Prime Minister to Inaugurate Multiple Delhi Projects Worth Rs 335 bn

The Prime Minister is scheduled to inaugurate and lay the foundation stone of multiple development projects worth around Rs 335 bn on eight March in Delhi and will address the gathering during the event. Prior to the programme the Prime Minister is to visit General Pool Residential Accommodation (GPRA) Type-five quarters in Sarojini Nagar and hand over keys to female allottees.

The Prime Minister will inaugurate Delhi Metro projects valued at about Rs 183 bn, including two new corridors: the Majlis Park-Maujpur Babarpur Pink Line corridor of around 12.3 km and the Deepali Chowk-Majlis Park Magenta Line corridor of around nine point nine km. The new connectivity is expected to benefit areas such as Burari, Jagatpur-Wazirabad, Khajuri Khas, Bhajanpura, Yamuna Vihar, Madhuban Chowk and Haiderpur Badli Mor and to improve commuter access across northern and central districts. These additions form part of a broader strategy to expand rapid transit capacity and reduce congestion in the capital.

The Prime Minister will also lay the foundation stone for three new corridors under Phase V-A of the Delhi Metro covering a route length of around 16.1 km. The corridors will link R.K. Ashram Marg to Indraprastha, Aerocity to Indira Gandhi Airport Terminal-one and Tughlakabad to Kalindi Kunj, providing direct connectivity to key locations across the national capital. The additions are expected to improve travel times for residents commuting between Noida, South Delhi and the airport.

The projects under the General Pool Residential Accommodation Redevelopment Plan are valued at about Rs 152 bn and are spread across Sarojini Nagar, Netaji Nagar, Kasturba Nagar and Sriniwaspuri to modernise GPRA colonies and accommodate administrative offices. The redevelopment has been implemented through an innovative self-sustaining financial model that monetises a limited portion of the project area for commercial and residential space to finance the entire scheme without burdening the public exchequer. The plan will provide more than 9,350 modern flats for government employees and create approximately 4.8 mn square feet of office space, which is intended to enhance administrative efficiency while generating monetisation potential.

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