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Redevelopment of old government buildings permission attained

No Comments Sub Category:Realty News Posted On: Sep 08, 2014

The National Building Construction Company (NBCC) has received the go-ahead from the Ministry of Urban Development to redevelop three World War-II era government colonies in the heart of South Delhi.

Under the redevelopment plan, high-rise apartment complexes will replace the old two-storey houses at Netaji Nagar, Kasturba Nagar and Thyagraj Nagar, spread over nearly 185 acres near Bhikaji Cama Place. An NBCC official said the new buildings will have 12 floors or more. More than 12,500 houses will be built under the project, costing an estimated Rs 15,000 crore.

Though the high-rises will pack more number of housing units into the colonies, the Thyagraj Nagar Colony will have less number of houses than those existing there now. But the new houses would be bigger than the existing ones.

This is being done in order to facilitate the re development plan which has been lagging behind from a long time. It has not been stated as from when the work will start but the permission has been received in order to re develop these buildings. It would take some time before the work starts of.

Source: The Indian Express

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