MEMORANDUM OF UNDERSTANDING BY AND BETWEEN MINISTRY OF URBAN DEVELOPMENT GOVERNMENT OF INDIA AND NBCC (INDIA) LTD (A GOVERNMENT OF INDIA ENTERPRISE) FOR REDEVELOPMENT OF NAUROJI NAGAR, NETAJI NAGAR AND SAROJINI NAGAR GPRA COLONIES, NEW DELHI 25" OCTOBER, 2016MEMORANDUM OF UNDERSTANDING MADE ON THIS 25" DAY OF OCTOBER, 2016 BY AND BETWEEN THE MINISTRY OF URBAN DEVELOPMENT (hereinafter called “MoUD” which expression shall unless by or repugnant to the context be deemed to include its successors and assigns), acting through its Secretary (UD) on behalf’ of President of India, of the ONE PART. AND NBCC (INDIA) LIMITED under the aegis of the Ministry of Urban Development, Government of India, having its registered office at NBCC Bhawan, Lodhi Road, New Delhi — 110003 (hereinafter called “NBCC” which expression shall unless excluded by or repugnant to the context be deemed to include its successors in interest or business and permitted assigns) acting through its Chairman-cum-Managing Director of the SECOND PART. AND WHEREAS, there is an acute shortage of Government housing, especially in the National Capital Region (NCR) in various categories. Redevelopment of old Government housing colonies as per the latest Delhi Master Plan-2021 norms has been identified as one of the strategies to overcome this shortage. The augmentation of Government Housing stock, by redevelopment of old colonies, would not only replace the old dilapidated buildings with modern environment friendly houses, but also provides an opportunity for optimum utilization of land-a scarce resource, by applying a higher Floor Area Ratio (FAR) as permissible under the latest Master Plan norms. Accordingly, the Government of India has decided to redevelop the following three GPRA colonies through NBCC (India) Ltd.: A. Netaji Nagar: Netaji Nagar is located in South West Delhi and has a very good connectivity through Ring Road on the South, Africa Avenue Road on the East & Ring Rail on the North Side. The Colony has approximately 2772 Flats of Type-I to IV with local/Convenience shopping centers, NDMC markets, Schools, Dispensary, Community Centers, Religious Structures and master plan roads ete. B. — Sarojini Nagar: Sarojini Nagar is located on Northem Side of Ring Road & Southe Safdarjung Airport. The Colony has approximately 4687 Flats of TyppaNhiaiay i! Page 1of 15 7 Sywith local/Convenience shopping centers, NDMC markets, Schools, Dispensary, Community Centers, Religious Structures & Master Plan Roads ete. C. Nauroji Nagar: Nauroji Nagar is located on Southern Side of Ring Road opposite Bhikaji Cama Place. The Colony is having boundary as Kushak Nala from East corner to South west corner. The Colony has approximately 628 Flats of Type-Il&III with local/Convenience shopping centers, NDMC markets, Schools, Religious Structures etc. AND WHEREAS, the existing houses in the above stated three colonies will be replaced by approx. 15,510 new houses of Type-II to VI with supporting Social Infrastructure, 8.069 Lakhs Sqm Commercial Built up Areas in Nauroji Nagar & Sarojini Nagar and 2.42 Lakhs Sqm General Pool Office Accommodation (GPOA) in Netaji Nagar including South Asia Regional Training & Technical Assistance Centre (SARTAC) along with 100 capacity Hostel. WHEREAS NBCC had been appointed by the MoUD as the Executing/ Implementing agency for the “Redevelopment of Netaji Nagar, Sarojini Nagar & Nauroji Nagar” (hereinafter referred to as “the Project”) and the proposal was recommended by the Expenditure Finance Committee (EFC) in its meeting on 25" April, 2016 and approved by the Cabinet in its meeting held on 05" July, 2016. Subsequent to Cabinet approval, a Letter of Intent (LOD) F. No. O-17034/62/2016- PS dated 22.07.2016 has been issued by the MoUD to NBCC in this respect and accordingly this detailed Memorandum of Understanding (MOU) is being signed by the aforesaid parties. NOW THIS MOU WITNESSETH AS FOLLOWS: - 1.0 The terms and conditions of entrusting the project for redevelopment of Nauroji Nagar, Netaji Nagar and Sarojini Nagar to NBCC as Executing/ Implementing Agency on behalf of MoUD are as follow - NBCC will execute the construction of approximately 15,510 dwelling units of various categories, ie. from Type II to Type VI in Netaji Nagar and Sarojini Nagar in accordance with the approved redevelopment scheme. NBCC will execute construction of approx. 2.42 lakh sq. mtrs office space for General Pool Office Accommodation (GPOA) in Netaji Nagar. NBCC will execute the construction of approx. 2.16 lakh sqm. supporting social infrastructure in Sarojini Nagar, Nauroji Nagar and Netaji Nagar. NBCC will execute the constructiot of approx. 8.07 lakh sqm. commercial Built Page 2 of 15.(BUA) in Nauroji Nagar (2.97 lakh sqm) and parts of Sarojini Nagar (5.09 lakh sqm). 