NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, has signed two separate Memorandum of Understanding (MoU) with the Delhi Development Authority (DDA) for the comprehensive redevelopment of DDA Staff Quarters located at Old Rajinder Nagar (ORN) and Safdarjung Development Area (SDA), New Delhi. The redevelopment has been approved by DDA under the provisions of MPD-2021 and the Policy for Redevelopment Schemes and will be implemented on a self-sustainable model. The MoUs were signed by Kunal Kashyap, Commissioner (Housing), DDA and Anil Kumar, CGM(Engg.) in the august presence of Shri N. Saravana Kumar, Vice Chairman, DDA and K P Mahadevaswamy, CMD, senior officers from DDA and NBCC also graced the occasion.

The MoUs entail the development of Built-up Area of 1.66 lakh sq. mtrs. approximately in both the projects at a total project cost of close to Rs 775 Crore (excl.GST) (ORN – 1 lakh sq. mtrs/Rs. 438 Crore and SDA- 66 thousand sq. mtrs/ Rs. 337 Crore respectively). The envisaged BUA remains tentative and shall be finalized after detailed survey and approval of the Detailed Project Report (DPR). Currently, 117 dwelling units at Old Rajinder Nagar and 152 dwelling units at Safdarjung Development Area are being utilized as staff quarters by DDA. Considering the age and condition of these structures, both the projects envisage modern, well-planned redevelopment with upgraded infrastructure.

NBCC shall act as Project Management Consultant and Implementing Agency for execution of the projects from concept to commissioning. The redevelopment will follow a self-sustainable model wherein a portion of the developed Built-Up Area will be sold through a transparent process, and the proceeds will be utilized to finance the project, while the remaining built-up area, as decided by DDA, will be handed over for staff use.

NBCC’s scope of work will include comprehensive master planning of approximately 4 hectares at each location, preparation of DPR with detailed cost and revenue models, obtaining statutory approvals in compliance with MPD-2021 and CPWD norms, detailed architectural and engineering design, tendering and EPC-based construction, third-party quality audits, and completion and commissioning of the projects. The development is proposed to be completed in a phased manner within a period of three years from obtaining statutory approvals and handing over of encumbrance-free land.

N Saravana Kumar, Vice Chairman, DDA describing the agreement as a one-of-its-kind of MoU and expressed confidence that NBCC (India) Limited will create a new benchmark by delivering world-class architecture and state-of-the-art amenities across Delhi.

Speaking on the occasion, CMD, NBCC stated that the signing of the MoUs mark an important step towards sustainable urban redevelopment and optimization of valuable land assets in the national capital. He expressed confidence that the projects at Old Rajinder Nagar and Safdarjung Development Area will create modern residential ecosystems while maintaining financial prudence through a structured self-sustaining model.

The signing of these MoUs reflects the continued collaboration between two premier public sector institutions under the Ministry of Housing and Urban Affairs and underscores a shared commitment towards structured urban regeneration and modernization of housing infrastructure in New Delhi.