MCD hands over parking sites to transport dept | delhi | Hindustan Times
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MCD hands over parking sites to transport dept

delhi Updated: Apr 19, 2011 23:26 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Municipal Corporation of Delhi has decided to hand over the parking sites at Kushak Nalla and Sunheri Nalla to Delhi government's transport department for an expected annual revenue of Rs 16.82 crore, payable by the latter.

The two sites were built to accommodate vehicles of sports enthusiasts visiting the Jawaharlal Nehru stadium and Thyagaraj stadium during the 2010 Commonwealth Games. The Delhi government now plans to use these sites to park the corporate-run private buses.

The annual revenue payable in respect of parking site at Kushak Nalla (on southern side of Jawaharlal Nehru Stadium) covering an area of 57,000 sqm is Rs 9.58 crore while that of Sunhari Nalla (from CGO culvert to Lala Lajpat Rai Marg) covering an area of 43,000 sqm is Rs 7.24 crore, Deep Mathur, MCD’s director (press and information), said in a release here on Tuesday.

MCD said the term of allotment of the two parking sites — constructed at a cost of Rs 321 crore — shall be nine years and will be renewed every year, with an enhancement in the fee, depending on the wholesale price index.
“We have asked the transport department to deposit the advance annual revenue of Rs 16.82 crore within 10 days from today to enable us to proceed further for formal allotment of parking sites,” Mathur said.