1.2 The re-development project would utilize the higher Floor Area Ratio (FAR) permissible under MPD-2021. proposed dwelling units along with BUA are given as under: I. Netaji Nagar - (Table 1) The colony-wise details of existing and Type Existing Proposed Number Unit Areal Total Plinth Sqm | Area (sqm) Number Sqm Unit | Total Proposed Area | Plinth Area (sqm) 2) Residential (General Pool Residential Ac .commodation) I 1,369 46.8 64,069.20 I 1,107 56.25 62,268.75 1,480 70 1,03,600 Tt 164 68.20 11,184.80 1,401 80 1,12,080. IV. 132 96.60 12,751.20 824 128 1,05,472 V 600 200.5 1,20,300. VI 550 268.5 1,47,675 | Total 2,772 1,50,273.95 4,855 5,89,127, ) Social Infrastructure 65,458 ¢) General Pool Office Accommodation. 2,42,811 Il. Sarojini Nagar - (Table 2) Type Existin; Proposed Number Unit Area| Sqm Total Plinth, Area (sqm) Number| Unit Area Sqm Total Proposed Plinth Area (sqm) 2) Residential (General Pool Residential Accommodati tion) 2,885 70 2,01,950 4,499 68.20 3,06,832, 2,880 80. 2,30,400 188 96.60 18,161 2,640 128 3,37,920 1,125 200.5 2,25,562 1,125 268.5 3,02,062 4,687 3,24,993 10,655 12,97,895 b) Social Infrastructure 1,44,210 c) Saleable Built up Area (Commercial) 5,09,900. Page 3 of 15IIL. Nauroji Nagar - (Table 3) Existin; Proposed Number | Unit Area [Total Plinth Unit | Total | Sqm /Area (sqm) Area Proposed Sqm | Plinth Area (sqm) 2) Residential(General Pool Residential Accommodation) nu | 448 57.96 25,970 Tm | 180 64.86 11,675 Total | 628 - 37,645 5) Social Infrastructure 6,000 ¢) Saleable Built up Area (Commercial) 297,000 Note (1): The actual number of houses may vary at the time of detailed designing/ planning and approval by the local statutory authorities. Note (2): The Social Infrastructure facilities to be developed may include the following- * Local Convenient Shopping centre/market * Banquet Hall/Community Centre © Creche/play schools * Primary and Sr. Secondary Schools Skill Development Centre * Post office ¢ Banks and ATMs * Dispensary/Hospital * Adequate parking facilities Neighbourhood Parks and play grounds * Public toilets (bio-degradable) * Solid and Liquid waste management facility + Any other Social Infrastructure as per the area specific requirement. Note (3): Construction of Government Pool Office Accommodation (GPOA) in Netaji Nagar shall include construction of South Asia Regional Training & Technical Assistance Centre (SARTAC) along with 100 capacity Hostel) and a separate office building block for the Ministry of Finance. 1.3 The total estimated cost of the project to be executed by NBCC, as per thespecifications and cost indices as on Ist April, 2015), which includes the cost of construction and maintenance for a period of 30 years. The cost estimate includes a provision of escalation @ 15% for the entire construction period i.e. from the date of start of construction (after approval of drawings by Statutory Authorities/Local Bodies and handing over of mostly hindrance free site) to completion. The cost estimate also includes a provision of 3% towards contingent/unforeseen expenditure during the period of construction, on account of statutory payments to various departments, legal payments, various investigations/surveys/studies etc. not covered in the cost estimate. The colony-wise break-up of the cost is given as follows: Colony-wise break up of estimated cost - (Table 4) S. No. | Name of the Colony | Estimated O&M costs for | Total | cost 30 years Estimated cost [Rs.in crores) | (Rs. in crores) _| (Rs.in crores) Nauroji 2,694 Nil 2,694 _Nagar(Commercial) | Netaji Nagar 5,466 | 1010 6,476 | Sarojini Nagar 8,583 2018 10,601 (Residential) Sarojini Nagar 4,911 Nil 4,911 (Commercial) _Total 21,654 3,028 24,682 The total cost of the project shall be met from free hold sale of commercial BUA in Nauroji Nagar (25 acres with BUA of 2,97,000 sqm), parts of Sarojini Nagar (42 acres with BUA of 5,09,900 sqm), and surplus Shops built as a part of Social Infrastructures in seven GPRA colonies executed by CPWD and NBCC, after keeping aside requisite number of shops for the existing allottees in all the colonies. The sale shall be conducted through transparent bidding system using e- auction with the condition that any future increase in FAR and redevelopment rights that may come about, shall remain with Government of India and the purchaser has only rights of the purchased freehold specific BUA. If the amount realized from sale is not enough to meet the cost of construction, maintenance costs for 30 years and NBCC’s investment with interest, then up to 10% of residential BUA is to be sold by NBCC on free hold basis for further revenue generation. However, sale of residential space may be avoided.1.10 1 1.12 NBCC shall invest up to Rs. 1,500 crore into the project from own