Government spent Rs 238 cr on the new parliament building
ECONOMY & POLICY

Government spent Rs 238 cr on the new parliament building

The government has spent Rs 238 crore on a new Parliament building and Rs 63 crore on the Centre Vista Avenue construction, cites Lok Sabha.

Minister of State for Housing and Urban Affairs Kaushal Kishore informed the media that works on a new parliament building, estimated to cost Rs 971 crore, is underway and will be finished by October 2022.

He also informed that the redevelopment of Central Vista Avenue, which runs from Rashtrapati Bhavan to India Gate, will cost Rs 608 crore and take until November to complete.

The anticipated costs for these two projects for fiscal year 2022 are Rs 1,289 crore.

In response to another query, the minister clarified that the details of rental premises or area-wise hired by various establishments of the government, as well as the expense incurred on those private rental premises since the beginning of the lease agreement, are not kept centrally.

The government had previously stated that the current Central Vista redevelopment project, which includes the construction of ten new Secretariat buildings, will save the government Rs 1,000 crore in rent.

A new triangular parliament building, a common central secretariat, a 3 km long Rajpath from Rashtrapati Bhavan to India Gate, a new prime minister house and the Prime Minister Office (PMO), and a new Vice President Enclave are all part of the Central Vista reconstruction project.

Image Source


Also read: Central Vista project to continue amid second wave of Covid-19

Also read: Central Vista redevelopment: Govt to develop defence enclave

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The government has spent Rs 238 crore on a new Parliament building and Rs 63 crore on the Centre Vista Avenue construction, cites Lok Sabha. Minister of State for Housing and Urban Affairs Kaushal Kishore informed the media that works on a new parliament building, estimated to cost Rs 971 crore, is underway and will be finished by October 2022. He also informed that the redevelopment of Central Vista Avenue, which runs from Rashtrapati Bhavan to India Gate, will cost Rs 608 crore and take until November to complete. The anticipated costs for these two projects for fiscal year 2022 are Rs 1,289 crore. In response to another query, the minister clarified that the details of rental premises or area-wise hired by various establishments of the government, as well as the expense incurred on those private rental premises since the beginning of the lease agreement, are not kept centrally. The government had previously stated that the current Central Vista redevelopment project, which includes the construction of ten new Secretariat buildings, will save the government Rs 1,000 crore in rent. A new triangular parliament building, a common central secretariat, a 3 km long Rajpath from Rashtrapati Bhavan to India Gate, a new prime minister house and the Prime Minister Office (PMO), and a new Vice President Enclave are all part of the Central Vista reconstruction project. Image SourceAlso read: Central Vista project to continue amid second wave of Covid-19 Also read: Central Vista redevelopment: Govt to develop defence enclave

Next Story
Infrastructure Urban

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

Next Story
Infrastructure Urban

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Next Story
Infrastructure Energy

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement