Tata Projects to bag the Parliament redevelopment work
Real Estate

Tata Projects to bag the Parliament redevelopment work

Tata Projects is set to win the contract for the government’s parliament redevelopment project since they outbid L&T for this project. Tata’s bid of Rs 8.619 billion is lower than the bid of Rs 8.65 billion offered by Larsen & Toubro (L&T). 

Seven firms had shown interest in the technical bid for the project. The bids were opened in the month of August and three companies were shortlisted for the financial bid process where L&T and Tata Projects participated but Shapoorji Pallonji did not.

The construction of the new parliament building is expected to be completed by March 2022 before India’s 76th Independence Day. With a built-up area of approximately 60,000 m sq on plot number 118 of the Parliament House Estate, the new building will be a triangular-shaped construction. The construction work of the project will soon begin after the monsoon session of the parliament which ends on October 1. Central Public Works Department (CPWD) looking after the development work has estimated the cost of the project to be Rs 9.40 billion over 21 months. 

The parliament house completed in the year 1927 does not meet the current infrastructural needs. Therefore, the new redevelopment plan seeks to address such inadequacies. There will be:
  • Adequate seating arrangement: The building will have halls with increased seating capacity for Lok Sabha and Rajya Sabha. The new Lok sabha hall will have the capacity to accommodate over 1,350 parliamentarians during the joint sessions. The new seating arrangements address the issue of inadequate space faced by the MP’s, especially during the joint sessions.
  • Offices for all MP’s: the new structure will have offices for all the MP’s something that not available to them before.
  • Green building: The new building will be fitted with solar panels and will have various energy-saving equipments.
  • Dedicated parking areas.
  • Better audio and visual equipment will be used to ensure clarity of presentation and minimise the problem of echoing. There will also be built-in translation systems as well. 


Reportedly according to a presentation by HCP Design Planning and Management, the project consultant, the current design of the Parliament House will incorporate the state emblem instead of the spire.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Tata Projects is set to win the contract for the government’s parliament redevelopment project since they outbid L&T for this project. Tata’s bid of Rs 8.619 billion is lower than the bid of Rs 8.65 billion offered by Larsen & Toubro (L&T). Seven firms had shown interest in the technical bid for the project. The bids were opened in the month of August and three companies were shortlisted for the financial bid process where L&T and Tata Projects participated but Shapoorji Pallonji did not.The construction of the new parliament building is expected to be completed by March 2022 before India’s 76th Independence Day. With a built-up area of approximately 60,000 m sq on plot number 118 of the Parliament House Estate, the new building will be a triangular-shaped construction. The construction work of the project will soon begin after the monsoon session of the parliament which ends on October 1. Central Public Works Department (CPWD) looking after the development work has estimated the cost of the project to be Rs 9.40 billion over 21 months. The parliament house completed in the year 1927 does not meet the current infrastructural needs. Therefore, the new redevelopment plan seeks to address such inadequacies. There will be:Adequate seating arrangement: The building will have halls with increased seating capacity for Lok Sabha and Rajya Sabha. The new Lok sabha hall will have the capacity to accommodate over 1,350 parliamentarians during the joint sessions. The new seating arrangements address the issue of inadequate space faced by the MP’s, especially during the joint sessions.Offices for all MP’s: the new structure will have offices for all the MP’s something that not available to them before.Green building: The new building will be fitted with solar panels and will have various energy-saving equipments.Dedicated parking areas.Better audio and visual equipment will be used to ensure clarity of presentation and minimise the problem of echoing. There will also be built-in translation systems as well. To read more about the design and plan details of the Parliament House, click here!Reportedly according to a presentation by HCP Design Planning and Management, the project consultant, the current design of the Parliament House will incorporate the state emblem instead of the spire.

Next Story
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?