Published On:March 5 2015
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NBCC, DDA sign pact for first smart sub-city in East Delhi.
National Building Construction Corporation Ltd. (NBCC) and Delhi Development Authority (DDA) recently signed an MoU for the first smart sub-city to come up at Karkardooma in East Delhi.
The 30-hectare DDA land will be developed by NBCC as the first transit oriented development (TOD) smart city in Delhi -- 'East Delhi Hub Project'.
'The sub-city will be pedestrian-friendly, integrated by multiple modes of transport, walk to work concept, reducing the need to travel for daily needs,' an NBCC official said.
The project, to be developed at a cost of around Rs. 2,500-3,000 crore, will include 4,800 houses, 80,000 sq m of retail space, a 5 acre park, apart from a laser park and a circular skywalk.
HBL