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

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

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

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

Next Story
Infrastructure Transport

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Next Story
Real Estate

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Next Story
Real Estate

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement