News Source: content.magicbricks.com
South Delhi civic body to allot land to DMRC for phase-IV at no profit no loss
News Source/Courtesy: content.magicbricks.com

South Delhi Municipal Corporation plans to allocate 13,347 sq metres of land in Chhatarpur and Khanpur to Delhi Metro Rail Corporation for construction of Mass Rapid Transit System Phase-IV project from IGI terminal to Saket. The land has been granted at no-profit, no-loss rate of Rs 14,165 per sq metre.

The sites were finalised after joint inspection by officials from SDMC and DMRC early this year. The proposal will be placed before the next house for the final nod.

In Chhatarpur, DMRC will have to pay Rs 1.06 crores for 750 sqm of land allotted on a permanent basis, and around Rs 2.80 crore for 9,917 sqm of land allotted on a temporary basis for 4 years. Similarly in Khanpur, 1,266 sqm of land will cost the DMRC more than Rs 1.79 crore on a permanent allotment, and another 1,414 sqm will be allotted on a temporary basis for 3 years at Rs 30 lakh.

SDMC has also passed a proposal for allocating 18,360 sqm of land at Sarai Kale Khan to the National Capital Region Transport Corporation for the construction of an RRTS station and viaduct.

Fill the numbers here
If not readable, please refresh.
Refresh

News Source: content.magicbricks.com

You Might Also Like

Leave A Comment

Don’t worry ! Your email address will not be published. Required fields are marked (*).

Fill the numbers here
If not readable, please refresh.
Refresh

Fill the numbers here
If not readable, please refresh.
Refresh

-: Disclaimer :-


This article has been aggregated from content.magicbricks.com and they maybe/are the copyright owners of the same. If you are the Author/Copyright owner of this article and want us to remove the same then send an email to admin@southdelhi.news so that we can delete it immediately. We sincerely regret and apologies for any inconvenience caused to you due to the same. Though it is your decision but please take note that the link to your website and the article have been given above, within and on the bottom of the article.

Voting Poll