• No payment will be made to the participants at Stage 1.
  • An equal honorarium of Rs. 5,00,000 will be paid to each of the five teams shortlisted to take part in Stage 2 including the eventual winner.
  • The honorarium payment will be made to the lead organisation in each team and will only be released on delivery of compliant Stage 2 submissions. Compliance will be determined by members of the jury panel.
  • The winning entry will be awarded a prize of Rs. 50,00,000. If elements of the winning design can be used in the final commission, a comparable amount of this prize will be adjusted against the contract fee in the future.
  • The winner shall be paid the professional fees based on the cost estimates and negotiated for consolidated percentage of fees.
  • Kindly note that the cost estimates submitted shall be examined interdepartmentally by the MMRDA.