Nagpur, June 23
With the state government relaxing restrictions, Maha Metro has floated tenders to go in for parking and commercial development. The most ambitious project is the parking-cum-commercial Complex, opposite Yeshwant Stadium, Dhantoli. The permitted height is 88 meter and hence it will be a 25-storied building. It will be developed on Public Private Partnership (PPP) basis.
The complex will be connected to Sitabuldi Interchange Metro station by a Foot Over Bridge (FOB). The operator will be given a period of 4 years for construction and the concession period will be 60 years including the construction period.
The operator will have to provide parking slots for four-wheelers, two-wheelers and bicycles in the complex as mandated by development control rules (DCR). In addition, he will have to provide an extra parking space for 100 cars and 100 two-wheelers.
The land area is 19,890 square meter and the use is commercial. The permissible floor to space index (FSI) is 2.5 but can go up to 4.0 under transit oriented development (TOD) policy, subject to payment of a premium. The private operator will have to spare 15% of the land as open space. The maximum constructed area possible on this site is 5.25 lakh sq feet.