funds, in hases, as and when required or as directed by the Capital Management Committee. NBCC is entitled to a fixed interest @ 12% per annum on their csvestment till it is returned. The investment along with interest shall be med by MoUD to NBCC from the amount realized through sale of commercial BUA. entire proceeds from saleable BUA shall be deposited in an Escrow sccount opened by the Ministry in a selected nationalized bank through scitation of an Expression of Interest (Eol)/Request for proposal (RFP) fom various banks. The Escrow Account shall be managed by the Capital Menagement Committee constituted by MoUD. CMC will devise @ format for operating the Escrow Account and institute a proper mechanism for its operation and audit of this account. ‘As the operationalization of Escrow ‘Account will take some time, the immediate fund requirement for undertaking preparatory activities for implementation of the project may be met from an Interim Escrow Account in a nationalized bank. The Interim Escrow ‘Account shall be operationalized on the lines of the Escrow Account opened for East Kidwai Nagar Redevelopment Project. NBCC will deposit the funds as initial investment into the Interim Escrow Account, on loan basis, as and when required or as directed by the CMC. The Interim Escrow Account shall be merged with the Escrow Account after its operationalization. The Capital Management Committee shall review the status of Escrow ‘Account on yearly basis, and determine the amount, acerued in excess of 20% above the total cost approved by the Cabinet for redevelopment of all the seven GPRA colonies, to be deposited in Consolidated Fund of India (CFD. NBCC shall be paid Project Management Charges (PMC) @ 8% of the approved/estimated cost or actual cost, whichever is less for redevelopment of areas by them. The agency charges and interest @ 12% per annum as cost of capital on investment are mutually exclusive to each other. In addition, 1% of the sale proceeds shall be payable to NBCC on account of expenditure towards appointment of real estate consultant, publicity, e- auction etc., of commercial and residential areas. ‘The Construction would be completed in a phased manner within a eriod of 5 years (outer limit), The date of commencement of constructi for Ss \f Pee sofas siredevelopment of each colony will be declared by CMC, after handing over of mostly hindrance-free land to NBCC, 1.13 NBCC shall maintain the buildings constructed by them in the following manner; - (i) Maintenance of GPRA & GPOA: -NBCC would be responsible to maintain the assets, services of the GPRA Colonies & GPOA including Social Infrastructure as well as special repairs for a period of 30 years. The expenditure on this account shall be met from Maintenance Corpus Fund (MCF) created for the purpose, The amount in MCF will be transferred from Escrow account, wherein sale proceeds shall be parked. For special repairs, a lump sum provision will be made as determined by Empowered Committee, MCF will be managed by Capital Management Committee (CMC) and every Year, @ percentage of MCF will be fixed for annual general maintenance & special repair of GPRA Colonies & GPOA including social infrastructures, on submission of a detailed proposal by NBCC. The power to incur expenditure shall be delegated to NBCC in respect of colonies developed by them. CMC should be approached only in case of additional works beyond the amount approved for annual general maintenance. Gi) Common & other services of saleable commercial built up area: The regular maintenance of salable built up area shall be on chargeable basis at the prevailing market rates in terms of per sft. area as mutually agreed & decided with the occupants / buyers. A sinking fund will be created from one-time lump sum payments from buyers for replacement of plant & equipment, special repairs and value additions during maintenance period. 1.14 The Empowered Committee (EC) under the chairmanship of Secretary (UD) would monitor the implementation of Project and accord necessary approvals for design, change in design with deviation up to 5% of the project cost, imposition of penalties and approval of MCF for maintenance and special repair for 30 years, 1.15 The EC is authorized to freeze the cost estimate for redevelopment of each GPRA colony based on updated cost indices published by CPWD as on the date of commencement of construction work for each colony as declared by the CMC. Any farther revision of cost due to escalation shall be governed by instructions issued by Government of India from time to time. qe iyCPWD Building Specifications and prevailing cost indices shall govern the quality and cost of construction. Any improvement/change will be considered and approved by the EC. {7 A Third Party