On Thursday, the government has cleared a proposal of redeveloping about 400 railways stations in metros and major cities besides pilgrim centres and tourist spots.
The Prime Minister Narendra Modi chaired Union Cabinet has given its approval for redevelopment of the railway stations on ‘ as is where is’ basis to accelerate the process of revamping them.
The ‘as is where is’ model would involve a much simpler process for faster redevelopment with more focus on vertical expansion.
A government statement said, “The ‘A-1’ and ‘A’ category stations (about 400) shall be offered for redevelopment by inviting open bids from interested parties.
“These stations are to be developed by leveraging real estate development of land and air space in and around the stations”.