New Delhi May 24 (IANS) The Union Cabinet on Wednesday gave its approval to transfer the property of Hotel Janpath in the national capital to the Ministry of Urban Development an official said.
The Committee on Economic Affairs chaired by Prime Minister Narendra Modi has given its ‘in principle approval to transfer the property of Hotel Janpath New Delhi to the Ministry of Urban Development said a statement.
The property can be considered for construction of government offices and similar purposes which would save government funds spent in hiring of government offices it added.
The statement mentioned the details of implementation of the project and land usages would be taken subsequently by a Committee of Secretaries to be constituted under the chairmanship of cabinet secretary.
The building of Hotel Janpath has to undergo major rehabilitation work since the building structure has been found to be unserviceable in distressed condition and deficit in the context of seismic requirements according to the inspection report of IIT Roorkee read the statement.
The government has initiated the process of disinvestment of hotels/properties of the India Tourism Development Corporation Ltd. (ITDC).
In the first stage of the disinvestment process it was decided to disinvest in three hotels namely Hotel Lake View Ashok Bhopal; Hotel Brahmaputra Ashok Guwahati; and Hotel Bharatpur Ashok Bharatpur. Hotel Janpath New Delhi was next on the list.
--IANS
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Hotel Janpath s property to be transferred to government
