Satellite Township Phase 1
Satellite Township Phase 1 is the group housing package at Rakh Gund Aksha, Bemina, Srinagar, where Dilip Buildcon Limited has quoted the lowest price in the NBCC tender. Valued at roughly ₹901.43 crore, the engineering, procurement and construction scope covers apartment blocks along with the supporting infrastructure that makes the sector liveable.
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What is Satellite Township Phase 1?
Satellite Township Phase 1 is the first construction package taken to public tender under Srinagar's planned satellite township at Rakh Gund Aksha, Bemina. Officially described as Phase I, Package 3 (Group Housing 02), the package covers design, engineering, procurement and construction of group housing blocks together with the roads, utilities and common infrastructure that support them. NBCC (India) Limited floated the tender on behalf of the Srinagar Development Authority, and the quoted package value stands at about ₹901.43 crore including GST.
The wider township spreads across roughly 406 acres and carries an estimated overall cost of around ₹15,000 crore, conceived as a planned urban extension that eases residential and commercial pressure on Srinagar's older core. As of 12 November 2026, Satellite Township Phase 1 holds L-1 status, meaning Dilip Buildcon quoted the lowest price among qualified bidders. A formal Letter of Award and contract execution have not been confirmed, and unit configurations, end-buyer pricing and possession timelines have not been published by the authorities so far.
Key Highlights of Satellite Township Phase 1
These are the verified facts about the Satellite Township Phase 1 package, drawn from publicly available tender information. The project is a government-tendered construction contract for a township sector, not a private apartment launch with open booking, so the points below focus on scope, value, timeline and current status rather than sale prices or unit sizes.
₹901.43 Crore Package
The quoted EPC value for Phase I, Package 3 (Group Housing 02) is ₹901.43 crore, GST included.
24-Month Build Window
Construction is scheduled to run 24 months from commencement, followed by two years of operation and maintenance.
NBCC-Floated Tender
NBCC (India) Limited issued the tender for the Srinagar Development Authority, keeping procurement within a public, documented process.
Rakh Gund Aksha Site
The package sits at Rakh Gund Aksha in Bemina, close to the National Highway Bypass corridor on Srinagar's north-west edge.
406-Acre Township Backdrop
Phase 1 forms part of a roughly 406-acre township plan whose overall development is estimated at about ₹15,000 crore.
L-1 Bidder Status
Dilip Buildcon quoted the lowest bid in November 2026; the Letter of Award and contract signing are still awaited.
Satellite Township Phase 1 Price List
No public price list exists for individual homes inside Satellite Township Phase 1. The only figure released so far is the construction contract value quoted through the NBCC tender, and that number reflects what the executing agency will spend on building the package, not what a buyer would pay for a flat. The wider township plan includes affordable housing alongside market-rate plots and villas, funded through a self-sustaining model. Anyone tracking unit availability or booking should follow official Srinagar Development Authority and NBCC announcements rather than broker estimates.
| Unit Type | Area (Approx.) | Price (Indicative) | Enquire Now |
|---|---|---|---|
| Group Housing Units | Not Disclosed | On Request | |
| Affordable Housing (Township) | ~45 sq m (Planned) | On Request | |
| Residential Plots/Villas (Township) | Not Disclosed | On Request |
Satellite Township Phase 1 Master & Floor Plans
Architectural drawings for the group housing blocks are not in the public domain yet. The package is still at the tender award stage, and unit layouts, carpet areas and block-wise floor plans normally surface once the contract is signed and the detailed project report is finalised. What is known is the larger township master plan, which sets aside land for residential plots, villas, apartment clusters, commercial frontage and civic amenities across roughly 406 acres. The Phase 1 group housing layouts will become available as the package moves from L-1 status into active construction planning.
Township Master Plan
The township layout groups residential plots, villas, apartments, commercial areas and a planned five-star resort, with delivery spread across phases over roughly five years.
Phase I, Package 3 (Group Housing 02)
This package covers group housing and allied infrastructure at Rakh Gund Aksha, Bemina, under an EPC contract with a 24-month construction period.
Layouts Awaiting Official Release
Block configurations, carpet areas and floor-specific drawings will be published after the contract award and detailed project report approval.
Amenities at Satellite Township Phase 1
Tender documents do not itemise amenities block by block for this package. The amenity picture comes from the township-level plan agreed between the Srinagar Development Authority and NBCC, which describes a self-contained neighbourhood with an indoor sports centre, commercial office space, a 200-key five-star resort and landscaped open areas. The plan also targets GRIHA or IGBC green certification, which shapes how services, water management and open space are designed. Residents of the group housing blocks would share these township-level facilities as each phase is delivered.
Landscaped Open Spaces
Indoor Sports Centre
Commercial Spaces
Five-Star Resort (Planned)
Internal Road Network
Green Building Goals
Family-Friendly Planning
Planned Security
Parking Provisions
Utility Infrastructure
Pedestrian Zones
Civic Facilities
Location of Satellite Township Phase 1
Satellite Township Phase 1 is sited at Rakh Gund Aksha, Bemina, in north-west Srinagar, Jammu and Kashmir. Bemina is an established residential and commercial belt along the National Highway Bypass, which links the city centre to the airport corridor and the northern districts. The location matters because it sits close to two large institutional anchors — the planned Medi City healthcare zone and the High Court complex area — giving the sector a functional role beyond housing. The township is designed as a new town centre for Srinagar New-Launch Projects, and to absorb growth that would otherwise push deeper into congested central wards.
