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    Urban Development Ministry signs MoU to redevelop railway stations

    Railways station redevelopment plan

    A memorandum of understanding has been signed between urban development ministry and Indian Railways to redevelop 100 railway stations on the lines of smart cities. A beginning would be made in the 100 smart cities and then extended to over 500 cities under AMRUT and HRIDAY schemes of the urban development ministry. Railway station and the adjoining area in each of these cities will be redeveloped on the lines of Area Based Development. The proposed redevelopment involving railway stations envisages improving passenger amenities, easy access to stations, integrated public transport hub, waiting halls and other amenities for passengers, development of residential and commercial spaces, land scaping. The urban development ministry will first redevelop 10 model stations in cities including Prime Minister, Narendra Modi’s Varanasi constituency, Delhi’s Sarai Rohilla, Bhubaneswar, Lucknow, Jaipur, Kota, Thane, Margao (Goa), Tirupati and Puducherry. The MoU proposes two joint venture options for speedy redevelopment of railway station centred areas. While the Railways takes the responsibility of forming Joint Ventures, the urban development ministry will work with the states and urban local bodies for integrating railway station redevelopment as part of smart city development plans.

    Source: realty.economictimes.indiatimes.com
    Image source: Network Rail


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