NDMC to Build Two Commercial Complexes in Delhi
Real Estate

NDMC to Build Two Commercial Complexes in Delhi

The New Delhi Municipal Council (NDMC) has prepared a plan to develop two commercial complexes to enhance its infrastructure and utilize vacant sites for increased revenue generation. These complexes will be located opposite Prithviraj Market and at a vacant plot adjoining Akbar Bhawan in Chanakyapuri.

NDMC Chairman Keshav Chandra announced the projects in the budget proposals for the financial year 2025-26.

The NDMC owns single-storey vacant flats opposite Prithviraj Market and next to Lok Nayak Bhawan, which were previously occupied by NDMC employees. The chairman explained that the commercialisation project for this complex involves demolishing the entire area and redeveloping the space for offices and shops. He stated that demolition work is expected to begin by March 2025.

An NDMC official provided further details, stating that the complex would be developed similarly to Lok Nayak Bhawan, with at least eight storeys. The ground floor would have retail spaces, while the upper floors would house offices. The total built-up area will be around 1 lakh square feet, with 18-20 per cent allocated for retail and the remainder for offices. The design, feasibility study, and tendering for the project are expected to be completed in this financial year, with work scheduled to begin in the next financial year once the plan is approved in the council meeting. The council is currently focused on the architecture and design of the commercial centre.

Additionally, the official mentioned that the open parking area for Khan Market and Prithviraj Market might be repurposed to develop an underground multi-level parking facility.

Regarding the second project, for a multi-storey commercial complex in front of Akbar Bhawan, the council had earlier invited tenders for the construction of a multi-storey office complex with four basements and ten storeys. However, the tendering process was delayed due to litigation in the Delhi High Court. The official noted that the case has now been resolved, and the detailed estimate is being revised for further processing. Since the initial plan was developed four years ago, the revised plan might result in cost escalations. The official added that they expect to proceed with the tender process for the project within the next six months.

The New Delhi Municipal Council (NDMC) has prepared a plan to develop two commercial complexes to enhance its infrastructure and utilize vacant sites for increased revenue generation. These complexes will be located opposite Prithviraj Market and at a vacant plot adjoining Akbar Bhawan in Chanakyapuri. NDMC Chairman Keshav Chandra announced the projects in the budget proposals for the financial year 2025-26. The NDMC owns single-storey vacant flats opposite Prithviraj Market and next to Lok Nayak Bhawan, which were previously occupied by NDMC employees. The chairman explained that the commercialisation project for this complex involves demolishing the entire area and redeveloping the space for offices and shops. He stated that demolition work is expected to begin by March 2025. An NDMC official provided further details, stating that the complex would be developed similarly to Lok Nayak Bhawan, with at least eight storeys. The ground floor would have retail spaces, while the upper floors would house offices. The total built-up area will be around 1 lakh square feet, with 18-20 per cent allocated for retail and the remainder for offices. The design, feasibility study, and tendering for the project are expected to be completed in this financial year, with work scheduled to begin in the next financial year once the plan is approved in the council meeting. The council is currently focused on the architecture and design of the commercial centre. Additionally, the official mentioned that the open parking area for Khan Market and Prithviraj Market might be repurposed to develop an underground multi-level parking facility. Regarding the second project, for a multi-storey commercial complex in front of Akbar Bhawan, the council had earlier invited tenders for the construction of a multi-storey office complex with four basements and ten storeys. However, the tendering process was delayed due to litigation in the Delhi High Court. The official noted that the case has now been resolved, and the detailed estimate is being revised for further processing. Since the initial plan was developed four years ago, the revised plan might result in cost escalations. The official added that they expect to proceed with the tender process for the project within the next six months.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?