Connectivity from the site is straightforward by road: the bypass connects to Lal Chowk, Rajbagh and the airport without requiring a pass through the oldest parts of the city, and local transport routes already serve Bemina. Schools, colleges, primary health facilities, mosques and neighbourhood markets are within the surrounding built-up area, so daily needs do not depend on the township being finished first. Over time, the package should also improve internal roads and civic infrastructure in the immediate micro-market, which is one reason the Bemina corridor is watched closely by long-term property observers.
NH Bypass Access
The site sits along the National Highway Bypass at Bemina, linking it to wider Srinagar and the airport corridor.
Medi City (Planned)
The township is close to the upcoming Medi City project, expected to become a significant healthcare cluster.
High Court Complex
The High Court complex area lies nearby, adding an institutional and professional presence to the locality.
Airport Connectivity
Srinagar International Airport can be reached via the bypass road, which helps frequent travellers and staff.
Schools & Colleges
Bemina and adjoining areas already host schools and colleges serving residents across this part of the city.
Local Markets
Established retail pockets in Bemina cover daily necessities, with additional commercial space planned inside the township.
Community Facilities
Religious and community facilities in the surrounding area give the neighbourhood a settled character.
Public Transport
Local transport routes connect Bemina to Lal Chowk, Rajbagh and other parts of Srinagar.
New Town Centre
The satellite township is planned as a new town centre for Srinagar, easing pressure on older, congested wards.
Dal Lake Vicinity
Dal Lake and other prominent Srinagar landmarks are a reasonable drive away via the bypass network.
Employment Hubs
Government offices, healthcare facilities and commercial centres across Srinagar are reachable by road.
Planned Urban Expansion
The package forms part of the Greater Srinagar vision under Master Plan 2035 for sustainable growth.
Satellite Township Phase 1 Map
Satellite Township Phase 1 Gallery
Township Layout Concept
Group Housing Vision
Residential Planning
Open Spaces
Township Amenities
Bemina NeighbourhoodWhy Consider Satellite Township Phase 1?
It helps to be clear about what this project actually is. Satellite Township Phase 1 is a government-tendered EPC contract for a township package, not a private residential launch selling flats today. That means the investment conversation is really about the Bemina corridor and how it changes as the township, Medi City and the institutional cluster around the High Court take shape. Large public infrastructure of this scale tends to lift surrounding land and rental values gradually as roads, utilities and services arrive, but the effect is spread over years rather than quarters.
Compared with standalone apartment projects in central Srinagar, the appeal here is scale and planning discipline: a master-planned sector with designated commercial zones, open space and civic facilities, backed by a public procurement process. The trade-off is uncertainty — unit availability, pricing and legal status for individual homes are not publicly confirmed for this package. Buyers and investors should wait for formal Srinagar Development Authority or NBCC announcements before acting, and should verify allotment terms independently rather than relying on speculative figures.
About Dilip Buildcon Limited
Dilip Buildcon Limited is a Bhopal-headquartered infrastructure and construction company founded in 1987. Over nearly four decades it has grown into one of India's larger EPC contractors, executing roads, highways, bridges, tunnels, metro rail, irrigation, mining and urban development work across several states and union territories. For Satellite Township Phase 1, the company has been declared the L-1 bidder, which reflects its pricing competitiveness in large public tenders. Its FY26 results reported consolidated revenue of about ₹8,984 crore and an order book of ₹28,830 crore as of March 2026.
Winning this NBCC-floated Srinagar package would add a group housing and urban development component to a portfolio that has historically leaned towards transport and mining infrastructure. That fits the company's stated DBL 2.0 strategy of broadening into multi-asset infrastructure segments. For anyone following the Srinagar project, Dilip Buildcon Projects delivery record on large EPC contracts is a useful reference point, though the formal award and execution schedule for this package are still to be confirmed through official channels.
Satellite Township Phase 1 FAQs
Satellite Township Phase 1 is located at Rakh Gund Aksha, Bemina, Srinagar, Jammu and Kashmir. The site sits inside the larger satellite township managed by NBCC, close to the National Highway Bypass.
As of 12 November 2026, Dilip Buildcon Limited is the L-1 (lowest) bidder for the ₹901.43 crore Package 3 (Group Housing 02) of the township. L-1 status is not a final award, so the Letter of Award and contract signing are still pending.
The quoted bid for Satellite Township Phase I, Package 3 is ₹901.43 crore inclusive of GST. The full satellite township is estimated at approximately ₹15,000 crore.
The construction period is 24 months from commencement, followed by a two-year operation and maintenance period.
Dilip Buildcon Limited is the L-1 bidder for the EPC contract. NBCC (India) Limited floated the tender and works as project management consultant for the Srinagar Development Authority.
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