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NBCC India appointed as implementing agency for construction of Vanijya Bhawan

Infra News - Published on Tue, 26 Jun 2018

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PTI quoted State-owned construction firm NBCC (India) Ltd as saying that it has been appointed as the implementing agency to construct Vanijya Bhawan, to be developed at a cost of INR 226.83 crore, whose foundation stone was laid by Prime Minister Mr Narendra Modi. The Vanijya Bhawan, which will come up on Akbar road in Lutyen's Delhi, will house the commerce ministry.

NBCC said in a statement that "The total cost of the project is INR 226.83 crore."

However, the project will be spread across an area of 4.3 acres with a built-up area of 39,500 square metres, of which ground coverage shall be 22 per cent only.

It said that "The Vanijya Bhawan will comprise G+5 stories with two basements and have a parking capacity of 444 cars."

Mr Hardeep S Puri, Housing and Urban Affairs Minister said that “Vanijya Bhawan will be a green and smart building and will eventually become a global hub for trade promotion and policy. I am confident that NBCC will be able to complete the project by third quarter of 2019.”

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Posted By : Nanda Koijam on Tue, 26 Jun 2018
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