Referee will be engaged by NBCC within the project cost to ‘ovide quality and safety assurance and conformity to specifications and other parameters. The milestones with respect to time schedules will be fixed for completion of project. For any delay, attributable to Project Management Consultant PMC), NBCC is liable to pay penalty at the rate of Rs. 5.00 per sq. feet per month on delayed uncompleted work, subject to overall limit of 10% of the ncy charges of NBCC. NBCC will incorporate advanced state of art technologies during construction, minimizing the pollution hazard, improving quality and reducing the overall completion timelines. They will award the works on EPC (Turnkey/Design & Build) contract, wherever possible. The design of the proposed residential accommodation, should keep in view elements/features of universal design so as to be user-friendly for Persons with Disabilities in respect of allotted accommodation or visiting dependents/telatives of allottees in these colonies. The commercial and office space to be developed should also have universal design and accessibility features for differently-abled persons. 2. Role of Ministry of Urban Development (MoUD): The following actions shall be undertaken by MoUD: 21 MoUD shall handover all the three Colonies mostly free from all encumbrance and encroachment. The encumbrance free land shall be handed over on “as it is where it is” basis after occupants of GPRA are relocated by Directorate of Estates (DoE), MoUD. 2.2 Necessary shifting of existing residents will be executed by the DoE in advance i.e. one month prior to start of work. NBCC shall inform DoE in writing of the existing buildings which are required to be evacuated six months in advance. 2.3 DoE shall be responsible for the allotment/handing over of shops to the existing allottees/shop keepers after completion of the project. Page 8 of 152.6 3. 3.2 33 3.4 DoE shall be responsible for handing over of the schools constructed as a part of redevelopment to the concemed authorities (NDMC/ Delhi Govt.) after completion. MoUD will facilitate the change of land use as per MPD 2021 norms to facilitate the construction of GPOA in Netaji Nagar and saleable commercial space in Sarojini Nagar, Nauroji Nagar and in social infrastructure to be developed in all seven colonies, if required. L&DO shall take action for relocation and rehabilitation of JJ Clusters, if any, existing in these colonies to alternative accommodations. They shall work out detailed rehabilitation and relocation plan, which may affect the progress of work, in advance. Role of Implementing Agency (NBCC): NBCC would be implementing the project from concept till commissioning and would be rendering all the services both for pre-constructional activities and post constructional activities as follows: Pre-constructional activities such as requisition from the client, approval of preliminary plans by client, preparation of preliminary estimate & approval, approvals from statutory bodies & local bodies, call of tender for appointment of agencies etc., for demolition of existing structures, obtaining all pre-construction clearances/approvals from respective authorities. Construction stage consists of obtaining approval for design/drawing of the layout plan, execution of work through contract management, supervision of work, periodical testing & commissioning, maintenance of all documents & records, handling disputes/litigation, if any, during construction stages, all audits by Government agencies, implementation of labour bye-laws and & others etc. Post construction activities consist of obtaining completion certificate from local bodies including fire clearance, handing over of the project on completion to the allottees/buyers, settlement of accounts, handling of disputes/litigation, if any, with the agencies/contractors engaged for the construction. NBCC shall use the land only for the purpose for which it has been|handed over and not for any other purpose. Page 9 of 15 aw35 NBCC shall execute the project only after getting building plans approved as Per the statutory requirements and after approval of design by the Empowered Committee. 3.6 NBCC shall obtain environmental clearance for the redevelopment work in three colonies assigned to them from SEIAA, Delhi. 3.7 NBCC shall incorporate green building features, rainwater harvesting system, energy efficient building structure, water conservation, sewage/effluent treatment/recycling/disposal, solid waste management including construction and demolition waste management, dedicated vehicle parking, green belt etc. 2s per conditions stipulated in environmental clearance. The construction and demolition waste shall be disposed of in accordance with the provisions of new Construction and Demolition Waste Management Rules, 2016. 