NBCC to redevelop DDA staff quarters in Delhi with Rs 775 crore project
State-owned NBCC (India) Ltd will redevelop Delhi Development Authority (DDA) staff quarters in two colonies in the national capital at an estimated cost of nearly Rs 775 crore, PTI reported.In a statement, NBCC said it has signed two separate Memorandums of Understanding (MoUs) with DDA for the comprehensive redevelopment of staff quarters located at Old Rajinder Nagar (ORN) and Safdarjung Development Area (SDA), New Delhi.The MoUs were signed in the presence of N Saravana Kumar, Vice Chairman, DDA, and K P Mahadevaswamy, CMD, NBCC.The projects will involve development of a total built-up area of 1.66 lakh square metres across the two sites. Currently, 117 dwelling units at Old Rajinder Nagar and 152 dwelling units at Safdarjung Development Area are being used as staff quarters by DDA.NBCC will act as the Project Management Consultant and implementing agency, overseeing execution from concept to commissioning.“The redevelopment will follow a self-sustainable model wherein a portion of the developed built-up area will be sold through a transparent process, and the proceeds will be utilised to finance the project, while the remaining built-up area, as decided by DDA, will be handed over for staff use,” the statement said.NBCC’s scope of work includes comprehensive master planning of about 4 hectares at each location, preparation of a Detailed Project Report (DPR) with cost and revenue models, securing statutory approvals in line with MPD-2021 and CPWD norms, architectural and engineering design, tendering and EPC-based construction, third-party quality audits, and completion and commissioning.N Saravana Kumar expressed confidence that NBCC will create a new benchmark by delivering world-class architecture and state-of-the-art amenities in the capital.The NBCC CMD said the signing of the MoUs marks an important step towards sustainable urban redevelopment and optimal use of valuable land assets in Delhi.
