Delhi University East Campus soon; INR 930 Cr loan approved

Delhi University is set to initiate construction projects in Najafgarh and Dwarka for academic buildings, with budgets of INR 100 crore and INR 95 crore, respectively.

The University of Delhi is all set to establish its East Campus in the next two years. The varsity’s request for a HEFA loan of INR 930 crore has received approval for various development projects, including work for the East Delhi campus. DU had previously announced expansion plans and had submitted a proposal to the Central government to secure funding for the construction of the campus. These plans include the development of East and West campuses to launch more courses and establish a center for law. At present, it has two campuses, North and South.

According to a university official, the construction of DU's East Delhi Campus is likely to be completed within two years once the work commences. The official said that an academic building in Surajmal Vihar, intended for use as the university's East Campus, will be constructed at a cost of INR 120 crore. Construction is scheduled to begin within the next three to six months.

HEFA and DU to sign MoU

A Detailed Project Report (DPR) will be submitted to start construction on the new campus, according to DU's finance office, which made this announcement following a meeting with HEFA on Thursday. To release the funds, HEFA and the university will sign a Memorandum of Understanding (MoU) after the approval of the DPR.

Delhi University is set to initiate construction projects in Najafgarh and Dwarka for academic buildings, with budgets of INR 100 crore and INR 95 crore, respectively. It also has plans to construct multiple academic blocks at the Delhi School of Economics with a budget of INR 201 crore. Furthermore, there are plans to develop studio apartments for students in Dhaka, located in northwest Delhi, at a cost of INR 161 crore.

Of the borrowed amount, approximately INR 195.62 crore will be allocated for the construction of the Faculty of Technology building, which is already underway and is likely to be completed by October 2024, according to university officials.

Read More:

• GIM Admission 2023 begins @gim.ac.in; Check eligibility criteria, selection process here