3rd ring road: DDA to hand over 125 acres

NHAI To Mon­e­tise Land Parcels For 3,200cr

The Times of India (New Delhi edition) - - Times City - Sid­hartha Roy & Di­pak Dash

New Delhi: Delhi De­vel­op­ment Au­thor­ity (DDA) will hand over nearly 125 acres along the up­com­ing ur­ban ex­ten­sion road-II to the Na­tional High­ways Au­thor­ity of In­dia (NHAI) to tide over the fund re­quire­ment to com­plete the cru­cial road project.

NHAI will be al­lowed to mon­e­tise the land parcels to gen­er­ate about Rs 3,200 crore, which it had sought from DDA to build the road.

UER-II is touted as Delhi’s third ring road and has been in the pipe­line for al­most a decade. The nearly 80km-long road will start from NH-1near Narela, cross NH-10 through Ro­hini and Dwarka, touch NH-8 near Ra­jokri and end on NH-2. The project was handed over to NHAI by DDA as it was felt that the high­ways au­thor­ity was bet­ter equipped to han­dle work of such scale.

NHAI of­fi­cials said once DDA gives details of the land parcels, they will carry out an as­sess­ment whether mon­eti­sa­tion or com­mer­cial ex­ploita­tion of the lands will be enough to gen­er­ate the re­quired fund for the project. DDA has fol­lowed sim­i­lar model even for Delhi Metro when it gave land to DMRC for com­mer­cial ex­ploita­tion to fund the projects.

“NHAI could have gone for tolling on the road, but they felt it would not work in the city. We feel it could have worked partly, but they needed Rs 5,000 crore for the project, for which they needed some in­put from some other source,” DDA vice chair­man Tarun Kapoor said. He added that lieu­tenant gov­er­nor Anil Bai­jal had sug­gested to NHAI that they can be pro­vided some land in­stead, which they can mon­e­tise. “The land pro­vided to them near the road will go up in value af­ter com­ple­tion of the stretch and they will be able to mon­e­tise the land then,” Kapoor added.

In the Delhi Master Plan-2021, two ur­ban ex­ten­sion roads were pro­posed. The ma­jor prob­lem UER-II project faced was land ac­qui­si­tion, par­tic­u­larly near Mundka, Na­jaf­garh, Dichaon Kalan and Kan­jhawla. The work was started by DDA. The sec­ond prob­lem the au­thor­ity faced was largescale en­croach­ment on land through which the road has to pass. DDA has man­aged to re­move most of these en­croach­ments and it’s now keen that work should start quickly to avoid fur­ther en­croach­ments.

Once com­pleted, the project prom­ises to ease con­ges­tion on many ar­te­rial roads of Delhi as peo­ple com­ing from north and north­west Delhi would have di­rect ac­cess to south Delhi and the Indira Gandhi In­ter­na­tional Air­port.

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