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Background | Property Development works undertaken | Advertising | Future Implementation | Organisation
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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.
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| Kashmiri Gate Station |
Rajiv Chowk Station |
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| 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.
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| 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.
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| 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.
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| '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 |
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Start |
End |
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| 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 |
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