Re: [mpisgmedia] MetroPropertyDevelopment [by Parsvnath]

Are these the same guys who have a trail of angry
clients all over UP - Noida - Ghaziabad etc for
delayed projects - poor construction - tenement like
apartment projects etc.? NO wonder DMRC loves them
enuff to award all 6 projects to them. No doubt the
RWAs will be up in arms and force Shielaji to roll
back DMRCs proposed 25% hike in Metro fares due in
Oct. leaving yet another poor little public utility no
option but to raise additional revenues through
property development to compensate.

Sarbajit

--- Gita Dewan Verma <[email protected]> wrote:

> | HT leisure report:
>
> Five more Metro Malls on cards for Delhi shoppers
>
> Press Trust of India
>
> New Delhi, September 12, 2005
> With the Capital's first ever Metro Mall at
> Inderlok
> becoming a hit with commuters, the Delhiites would
> get
> to enjoy the shop-as-you-travel experience at five
> more Metro stations by March next year.
> Inspired by the three-tier stations of Malaysia,
> Hong
> Kong and London, the Malls, which would be coming up
> at stations including Seelampur and Shahdara, have
> already roped in leading consumer brands such as
> Pizza
> Hut, Pepe, Adidas and United Colours of Benetton,
> according to its developers.
> "With over one lakh square feet of shopping
> extravaganza, speciality restaurants, snack bars,
> fast
> food centres and coffee corners, the Metro Malls
> will
> have everything to tickle the taste buds of Delhi's
> gourmets and diehard shoppers," Pradeep Jain,
> Chairman
> of Parsvnath Developers, who have bagged the six
> projects from the Delhi Metro Rail Corporation on
> Build, Operate and Transfer basis, said.
> The other features of the Malls would be
> round-the-clock security, uninterrupted power
> supply,
> ample parking space and escalators besides
> multi-product departmental stores and ATMs, he said,
> adding the big brands are getting attracted to the
> Malls because of their "committed footfall".
> Another unique project on the pipeline is the
> residential project at the Khyber Pass Metro
> station,
> which would be a "high end property" located at a
> five
> minute walking distance from the station. With the
> flats expected to cost an estimated Rs one crore
> each,
> the project is likely to be completed in three
> years,
> Jain said.
> The developers also plan 16 other Malls across the
> city besides undertaking 60 projects in 21 cities in
> eight states at an estimated cost of Rs 8,000 crore,
> he said.
>
http://www.hindustantimes.com/news/181_1489651,0047.htm
>
>
> --- Gita Dewan Verma <[email protected]> wrote:
>
> > My case against metro property development came up
> > before Justice Nandrajog yesterday and has been
> > listed
> > for 19/10/05. The stay against DMRC tender for
> > so-called temporary Amusement Park on 15 + 2.7 Ha
> on
> > the riverbed on extendable 15-year license is also
> > extended till then.
> >
> > Meanwhile, Ahmedabad metro by 2010, on Delhi
> lines:
> >
>
http://cities.expressindia.com/fullstory.php?newsid=146125
> > "THE State Government, which will in a month start
> > the
> > procedure for buying land for the Ahmedabad Metro
> > Rail
> > project, is currently working on finances for the
> > project ... ...To be completed in two phases, the
> > first phase is expected to be operational by 2010,
> > while the second phase would be operational by
> 2035.
> > The Ahmedabad Metro Rail, which has been designed
> on
> > the lines of Delhi Metro Rail Project, is to be
> > developed at an estimated cost of Rs 3,200 crores.
> > The
> > Delhi Rail Metro Corporation has submitted two
> > project
> > reports to the state government"
> >
> >
> >
> > --- on 26/08/05
> > --- Gita Dewan Verma <[email protected]>
> wrote:
> >
> > > I have a reply from MoEF to copy of my letters
> > about
> > > clearances claimed by DMRC in its
> > counter-affidavit.
> > > The proposals for metroPD on the riverbed were
> not
> > > submitted for clearance.
> > > ----
> > >
> > > the hindu had a report on 25/08 saying kerala
> > > cabinet
> > > has cleared the kochi metro (on delhi pattern)
> > >
> >
>
http://www.hindu.com/2005/08/25/stories/2005082514280100.htm
> > > ----
> > >
> > >
> > > --- on 25/08/05
> > > --- Gita Dewan Verma <[email protected]>
> > wrote:
> > >
> > > > We have filed yesterday the rejoinder in my
> case
> > > > against metro property development. It is
> posted
> > > > after
> > > > the petition and the two applications at:
> > > >
> http://plan.architexturez.net/site/mpisg/p/metro
> > > > Makes, on affidavit now, the case that our
> > > > world-class-role-model is template not just
> for
> > > > world-class metro, but also for riding on it a
> > > > third-class metroPD scam.
> > > >
> > > > -----
> > > > Anyone knows if Kerala cabinet approved on
> > > Wednesday
> > > > the Delhi-metro-model? (I find its pace
> > > astounding.
> > > > Monday a high-level meeting discusses a
> > photo-copy
> > > > *funding-plan* for metro-by-2010 and schedules
> > > > cabinet
> > > > approval on Wednesday, clearances by October
> 31,
> > > > start
> > > > of facilitating-law-making...) The next one in
> > the
> > > > race to 2010, we can assume, will be quicker
> > > still.
> > > > We
> > > > will surely be world-class by 2010 at this
> rate
> > > > (what
> > > > in is anyway fuzzy claim).
> > > >
> > >
> >
> >
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>
>
>
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Folow-ups
  • Re: [mpisgmedia] MetroPropertyDevelopment [shooting revenue]
    • From: Gita Dewan Verma
  • Replies
    Re: [mpisgmedia] MetroPropertyDevelopment [by Parsvnath], Gita Dewan Verma
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