Rlys looking to build on station roof tops

As land acquisition becomes a contentious issue, the Railways are contemplating monetising station rooftops, as part of its overall strategy to commercially exploit railway land to garner additional revenue. A pilot project for this could be undertaken in the Mumbai suburban system, which has about 51 stations with 6.27 lakh square metre space. “The average roof area per station is 12,300 square metre. By just providing a ten per cent built up area (1250 square metre) to developers, railways can cover the average cost of construction and renovation of all stations,” says a proposal submitted to the Ministry.

http://www.thehindubusinessline.com/…ue&ref=wl_home

Published in: on February 20, 2012 at 7:40 am  Leave a Comment  
Tags: ,

The URI to TrackBack this entry is: https://indianrlys.wordpress.com/2012/02/20/rlys-looking-to-build-on-station-roof-tops/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: