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Development of Girls Residential sports hostels under Public Private Partnership framework

Sector: Commercial • Location: Hassan, Karnataka, India

Source: India Investment Grid (IIG)

Project
Closed

Information Department of Youth Empowerment and Sports, Karnataka has come up with Development of Girls Residential sports hostels under Public Private Partnership framework with a ticket size of 172 INR Crores. This project in Sports Infrastructure sub-sector involves The current status of the project is Idea Stage and is being developed through the PPP route. Economic/Social Impact of the Proje

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The project “Development of Girls Residential sports hostels under Public Private Partnership framework” is an infrastructure initiative in the Commercial sector, located in Hassan, Karnataka, India. Taiyo aggregates data on it from India Investment Grid (IIG).

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Description

Description

Information Department of Youth Empowerment and Sports, Karnataka has come up with Development of Girls Residential sports hostels under Public Private Partnership framework with a ticket size of 172 INR Crores. This project in Sports Infrastructure sub-sector involves The current status of the project is Idea Stage and is being developed through the PPP route. Economic/Social Impact of the Project The Department of Youth Empowerment and Sports, Government of Karnataka, is desirous of developing Girls Residential Sports Hostels at various locations in Karnataka. Through this project, the Department plans to provide opportunities and facilities to sports persons who are being trained in various districts. The aim is to provide residential hostels co-located with stadia so that participating sports persons are housed in close quarters and can undergo their training with ease and comfort. For this purpose, the Department has identified 26 locations across the various district headquarters to develop hostels specifically for girls. The aim is to develop these hostels under PPP route. Developers will be invited to build the hostels. To boost the attractiveness of this project, the selected developers will also be given currently unused land on which they will be able to develop sports allied infrastructure and operate them for a period of 30 years. The developers will be able to earn revenue from such sports allied assets, thus making the overall project, that is, the hostel and sports allied infrastructure development, more financially attractive to them.

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High

Data quality score

100%

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