NBCC to prepare redevelopment plan for DTC depot and colonies | Economic Times

New Delhi: State-run NBCC (India) Ltd will prepare the monetisation plan for land parcels of Delhi Transport Corporation (DTC). NBCC will act as project management consultant for the development of land parcels, development of multi level bus parking depots, development of DTCs residential colonies and more commercial facilities.According to a senior NBCC official, DTC board has approved a collaboration with NBCC for developing 4 of its prime land parcels for developing 2 multi-level bus depots and 2 residential colonies. Delhi Transport Corporation (DTC) has 36 depots, 18 terminals, 2 workshops and 3 residential colonies at prime locations in Delhi.In the first phase, NBCC will redevelop Shadipur residential colony, Vasant Vihar depot, Hari Nagar residential colony and Hari Nagar depot. According to officials, around 200 acres of depot space is required to accommodate the DTC and cluster buses in Delhi. However, they have just 10 acres of usable land.