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The government on Tuesday said Delhi Metro can acquire land for property development also. “Delhi Metro Rail Corporation Ltd (DMRC) has the right to use the land acquired for the project for property development also,” the Union Minister of State for Urban Development, Mr Saugata Roy, told Lok Sabha in response to a query.
“Three hectares of land were acquired by DMRC under the Land Acquisition Act, 1894 from a private party for Viswavidyalaya Metro Station. Out of this, two hectares have been leased out to M/s Young Builders for residential development,” he said.
Mr Roy said DMRC had informed the developer that he must plan his development strictly as per approvals from the Delhi Development Authority (DDA) and other civic authorities.
Responding to another query, Mr Roy said DMRC had given some land pockets on lease for commercial use to private parties.
“The land pockets were given on lease/concession through open tenders. In cases, where no responses were received to tenders, the leasing was done through negotiation,” Mr Roy said.
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