In order to construct a state of the, the central government has identified 340 acre land parcels at Gatorni village in South Delhi and to ensure smooth flow of funds for the proposed structure, it is planning to build a smart township in the area, which will help it to generate funds from the private players, said sources adding that for the purpose it has in possession three patches of contiguous land in Ghitorni area under the direct control of agencies like Central Public Works Department (CPWD), Delhi Development Authority (DDA), and Delhi Jal Board (DJB). For building the proposed secretariat these land parcels will be clubbed to build a smart complex that can have residential, commercial and office spaces and moreover its close proximity to Gurgaon and the Metro line makes it an attractive investment destination for project developers.
The policy makers have estimated that the project can generate around Rs 40,000 crore and major chunk of the funds would go into the construction of the township and that the remaining amount would be used for the construction of the secretariat building. As a matter of fact, both the projects may start simultaneously as there is a need to ensure fund flow from one project to the other and that the urban development ministry is also considering raising funds from advance booking for the smart township project to get some working capital before the project is commissioned. Apart from this, it has also identified spaces for the new 'iconic' secretariat on an area of about two crore sq meters of covered area in the central part of Delhi, either in Sunehri Bagh or in Lodhi Estate area, they added.