InvestorQ : Is it true that Tata Projects will be building the new Parliament building in New Delhi?
Rutuja Nigam made post

Is it true that Tata Projects will be building the new Parliament building in New Delhi?

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2 months ago
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Tata Projects, part of the Tata group, has won the contract for construction of the new Parliament building with the lowest bid of Rs.861.90 crore. L&T bid was slightly higher at Rs.865 crore. This is part of the Central Vista redevelopment project.

Apart from Tata Projects, L&T and Shapoorji Pallonji had also qualified based on pre-qualification bids. It envisages construction of new Parliament building close to the present one to be completed in 21 months time frame at an estimated cost of Rs.889 crore.

The total plinth area of the proposed structure will be 65,000 square KM. The new Parliament structure will be ground plus two-storey with one basement too. The new parliament building will have halls with a larger seating capacity for the two houses.

However, the government spokesperson has confirmed that the heritage buildings in that area will not be pulled down as part of the plan for a new look.

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