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Government plans to open about 20 million sqft real estate, attracting investment of Rs 50,000 crore


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Government plans to open about 20 million sqft real estate, attracting investment of Rs 50,000 crore
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Government plans to open about 20 million sqft real estate, attracting investment of Rs 50,000 croreBy
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Indian Railway Stations Development Corporation said stations in Habibganj, MP and Gandhi Nagar, Gujarat, will offer space for retail, office spaces and food & beverage set-ups.
PTI
Of the 123 stations currently available for redevelopment, the railway aims to issue tenders for 50 by March 2021.
Habibganj in Madhya Pradesh (MP) and Gandhi Nagar in Gujarat will be India’s first railway stations to be operationalised under the public-private partnership scheme as the Indian Railways sets in motion its ambitious station redevelopment plan. ....

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Chhatrapati Shivaji Maharaj Terminus redevelopment: 10 firms submit qualifying bids


January 15, 2021
GMR Enterprises, Kalpataru Power Transmission, Adani Railways Transport among bidders
Ten firms,including GMR Enterprises, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission, Anchorage Infrastructure Investments Holdings, Adani Railways Transport, Brookfield Infrastructure Fund, have submitted qualifying bids for redeveloping Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai. Other bidders are Moribus Holdings, Godrej Properties, Keystone Realtors and Oberoi Realty, said a IRSDC statement.
Indian Railway Stations Development Corporation Ltd (IRSDC) invited Request for Qualification (RFQ) for redevelopment of CSMT on public private partnership basis on August 20, 2020, after ‘in principle’ approval of the Public Private Partnership Appraisal Committee (PPPAC), the release added.
The redevelopment cost of the station (mandatory cost) including the cost of financing and contingency is ₹1,642 crore. The project will be undertaken ....

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