjacent to its technology support centre in Noida.

The upcoming Nodia development facility will be Philips's third such centre in the world. Philips already has a global product development centre in this specific category in the Netherlands and Shanghai in China.

Addressing a press conference here on Thursday, Murali Sivaraman, CEO, Indian Sub-Continent of Philips, said that the centre would initially commence with 10-15 engineers but would eventually grow into a 30 to 40-member outfit in two to three years.

[Suncity]

Originally Posted by IndiansUnite

Here's a larger render of 2 of the towers from an ad

Another ad