Although the project has been proposed by the North Delhi Municipal Corporation, under whose jurisdiction the nearly 150-year-old building falls, the funds for the same is subject to submission by the civic body of a detailed project report to the ministry.
"The Town Hall restoration and renewal project has been cleared by the Ministry of Tourism. The Rs 50-crore fund from the Centre, however, will be released by them subject to the submission of the DPR," NDMC Public Relations Officer Yogendra Singh Mann told PTI.
It will also have a state-of the-art conference hall, children's corner, boutique hotel, multi-cuisine restaurants and audio-visual and meeting rooms.
"The museum will be themed on Delhi's history and heritage. Steps will also be taken to offer people a great audio-visual experience which would complement the architectural grandeur of the place," Mann said.
"The building adjoining the main block will be developed as a heritage boutique hotel. We want visitors to experience the history of this place dating back to the 1860s," he added.
NDMC said that since it is a 19th century building, the aim will be to "remain loyal" to the original design, which means the restoration work will take time.
"The building was originally used by the British to hold public meetings. Built in yellow-painted brick and stone, and carved white stone trim, it was bought by the municipality around 1866 for its use," he said.
"The idea behind the project is to immerse people in history. The plan is to return to the original design and layout, including the old gates and fences, which would eb es complemented and supplemented by new amenities inside," Mann said.
