India, Aug. 9 -- The redevelopment of the Siri Fort Auditorium complex in south Delhi is expected to be completed in around three years, at an approximate cost of Rs.1,950 crore, officials said on Friday. The NBCC (India) Limited has now floated a tender to hire contractors for the job.

HT had reported last month that The National Film Development Corporation (NFDC) and NBCC (India) Limited signed an MoU in July to redevelop the 1982 Asian Games-era complex into five specialised zones - a performance and theatre district, an Indian film and media hub, an immersive heritage gallery, a convention and dialogue forum, and a culinary plaza.

Officials said the 5.5-acre campus will be redeveloped into a multi-zone cultural hub with cutting-edg...