Archive for: May 2008

Three people were arrested by the Noida police for smuggling the liquor. Five cartons of smuggled liquor were recovered from their possession. The Noida police have identified the three arrested people as Magan Bhatti, Adesh Kumar and Colonel alias Kavinder. All three were arrested from the Okhla barrage chowki area. The police have filed the case against them and will continuing the further proceedings. A Maruti Esteem car, three knives and five cartons of English liquor were recovered from them. All things are now under the police custody. “Needed step will be taken to resolve the case”, the police said.

Delhi and Noida will on high alert on May 29th as he gujjars have threatened the government to reach Delhi with the protest. A high alert for the officials have been declared to be active on the roads as the Rasta Roko program of gujjar can affect the city badly. The government has decided to take strong steps to control the protest. Gujjars have blocked the railway tracks for long hours in Greater Noida hampering the rail transportation. Mehrauli – Badarpur road and Delhi – Meerut highway was blocked for log hours and busses heading to UP from Delhi were stopped. Thursday will be a tough day for the residents of Noida and Ghaziabad as gujjars has decided to move to NCR for protest. They have stopped transporting of milk, vegetables and other products of daily necessity from Rajasthan. Home ministry is taking the threat seriously and Minister Shiv Raj Patil met the police commission of Delhi to discuss the strategy to how to protect Delhi and NCR. Thus, they are not leaving any scope for the gujjars to make any loss in the jurisdiction of Noida, Ghaziabad and Delhi.

The protest of gujjars against the government is spreading all over the western to northern India. Gujjars community has blocked the roads and rails on the major routes. Many trains for Kota, Mumbai and Delhi has been cancelled and traveling by road is also equally unsafe as the gujjars have blocked the highways for Agra, Delhi and other cities like Ghaziabad and Noida. The protest has affected the case proceeding of Noida double murder case as the gujjar lawyer has also went on the strike and could not present the Dr. Rajesh Talwar in the court for bail. And, the further coming days are expected to be tougher for the Delhiites and Noida people as the Gujjar Mahapanchayat of NCR region has decided to stop the supply of milk and vegetables to the city. The deadlock of one state has shown clearly that how it can affect the other neighboring states.

After talking to Nupur Talwar, Aarushi’s mother, Noida police indicated the possibility of more arrests in sensational twin murder case of Aarushi and Hemarj. Dr. Rajesh Talwar is already under the custody of Noida police. Police has seized the Central Processing Unit (CPU) of the computer used by Aarushi from the room where she was found dead next morning. The cyber experts will analyze the information for more evidences and further probe. The Noida police questioned Nupur for an hour after the two days of her husband’s arrest for allegedly killing his own daughter and Hemraj, the domestic help of the family. Police says one is a planned murder and other one became the victim of circumstances. But the police are still unable to find out the motive of the murder. The Noida police are also planning to take the permission of Narco-analysis test of Dr. Rajesh Talwar from the court.

The crime rate in Noida is reaching a new height in the region. Consider the Nithari case, Noida police faced serious criticism. Over 700 skeletal remains were discovered from the residence of Moninder Singh Pandher. But the local police did not even bother to file the case against Pandher and his servant Surender Koli. Despite the fact that many children were going missing from the area at regular intervals of time. But police did not paid the needed attention. After that, the case of Anant’s kidnapping (Son of Adobe’s CEO) has raised the question mark on the efficiency of the police. The boy returned home mysteriously in an autorikshaw. But the Noida police claimed that they had rescued Anant from kidnappers. And till date there is no clue of the kidnappers. Now the double murder case of Aarushi and Hemraj has made the Noida police susceptible of their skills. Overlooking the dead body of the domestic help of the house shows how much the Noida police is dedicated in investigation. Noida police keeps shocking us with their style of handling the cases. Their investigations have made one wonder whether the officers were taught the basic skills of investigation or not. The results of above mentioned cases have proved why Noida police is facing so much criticism.