3.8 The trees, if any, situated on the plot will be government property and shall not be removed without prior approval of the concerned statutory authority. 3.9 NBCC shall get the works executed and handover in a phased manner and workout various safeguards for delay in implementation of the project. ‘The time-lines for completion of construction work from the date of commencement of construction work as declared by CMC, shall be as follows: Timelines for construction (Table 5) S. [Phase Construction Activity Completion No. period |. | Phase—I'/ Construction of commercial BUA] 2,97,000 Sqm] 32 Months in Nauroji Nagar (approx.) 2. | Phase I] Construction of GPOA in Netaji | 2,42,811 Sqm| 48 Months Nagar (approx.) 3 | Phase “IIT | Construction of commercial BUA | 5,09,900 Sqm] 48 Months in Sarojini Nagar (approx.) 4 | Phase -IV | Construction of GPRA with 4855Nos | 48 Months Social Infrastructures in Netaji Nagar Construction of GPRA with 10655 Nos. Social Infrastructures in Sarojini Nagar / Page 10 of 153.10 The services and specialized works will be taken up by NBCC simultaneously, so that the entire project shall be functional in five years. The supervision of all the works shall be done by the NBCC, which shall strictly adhere to the quality norms applicable as per specifications, IS codes, National Building Codes etc. NBCC would be responsible for maintenance of the assets, services of the GPRA & GPOA including supporting social infrastructure (including special repairs) for a period of 30 years. The expenditure shall be met from the Maintenance Corpus Fund created from the sale proceeds. The regular maintenance of saleable built up area shall be done by NBCC on chargeable basis in terms of per sft. area at the prevailing market rates, as mutually agreed & decided with the occupants / buyers. NBCC shall handover the completed structures and services of GPRA complex & GPOA including Social Infrastructure facilities along with inventory of fixtures to the Ministry or any other nominated agency by the Ministry upon its completion. 3.15 NBCC shall not be liable to pay any property tax or other taxes, rents, charges, claims (past or future) in respect of properties developed for the project on the corresponding land. All the required approvals from the local bodies such as SEIAA, NDMC, DUAG, Delhi Fire Services, Airport Authority of India (AAD, National Monument Authority (NMA), MOEF, Tree cutting permission etc. will be obtained by NBCC. Assistance of MoUD may be sought where necessary and the same shall be provided forthwith to NBCC. 4. Remedial Measures for Noise Reduction A. During Planning: (While doing the zoning of the master plan for the proposed Redevelopment of all these colonies, care will be taken to expose minimum number of Residential blocks, either to Ring Road / Africa Avenue Road/ Brigadier Hoshiarpur Marg. The Zoning also Pm { Page 11 of 15Buffer Zone to the Residential Blocks. Gi) Adequate underground parking arrangements for the vehicles shall be made. B. During construction: (i) Machinery used for construction will be of highest standard of reputed make and will adhere to International standards and norms as applicable for Construction Equipment and machinery. ‘These standards itself take care of noise pollution control/ vibration control and air emission control. All plants and Machinery are proposed to be located in Acoustic enclosures and would be primarily located in the basements. i) During Demolition, 12 m temporary noise barrier will be made around the Construction Area, C. During Operation: @ To further prevent Noise disturbance to the buildings located adjacent to Aftica Avenue Road, Ring Road and Master plan road in Sarojini Nagar, a 6-9m wide Green Buffer Zone may be developed all along the Boundary Wall. Large dense trees at every 3m c/e will be planted in this Buffer Zone. All existing trees may be Preserved/replanted on the periphery to act as noise barriers, (ii) Dense bushes up to 2-3m high may be developed along all the Internal Roads so that noise generated from the traffic can be further controlled. (iii) The increase in traffic load will be taken into account to ensure free flow of traffic movement, by connecting inner roads and service lanes to arterial roads. 5. Other Terms and Conditions: Other terms and conditions of the Project are ther Terms and Conditions: | as under: 5.1 The CMC shall declare the date of commencement of work for each colony. The EC is authorized to freeze the cost estimate for each colony as on the date of commencement of construction work. ¥ pace 2 0f35 > VaTo finance the re-development scheme, the following saleable built up area is likely to be available to NBCC for commercial exploitation (i) Approx. 