Central Vista gets Rs 2600 cr for developing non-residential office

04 Feb 2022 CW Team

It is Rs 767.56 crore as against Rs 1,833.43 crore allocated in the past fiscal. The redevelopment project of the Central Vista, the country's power corridor, envisions a new triangular Parliament building, a common central secretariat, redeveloping of the 3 km Rajpath boulevard that extends from Rashtrapati Bhavan to India Gate, a new prime minister's residence and a new Prime Minister's Office (PMO) and a new Vice President's Enclave.

A sum of Rs 2,600.99 has been allotted for non-residential office buildings' development, incorporating the Parliament and Supreme Court of India. For residential objectives, the ministry has been provided Rs 873.02 crore.

Six infrastructure companies, comprising Larsen & Toubro (L&T) Limited, Shapoorji Pallonji and Company Limited and Tata Projects Limited, are in the race to win the agreement to create the Executive Enclave, which will accommodate the Cabinet Secretariat, National Security Council Secretariat, new PMO and India House.

As per the proposed plan, the Executive Enclave will come up on the south side of the South Block in plot number 36/38 in the high-security zone in Lutyens' Delhi.

Last year, Larsen & Toubro Limited had been granted the deal for the development and maintenance of the first three buildings of the Common Central Secretariat.

Tata Projects Limited is developing a new parliament building while Shapoorji Pallonji and Company Limited is implementing the redevelopment work of the Central Vista Avenue stretching from the Rashtrapati Bhavan to the India Gate under the Central Vista redevelopment project. In November 2021, Jharkhand-based infrastructure company Kamladityya Construction Pvt Ltd had been granted the contract for developing a Vice-President's Enclave.

Image Source

Also read: CPWD to issue bids for building new PMO in Central Vista

The Ministry of Housing and Urban Affairs has been provided Rs 2,600 crore in Budget 2022-23 to develop non-residential office buildings of the Central Vista project, comprising the Parliament and Supreme Court. It is Rs 767.56 crore as against Rs 1,833.43 crore allocated in the past fiscal. The redevelopment project of the Central Vista, the country's power corridor, envisions a new triangular Parliament building, a common central secretariat, redeveloping of the 3 km Rajpath boulevard that extends from Rashtrapati Bhavan to India Gate, a new prime minister's residence and a new Prime Minister's Office (PMO) and a new Vice President's Enclave. A sum of Rs 2,600.99 has been allotted for non-residential office buildings' development, incorporating the Parliament and Supreme Court of India. For residential objectives, the ministry has been provided Rs 873.02 crore. Six infrastructure companies, comprising Larsen & Toubro (L&T) Limited, Shapoorji Pallonji and Company Limited and Tata Projects Limited, are in the race to win the agreement to create the Executive Enclave, which will accommodate the Cabinet Secretariat, National Security Council Secretariat, new PMO and India House. As per the proposed plan, the Executive Enclave will come up on the south side of the South Block in plot number 36/38 in the high-security zone in Lutyens' Delhi. Last year, Larsen & Toubro Limited had been granted the deal for the development and maintenance of the first three buildings of the Common Central Secretariat. Tata Projects Limited is developing a new parliament building while Shapoorji Pallonji and Company Limited is implementing the redevelopment work of the Central Vista Avenue stretching from the Rashtrapati Bhavan to the India Gate under the Central Vista redevelopment project. In November 2021, Jharkhand-based infrastructure company Kamladityya Construction Pvt Ltd had been granted the contract for developing a Vice-President's Enclave. Image Source Also read: CPWD to issue bids for building new PMO in Central Vista

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..