NEW DELHI: Aiming to provide a new commercial space in the heart of the capital, New Delhi Municipal Council (NDMC) will begin constructing a seven-storey complex next to Akbar Bhavan in Chanakyapuri in August this year.
The building, which will be named Yashwant Place commercial complex, will be located next to Satya Marg, close to Yashwant Place Market. Tenders have been issued for the project, which will cost Rs 119 crore, including civil, electrical and fire department works, NDMC vice-chairman Satish Upadhyay said. It is expected to be completed in 36 months once work commences.