8.07 lakh sqm. commercial Built up area in Nauroji Nagar and parts of Sarojini Nagar; (ii) Surplus shops to be constructed by NBCC & CPWD as a part of Social Infrastructure in all the 07 colonies, after earmarking sufficient number of shops for existing allottees. (ii) Up to 10% of total residential area developed (only if needed). Note: The saleable area mentioned above are tentative, may be changed at the time of detailed working of saleable area after finalization of detailed drawings. 5.3 The saleable commercial and residential (if needed) areas for the revenue realization would have separate identity and clearly earmarked at the time of final urban planning of the entire project. Further, the detailed planning of the redevelopment colonies will seek to integrate the infrastructure requirements of the surrounding areas. Sale of commercial area should aim at giving maximum benefits to the Government, 5.4 NBCC shall provide a draft sale agreement to be executed between MoUD and buyers consisting detailed terms and conditions of sale. Later on, the relevant conditions will become part of the sale deed at the time of execution. 5.5 NBCC shall clearly specify in the sale deed that the purchaser has rights only on the specific BUA purchased by him and any future enhanced FAR including redevelopment rights (over land and built up spaces sold) that may come about in future, shall remain with Government of India and that the Government would have exclusive development rights over any enhanced FAR provided by the development control norms in future. 5.6 The Sale deed shall be signed between the land owning agency i.e, L&DO, MoUD and the buyer. The stamp duty and all other charges/expenses in connection with the sale deeds / documents of the space will exclusively be bome by space buyer on rates prevailing at the time of registration of the sale deed, 5.7 The entire proceeds from the salable built up areas will be deposited in the Escrow account. In addition, all income accrued from sale demolition om waste (bricks, iron, wood and ot Page 13 of 15,6.2 be deposited into the Escrow Account. The interest accrued thereon shall also be credited to the Escrow Account. NBCC shall open and maintain separate Books of Accounts for each colony to be redeveloped by them. NBCC shall submit quarterly returns of the physical and financial progress of the project to MoUD in the format prescribed by the CMC. The nominee of MoUD may at any time inspect the construction site/land and premises with prior notice. Refusal to allow inspection shall amount to violation of the terms calling for suitable action under the provision applicable. The ownership of GPRA and GPOA including social infrastructure shall continue to be with the Government of India and these shall be handed over to the Government after completion. The CMC shall review the status of Escrow Account on yearly basis, and determine the amount, accrued in excess of 20% over and above total estimated cost of the project for redevelopment of seven colonies as approved by the Cabinet, to be deposited in CFI. After completion and commissioning of the redevelopment project, any surplus funds available shall be deposited into the Consolidated Fund of India (CFD. Dispute Resolution and Arbitration In case of disputes or differences arising between MoUD and NBCC relating to any matter arising out of and/or connected to the terms of this MoU, whether during or after execution of the project, the same shall be settled amicably through mutual discussions and in case no solution is reached, the said dispute may be referred by either party to arbitration by one of the arbitrators in the Department of Public Enterprises to be nominated by the Secretary to the Government of India in charge of Bureau of Public Enterprises. The award of the arbitrator shall be binding on both the parties and the cost of arbitration shall be shared equally by the parties. In the event of y. party being aggrieved by such award, it may make reference for setti revision of such award to the Law Secretary, Department of 0 Page 14 of 15Ministry of Law and Justice, Government of India and its decision will be binding both finally and conclusively. That the MoU has been executed in duplicate. The first part will retain original one copy and one original copy will be handed over to the Second Part. In WITNESS WHEREOF the parties hereto have signed their hands on these presents, in the presence of witnesses on the day, month and year first above written, WITNESSES FOR MoUD CH 13 aed | Le Sereda : Lyra 0 $ers) WITNESSES FOR NBCC &. (area eastoat) Cam, eee uC wile (wo Oy) \ (Durga Shanker Mishra) Additional Secretary (UD) Ministry of Urban Development \ (Anoop it Chairman-cum-Mapaging Director ted NBCC(India) Lit Page 15 of 15,