The Delhi Metro Rail Corporation (DMRC) will monetise about two lakh sq ft at Karkarduma and Anand Vihar Metro stations in a bid to increase revenue.
DMRC has invited tenders for leasing of approximately 9,563 sq mtr area at Karkarduma Metro station of Pink Line for commercial development. The successful bidder will be offered the space for 15 years.
The Karkarduma station is an interchange station between Blue and Pink Lines of the Delhi Metro network. The station lies in proximity of the Karkarduma District Court Complex.
DMRC has planned commercial development at Karkarduma station along with operating facilities for commuters.
The space on first, second and third floor of the station is proposed to be leased out for specified purposes like retail, organised commercial space, office space and banks. The project site has an excellent opportunity to become an important commercial hub within this locality.
With a separate access being available for commercial areas and parking space, prominent and spacious frontage, and a captive commuter base, this area will present unique opportunities for retailers.
The corporation has approximately 8,600 sq mtr area at Anand Vihar Metro station of Blue Line. The station is located in area having huge transport hub with Metro connectivity of Pink and Blue Line, Railway and ISBT.
The area has been divided by DMRC in two packages with Package-1 for area of 1,130 sq mtr at concourse level and Package-2 for area of 7,470 sq mtr at ground level and first floor level.
The tender for Package-1 has already been invited. Tender for Package-2 is scheduled to be invited in November 2020.
Both the areas at Karkarduma and Anand Vihar will be leased for a lease period of 15 years and rent-free moratorium period ranging from six months to 12 months.
