Why DDA is not renovating old government buildings and residential bungalows?
Q: There are many century-old government buildings and residential bungalows in New Delhi which are fading away.. I had been there a couple of days ago and I was surprised to see their state. Why are they not being renovated? I believe that they can be transformed into better structures if the govt plans about it properly?
Rockefeller-ready residence once leased by the Mexican ambassador is now on the market for more than $100 million. Other nearby houses are going for $40 million to $70 million. Anyways, it is not easy to find such properties as there is hardly any formal announcement. The prices usually circulate by word of mouth. Transactions often involve black money or bribery to avoid huge taxes involved.
Abhijit, some of such old heritage bungalows in Delhi are 38 Amrita Shergil Marg, 13 Prithviraj Road, Mexican residence, and others. 38 Amrita Shergil Marg was bid at $29 million and the house 13 Prithviraj Road was priced at $110 million.
Hi Sindhu & Dhiraj, u would be surprised to know that some of the heritage buildings which were built in European style are being sold at highest prices in the world.. We should be proud of those old structures, annyways they were built during British rule..