India, Dec. 10 -- The Delhi Transport Corporation (DTC) and the Delhi State Industrial & Infrastructure Development Corporation (DSIIDC) on Tuesday signed a Memorandum of Understanding (MoU) for the development and construction of a modern DTC headquarters at the IP Bus Depot.

The project, estimated at Rs 207 crore and spread across 26,015.78 square metres (2.6 hectares), aims to replace the existing DTC office, which has been assessed as structurally outdated and inadequate to support the operational needs of Delhi's rapidly expanding transport network. The overall site spans 26,015.78 sq. m, including an operational area of 12,234.54 sq. m and a dedicated 6,158 sq. m space for constructing the new DTC headquarters. In line with sustain...