About fifteen major infrastructure and real estate companies have shown interest in being part of the proposed Multimodal Tranport Hub to be developed by government of Delhi at ISBT, Dwarka. Some Big names of this list are, BLS-ILFS consortium, Unity Infraprojects, Lanco Infratech, Nagarjuna Constructions, CMC Constructions, Parasvnath Developers, Zoom Developers, Sun City Projects, Somdutt Builders, Pawha Infrastructure and SMS Infrastructures and so on.
The project will be developed on a public-private partnership basis at an estimated cost of four hundred crore rupees and will be on a BOMM (build-operate-maintain-manage) basis for a period of forty years.
The proposed transit system will be developed about eleven hectares near the world class convention centre developed by DLF and IGI International Airport. Government intends to make this project operational before coming Commonwealth Games.
This will be the first integrated transport hub of its type in the country that will provide inter-connectivity between multiple modes of public transport like inter-state buses, Delhi metro, and the proposed light rail transport system to be introduced by the Delhi government.
The ISBT is designed in such a way that it can handle five thousand buses every day. It will have around 175 bays for inter-state buses and around hundred for local buses, besides a single-storey underground parking for buses and cars. The project also envisages the development of a three-star hotel with three hundred rooms, besides other passenger amenities like food stalls, dormitory, drinking water, air-conditioned waiting halls, ATMs, bank counters, department stores and phone booths.