Date of Post: 13 Nov, 2017
New Delhi: The RLDA (Rail Land Development Authority) & NBCC signed a Memorandum of Understanding under which 10 railway stations are to be redeveloped with airport-like amenities at a cost of Rs 5,000 Crore (approx US$ 763 Million). The completion deadline for the project’s is 2020.
The 10 Stations Are-
- Delhi Sarai Rohilla
- Gomti Nagar
- The project is aimed to be completed 2 to 2-and-a-half years and the monetization is intended to be done via ‘commercial exploitation’ of the land which is provided by the railways.
- The infra company will help in redeveloping the platforms, lounges, ticketing counters, parking & other amenities at the railway stations.
- NBCC will also be given the monetization rights for the stations’ land for a period of 45 years.
- The state-run firm will be allowed to build or lease land to hotels, malls, multiplexes, corporates and even for residential purpose.