Fortune Realtech sale,purchase,rent,construction and housing loan of property in gurgaon

Posted Date :	9/23/2008 4:58:00 PM
News Headlines :	HUDA to Develop Skyscrapers in Gurgaon
News Details :	Ministry of Civil aviation has given a nod to the Haryana Urban Development Authority (HUDA) to bring skyscrapers at its proposed city centre site in Sector 29, Gurgaon. Earlier, the HUDA’s plan to build four 140 storeyed towers could not fall into green box because of the ministry’s disapproval of the project. Despite the ministry’s order to decrease the height, the structures will be taller than the DLF’s ship shaped building. The proposed business district will come over a large area of 380 acres and is scheduled to be over by next couple of years, says Haryana CM Bhupinder Singh Hooda. It does not make any sense to construct only two storey buildings, says a HUDA official. The Authority is working on sketch and drawings of the project and says them to be ready within the next three months. Then, HUDA will either design the project by itself or invite designs from known companies. In 1987, HUDA acquired 480 acres in Sector-29 for development of the city centre project. But, the successive government preferred to put the development plans on hold. There is a large prime space which has been kept away from private builders. The government could have generated large revenue from the construction of the city centre. HUDA had also invited bidders for a shopping mall to be developed over 4 acre. But, it was withdrawn a day before the date of auction.

<<Back To News

Testimonials \| Exchange Links \| Sitemap \| User Guide \| Contact us
© 2008-fortunerealtech.com. All rights reserved. Privacy Policy \| Disclaimer Use of this website signifies your agreement to the Terms of Use.