The Reserve Bank is looking for new premises for its office and residential complex in Shimla near the famous Ridge on Mall Road. Currently, the central bank functions from SDA Complex Basement 1, Kasumpti, in Shimla in Himachal Pradesh. RBI has invited expression of interest (EoI) for acquiring land or premises (with or without constructed structure of up to 3,000 sq metre built-up area and land area of approximately 15,000 to 20,000 sq metre) for its proposed office building and residential complex. “The property should be located in Shimla within an approximate radius of 4 km from Ridge on Mall Road, Shimla, with adequate road access,” the central bank said.
Read more: Economic Times