DDA's first project based on Transit Oriented Development (TOD) model will be finalized next week. The project will come up around existing Karkardooma Metro station and will be spread over 75 acres. DDA may sign a MoU with National Buildings Construction Corporation (NBCC) to build the 'East Delhi Hub'. A 100-storey Signature Tower too is part of the project. The estimated cost of the project is around Rs. 2,500 crore.
Extracted from TNN, Feb 23,’15