Categories: Business

MCD to rent out its office building complex in East Delhi’s Karkardooma

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The Municipal Company of Delhi will lease out its newly constructed workplace complicated in Karkardooma to authorities departments and businesses, PSUs and others for 30 years for use as workplace areas, in keeping with an official assertion issued on Sunday.

The state-of-the-art workplace complicated, positioned within the Karkardooma Institutional space, contains three blocks — A, B, and C — and is constructed over 22,918 sq metre. All three blocks are able to be leased out by the company, the assertion mentioned.

Amongst them, Block A has floor + 5 flooring with a carpet space of 17,480 sq ft whereas Block B has basement + 5 flooring with a carpet space of twenty-two,391 sq ft. Block C is a 12-storey constructing having a carpet space of greater than 1 lakh sq ft.

The calculated carpet space is unique of basements. Block B has one basement whereas Block C has two basements, having ample parking facility, the assertion mentioned.

Based on the assertion, the workplace complicated is provided with all trendy facilities like air-conditioning, energy backup, firefighting programs and CCTV surveillance other than a 190 KLD sewerage remedy plant.

The civic physique has proposed to lease workplace areas to Central/State authorities departments or Public Sector Undertakings (PSUs) for a interval of 30 years.

The company lately accredited the minimal lease of the workplace complicated at Rs 115 per sq ft with enhancement on the charge of seven per cent each year on compounding foundation — 21 per cent on the finish of each three years.

A number of central authorities departments have expressed their curiosity for workplace area on the complicated, in keeping with the assertion.

The civic physique can be writing to different central authorities departments/PSUs/state authorities relating to availability of workplace area at Karkardooma Institutional Space, it mentioned.

The civic physique will signal a lease settlement with the federal government division/ company/ PSUs which provide the most effective charge over and above the ground charge of Rs 115 per sq ft fastened by the company, the assertion learn.

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Amirul

CEO OF THTBITS.com, sharing my insights with people who have the same thoughts gave me the opportunity to express what I believe in and make changes in the world.