Delhi Metro Turns to leasing of property

Delhi metro has found profitable use for its property and has significantly gained financially from leasing its property in the capital.Accounts of the last financial year reveals that delhi metro earned over Rs.296 crores from leasing of property while its earning from Metro rail traffic has been Rs.113 crores. ... read more
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4 comments:

  1. landacquisitionJune 29, 2009 at 10:40 AM

    is it true

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  2. AnonymousJune 30, 2009 at 3:10 AM

    296 crores ??? what a big amount

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  3. UnknownJune 30, 2009 at 3:46 AM

    New Delhi, Jul 20: An ASSOCHAM study projected earnings of Delhi Metro Rail Corporation (DMRC) to go up nearly 200 per cent to a whopping Rs 2,100 crore by 2011, with the revenue streams being generated by traffic of the order of Rs 700 crore and additional incomes being garnered by letting out space for advertising, ATMs, and restaurants.
    http://news.oneindia.in/2008/07/20/dmrc-a-great-revenue-model-not-just-popular-peoples-transport-1216544497.html

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  4. AnonymousJuly 14, 2009 at 12:24 AM

    In May 2007 I read in a newspaper that a court had awarded a land loser 40 lakhs in place of what he got as a compensation of ~ rs. 2 lakh. Do you have any info about it? I forgot which newspaper it was, though I usually read TOI & ET. I mentioned about this in a comment at this page

    http://indiatogether.org/interact/2007/itr-000522.html

    "I read in a newspaper last week that a person was given less then Rs 2 lakh compensation by Delhi Metro Rail Corporation on aquiring his land for Delhi Metro Rail project. He went to the court and after correct assessment the compensation was decided more than Rs. 40 lakh by the court!!! "


    Please help if u have any info on it.


    -Gaurav Singhal.

    http://gauravsinghal2.blogspot.com

    ReplyDelete