India, Dec. 3 -- The Ghaziabad Development Authority (GDA) on Monday signed a memorandum of understanding (MoU) with the NBCC (India) Limited, a Government of India enterprise, for taking up the redevelopment plan of the authority's Tulsi Niketan housing scheme, officials said on Tuesday.

Developed in 1989-90, the scheme spans 56,639 square metres and is located adjacent to Wazirabad Road near the Delhi border. Officials said the flats have become dilapidated and unsafe due to repeated waterlogging during monsoons and years of poor maintenance.

"The Tulsi Niketan scheme currently houses 2,292 flats, 60 shops, and over 20,000 residents. The scheme's 2,004 houses for economically weaker sections (EWS) and 288 for lower income groups (LIG)...