EMDC begins work on the Phase-3 of Shahdara Jheel-cum-recreational park

03 Jan 2022 CW Team

East Delhi Municipal Corporation (EDMC) has started work on phase-3 of the Shahdara Jheel-cum-recreational park project.

It will be the first picnic spot in east Delhi with eateries, boating facilities, walking tracks, huge lawns, among others. While work on phase II is nearly completed, they have begun drafting a request for a proposal for the third phase.

Only one concessionaire will operate all facilities, comprising boating, food court, booking of party lawns, parking lot, meeting hall, open amphitheatre, and maintenance and security of the place. The income collected will be shared on a specific ratio, as per an EDMC official.

The second phase incorporated civil, electrical and horticulture works, like developing the open amphitheatre, administrative block, tiling, installing poles, party lawns, planting shrubs and grass, LED or decorative lights, decorations and grilles around the selfie points. A few works were pending due to payment not being issued to the contractor. As the project was devised under the AMRUT scheme, they were waiting for funds from the government. It was believed to allot them Rs 15 crore.

Recently, the government issued the remaining Rs 5 crore after which work was expedited. Presently, levelling work is being done in the amphitheatre and lawns. It will be followed by horticulture works. They expect to make the place functional by the start of April. Entry to the area will be ticketed.

Believing it will be a massive green area in the middle of residential colonies, people will host parties or meetings in the lawns and meeting rooms. There will be ample surface parking space for about 300 vehicles. The park measures about 32 acres, out of which the jheel is spread over 14 acres.

Image Source

Real Estate

14 Oct 2025

CRISIL Leases Rs 6 billion Office Space in Mumbai’s Powai

CRISIL, a leading global analytics and rating agency, has signed a long-term lease worth nearly Rs 6 billion for about 250,000 sq ft of office space in Mumbai’s Powai. The lease, among the largest in the city’s commercial property segment, spans approximately 15 years.The company will occupy a new building at Hiranandani Business Park in Powai, one of Mumbai’s most premium business districts known for its modern infrastructure and connectivity. The lease, structured on a long-term model, underscores the growing demand for high-quality, large-scale office spaces from financial and knowled..

Kolte-Patil Acquires 7.5-Acre Pune Land with Rs 14 bn GDV

Kolte-Patil Developers has acquired a 7.5-acre land parcel in Pune’s western micro-market, with a projected gross development value (GDV) of around Rs 14 billion. The project will be developed as a premium residential community catering to mid and upper-income homebuyers. Located along the Baner-Balewadi corridor, the land is strategically positioned near Pune’s IT and commercial hubs. The acquisition is expected to strengthen the company’s presence in the city’s high-demand residential zones. According to the developer, the project will feature contemporary amenities and sustainable..

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..