Hon’ble Prime Minister Shri Narendra Modi today laid the foundation stone for Vanjiya Bhawan in the heart of New Delhi. The Vanijya Bhawan which will come up on Akbar road in Lutyen’s Delhi will house the country’s Commerce Ministry. NBCC (India) Ltd., a Navratna CPSE under the Ministry of Housing and Urban Affairs, has been appointed as the implementing agency to construct this building. The total cost of the project is Rs. 226.83 crores.
The dignitaries who attended the event were Shri Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation; Shri Hardeep Singh Puri, Minister of Housing and Urban Affairs; Shri C.R. Chaudhary, Minister of State for Commerce & Industry and Consumer Affairs, Food & Public Distribution; Ms. Rita Teaotia, Commerce Secretary; and other senior officials from both the Ministries and NBCC.
The project will be spread across an area of 4.3 acres with a built up area of 39,500 sqm, of which ground coverage shall be 22% only. The Vanijya Bhawan will comprise G+5 stories with two basements and have a parking capacity of 444 cars.