Around 10 real estate developers, including a Japanese company, have shown interest in the Indian Railways’ station re-development programme for Chennai Central railway station. Representatives of the companies attended a pre-bid meeting organised by Southern Railway on Friday.
The area around the station is going to be developed in sync with the Central Square which is being planned by Chennai metro rail (CMRL). The station redevelopment plan envisages tendering vacant land around stations to private developers who will be allowed to build hotels, office-space and food plazas so that the station will become the nerve centre of the city. The license fee earned from this will be used to build better passenger amenities in the station.
Read more: Times of India