Aarushi Talwar, 14 year old girl, was found murdered in her sector 25 home in Noida. The young girl was found dead with her throat slit in her bedroom just next to the room where her parents were sleeping. Initially the domestic help of family Hemraj who was found missing, was the prime suspect for the case. But when he was discovered dead on the terrace of the same apartment, the case took a turn. For the investigation, the Noida police took help from the Special Task Force (STF) to sort out the case. In the later developments of the case, the Uttar Pradesh Additional Director General of Police, crime and STF, Brijlal, confirmed the detention of Vishnu as the prime suspect. He formerly worked for the Talwar family in Noida. The Noida police suspect Vishnu did the murder of Hemraj to take the revenge. The cases of crimes by the domestic helps are rising day by day. The verification of the domestic helps becomes necessary as the cases of crime through helps are coming into lime light every now and then.

The rental retail market of Noida is reviewing the significant slow down in the rates. Observing the present status, the drop in the retail rental values from the last three months varies from 10% to 35%. The malls of Greater Noida and Noida have seen the dip of 20% to 25%. The industry sources informed that in the initial level, the rates of the rental properties in the same micro-markets were similar. But, when they became operational, the rates came down reviewing the footfalls and revenues. Malls in Greater Noida, such as Omaxe Connaught Place, have seen the drop of rental rates by 20% to 25%. The problem identified for this slow down is that the developers are unable to provide the organized retail space. Though some micro markets have seen the mitigation, but it could be for the temporary period. This softening of rentals may give relaxation to the retails business entrepreneurs but it is not a good news for mall owners.

In Noida and other NCR region, most of the people have just moved in and they have hired the helps from local contacts or from placement agencies. While hiring from the placement agencies, people do not feel the need to verify the identity of the person which has given an advantage to the rising crimes. Noida police says residents do not realize the necessity of verification of helps. But the recent murder of a DPS school girl has raised the issue again. The rate of crime is increasing day by day. The Noida police have felt the need to enforce a new law to make it compulsory for the house owners to make the verification of the helps before recruiting them. Verification is needed for the resident’s satisfaction. It also make easy for the police to find out the culprit. According to the official figures found in a survey that the number of verification was 28,000 last year which has come down to only 12,000 this year.

If you are waiting for property prices to fall by the end of the year to buy your dream house in the city, you may be doing the right thing! Realty experts predict a 10-20% fall in residential prices in and around metros. There is respite ahead for people who want to invest in residential property in metros. According to experts, this segment of the market is set to witness a slide in prices soon. That’s because over five million sq ft of residential space is under construction currently in areas in and around Delhi, Mumbai, Chennai, and Bangalore. They say a majority of this supply will hit the realty

After housing and special economic zones, budget hotels and infrastructure are going to be next focus area of investment for realty firm Uppal group. ‘Infrastructure is going to be our next focus area in the coming years. We are interested in highway development projects and water supply infrastructure, which has a huge investment potential in the coming years,’ Manish Uppal, managing director, Uppal group said Wednesday. Uppals have already announced their plan to invest Rs.80 billion in four SEZ projects and two hotel projects. The company has received the notification for two SEZs in Gurgaon, and has got the formal approval for two SEZs planned in Noida and Greater Noida, satellite towns of the national capital. ‘The company is also planning one production based SEZ on Delhi-Chandigarh highway,’ said Uppal. However, he refused to reveal any further detail. ‘Also, we are seriously considering various projects of budget hotels. This is an area which has a huge potential,’ he added. On the slowdown that is looming on real estate sector for the past few months, he said: “The slowdown has mainly affected the luxury housing segment. The mid-segment has seen a price correction of about 10 percent.’ ‘However the actual sales have not been affected. Most of the buyers are now actual end users and not just investors,’ he added. When asked about the source of funding for the projects, he said it would be done through internal accrual, debts and private equity at project level. From: India Prwire Busines Uppal Group to focus on infrastructure, budget hotels