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PROPERTY DEVELOPMENT

Future Implementation:

(1) Implementation of Property Development works is continuing along with expansion of the MRTS network in Phase II project. Property development generally follows the progress of construction of MRTS by an year so. Developments are being planned & executed in a similar manner as done for Phase I routes. An additional feature is that for some stations where property development on a larger scale is proposed integrated with the operational building such as at Azadpur, attempt is also being made to involve developers in constructing the operational station structures also, and thus participating in metro construction. For each development, competitive bids are invited after insertion of newspaper advertisements.

(2) Each tender is included in DMRC’s website under 'Latest Tenders'. Bid documents can also be downloaded from the Website.

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