National Buildings Construction Corporation Ltd (NBCC) is planning townships in Alwar, Gurgaon, and Khekra (near Delhi-Saharanpur Highway) in the coming 3 months, said Anoop Kumar Mittal, CMD of the PSU.
It will consist of 500-1,000 affordable housing units, he added.
NBCC has land in Patna, Jaipur, Alwar, Ghaziabad, Faridabad, Lucknow, among others, Mittal said, the sale for which will start after November.
He was speaking on the sidelines of the inauguration of Construction & Demolition Waste Recycling Plant installed by NBCC at its project site of redevelopment of East Kidwai Nagar in the Capital on Saturday.
The plant would save transportation cost of C&D waste material, besides reducing the material required for the project. It can process 150 tonnes of C&D waste a day, which in turn shall produce 30,000 bricks/kerb stone and shall be used in the construction of the project.
“With this plant, we expect to save Rs 3 crore on transporting and recycling waste and another Rs 6-7 crore as the recycled product will be 30 per cent cheaper,” Mittal said.
The East Kidwai Nagar redevelopment scheme involves construction of approximately 4,747 houses in place of existing 2,444. The total plot area of the project is 86 acres.