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Read more about Godrej Properties, Oberoi Realty may not place final bids for CSTM revamp on Business Standard. The project has long-term lease rights of up to 99 years for residential or mixed use and 60 years for non-residential formats.
Read more about Adani, GMR among firms in next round for Mumbai s CSMT rly station revamp on Business Standard. Redevelopment cost pegged at Rs 1,642 cr; project to be executed on design, build, finance, operate and transfer (DBFOT)-basis
The Indian Railway Stations Development Corporation (IRSDC) has shortlisted 9 bidders for the proposed redevelopment of the 133-year old Chhatrapati Shivaji Maharaj Terminus (CSMT), a UNESCO World Heritage site, an official said on Tuesday.The .
These redeveloped stations will provide state-of-the-art amenities to passengers
Mumbai:
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.