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DDA signs agreement with the NBCC for three mega projects


“As per our plan, we will start with designing of the Lake View Complex and in the next five-six months, work is expected start on the ground. In about next three years, the project is likely to be completed, said NBCC Chairman-cum-Managing Director Anoop Kumar Mittal who signed the MoU with DDA Vice-Chairman Balvinder Kumar.
Transit-oriented-development (TOD) norms encourage development around a transport hub and calls for greater use of public transport system over private vehicles. The complex will have residential, commercial and corporate areas and NBCC will execute the project. The Sanjay Lake will also be adopted and rejuvenated by it, Kumar said.
It will have mixed land-use development projects like old-age homes, recreational, sports, residential and commercial facilities, among others, Kumar said.
A unique feature of the project will be the visual integration with the Sanjay Lake. The western periphery of the complex, overlooking the Sanjay Park will be developed as a lake-front promenade, equipped with walking and cycling track as well as plazas, eateries and skywalks, he said.
Besides, that DDA also announced that an adventure cycle park will be set up on 10 hectare of green forested land in Dwarka’s Sector 5, which would be completed in the next 1.5 years.
Terming the ‘Adventure Cycle Park’ as a unique project in the country, Kumar said, the entire land will be developed without cutting any trees. It will have a 2 km-long mountain terrain for biking for adventure sports lovers.
“The land is in DDA possession and the work on the ‘Adventure Cycle Park’ is expected to begin in 1-2 months,” he said.
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