Last updated: 29 February 2024
Redevelopment of main Delhi markets one of the key initiatives of Delhi's Rozgar budget of 2022-23
Gandhi Nagar market is 1st to undergo a complete makeover
AAP Govt wants to make Gandhi Nagar the destination for fast and affordable fashion through this makeover
24 Feb 2024: Process of hiring a consultant for doing a feasibility study initiated
- Project execution agency will be MCD
- Project to cost ₹162 crore and will be financed by the Delhi government
¶ Gandhi Nagar market
Gandhi Nagar market seeing over ₹100 crore in daily sales
- Home to 25,000 stores and 10,000 domestic production facilities
- Market offers about 3 lakh direct and 6 lakh indirect job opportunities
- Over the past few years, due to inadequate infrastructure, the turnover of the market has been dropping
Renovation to additionally concentrate on the improvement of 2 MCD primary schools in the area
Proposed plan includes:
- Redevelopment of arterial and internal roads
- Plan also includes provisions for informative signboards and street furniture
- Drainage improvement
- A multi-level car parking area
- Site near the existing C&D plant identified for the multi-level car parking
- Six public toilets and two community toilets
- Fire management system
- Public transport such as e-carts
- To make local transit easier, e-rickshaws and golf carts to be available from nearby Metro stations and parking lots
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