Delhi University to rent out premises to generate resources

Image
Press Trust of India New Delhi
Last Updated : Aug 17 2014 | 9:10 AM IST
With the aim to generate resources for maintenance of its facilities, Delhi University is planning to rent out its premises including the two swanky stadiums upgraded for the 2010 Commonwealth Games.
"Delhi University has decided to offer infrastructural facilities on rent to the varsity-affiliated colleges, other institutions and NGOs. However, they will be strictly rented out for non-commercial purposes," DU's Media Coordinator and Joint Dean of Students' Welfare Malay Neerav told PTI.
"The aim is to garner operational as well as maintenance cost, both long term and short term," he said. A decision in this regard was taken in the university's Executive Council meeting on Thursday.
The infrastructural facilities available for rent will include the Rugby Stadium, Polo Ground, Conference Centre, Academic Research Centre, Activity Centre, Shankar Lal Concert Hall, and Tagore Hall.
Asked why the varsity-affiliated colleges have to pay for using the facilities, Neerav said, "Colleges have facilities in their respective campuses for routine programmes. However, if they organise something at a bigger scale and utilise the facilities they have pay for operational cost like air-conditioning and lighting."
He said the university authorities have taken the move after evaluating maintenance cost of the facilities. Hiring the University Stadium or Polo Ground, which were upgraded for the Commonwealth Games at an expenditure of Rs 100 crore, will cost anything between Rs 10,000 and Rs 3 lakh per day.
While colleges of Delhi University will be able to book the premises with permission from Deputy Registrar (Estate), the institutions and organisations outside the varsity's fold will have to take permission from the Registrar.
For hiring the stadium facilities, a recommendation needs to be obtained from the Chairman of DU Sports Council, before submitting the request to the Deputy Registrar (Estate).
The university's Conference Centre will be available for rent at different charges ranging from Rs 3,000 to Rs 30,000 per day, depending upon whether the event is being conducted with sponsorships or without sponsorships.
The residential flats and the Community Centre on Reids Line will also be available for temporary allotment for marriage or family function purposes only for the varsity's staff members.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 17 2014 | 9:10 AM IST

Next Story