Overview
- The New Delhi Municipal Council has invited bids to appoint transaction advisors to prepare a public‑private partnership plan for Super Bazar and other central‑Delhi sites, a step the civic body announced on Wednesday.
- Appointed advisors will inspect the building’s structural condition, test whether the existing 1966 Super Bazar can be reused or must be demolished, and recommend the highest‑value commercial use for the site.
- NDMC has set a procurement timetable that includes a deadline for clarification requests on November 10, a pre‑bid meeting on November 13, and proposal submission with technical bid opening on December 1.
- The council estimates the advisor fee for Super Bazar at ₹2.25 crore and expects the advisor to complete initial assessment, valuation and bidding documents in about 33 weeks before selecting a developer.
- The Super Bazar work is one part of a portfolio plan that also targets Khan Market, Akbar Bhawan and SBS/Gole Market for redevelopment to expand modern retail and parking and to raise regular non‑tax revenue, with final decisions to follow the advisors’ reports.