AIIMS Delhi Redevelopment: NBCC sells commercial space in South Delhi for Rs 273 crore

New Delhi: NBCC (India) Ltd has e-auctioned about 61,000 square feet of commercial area in South Delhi for Rs 273 crore for constructing residential units for the faculty and staff of the All India Institute of Medical Sciences (AIIMS) New Delhi.

The property is located at Ayurvigyan Nagar, South Delhi. The amount will be used for the construction of housing for the faculty and staff members of AIIMS Delhi.

The transaction is valued at Rs 272.68 crore, it added.

This commercial space is part of the ambitious redevelopment project spearheaded by NBCC for the All India Institute of Medical Sciences (AIIMS) Delhi.

As per a media report in the Business Standard, The proceeds from the sale will be utilized for constructing residences for AIIMS Delhi faculty and staff. The project, known as Grande Rue, offers parking for 150 cars across 3 levels of basement and comprises ground and 3 storeys of commercial space. Centrally located in the prime area of South Delhi, it features good connectivity and is nestled within the city's business hub.

Medical Dialogues team had earlier reported that Prime Minister Narendra Modi virtually inaugurated the 960-bed All India Institute of Medical Sciences (AIIMS) Kalyani in West Bengal’s Nadia district. West Bengal Governor CV Ananda Bose and Union ministers Sarbananda Sonowal, Santanu Thakur, Subhas Sarkar, Nishit Pramanik and John Barla attended the inauguration event from the AIIMS campus. AIIMS Kalyani, the OPD of which has been operational since 2019, is spread over 179.8 acres of land and currently serves around 2,000 patients daily.

The institute has already inducted around 500 MBBS and 200 nursing students and also started postgraduate and para-medical training initiatives.