The project has been planned at an estimated cost over Rs.25,000crore ( USD 4 Billion). Department for Promotion of Industry and internal Trade (DPIIT) has set up a 100% Government owned company – India International Convention & Exhibition Centre (IICC) Limited which is implementing the project. The project will be developed in two Phases. Phase-I to be completed by July 2023 with Convention Centre and Two Exhibition Halls with adjoining Foyer and related support facilities. Phase-II will be completed with construction of 3 Exhibition Complexes, Hotels, Retail, Office space and Metro connectivity