DDA to develop 9 multi-level car parks

Friday, March 27, 2009
Source: http://www.expressindia.com/

The Delhi Development Authority (DDA) has invited tenders for nine plots to build multi-level parking lots in the Capital.
According to sources, these plots will be developed on a Public Private Partnership (PPP) basis similar to the model followed by the agency for its Nehru Place multi-level parking lot. The parking lots, which will have anywhere between three to seven levels depending on size and location, will be built at community centres or district centres in Dwarka, Janakpuri, Hari Nagar, Wazirpur, Okhla, Motia Khan, Mayur Place and Yamuna Vihar.

“We have invited tenders for the project. The sealed tenders will be opened on March 30,” Neemo Dhar, Director, Public Relations, DDA, said.

DDA officials also confirmed that the plots include a “commercial component”. Those buying these plots can run restaurants, shops and other permitted commercial establishments.

“A consultant will be roped in to provide a complete feasibility study on the project, including details of the size of the commercial component and the design and layout of the parking lots,” a senior DDA official said.

The development of these parking lots and the regulatory framework for the commercial complexes will be in keeping with the guidelines of the Masterplan 2021, the official said.

The reserve price for these plots range between Rs 31.59 crore for a plot in Yamuna Vihar to Rs 365.68 crore for a plot in Mayur Place.

The first multi-level parking lot was developed by the DDA in 2006 at Nehru Place. The plot had provisions for 70 per cent parking and 30 per cent commercial space.

“For the Nehru Place complex, the commercial component was a very large chunk of the plot. We will scale it down for the new projects. The plot in Rohini, for example, will have a commercial component of 10 to 15 per cent,” the official said.