The budget also has an overview of the railway station area development a project that was first initiated by the VMC during the construction of the Jan Mahal in 2017.
The famous lane is named after Faramji Cowasji Contractor, the state civil contractor of erstwhile Baroda State. He owned a brick factory and built many of the city's architectural delights, including the iconic dome at Maharaja Sayajirao University's Faculty of Arts.