Tag: Sarojini Nagar

CommercialLatest Stories

NBCC sells ₹5,779 crore commercial space in Sarojini Nagar

NEW DELHI: NBCC has successfully completed the e-auction of commercial built-up space available on freehold basis at Bharat Business Park (BBP), Sarojini Nagar, New Delhi. A total of approximately 23.44 lakh sq ft of super built-up area was offered across eight towers. The auction generated a total sales value of about ₹5,779 crore, which reflects the highest bid rates for approximately 14 lakh sq ft auctioned across five towers. The average sale rate recorded during this e-auction was ₹41,207 per sq ft, marking an increase of ₹2,107 per sq ft (5% over the reserve price). The proceeds from this e-auction…

InfrastructureLatest Stories

Delhi Fire Dept. Requests Revised Plan for GPRA Colony

NEW DELHI: The Delhi Fire Services (DFS) has denied approval for building plans concerning the General Pool Residential Accommodation (GPRA) colony in Sarojini Nagar due to significant violations of the National Building Code (NBC). Officials indicated that the project developer must address the identified issues and present revised plans. The Sarojini Nagar GPRA initiative is part of a broader redevelopment plan encompassing seven government colonies in south Delhi, designed for both residential and mixed-use purposes. The fire department’s findings highlighted multiple issues concerning building accessibility, fire exits, hydrant placements, and the width of escape routes. “The proposal could not be…