Friday, July 30, 2010

Mahagun Mahagunpuram project status : Site Picture : 20 July 2010


Friends,

I have received few pictures of Mahagunpuram development site. Actually got it earlier, but was not able to upload due to time constraints. Please see as below:

Also if you have any more picture from different angles, you can share them here.
Click on the pictures to zoom.








Bhagirathi Block (3rd floor under construction)










Riddhi Block (5th floor under construction)










Viddhi Block (5th floor under construction along with brick work)








 Vinayak Block (5th Floor complete)






Ganga Siddhi Saraswati Blocks in one view.






Front view All towers


Thanks.. Please inform other people in Mahagunpuram family to join this  blog.

Tuesday, July 20, 2010

Mahagun Mahagunpuram Project Status : 20 Jul 2010


Friends,

I have not yet received the demand letter for 5th floor roof completion. Mine is Riddhi block. 

Meanwhile, I got update that the 5th floor roof ceiling of some of the blocks are still under constructions. They are likely to get completed by July end, and you can expect the demand letter around first week of August, 2010.

Here are some update in the Mahagun project.
- The prices are revised and changed a bit.
- Some ground floor blocks have been introduced as LIG block in the Riddhi/Vidhi/Sidhi (approx area 550 SQ FT Super built up).
- The new block Ganaga is also open with new area/layout.

Check the images below (Click on the images to zoom)









Friday, July 16, 2010

New fund source for Ghaziabad Metro : Ghaziabad houses to cost more

Buying a house or property in Ghaziabad would get costlier in near future.
As a measure to generate funds for its Metro-extension plans in near future, the Ghaziabad Development Authority (GDA) has approved levying of additional external development charge on new infrastructure projects, state officials said.
At a GDA board meeting on Friday, principal secretary (Housing) J.S. Chamber and other officials approved the proposal for an external development charge on the new housing projects to provide backup for the Metro extension funding in Ghaziabad.
Officials said additional charge of Rs 505 per square metres was approved. They estimated that the additional charge would help the GDA generate around Rs 4,500 as revenue in next 10 years.
At present, the GDA charges around Rs 1,840 per sq mt of development charge on clearance of maps/layout plans. With the additional levy of charge, the new property seekers would have to pay a total of Rs 2,345 per sq mt.
“This would also be levied on integrated, hi-tech city projects and for this we will send it for approval to the state authorities. The new charge is only for the new projects,” GDA vice-chairman N.K. Chaudhary said.
At present, only Anand Vihar to Vaishali (2.57 km) Metro route is under-construction in Ghaziabad. Officials said around Rs 320 crore would be spent on the entire project apart from the payment of Rs 260 crore to the Delhi Metro Rail Corporation.
Officials said the Metro would be extended from Dilshad Garden to the new bus stand (9.1 km) and Vaishali to Sector 62 Noida (12 km) in the next phase of Metro extensions.
In all, over Rs 1,500 crore will  be needed by the GDA to procure funds and their subsequent re-payment for the second phase of Metro.

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Source : http://www.hindustantimes.com/rssfeed/uttarpradesh/Ghaziabad-houses-to-cost-more/Article1-567063.aspx
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Monday, July 5, 2010

Mahagun compensating customer for delayed possesstion : Mahagun has prooved it this time.

Dear Firends,

Here, I would be glad to share a positive news about Mahagunpuram builders, Mahagun Builders.

As most of you aware about their one of the project in Crossing Republic, Mahagun Mascot. this project got delayed beyond the extended deadline. As per the agreement, they had compensated their customers with rent amount of Rs 10/SQft (per month).

This is confirmed by many of the flat owner in the project. If possible, I request NCR guys to confirm this through their contacts.

This is a good news showcasing the integrity and honesty of the builder, which is one of the rare case in Indian Property market; where builders are taking advantage of loose strings of law. 

We just hope that they will complete their task in Mahagunpuram well on deadline.

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Source : http://nh24property.blogspot.com/2010/07/re-mahagunmascot-re-croma-hats-off-to_04.html
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