₹15,200 crore GPRA redevelopment and new metro corridors launched by PM Modi in Delhi

Prime Minister Narendra Modi on Sunday inaugurated 2,722 newly built flats and laid the foundation stone for 6,632 additional flats along with multiple projects worth ₹15,200 crore under the General Pool Residential Accommodation (GPRA) redevelopment plan in Delhi.

The initiative forms part of a major housing and infrastructure push in the national capital.

The Government of India is redeveloping seven ageing government housing colonies in Delhi through an innovative self financing model that does not require funding from the public exchequer.

The redevelopment project covers Sarojini Nagar, Netaji Nagar, Nauroji Nagar, Kasturba Nagar, Thyagraj Nagar, Sriniwaspuri and Mohammadpur, spread across about 537 acres.

Many of the existing quarters in these colonies had become old and structurally unsafe, with nearly 40 per cent declared uninhabitable.

The project aims to address the shortage of more than 20,000 houses for central government employees by replacing the old low rise buildings with modern high rise residential complexes.

Once completed, the redevelopment will provide more than 21,000 new residential units along with upgraded infrastructure and public facilities.

According to officials, around 69.41 acres, about 12.9 per cent of the total project area, will be monetised for commercial and residential use to finance the redevelopment.

The revenue from this limited land monetisation is expected to generate over ₹35,100 crore, which will cover the estimated redevelopment cost of around ₹32,800 crore.

Officials said the entire project will be completed without burdening the government budget and also has the potential to generate a surplus of more than ₹2,300 crore for the government.

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The Prime Minister, on March 8, will also inaugurate and lay the foundation stone of Delhi Metro projects worth about ₹18,300 crore.

He will inaugurate two new corridors of the Delhi Metro including the Majlis Park-Maujpur Babarpur corridor on the Pink Line of around 12.3 km and the Deepali Chowk-Majlis Park corridor on the Magenta Line of around 9.9 km.

The new connectivity will benefit several areas of Delhi including Burari, Jagatpur-Wazirabad, Khajuri Khas, Bhajanpura, Yamuna Vihar, Madhuban Chowk, Haiderpur Badli Mor, Bhalaswa and Majlis Park among others.

He will also lay the foundation stone for three new corridors under Phase V-A of the Delhi Metro covering a route length of around 16.10 km.

The three new corridors are R.K. Ashram Marg to Indraprastha, Aerocity to Indira Gandhi Airport Terminal-1 and Tughlakabad to Kalindi Kunj.

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These corridors will provide direct connectivity to several important locations in the national capital and improve connectivity for residents travelling between Noida, South Delhi and the airport.

Meanwhile, Prime Minister Modi extended his greetings to the nation on International Women's Day and paid tribute to the strength, determination and achievements of India's Nari Shakti.

“Across every field, women are shaping India's progress with determination, creativity and unmatched zeal. Their achievements inspire our nation and strengthen our collective resolve to build a Viksit Bharat,” PM Modi added in his post.

“Empowerment of women is at the core of our various schemes and initiatives. We remain committed to creating opportunities that enable every woman to realise her full potential and contribute to India's journey of development,” the PM said.

"The achievements of India's Nari Shakti are a source of pride and a powerful reminder of the transformative role in nation building. As India progresses further, the aspirations and contributions of women will continue to guide our collective journey towards a strong and prosperous nation," the post read.

Droupadi Murmu, the President of India, also extended her wishes to the nation on the occasion and said that educated and empowered women are the pillars of a progressive nation.

In a post on X, she emphasised that as women continue to excel across diverse fields and lead with courage, they strengthen the foundations of a more inclusive and prosperous society.

"Warm greetings to all on International Women's Day! Educated and empowered women are the pillars of a progressive nation. As Nari Shakti continues to excel across diverse fields and lead with courage, it strengthens the foundations of a more inclusive and prosperous society," said President Murmu.

She further reaffirmed a collective commitment to building a society where every woman gets equal opportunities to grow and live with freedom and dignity.

"On this occasion, let us reaffirm our collective commitment to building a society where every woman has equal opportunities to grow and live with dignity, safety and freedom. Together, let us create an environment where the aspirations and achievements of women shape a more equitable future," added President Murmu.

International Women's Day, observed globally on March 8, celebrates the achievements, leadership and contributions of women across all spheres of life and reaffirms the collective commitment towards gender equality, safety, dignity and empowerment.

Meanwhile, Delhi BJP President Virendra Sachdeva also extended greetings on the occasion and paid tribute to women for their contributions to society.

Speaking to ANI, Sachdeva said, "On the occasion of International Women's Day today, I congratulate everyone. It is fortunate for Delhi that Prime Minister Modi will flag off two new metro projects, and, apart from this, he is also laying the foundation stone of five new schemes."

He also expressed hope for India's victory in the T20 cricket final against New Zealand later in the day.

(With inputs from ANI)