Housing: MoD proposal to Finance Ministry calls for 70000 units

The NBCC had auctioned a portion of land located in  South Delhi, and the money generated from auction was utilised in raising the houses and the associated infrastructures, added the officer.

Published: 23rd October 2019 08:03 AM  |   Last Updated: 23rd October 2019 08:03 AM   |  A+A-

homebuyers, real estate, realty

Representational image (Illustration | Amit Bandre)

Express News Service

NEW DELHI: Facing an acute shortage of accommodation for its married personnel in armed forces, the Ministry of Defence (MoD) has sent a proposal to its finance counterpart for construction of 70,450 dwelling units.

The MoD is hopeful that the proposal will be approved soon. “A proposal to get 70,450 dwelling units constructed through the National Building Construction Corporation (NBCC) was  sent to the Finance Ministry. It is based on a similar model which the NBCC followed when it developed New Moti Bagh,” a senior MoD official told this newspaper.  

The NBCC had auctioned a portion of land located in  South Delhi, and the money generated from auction was utilised in raising the houses and the associated infrastructures, added the officer.
Sources in the MoD informed that an ongoing restructuring of a land pool in Delhi can help in the construction of 3,900 housing units.

The dwelling units will be covered under the Married Accommodation Project. Under this project, the  MoD is to construct 1,98,881 dwelling units in four phases for providing adequate residential/married accommodation for defence personnel at an estimated cost of `17,357.97 crore.

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