Logo
Govt of India
Logo
bg
bg
bg

 

Iconic Gole Market in Delhi to finally get a facelift by 2017

06 Sep 2016

download (1)NEW DELHI: The Iconic Gole Market in Delhi to finally get a facelift by 2017. The New Delhi Municipal Council (NDMC) has given its nod to a rebuilding project for the colonial-era building in central Delhi.

NDMC chairman Naresh Kumar is certain that the redesign work, which had been in limbo for 10 years, will be started soon. He told TOI that the board had appointed an advisor and approved its design. "There were legal issues that continued delaying the project. However, we have resolved them and appointed an advisor. After fixing the final budget, we will float a tender," said Kumar.

NDMC had evicted many retailers when the Gole Market redevelopment arrangement was conceived in 2006. This led to a controversy and legal disputes. In 2013, the Supreme Court passed a request to support NDMC requesting it to provide an alternative site to the shopkeepers and restore the old market.

Developed in 1921, the building stood the trial of time till NDMC declared it unsafe in 2007. Over the previous decade, it has turned into an eyesore with paint and the plasters flaking off the walls. So much so that a few branches of a Peepal tree and shrubs have grown on the walls of the main building. Cracks have developed on the staircase and danger is lurking around every corner of the structure. Kumar said the market required immediate attention and that NDMC would ensure that the revival work is over by the first half of 2017.

Many individuals feel nostalgic seeing the octagonal building. It is one of the major tourist attractions in the city. "We are attempting to reestablish its old charm. We don't want to do any major alteration. The heritage building will house a museum, along with an art gallery, to showcase Delhi's history," he added.

As a major aspect of its beautification drive, NDMC has been promoting public art for the past one year. The proposed gallery at Gole Market will showcase snapshots of public art created across the country. "In Connaught Place, we have put up some works, which have received good response. Similarly, we have a project to beautify the subways," Kumar said. "There will be a cafeteria at Gole Market where tourists and art connoisseurs will be able to unwind," said Kumar.

However, traders are not happy with NDMC's decision to turn the market into a museum. Narayan Shamnani, president of Gole Market Merchants' Association, said that the council had been planning to revive the market for the past decade but it had failed to come up with a detailed plan.

"Several shopkeepers were thrown out and they lost their livelihood. Although the council gave them an alternative site, shopkeepers have turned down the offer. The market used to attract many tourists in the past, but now it is in a pathetic condition. Mounds of garbage and malba are dumped on its premises and NDMC has done nothing to keep the area clean," said Shamnani. "Gole Market is one of the oldest colonial markets in the capital and it should remain a market. I don't see any point in turning it into a museum."

According to the traders' association, there is little scope to develop any museum in the market in the absence of parking space. NDMC has to devise a proper traffic plan before implementing the project, shop-owners said.

"The traffic condition is really bad and NDMC must come up with a solution before initiating the work," said S K Anand, vice-president of the traders' association.

Taking a cue from European countries, NDMC has planned to develop pelican crossings near this market instead of subways. "The architecture is quite old and subways are not an option. NDMC will beautify the area by developing gardens and putting up public art," Kumar asserted.

 
By Sanjay Bansal | Founder & CEO | Affordable Homes India

Lotus Homz sec 111

Discuss on this Topic

Lotus Homz sec 111

Latest Real Estate News


The Financial Express: Co-living the next real estate goldmine, market potential worth $93 billion: Study. 14 Feb 2019
What co-working is doing to business centres through collaborative and flexible work environment, co-living aims to do to PGs and hostels for stude Read More
Indiabulls Real Estate buys 140 acre land in Gurugram 01 Nov 2018
Indiabulls Real Estate recently reported a 23 per cent increase in its consolidated net profit at Rs 75.91 crore for the quarter ended September 30 Read More
Warehousing brings cheer to Gurugram’s real estate sector 11 Sep 2018
The warehousing segment may lack the charisma that a posh residential property may boast of but currently it is driving the real estate market in r Read More
Transfer EWS homes to housing board, builders told 11 Sep 2018
GURUGRAM: The state government has directed all developers to transfer their inventory of EWS houses to the state housing board in a bid to make th Read More
Realtors in Delhi may sell dreams on land they don't have 09 Sep 2018
Now that the policy is official, real estate experts worry that more builders may try their luck at shortchanging potential buyers and offering the Read More
Apathy floors affordable home aspirants 24 Jul 2018
While the sound bites on affordable homes is through the roof, things have not got off the floor Many Indians face untold hardships due to lack Read More
Final hurdle on Dwarka e-way off, to be ready by March 2018 13 Jan 2017
New Delhi: The Northern Peripheral Road, the 24-km long 8-laned expressway awaiting completion since 2012, seems to be finally on the home stretch Read More

Trending News


DLF could look at tweaking residential business model post notification of RERA rules 01 Sep 2016
NEW DELHI: Real estate firm DLF is waiting for the final rules under the real estate regulatory act to be told to perceive how it can change its plan Read More
Five things that matter for Home Loan Applicants 12 May 2015
1. Applicants Age and Income Banks look beyond your salary and age. "Home loan eligibility is calculated on the basis of the income of the applica Read More
Pradhan Mantri Awas Yojana - Helping Indians Own Their Dream Home 30 Dec 2016
  A place that you can call your own, where you come back as the day ends and relax to rejuvenate for the next day having a roof over your h Read More
Supreme Court asks DLF to hand over flats at Panchkula by November 27 Aug 2016
NEW DELHI: Supreme Court today requested that DLF hand over flats to around 50 purchasers, who booked them in its housing project at Panchkula in Read More
Huda starts work to complete remaining portion of Southern Peripheral Road 05 Sep 2016
GURGAON: HUDA starts work to complete remaining portion of SPR (Southern Peripheral Road)on Saturday by removing structures from Rambir Ki Dhani. The Read More
Builders owe Noida over Rs 7,000 crore in land payments 10 Sep 2016
NOIDA: A day after TOI reported almost all real estate companies operating in Greater Noida have defaulted Rs 2,809 crore in dues against land allotte Read More
Haryana FM agrees to fix limit of VAT to 1% in real estate 15 Sep 2016
GURGAON: In a recently held NAREDCO 13th Nation Convention at New Delhi, Captain Abhimanyu, Haryana FM agrees to fix limit of VAT to 1% in real Estate Read More

Zara Rossa

Shree Vardhman Green Court

Pareena Laxmi Sec 99

Lotus Homz Affordable Housing

Value Added Services

 

Government Housing Scheme

 

Banking

  • Prime Minister Awas Yojana
  • Prime Minister Awas Yojana ( Gramin )
  • Samajwadi Awas Yojana
  • Deen Dayal Jan Awas Yojana
  • Mukhya Mantri Awas Yojna Rajasthan
  • Affordable Housing Policy 2013
  • Smart Cities Mission
  • DDA Land Pooling Policy 2018

Banking Partners

 

HDFC

  • Corporation Bank
  • HDFC
  • IDBI Bank
  • LIC Housing Finance
  • Oriential Bank of Commerce
  • Reliance Home Finance
  • Bank of Baroda
  • SBI Home Loan
  • ICICI Bank Home Loan
  • India Bulls Home Loan
  • Axis Bank
  • PNB Housing Finance