A new market complex on the west side of New Market, Dimapur is poised to improve the market infrastructure once completed.
The ongoing construction of the market complex will have an area of over approximately 18,000 square feet, and once completed, it will accommodate over 230 vendors.
Speaking to Nagaland Post, SDO Avika I Zhimomi informed that the project was part of DMC’s broader strategy to revamp and upgrade commercial areas, particularly New Market which has been a long felt need.
Avika said the ground floor of the marker project complex was expected to be completed in 12 months initially. However, due to unforeseen weather conditions, the schedule has been extended. The ground floor could now be completed in 14 months while the full project anticipated to be ready by March or April next year, she said.
The entire project is expected to take about two-and-a-half years to complete, provided there were no major delays related to funds. According to Avika, a sum of Rs.3 crore has been collected till date from allottees under security deposit. Unlike in the past where vendors were required to deposit 50% of the monthly rent towards funding the project, Avika said presently it was changed into one-time security deposit system. She said if any allottee decided to withdraw from the project, the money would be refunded and the stall re-allotted to another vendor. .
She claimed that the new complex would feature modern facilities aimed at enhancing safety, sustainability, and the overall market appeal. She said key infrastructure elements would include rainwater harvesting systems, fire extinguishers, and improved lighting to create a safer working environment for vendors and a more inviting space for shoppers.
In order to change perception about New Market, she said DMC was working hard to change that perception and is pursuing to make New Market a more attractive place for both vendors and customers. She said the beautification of the complex was a critical component of this initiative.
Avika acknowledged that the progress had been slower than anticipated, particularly due to delays in collecting funds from allottees. However, she expressed optimism that once the foundation was complete, the project would gain momentum.