The complex, 'Rashtriya Smriti', will be constructed as the government has decided to do away with the practice of having separate memorials for VVIPs in view of paucity of space in the national capital.
The complex is to be constructed by the Central Public Works Department (CPWD) within 18 months after various clearances at an estimated cost of Rs 37 crore.
The decision to build a common complex was taken by the Union Cabinet last week considering that fact that about 245 acres of prime land is already occupied by separate memorials of national leaders like Mahatma Gandhi, Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi.
Earlier in the week, the Cabinet had given its approval to the construction of the 'Rashtriya Smriti' as there was paucity of land in the samadhis complex for construction of individual memorials.
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"The decision to construct a common memorial is a far sighted one. And now the CPWD with help from the ministry would work for the creation of a place that is where people can come with there families and pay homage," Krishna said.
"Primarily the work that is required to be done is related to the landscaping of the area as not too much construction activity is needed as per the plan that the CPWD is presently looking at," an official said.