Delhi Transport Corporation to commercialise spaces inside Kashmere Gate ISBT for 2 years
In an effort to generate revenue, the Delhi Transport Corporation (DTC) plans to lease several commercial spaces inside the busy Kashmere Gate ISBT on a two-year license period.
According to officials, around 20 spaces have been identified at the interstate bus terminal (ISBT) in Central Delhi, which can be developed into retail shops, service outlets, and convenience stores.
“As part of its mandate to generate sustainable revenue and provide better facilities to commuters, Delhi Transport Infrastructure Development Corporation (DTIDC) intends to commercially utilise available bare spaces at ISBT Kashmere Gate for various commercial activities,” an official said.
The ISBT Kashmere Gate is one of the busiest bus terminals in Delhi, with very high daily footfall of commuters, visitors and staff.
“The terminal is strategically located and well-connected by metro, roads and other modes. A tender has been floated inviting companies in this regard,” he added.
According to officials, dedicated areas, including bus bays and several other blocks, have been identified for the development and operation of various commercial establishments to meet the needs of commuters.
“The spaces will be handed over on an ‘as is where is’ basis, operation and maintenance by the selected Licensee. High captive footfall presents an excellent opportunity for reputed operators to establish commercial outlets with customer-friendly setups.
