The State Bank of India (SBI) building in Chandni Chowk is extremely valuable and has multiple layers of history. Standing 70 feet tall with a Palladian façade spanning 120 feet at the entrance to Chandni Chowk, it is architecturally one of the most significant 19th century buildings in Chandni Chowk. Over the years adhoc alterations and additions were carried out, resulting in disfiguring the historic character of this building. Discussions between INTACH Delhi Chapter and SBI resulted in an agreement in 2002 to restore the façade of the building. The work commenced towards the end of 2003 and was completed in March 2004 at a total cost of Rs. 13.40 lacs.
The façade restoration, though a small step, has been a positive step towards the conservation of Chandni Chowk. For example, the Municipal Corporation of Delhi (MCD) issued letters to other bank buildings on the street to follow suit.
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