Cabinet approves redevelopment of seven GPRA colonies in Delhi
The project will also develop Government office accommodation for nearly 2.42 lakh sqm at Netaji Nagar, read a government statement.
The total estimated cost of the project is Rs.32,835 crores including maintenance and operation costs for 30 years. The project shall be implemented on self-financing basis by sale of commercial BUA in Nauroji Nagar and parts of Sarojini Nagar, adjoining the Ring Road.
The project will be completed in five years in a phased manner.
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