DDA invites bids for slum rehab, commercial dev
Real Estate

DDA invites bids for slum rehab, commercial dev

Delhi Development Authority (DDA) has invited a request for proposal (RFP) to select private partners to undertake on-site slum rehabilitation of JJ Cluster at Dilshad Garden through public-private partnership (PPP) on a design, build, finance, operate and transfer (DBFOT) basis.

The project is spread over an area of 6.236 hectares, and the expected project cost is Rs 468.10 crore. The eligible slum dwellers will be rehabilitated in 60% of the land area, and the project will be financed by commercial exploitation of the remaining 40% of land by the developer.

The approximate number of slum households to be rehabilitated in this project is 3,367.

During the development phase, the dwellers will be provided rent support at Rs 6,000 per month to enable them to relocate temporarily.

The RFP applications are likely to be received by April 19, and the rehabilitation project is to be completed in three years from the effective date.

DDA is the State Level Nodal Agency (SLNA) for implementing in-situ slum rehabilitation under vertical-1 of Pradhan Mantri Awas Yojana-Urban (PMAY-U) in respect of JJ cluster falling on land belonging to DDA and the central government.

There are around 490 such JJ clusters on DDA and central government lands. DDA is taking up 376 JJ Clusters to identify viable JJ Clusters for in-situ slum rehabilitation on PPP basis as per PMAY guidelines vertical one as other agencies like railways, defence have not given consent.

As we have reported earlier, as many as 7,500 economically weaker section (EWS) houses for three JJ Clusters at Jailorwala Bagh, Kalkaji Extension, and Kathputli Colony, Shadipur are under construction and are likely to be completed by December 2021.

Sixteen projects consisting of 30 JJ Clusters having about 34,000 households are under formulation. DPR of six projects comprising 10 JJ clusters having about 9,600 households have been prepared and are likely to be tendered shortly.

The detailed project reports (DPRs) of the remaining 10 projects comprising 20 JJ Clusters covering about 24,000 households are under preparation.

Image Source


Also read: DDA policy for development in peripheral villages

Delhi Development Authority (DDA) has invited a request for proposal (RFP) to select private partners to undertake on-site slum rehabilitation of JJ Cluster at Dilshad Garden through public-private partnership (PPP) on a design, build, finance, operate and transfer (DBFOT) basis. The project is spread over an area of 6.236 hectares, and the expected project cost is Rs 468.10 crore. The eligible slum dwellers will be rehabilitated in 60% of the land area, and the project will be financed by commercial exploitation of the remaining 40% of land by the developer. The approximate number of slum households to be rehabilitated in this project is 3,367. During the development phase, the dwellers will be provided rent support at Rs 6,000 per month to enable them to relocate temporarily. The RFP applications are likely to be received by April 19, and the rehabilitation project is to be completed in three years from the effective date. DDA is the State Level Nodal Agency (SLNA) for implementing in-situ slum rehabilitation under vertical-1 of Pradhan Mantri Awas Yojana-Urban (PMAY-U) in respect of JJ cluster falling on land belonging to DDA and the central government. There are around 490 such JJ clusters on DDA and central government lands. DDA is taking up 376 JJ Clusters to identify viable JJ Clusters for in-situ slum rehabilitation on PPP basis as per PMAY guidelines vertical one as other agencies like railways, defence have not given consent. As we have reported earlier, as many as 7,500 economically weaker section (EWS) houses for three JJ Clusters at Jailorwala Bagh, Kalkaji Extension, and Kathputli Colony, Shadipur are under construction and are likely to be completed by December 2021. Sixteen projects consisting of 30 JJ Clusters having about 34,000 households are under formulation. DPR of six projects comprising 10 JJ clusters having about 9,600 households have been prepared and are likely to be tendered shortly. The detailed project reports (DPRs) of the remaining 10 projects comprising 20 JJ Clusters covering about 24,000 households are under preparation. Image Source Also read: DDA policy for development in peripheral villages

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000