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. Also Read - Coronavirus: Bhopal Enters Complete Lockdown, Only Medicine And Milk Shops to Open

“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. Also Read - Scindia Meets Amit Shah, A Day After Joining the BJP; To Hold Roadshow in Bhopal Today

“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. Also Read - Ink Thrown on BJP Poster Welcoming Scindia Ahead of His Road Show in Bhopal

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.

This is published unedited from the IANS feed.