New Parliament Building to be Ready by October 20223Photo© thequint.com

New Parliament Building to be Ready by October 2022

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The foundation stone of the present Lok Sabha building was laid on 12 February 1921 and the building was finally inaugurated on 18 January 1927 by the then Governor General of India, Lord Irwin.

On 16 September, Tata Projects Ltd beat Larsen and Toubro to win the contract to construct a new Parliament building at a cost of Rs 861.90 crore.

According to NDTV, the new building will be designed in the shape of a triangle, and CPWD had estimated a cost of Rs 940 crore.