Surat Metro Rail Corporation (SMRC) is in process of finalising the alignment near Sarsana convention centre. Once that is through, tenders will be issued. In the initial phase, work on 10 metro rail stations on elevated rail costing roughly Rs 250 crore per station will be taken up.
Surat metro rail project is a Rs 12,020 crore project, under which, 40km metro rail infrastructure in two corridors will be set up in three year time. Under the revised Detailed Project Report (DPR) development of four of the 38 rail stations on 40.35km-long two corridors will be done by the local body on PPP basis. The cost of development of a station is estimated at Rs 111 crore.
The four elevated stations that SMC will develop include Rupali Canal and Althan Tenement stations on corridor no-1 and Aquarium and Athwa Chowpatty stations in corridor no-2. By the sale of additional FSI, SMC to develop around four stations. They will look at an additional income of Rs 1,343 crore. SMC will get private partners for the development of all the four stations.