Question : AUCTION OF SHOPS NO

(a) whether Delhi Metro proposes to auction shops at stations; and

(b) if so, the details thereof and the revenue likely to be generated as a result thereof?

THE MINISTER OF STATE IN THE MINISTRY OF URBAN DEVELOPMENT (SHRIMATI DEEPA DASMUNSHI)

(a):Yes, Madam.

(b):Delhi Metro Rail Corporation Ltd. (DMRC) is carrying out licensing of built up shops through open auction held at a regular interval. Shops, which remain vacant after the auction, are also allotted on proposal basis after its financial evaluation by the appropriate authority.

Survey and market assessment of vacant shops has already been undertaken and thereafter the auction of vacant shops will be taken up by DMRC. Actual revenue generation of the shops can be calculated only after the completion of the allotment process.