DDA unveils first TOD project East Delhi Hub

East Delhi Hub, the Delhi Development Authority’s most ambitious Transit-Oriented Development project, the details of which were extensively published in the January issue of Realty & More, was officially unveiled on Wednesday. Again, in an exclusive interview to the magazine in its February issue, DDA Vice-Chairman Balvinder Kumar had talked at length about the project and said the National Buildings Construction Corporation has been placed in charge of executing it.

Based in Karkardooma, the hub is spread over 30 hectares or 75 acres and involves developing 1 crore square feet of built-up area. The two agencies have set themselves a target of completing the project, estimated to cost Rs 4,500 crore, in three years.

The project involves many firsts, including execution of a TOD guidelines-based project. TOD is a futuristic model for development—pedestrian-friendly and high-density with mixed land use–and it’s how DDA hopes to eventually redevelop the entire capital.

The 75-acre zone will be based around the existing Karkardooma Metro station and another which is set to come up in Delhi Metro’s next phase. Dedicated service and studio apartments for senior citizens will also be part of this project.

Advertisements