Railways to Revamp Stations Without Spending a Penny, Read All Information Here

Railways to Revamp Stations Without Spending a Penny, Read All Information Here

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Habibganj: Habibganj in Bhopal is slated to don a new look by end-2018.

 

About Habibganj Station :

* 3,024 Sq m concourse will be built for the passengers to lounge around

* There will be 6 lifts, 11 escalators, 3 travelators, 2 pedestrian subways, 1 parcel corridor, a walkway & a 14,037 Sq m parking area that will accommodate 284 cars, 839 two-wheelers and 5 buses.

* The blueprint of the station with 6,778-sq m landscaping looks stunning on paper

 

You will be surprised to know that Indian Railways will not spend even a single penny for the project

 

* Rs 100 crore that will be needed for redeveloping Habibganj station is being spent by a private player known as Bansal Group of Bhopal.

* Bansal Group has an annual turnover of Rs 2,000 crore with diversified interests in road construction, education, healthcare, mining, iron and steel.

 

In Return

* The group receives 45 year long lease rights for 17,245 Sq m prime railway land where it has been investing another Rs 400 crore to develop a trade centre, a hospital, a convention centre, a budget hotel and a luxury hotel, with a built-up area of 13-lakh sq ft.

* “We are targeting completion of the redevelopment by the end of the next year, even if our contract allows us to drag the project on till December 2019,” says Mohammad Abu Asif, a construction manager of the Bansal group overseeing the Habibganj station development.

* So, by the end of the next year, India will see its first railway station developed via a public private partnership (PPP).

 

Habibganj Station Makeover

* No. of escalators: 11

* No. of walkway: 1

* No. of lifts: 6

* No. of travelators: 3

* No. of parcel corridor: 1

* No. of pedestrian subways: 2

 

* The defence sector is India’s second largest landlord with 4.76 lakh hectares.

* With 7.5 lakh hectares, is the largest — has identified 1,092 hectares of vacant land in the vicinity of 400 stations, which are on its priority list for modernization.

* IR still possesses 51,648 hectares of vacant land, despite three fourths of railway land being used up for tracks and structures and another 862 hectares under encroachment, according to data available till March 31st.

* But IR can use only 10,000 hectares for commercial development, the rest being vacant land along the railway tracks, which renders itself unusable for commercial exploitation.

 

More to Know About the Station Redevelopment Project:

* Most of the stations are being redeveloped under PPP mode by modifying the Swiss challenge model.

* Companies which showed interest includes IL&FS, GMR, Tata Realty & Infrastructure, Brigade Group, Mantri Developers, Raheja, Shapoorji Pallonji, Reliance Infra, Lanco Infratech, Essel Group.

* Countries which shown interest in the project are Malaysia, UK, South Korea and France

* Boston Consulting Group is preparing the overall strategy; EY also roped in.

 

* “The railways wanted to give us 40 to 50 more stations, but we want to first experiment with 10 stations before becoming ambitious,” says Anoop Kumar Mittal, chairman and managing director of NBCC.

* There are 12 more stations being anchored by Indian Railway Stations Development Corporation (IRSDC). These includes

– Habibganj

– Gandhinagar

– Bijwasan

– Anand Vihar

* The CEO of IRSDC, Sanjeev Kumar Lohia says “The stations and their surroundings will be world class. For example, there will be an 11-storied luxury hotel built on floating slabs in Gandhinagar station.

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