South Delhi Municipal Corporation (SDMC) and state-run construction firm NBCC today signed an agreement for building the corporation's headquarters here at a cost of Rs 525 crore.
Spread over five acres at I P Estate, the project is scheduled to be completed in two years.
SDMC Commissioner Puneet Goel and NBCC CMD A K Mittal signed the Memorandum of Understanding (MoU) in the presence of Urban Development Minister M Venkaiah Naidu, Railways Minister Suresh Prabhu and SDMC Mayor Kamaljeet Sherawat.
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"The proposed modern steel and glass building with an open up view to the river Yamuna would be an iconic green building with incorporation of maximum smart features," an official release said.
The building will have various green features such as zero waste discharge, solar power generation to meet about six per cent of the energy needs, rain water harvesting and automated shades to reduce day light energy, it added.
After trifurcation of erstwhile Municipal Corporation of Delhi, no space for SDMC headquarters was allocated for the last five years.
It is functioning from the Dr. Shyama Prasad Mukherjee Civic Centre at Jawahar Lal Nehru Marg by sharing the covered area with North Delhi Municipal Corporation.
In February, the SDMC Standing Committee had cleared a proposal for the construction of SDMC headquarters near Pragati Maidan at I P Estate.
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