The South Delhi Municipal Corporation (SDMC)has decided to allocate a portion of municipal land in Vasant Kunj to the Delhi Metro Rail Corporation (DMRC) for the construction of the Phase 4 Metro station, officials in the know of the matter said Wednesday.
A proposal for allocating the land was cleared by the civic body by the house in a meeting held on Wednesday. Leader of the house Inderjeet Sehrawat said the Metro Phase 4 segment, from Saket to Aerocity, is a crucial infrastructure project and the corporation has decided to provide municipal land in public interest.
“If this pocket was not made available, the DMRC would have had to change the alignment of the line. The land will be provided on a no profit, no loss basis,” he said. The civic body will charge DMRC at the rate of ₹5.73 crore per acre, the proposal cleared by the house stated.
