New Delhi Railway Station to Be World-Class Transport Hub

New Delhi Railway Station to Be World-Class Transport Hub
Sep 2020 , by , in Latest News, News/Views

Piyush Goyal-led Indian Railways is looking to transform the New Deli railway station into a world-class multi-modal transport hub in the coming years. For the redevelopment of an area of five lakh square metres at the New Delhi railway station and another 2.6 lakh square metres surrounding the station for commercial purposes, Indian Railways’ RLDA has invited bids from private players.

The project was likely to be completed in around four years at an estimated cost of Rs 4,925 crore. The station redevelopment project involves redeveloping the iconic station, relocation of railway offices and buildings, road connections through flyovers, as well as creating social infrastructure.

The development will include commercial developments such as hotels, offices, retail, as well as service apartments at designated locations. The station redevelopment project involves redeveloping the iconic station, relocation of railway offices and buildings, road connections through flyovers, as well as creating social infrastructure. It will be transformed into a world-class, one-stop destination for commercial, retail as well as hospitality business. With this project, tourism will get a boost, and also, it will accentuate real estate and investment prospects in the national capital and surrounding regions.

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