The redevelopment of CSMT station is part of the Railways’ plans to transform stations into ‘Railopolis’ – a mini smart city with mixed-use development where one can live, work, play, and ride, thus attracting huge investment and business opportunities.
NEW DELHI: Companies such as Adani Railways, GMR Enterprises and Oberoi Realty are among nine bidders for the redevelopment of Mumbai’s Chhatrapati Shivaji Maharaj Terminus, the Indian Railway Stations Development Corporation (IRSDC) said Tuesday.
The redevelopment of CSMT station is part of the Railways’ plans to transform stations into ‘Railopolis’ – a mini smart city with mixed-use development where one can live, work, play, and ride, thus attracting huge investment and business opportunities. These redeveloped stations will provide state-of-the-art amenities to passengers and enhance their travel experience.
The other bidders for the iconic station are Godrej Properties Limited, Anchorage Infrastructure Investments Holdings Limited, ISQ Asia Infrastructure Investments Pte Ltd., Kalpataru Power Transmission Ltd., Moribus Holdings Pvt Ltd. and BIF IV Infrastructure Holding DIFC Pvt. Ltd.
“Nine firms have qualified the RFQ (Request for Quotation) stage for the redevelopment of CSMT station. As the next step, IRSDC will float a Request for Proposal (RFP) soon to the qualified bidders. CSMT railway station redevelopment is one of our most ambitious projects and we at IRSDC are committed to transform the CSMT railway station into a state-of-the-art transport hub,” said SK Lohia, Managing Director and CEO, IRSDC.
Read more at: ET Realty
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