DDA, NBCC join hands to build Delhi's first 100-storey building.

The National Buildings Construction Corporation (NBCC) is planning to construct the Capital's first 100-storey building in Karkardooma, East Delhi, over the next three to four years.

While DDA recently awarded 75 acres of land in Karkardooma to NBCC for joint development, the state-owned developer is now in the process of laying down its plan for the “East Delhi Hub” project that will be based on the Transit Oriented Development (TOD) norms and 'smart city' principles.

'There is a proposal to construct one iconic tower having more than 100 storeys, among other buildings,' said a source privy to the development.

Expected to be built at a cost of Rs. 2,500 crore, the project will provide housing to 3,000-4,000 families and will also have commercial and recreational areas.

Having received the Letter of Intent from DDA regarding the joint development, NBCC is in the process of preparing the MoU. 'DDA awarded the land to us for joint development a few weeks back and we would be ready with the design over the next two-three months. We plan to complete the project over the next three years,' said Anoop Kumar Mittal, CMD, NBCC.


THE INDIAN EXPRESS