Latest news with #NoticeInvitingTender
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Business Standard
4 days ago
- Business
- Business Standard
South Delhi plots up for grabs? DDA to auction prime land in Vasant Kunj
The Delhi Development Authority (DDA) has initiated a plan to auction 118 residential plots in the upscale Sector D-6 of Vasant Kunj, South Delhi—a move aimed at meeting growing demand for plotted housing in the capital's premier zones. To ensure auction-ready quality, the authority has floated a tender to appoint an agency to execute plot demarcation and comprehensive infrastructure development valued at Rs 7.5 crore. Scope of Infrastructure Development The allottee agency will undertake a full suite of foundational work over 12 months (with an initial 3-month design and approval phase, followed by 9 months of execution), covering: Precise demarcation of all 118 plots Construction of internal roads, stormwater drainage, sewerage systems, water supply networks Footpaths, green belts, and connectivity to existing manholes Clearing and mechanical disposal of debris Strict adherence to CPWD guidelines and National Green Tribunal norms—including tree safety and minimal vegetation loss—will be maintained throughout Parking Enhancements for D6 Mega Housing Beyond plots, the development package also includes a two-level deck parking facility and expanded surface parking to serve the adjacent D6 Mega Housing complex, which comprises roughly 1,904 flats. These measures aim to tackle chronic parking congestion in the area. In the said work, the DDA will also develop surface parking of Ganga, Yamuna, Narmada and Saraswati blocks of Sector D6 Vasant Kunj Mega Housing. Why Vasant Kunj Plots Are a Rare Opportunity Prime location in South Delhi — Vasant Kunj is an affluent, well-developed neighbourhood close to the airport, premium malls, green belts and top schools Availability of freehold plots here is extremely limited, making these a premium offering. The DDA's ₹7.5 crore development plan includes roads, drainage, sewerage, water supply, footpaths, green spaces and a two-level deck parking for 1,904 flats Timeline & Auction Mechanics Following infrastructure completion, the plots will be offered through an e-auction platform. Plot sizes and base pricing have not yet been disclosed; interested buyers are advised to monitor forthcoming DDA notices closely. According to the Notice Inviting Tender (NIT), the entire project is to be completed within 12 months from the date the tender is awarded. "The maximum time allowed for planning and design, including vetting by the competent authority, is three months. The actual execution of work must be completed within nine months from the date of allotment," the tender document states. Financial Considerations for Buyers 1. Auction Price & Budgeting As of now, plot sizes and base prices haven't been disclosed. Keep an eye out for the DDA's e-auction notice—it will outline starting bids and eligibility criteria, often based on past rates in upscale areas like this (expect ₹100K+ per sq ft, though exact figures can vary). 2. Development Cost Recoup Timing The ₹7.5 crore development outlay is borne by DDA, not the buyer—but infrastructure value will reflect in plot premiums. Historically, well-developed plots in premium localities retain value and appreciate steadily. 3. Liquidity & Investment Model Plot auctions can be illiquid initially; resale depends on demand. If you're purchasing to build, factor in construction costs, permits, GST, and time. If it's for resale investment, monitor market trends post-infrastructure completion. 4. Financing & Eligibility Financing through housing loans may not always cover plot purchases—banks often require borrowers to have existing DDA plot eligibility and sometimes impose different LTV ratios. Check with your bank before bidding. 5. Taxes & Holding Costs Budget for stamp duty, registration charges, and annual property tax.
Time of India
6 days ago
- Business
- Time of India
DDA to auction residential plots in Vasant Kunj area
NEW DELHI: The Delhi Development Authority ( DDA ) is planning to offer residential plots in the posh Vasant Kunj area in south Delhi. The authority has issued a tender to hire a professional agency for the planning and demarcation of 118 plots in sector D6 -Vasant Kunj. The scope also includes the development of roads, sewage systems, and water infrastructure. These plots will later be auctioned by the DDA. According to the Notice Inviting Tender (NIT), the entire project is to be completed within 12 months from the date the tender is awarded. "The maximum time allowed for planning and design, including vetting by the competent authority, is three months. The actual execution of work must be completed within nine months from the date of allotment," the tender document states. The selected agency will also be responsible for planning and designing footpaths and green spaces within the area. "Additionally, the work will include connecting new drainage and sewer lines to existing manholes and disposing of construction debris and waste materials using mechanical means, including loading, transporting, and dumping," the tender added. The project will cost around Rs 7.5 crore and will be done as per the laid down guidelines of Central Public Works Department and National Green Tribunal's norms.
