The Private Sector Developer (PSD) appointed was M/s KGK Consortium. Under the public-private sector partnership model approved by the EICD, PDCOR had prepared the Detailed Project Report (DPR) for the restoration of Man Sagar Lake, Jal Mahal restoration and lake precincts development. The total project area for restoration and development approved by ECID was comprising the lake with water spread, the lake precincts area of , which subsumed of submerged land) for tourism development under joint sector cooperation and for lake promenade and tertiary treatment facility and related works.