NBCC taking up Rs.12,000 cr smart city project

    National Building Construction Corporation (NBCC)
    The National Building Construction Corporation (NBCC) is all set to take up the smart city project at Ghitorni, in the heart of south Delhi, at an investment of Rs.12000 crore, said official sources that the new smart sub-city is to come up near Vasant Kunj and next to the Ghitorni metro station. In this connection, the ministry of housing and urban affairs is floating the Cabinet note for the capital's first smart sub-city project shortly. It would be the largest green field residential and commercial real estate development with high-rise project that would be built on over 200 acres of land. In the project, close to 30% of the area is to be reserved for commercial usage while the remaining area will house close to 12,000 residential flats — half of which will be reserved for government servants and the rest will be open for private purchase. In addition, the Delhi Development Authority (DDA) has also expedited the process of constructing smart sub-cities in the national capital at Dwarka, Rohini, and Narela. In Dwarka, the DDA had identified vacant land for the project. Further, while the DDA had already floated a request for proposal (RFP) for the Dwarka project and is all set to float similar RFPs for the Rohini and Narela projects.
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