Hindustan Times
08-05-2025
- General
- Hindustan Times
South Delhi faces waterlogging threat as drain cleaning remains behind schedule
New Delhi South Delhi may be set for a repeat of waterlogging this monsoon, as three key drains — the Kushak drain and supplementary Sunehripul and Defence Colony drains — are yet to be desilted. The process may not be completed by the arrival of monsoon, typically the last week of June, according to an affidavit submitted by the Municipal Corporation of Delhi to the National Green Tribunal (NGT) earlier this week. In its affidavit dated May 5, the MCD said efforts were being made to desilt the covered portion of all three drains, with progress varied for each drain. It said work on the 1.4-kilometre-long Sunehripul drain — which flows along Defence Colony and underneath Lala Lajpat Rai Marg before joining Barapullah drain — will be executed by the Delhi Metro Rail Corporation (DMRC), as decided by the lieutenant governor (LG) in a recent meeting, but desilting work was yet to begin. 'DMRC is to carry out the covered modification in the covered portion of drain and desilt it from the inlet at Dayal Singh College up to Lala Lajpat Rai Marg using appropriate methodology. As per the said direction, the chairman NDMC has already been formally requested to release the funds to the DMRC to enable the latter to take up the work,' it said in the affidavit, a copy of which was accessed by HT. 'The exact design contours of the work will be finalized by the DMRC,' it added. Last week, NGT sought clear timelines from the MCD on when the desilting of the three south Delhi drains would be completed. It also asked the MCD to disclose the safety measures it will put in place after desilting, to ensure that the opening in the covered portion does not lead to an accident or emission of foul smell. The three drains extend to around nearly 10km in length and traverse south Delhi neighbourhoods of Defence Colony, INA, Chirag Dilli, Nizamuddin, Jangpura, Pushp Vihar, Andrewsganj and Greater Kailash, among others. In the affidavit, the MCD said work on the 6.5-km-long Kushak drain, which empties into the Barapullah drain, can only commence once work on the Sunehripul drain is complete. Here, nearly a one-kilometre-long stretch near the Kushak bus depot is covered, requiring intervention. 'That work on covered portion of Kushak drain having the DTC bus depot shall be taken up only upon stabilization and assessment of the work at Sunehripul as mentioned above,' MCD said in the affidavit. Further, MCD said that around 1.3 kilometres of the 1.6-kilometre-long Defence Colony drain, a subsidiary of the Kushak drain, is covered. The civic agency said it planned to complete the longitudinal opening and desilting of the entire covered portion within 120 days, from the date of the award of work. 'The Notice Inviting Tender (NIT) has been issued and bids shall be received on May 10, 2025,' the affidavit said, adding that a 50-metre stretch has been opened so far. It said directions were issued to engineers-in-charge to target completing work on the opening and desilting a substantial portion of it by June 30, to curb waterlogging. Generally, June 27 is considered the normal date of onset of monsoon in Delhi. The NGT has been hearing multiple pleas filed on Delhi's stormwater drains, with petitions from residents of Nizamuddin West, Defence Colony and Shahdara, among others across the city, seeking action against the sewage flowing through the Capital's drains. Multiple pleas pointed out that sewage flow caused foul smell and waterlogging during monsoon. Last year, large parts of the Capital were waterlogged, largely owing to a lack of adequate desilting work. All drains in Delhi were eventually handed over to the irrigation and flood control (I&FC) department to reduce the multiplicity of agencies in the desilting exercise. However, I&FC in March this year expressed concerns over desilting the covered portions of Kushak and Sunehripul drains. A month prior, the NGT said it was crucial to undertake desilting on time to avoid waterlogging. The initial deadline set to desilt all drains in Delhi, set by the I&FC is May 31, which is likely to be missed too.
