Ireo, India’s first and the largest FDI investor dedicated to the Indian real estate sector, announced the launch of ‘The Corridors’, one of the largest residential complexes in Gurgaon spread over 37.5 acres in Sector 67(A). The development encompasses 10 acres of contiguous greens and a 2-acre clubhouse that is one of the largest in Gurgaon. This sprawling condominium integrates Ireo’s signature homes with a range of leisure facilities, sports infrastructure as well as convenient location of all basic amenities – making it one of the most attractive residential zones in the city.
– One of the Largest Condominiums in Gurgaon, Sprawling Over 37.5 Acres;
– 2-Acre Clubhouse Facility, One of the Largest in the City;
– An Expansive 10-Acre Cover of Contiguous Central Greens;
– 10-Acre Community Zone With Crèche, School, Hospital and Retail Facility
The Corridors has been envisaged as a self-contained ecosystem with comprehensive physical and social infrastructure. The master planned complex comprises of 1780 apartments in configuration of 2,3 and 4 BHK units ranging from 1296 – 2740 sq. ft. with price starting at 1.4 Cr. Nearly 10 acre of the development is dedicated to community amenities including 5 acre standalone school, hospital and retail facility.
A distinctive feature of The Corridors is its choice of leisure facilities. For health and fitness enthusiasts, it is a mini sports city with the widest array of indoor and outdoor sports amenities including football, tennis, futsal, basketball, swimming and fitness trail with distance markers. The double-storeyed clubhouse spanning over 2 acres offers a plethora of entertainment and leisure options including restaurants, banquet halls, spa and a meditation center.
Read more: DNA
Coming soon: Rapid travel in Delhi, NCR
Congested roads, inconvenient travelling options, high levels of pollution and an overburdened national Capital. The Regional Rapid Transit System (RRTS), which is aimed at better connectivity within the National Capital Region, is expected to change all of that.
The system, expected to become operational by 2016, promises high-speed trains running at an interval of five to six minutes, reducing travel time and ensuring comfort for thousands of commuters who travel between Delhi and the neighbouring States. Connecting Delhi with Panipat, Alwar and Meerut in the first phase, the RRTS is finally taking shape.
The Union Cabinet recently approved the setting up of the National Capital Region Transport Corporation Limited (NCRTC), which will implement the RRTS projects in the NCR.
“The RRTS has several benefits — it will reduce accidents and congestion on road, it will bring down pollution by reducing the number of private vehicles, and for commuters, it will offer safe, efficient and fast transport in the NCR. It will bring about a dramatic shift in the share of the public transport on the roads,” said Naini Jayaseelan, Member Secretary of the NCR Planning Board (NCRPB) which has conceived the project.
Read more: The Hindu
First motorsport event in city today
First motorsport event Speed Sprint will be organised on Sunday in Ludhiana. The track for the event has been prepared at Ireo Waterfront, Ludhiana, where the speed show will be held tomorrow.
City motorsport lovers gathered at the venue on Saturday to witness the test drive of Renault vehicles and Harley Davidson superbikes.
Speed Sprint is a popular sprint rally format of car and bike race in the country. Registration entries have been received from various parts of Punjab, Haryana, Himachal Pradesh, Uttar Pradesh, Rajasthan, Uttranchal, Jammu and Kashmir, Delhi, Chandigarh and Panchkula. Speed Sprint will be organised over a specially-designed tarmac track spread over 5 km. About 150 participants have already registered.
Source: Indian Express
Metro Looks at Integrated Planning
The Delhi Metro Rail Corporation will factor in multi-modal integration into the planning stages of Phase-III of constructions, said Director (Operations) Sharat Sharma at a seminar on urban transport in Delhi on Friday. Sharma said the land available in the first two phases of construction was demarked for parking facilities and the Delhi Metro will now consider strengthening the integration process in Phase-III. An audience member told Sharma that the integration of the Metro system with other modes of transport was “not up to the mark” and terminals were not demarked for bus passages. “Right now, it is by default that vehicles such as auto-rickshaws and buses crowd outside the Metro stations. It has not been planned,” pointed out the audience member. Earlier, Sharma in his presentation on the mass rapid transit system pointed out that multi-modal integration could be improved.
The Hindu (Page 4)
Assocham : Fewer jobs in Chennai, more in Delhi
Assocham, the apex body of business chambers and trade bodies from April- June 2013 survey has found Chennai witnessed a 21 per cent decline in new job generation compared to last year for the same period.
The survey was carried out across India to see the employment potential of various cities. The reason was that many SMEs recruited fewer hands due to power cuts, it said. Last year, 10,000 jobs were filled up but this year it was only 2000. The vacancies in 32 sectors were scanned from advertisements in job supplements of regional and national dailies as well as from job portals. The Assocham survey topic was – Job trends in cities and sectors.
Assocham survey says that very few cities had a bright employment scenario. Except for Delhi-NCR area, other cities are having a dismal job scenario. Across the country, the survey says 25% of SMEs have closed down and partly from the lack of demand, the main reason is non-availability of power. Inflationary market conditions, drop in production and declining rupee has made India Inc to go slow on hiring.
Assocham feels that the July-September quarter is no better than the first quarter as the market conditions remain the same and in some sectors it has only worsened. It hopes that the Q3 will see a better scenario. A 16% increase in jobs was steadily maintained in the Delhi-NCR region and in the Q1 it had employed 34,000 compared to last year quarter where it added 29,000. The region has excessive power.
Read more: Truth Dive