The cabinet also approved construction of a skywalk and an underpass at the junction of B J Marg in South Delhi and a skywalk at an estimated cost of Rs 103 crore.
The cabinet also gave its nod for the second phase of construction of Indraprastha Institute of Information Technology, Delhi, at an estimated cost of 250 crore in Okhla Phase III.
The Phase-II expansion will be carried out over an area of 62,000 sq meter within three years.