Time of India
27-04-2025
- Business
- Time of India
No bids for 3 rounds due to Naxal threat: Govt to HC on bridge delay
Raipur: In response to delay in constructing a bridge over Chintavagu River in Bijapur, the state govt has informed the Chhattisgarh High Court that contractors are least interested in undertaking construction work in highly Naxal-affected districts of Bijapur, Sukma, and Narayanpur in the state. In a previous order, the high court had asked the Bijapur collector to file a personal affidavit regarding the construction of a bridge over the Chintavagu River. Now, in the affidavit submitted to the high court, the collector stated that these districts are heavily affected by Naxal activities, which is deterring contractors from participating in any construction in the region. The collector further said that 3 rounds of bidding for the bridge were held from Nov to Feb but no contractors came forward until the fourth round in March wherein one contractor submitted a bid but a technical bid is yet to be opened. The state govt, in its submission, also informed the court that it decided on April 1, 2025, to execute sanctioned construction work through the 'Zila Nirman Samiti' if this reluctance of contractors continues and they do not recieve any bids from them. The Samiti is authorised to carry out works up to Rs 10 crore in the district. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo The High Court, hearing a Suo Moto public interest litigation, had directed the Bijapur collector on March 10, 2025, to file a personal affidavit detailing the response to the third call for tenders (Notice Inviting Tender - NIT). The Bijapur collector's affidavit acknowledged the necessity of a bridge over the Chintavagu River and stated that a request was made to the Public Works Department (PWD). Administrative approval of Rs 787.66 lakh for the bridge construction on the Gorella-Minnur route was granted on Oct 18, 2024. The proposal was included in the 2024-25 budget as well, it stated. Then, the chief engineer, PWD, Bridge Zone, accorded administrative approval for the work on Oct 24, 2024, the collector submitted. NITs were subsequently issued on Nov 22 and Dec 27, 2024, and Feb 28, 2025, but no contractors came forward due to the 'Naxal deterrent'. A fourth call for tenders was issued on March 28, 2025, and one contractor submitted a bid. The technical bid is yet to be opened. The district collector informed the court that if the fourth call is unsuccessful, the bridge construction will be undertaken by the Zila Nirman Samiti, as per the order dated April 1, 2025. Advocate general Prafull N. Bharat told the division bench of Chief Justice Ramesh Sinha and Justice Arvind Kumar Verma during a recent hearing that the third round of the tender process was completed without any bidders, and the fourth call was issued on March 28, 2025. If there are no participants this time, the Zila Nirman Samiti will initiate the bridge construction, he said.
Time of India
27-04-2025
- Business
- Time of India
Naxal threat deterrent: Contractors reluctant to work in Chhattisgarh's conflict zones, govt says
RAIPUR: The Chhattisgarh government has informed the High Court that contractors are least interested in undertaking construction work in the highly Naxal-affected districts of Bijapur, Sukma, and Narayanpur. In a personal affidavit submitted to the High Court, the Bijapur Collector stated that these districts are heavily affected by Naxal activities, deterring contractors from participating in any construction. The affidavit was filed in response to a previous High Court order regarding the construction of a bridge over the Chintavagu river in Bijapur. The state government, in its submission, informed the court that it had decided on April 1, 2025, to execute sanctioned construction work through the "Zila Nirman Samiti" in light of this reluctance. The Samiti is authorized to carry out works up to Rs 10 crore in the district. The High Court, hearing a Suo Moto Public Interest Litigation, had directed the Bijapur Collector on March 10, 2025, to file a personal affidavit detailing the response to the third call for tenders (Notice Inviting Tender - NIT). The Bijapur Collector's affidavit acknowledged the necessity of a bridge over the Chintavagu river and stated that a request was made to the Public Works Department (PWD). Administrative approval of Rs 787.66 lakh for the bridge construction on the Gorella-Minnur route was granted on October 18, 2024. The proposal was included in the 2024-25 budget. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo The Chief Engineer, PWD, Bridge Zone, accorded administrative approval for the work on October 24, 2024, the Collector submitted. NITs were subsequently issued on November 22 and December 27, 2024, and February 28, 2025, but no contractors came forward. A fourth call for tenders was issued on March 28, 2025, and one contractor submitted a bid. The technical bid is yet to be opened. The District Collector informed the court that if the fourth call is unsuccessful, the bridge construction will be undertaken by the Zila Nirman Samiti, as per the order dated April 1, 2025. Advocate General Prafull N. Bharat told the Division Bench of Chief Justice Ramesh Sinha and Justice Arvind Kumar Verma during a recent hearing that the third round of the tender process was completed without any bidders, and the fourth call was issued on March 28, 2025. If there are no participants this time, the Zila Nirman Samiti will initiate the bridge construction, he said.
