📋 Tender Overview
Scope :
develop a satellite township at Rakh Gund Aksha, Bemina in Srinagar. at an estimated cost of Rs 15,000 crore.
NBCC will take on the role as project management and marketing consultant from ‘concept to commissioning’. The project site spread over approx. 406 acres is adjacent to the upcoming Medi City and High Court Complex. The project, scheduled for completion over five years, will be developed in phases. It will feature residential plots, luxury villas, apartments, office spaces, an indoor sports centre and a 200-key five-star resort equipped with modern facilities and amenities. It will aim to achieve GRIHA or IGBC certification, ensuring high standards of sustainability and environmental performance.
Additionally, the project will incorporate approx. 3,200 affordable housing units, each with an area of 45 sq. mtrs. Upon completion, the project will serve as the new town centre for Srinagar residents and a major attraction for tourists. Moreover, the development cost, site infrastructure, and affordable housing funding will rely on revenue generated from the sale of villas, commercial spaces and other components.
