July 17, 2024

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All you need to know about the New Delhi Railway Station redevelopment plan

The Railway Land Development Authority (RLDA) has invited bids from non-public developers for the redevelopment of New Delhi Railway Station (NDLS) into a world-course railway station. The very first stage of this task will involve advancement on about a hundred and ten acres of land.

Dependent on the preliminary bid, the task will involve a blend of retail, business office, and hospitality developments in an region in close proximity to central Delhi’s Connaught Place (CP). The Rs 6,500-crore task will consequence in commercialisation of a 230,000-square-metre (sq mt) region, a flyover to decongest targeted traffic at CP, the redevelopment of a stadium, and reconstruction of a few railway colonies in close proximity to the station.

When did it all start?

Terry Farrell and Partners, a Hong Kong-based mostly architectural agency, submitted a learn prepare in 2006. This bundled a task of 16 industrial towers from the Paharganj conclusion of the station to the CP conclusion. Nonetheless, the task did not choose off as the proposal necessary the station’s shutdown for quite a few months, the inclusion of a property, and the prepared 460,000 sq mt of industrial place extending up to CP – all of these confronted objections from the Delhi Development Authority (DDA).

On February eight, 2008, at the very least 35 providers — including Reliance Vitality, GMR, DLF and Videocon Industries — also expressed desire in modernising the station. The task, which was witnessed as a showpiece ahead of the Commonwealth Video games in 2010, was again dropped after objections from the DDA.

What the new station will glimpse like?

The goal is to make improvements to the infrastructure to provide effective motion of targeted traffic and pedestrians to and from NDLS, offer you condition-of-the-artwork services for passengers, and establish NDLS into an integrated advancement with industrial, retail and hospitality elements in the heart of the national funds.

The revamp of the NDLS station will comprise station redevelopment (about 310,000 sq m), a new elevated concourse, renovation of 16 platforms, refurbishing the present station properties, the advancement of affiliated infrastructure, an elevated access road network, and a multi-level auto parking (with other affiliated elements to be formulated and handed around to Northern Railways), railway quarters on 40,000 sq m of land, railway offices on forty two,000 sq m and social infrastructure across close to 7,800 sq m.

Salient characteristics of the prepared redevelopment

Some of the salient characteristics of the prepared redevelopment are an elevated concourse with segregation of arriving and departing passengers, refurbished platforms with simple access from the concourse level, a mezzanine level solely for passenger services like lounges, food stuff courts and restrooms, an elevated road network with various entry and exit details, and a multi-level auto parking facility.

To make the task monetarily practical for a non-public participant, the task would also involve a major industrial part entailing a blend of retail, business office and hospitality developments on about 30 acres. This includes seventy two,500 sq m of retail place, a 35,000 sqm resort, and 103,000 sq m of business office place.

Expected investment decision

The funds expenditure for the full task is approximated at close to Rs 6,500 crore, of which around Rs 5,000 crore is expected to be incurred on station redevelopment and affiliated elements. The task will be specified out on a Design Establish Finance Run Transfer (DBFOT) foundation for a concession interval of sixty several years to a non-public developer or consortium that will be chosen by way of a competitive bidding approach.

The chosen concessionaire will be able to generate revenues from quite a few elements of the task, including passenger-managing fees gathered from passengers through ticket sales, revenues from passenger services inside the station, this kind of as retail parts, lounges, parking, advertisement areas, food stuff & beverages, and so forth, aside from profits from the advancement and lease of industrial elements.

By December 2020, the authority aims to contact bids for execution from chosen bidders. The task is expected to be done around 4 several years after signing of the concession arrangement.