The Chandigarh administration is coming up with a modern multi-floor shopping centre in Sector 50. The administration has earmarked 8.67 acres land. The cost of the project, including land price and construction, has been worked out at nearly Rs 350 crore.
In view of the recommendations made in the draft Master Plan 2031, the urban and town planning department has come up with the concept based on large floor plates with flexibility of usage of interior space, integrated services with underground parking and state-of-the-art services.
Sources said that at this floor area ratio, more than 200 SCOs could be taken out from the area. There will be an underground parking. The shopping centre would have shop-cum-offices (SCO), shop-cum-flats (SCF) and booths and its planning and execution would be done on patter n of shopping malls. Like other moder n malls, the proposed shopping centre would have a food court on the top floor.
To take feedback from stakeholders, a meeting with the representatives of Chandigarh Beopar Mandal (CBM) was held on April 17 under the chairmanship of UT finance secretary Sarvjit Singh. UT chief architect Sumit Kaur said the department had prepared the designs of the shopping centre and wants to consult all stakeholders.
LOCAL TRADERS TO FORM CONSORTIUM
The CBM has decided to form a consortium of the local traders- both big and small - to ensure that the property is acquired only by the city-based traders. Vinod Joshi, a leading city-based architect and CBM building bylaws panel chairman, said that they will write to all the local traders to join the consortium and will rope in a bank for those interested in acquiring commercial space in the proposed centre.