Delhi govt to resume construction of 16,000 flats for poor
Real Estate

Delhi govt to resume construction of 16,000 flats for poor

The Delhi government has decided to restart the construction of about 16,000 semi-built flats meant for the economically weaker sections, which could not be completed due to various reasons. The government has also decided to repair 17,660 flats that have been lying unoccupied for several years and are currently in a dilapidated state. These flats were built by Delhi State Industries and Infrastructure Development Corporation (DSIIDC) under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with financial help from the central government. The department of urban development of Delhi government has approved a proposal to repair unoccupied EWS flats and fully construct semi-built units at a cost of Rs 22.10 billion. The proposal is likely to be brought before the expenditure and finance committee of Delhi government soon.

The DSIIDC had taken up the construction of 34,260 low-cost houses under the JNNURM scheme following various surveys conducted during the 1990s and 2000s. According to the Urban Development Department, 17,660 flats have been completed and 16,600 remain in different stages of construction due to various factors, including non-availability of some parts of land parcels. Of the 17,660 flats, DSIIDC has already handed over 1,530 flats—362 at Bawana and 1,168 at Baprola— to Delhi Urban Shelter Improvement Board for allotment to jhuggi dwellers.

See also:
Lodha to invest Rs 39.5 billion on sustainability
Japanese-backed Satya MicroCapital to finance affordable housing


The Delhi government has decided to restart the construction of about 16,000 semi-built flats meant for the economically weaker sections, which could not be completed due to various reasons. The government has also decided to repair 17,660 flats that have been lying unoccupied for several years and are currently in a dilapidated state. These flats were built by Delhi State Industries and Infrastructure Development Corporation (DSIIDC) under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) with financial help from the central government. The department of urban development of Delhi government has approved a proposal to repair unoccupied EWS flats and fully construct semi-built units at a cost of Rs 22.10 billion. The proposal is likely to be brought before the expenditure and finance committee of Delhi government soon. The DSIIDC had taken up the construction of 34,260 low-cost houses under the JNNURM scheme following various surveys conducted during the 1990s and 2000s. According to the Urban Development Department, 17,660 flats have been completed and 16,600 remain in different stages of construction due to various factors, including non-availability of some parts of land parcels. Of the 17,660 flats, DSIIDC has already handed over 1,530 flats—362 at Bawana and 1,168 at Baprola— to Delhi Urban Shelter Improvement Board for allotment to jhuggi dwellers.See also: Lodha to invest Rs 39.5 billion on sustainability Japanese-backed Satya MicroCapital to finance affordable housing

Next Story
Infrastructure Transport

Kurla Gets New Elevated Harbour Line Station

Mumbai’s suburban railway network has taken a major step forward with the construction of a new elevated Harbour Line station at Kurla, part of the 5th and 6th line corridor. Over the weekend, Central Railway conducted a 14.5-hour mega block to divert tracks between Kurla and Tilak Nagar, clearing the way for the project.The tracks were shifted westwards to accommodate the elevated station, which will handle both regular Harbour Line services and trains originating or terminating at Kurla. Kurla, a key interchange hub, links the Harbour Line from CSMT to Navi Mumbai and Panvel with the Centr..

Next Story
Infrastructure Urban

India Plans 500 km Rail Expansion Along Northeastern Frontier

India is set to strengthen its northeastern frontier with the construction of 500 kilometres of new rail lines, including bridges and tunnels, to improve connectivity, accelerate logistics, and ensure military readiness along borders with China, Bangladesh, Myanmar, and Bhutan. The project is expected to cost Rs 300 billion ($3.4 billion) and is targeted for completion within four years.Though relations with China have recently improved, the infrastructure push reflects India’s long-term contingency planning amid a history of cycles of rapprochement and tension. The new rail corridors will c..

Next Story
Real Estate

BlackRock Leases Bengaluru Office for Rs 410 Billion

BlackRock Services India Pvt Ltd, the Indian arm of global asset manager BlackRock Inc, has leased 1.43 lakh sq ft of office space in Bengaluru’s Ashok Nagar for Rs 410 billion over a 10-year period, according to property registration documents accessed by Propstack.The commercial space, located in KNG Tower 1 and leased from IndiQube Space Limited, covers the ground floor and five additional floors. The monthly rent is set at Rs 2.72 billion at Rs 190 per sq ft, with an annual escalation of 5 per cent. A security deposit of Rs 21.75 billion has been paid. The lease transaction was registere..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?