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COMMONWEALTH GAMES 2010 News
 
Commonwealth Games Home
COMMONWEALTH GAMES 2010 News Archives»

No developer for Games Village yet
July 01, 2007

Work on the Commonwealth Games village is delayed yet again with the Delhi Development Authority extending the deadline for finalizing the developer for the fourth time.

The Authority was to announce the developer for the residential project near Akshardham temple on June 20, but on Monday it postponed it to June 28 because the sole bidder for the project wanted some clarifications.

The Games village will house about 8,500 athletes and delegates expected to participate in the 2010 Commonwealth Games.

Emaar PJSC, the Dubai-based realty firm and the sole developer to submit the technical and financial bids for the project, had a feew issues related to height restriction of the proposed residential facility.

"We had also sought some clarification from them as to how they will implement the project," said a DDA official.

Now DDA will had over the letter of intent to the selected project developer by July 5 after the bidder has submitted some advance money. The developer will have to make the final payment to DDA by September 5.

The Games village project has been embroiled in controversy from the word go. DDA first had to extend the deadline because none of the 11 private developers who were short-listed by DDA in February submitted bids. On June 15, only two of them submitted their bids for the project. But only the bid submitted by Emaar PJSC was complete.

Source: Hindustan Times

 
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