Private Citizens may be able to buy luxury
apartments and commercial offices in the upmarket government colonies in the
South Delhi and center of the urban. NBCC, the public sector national building Construction
Corporation has directed to redevelop government colonies, considering selling or leasing some parts of Kasturba Nagar, Netaji Nagar and Tyagaraj
Nagar, according to a senior official. In the current times, the capital city,
Delhi has thirty colonies covering 1100 hectares or lavish land for housing sector
mixed ranks of government officials. The government planning is to redevelop
these residential colonies, most of which are very old.
The healthy
demand for these commercial offices and luxury apartments from government bodies
and PSUs could get soaked. The alternative option is to raise the money for top
quality construction would be to sell or rent to the public sector, “A senior urban
development ministry official. The residential colonies are developed under the
ministry of urban development in various parts of the urban and providing the
funds generated by renting the commercial office and luxury flats for thirty
years to public sector undertakings and other government bodies. It is very
good news for the citizens of Delhi, a capital city that redeveloped government
colonies in Delhi provide luxury homes and commercial offices to public sector.
The citizens of the city can buy luxury apartments and commercial offices for
residential as well as commercial purposes.
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