Urban development ministry hands over Rs.330 crore to finance

Last Updated: Thu, Jun 05, 2014 17:50 hrs

New Delhi, June 5 (IANS) The urban development ministry Thursday handed over Rs.330.61 crore - the surplus amount generated from housing projects in the national capital -to the finance ministry.

"The Urban Development Minister M. Venkaiah Naidu presented a cheque of Rs.330.61 crore to Finance Minister Arun Jaitley," said a ministry official.A

The surplus was generated from the redevelopment of Netaji Nagar and Moti Bagh projects in New Delhi area. The project was completed in phases from March 2009 to March 2012.

This amount will be deposited in the Consolidated Fund of India.

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