Delhi Metro Rail Corporation Ltd. (DMRC)

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II. Property Development works undertaken:

Licensing of kiosks, refreshment stalls etc. inside stations

Food outlets, ATMs, Tea, Coffee and cold drink kiosks etc are being set up inside concourses, depending on requirements, at most of the MRTS stations. Kiosks are of approx 5-10 sqm size and are let out on basis of open tenders to licensees for periods of 6-12 yrs. This is being done progressively and has been substantially completed at stations in Delhi MRTS Phase-I. This will be continued in stations to be set up in Phase-II project also, as and when different sections are progressively opened to traffic.

Kashmiri Gate Station Rajiv Chowk Station

Inderlok Metro Station Rajiv Chowk Station

Licensing of commercial outlets inside stations

Larger developments including shopping malls are also being set up through developers on license basis for periods up to 12 yrs inside station buildings having larger concourses. Examples of these are at Inderlok, Netaji Subhash Place, Kashmiri Gate etc. It is proposed to continue this progressively at other stations also where feasible, in MRTS Stations on Phase I routes and the same will be continued in MRTS Phase-II Project.

Inderlok Metro Station Netaji Subhash Place

Concessions for commercial / residential developments

On lands pockets available after meeting operational requirements of MRTS & Car parking requirements of commuters, some residential and commercial developments have been set up through developers, selected through open competitive bidding after advertisements in newspapers, on basis of "Concession" for upto 30 years. Such developments have been carried out outside Shahdara and Inderlok stations, and are in progress at other locations also such as Khyber Pass, Welcome, NS Place etc. It is proposed to progressively carry out more such developments in MRTS Phase-II project also. Such pockets are being made over to developers on 30 yrs concession basis, at the end of which the properties would revert to DMRC.

Inderlok Annexe Parsvnath Mall Shahdara

Shastri Park I T Park

DMRC has through its own resources set up an I T Park at Shastri Park. This has been approved by Govt of India as a Sector specific SEZ. The total plot area is 12 ha. One block of 30,000 sqm floor area was completed in 2005 and another one similar size has been completed recently. These are being rented out to ITES operators. The 1st Block, at present employing over 3000 persons, is a centrally air conditioned building with considerable degree of automation with a Building Management System, 100% Power back up etc. It is proposed to construct additional such buildings on this 12 ha plot of land progressively in the future and operate it as an I T Specific SEZ.

'Block - I' 'Block - II'

Concession Agreements made by DMRC

Sl. No.	Title of the Project	Name & address of the developer	Date of start of Processing	Period of lease		Nature of development
				Start	End
1	Shahdara Commercial complex	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph: - 011 23310198	07/112004	15.03.2005	14.03.2035	Commercial
2	Commercial Development of plot at Welcome	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph : - 011 23310198	14/03/2005	07.07.2006	06.07.2036	Commercial
3	Commercial Development of plot at Seelampur	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi – 1 Ph : - 011 23310198	14/03/2005	08.10.2005	07.10.2035	Commercial
4	Commercial Development of plot at Pratap Nagar	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph : - 011 23310198	15/11/2004	15.04.2005	14.04.2035	Commercial
5	Commercial development at Inderlok (Annexe)	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph : - 011 23310198	12/12/2003	01.10.2004	30.09.2034	Commercial
6	Commercial Development at Khyber pass	Ms MGF developments Pvt Ltd. MGF house, Asaf Ali Road New Delhi - 1 011-3275420	11/12/2002	25.09.2003	24.09.2053	Commercial
7	Azadpur (integrated Property development with MRTS Station)	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph : - 011 23310198	13.03.2006	20.07.2006	19.07.2036	Commercial
8	Games Village (integrated Property development with MRTS Station)	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road, New Delhi - 1 Ph : - 011 23310198	29.08.2006	20.09.2007	19.09.2037	Commercial
9	Commercial Development at Khayala	Pacific Development Corporation Ltd. Pacific PLOT NO: - 1 3rd floor Site IV, Dr Burman Road Sahibabad, Industrial Area, Ghaziabad, U.P. Ph : - 0120 3012301, 2774154	04/08/2005	22.03.2007	21.03.2037	Commercial

Lease Agreements made by DMRC

Sl. No.	Title of the Project	Name & address of the developer	Date of start of Processing	Period of lease		Nature of development
1	Residential development one portion of Khyber pass depot.	M/s Parsvnath Developers Ltd 6th Floor, Arunanchal Building, 19 Barakhambha Road New Delhi - 1 Ph : - 011 23310198	11/11/2003	01.05.2004	30.04.2103	Residential
2	Residential Development at Rithala	M/s A.P. Real Estate Plot No :- 28 Pocket C-8, Sector-7 Rohini Delhi - 85 Ph : - 011-27933478	07/05/2005	29.12.2005	28.12.2095	Residential
3	Residential Development at Subhas Nagar	M/s Parsvnath Developers Ltd. 6th Floor, Arunanchal Building, 19 Barakhambha Road New Delhi - 1 Ph:- 011 23310198	30.09.2005	24.04.2006	23.04.2096	Residential
4	Residential Development at Dwarka Morh	M/s Uppal Housing Pvt Ltd, S-39 / A, Panchsheel Park New Delhi	14/10/2005	19/05/2006	18.05.2096	Residential

List of PD projects undertaken by DMRC (at its own cost)

Sl. No.	Location	Nature of Development	Execution Start	Execution Complete
1	Shahdara Shopping Complex	Commercial	Jan 2002	March2005
2	IT Park 'Block' - 1 Shastri Park	Commercial	Dec 2003	March 2005
3	IT Park 'Block' - 2 Shastri Park	Commercial	Nov 2005	Nearing Completion