“In place of the existing old and dilapidated 12,970 dwelling units with a built-up area of 7.49 lakh square metre; 25,667 new houses with a total built-up area of 29.18 lakh square metre will be constructed. (Express Photo by Prem Nath Pandey) The Ministry of Urban Development presently has more than 60,000 houses in Delhi. The Ministry of Urban Development presently has more than 60,000 houses in Delhi. Io meet the investment needs, NBCC has been allowed to sell commercial space of 8.07 lakh square metre in Nauroji Nagar and Sarojini Nagar on freehold basis through e-auction. The residential colonies in Sarojini Nagar, Nauroji Nagar and Netaji Nagar will be redeveloped by the National Building Construction Corporation (NBCC) and those in Kasturba Nagar, Thygaraj Nagar, Srinivaspuri and Mohammadpur will be redeveloped by the CPWD.

Source: Indian Express July 06, 2016 00:28 UTC