Friday, 28 February 2020

Delhi Metro to build flats in Janakpuri and Okhla

Updated: July 28, 2016 11:49 am

The builder of Delhi’s lifeline will build homes for the city’s residents, too. The Delhi Metro Rail Corporation (DMRC), which gave the national capital its most efficient mode of public transport, will build 443 flats near the Metro stations in Okhla and Janakpuri. These flats are likely to cost between Rs 80 lakh and Rs 1.2 crore, depending on the size that will range from 900 square feet to 1,300 square feet. “We have identified two plots.  In Okhla, we plan to construct 93 flats and 350 in Janakpuri. The project will have 2BHK and 3BHK flats, and be delivered within two years,” a senior DMRC official said. The DMRC flats will be cheaper. In Okhla, the market rate for a 1,250sq-ft apartment built by the Delhi Development Authority is around Rs 1.5 crore. A similar flat in Janakpuri fetches Rs 1.2 crore.

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