This projects provides first class centrally air-conditioned office accommodation in the heart of the city. The corporation rquired 4,000 sq.yards of land for the building. The design was conceived to reflect a feeling of stability in National insurance corporation which is a significant financial institution. Construction was started in 1981 and work in parking, plus eight floors, was completed in 1985 under phase-1 programme. Construction work of nine upper floors which started under phase-2 programme as well in 1985. The structure is a reinforced cement concrete frame with columns, beams and shear walls.