Chandigarh rly station revamp delayed

11 Mar 2021 CW Staff

The Chandigarh railway station redevelopment project, a part of the Indian Railways redevelopment drive, has been stretched by a year.

Ambala Divisional Railway Manager (DRM) Gurinder Mohan Singh told media sources that the project has been kept on hold for another year. The tenders have been invited, but the contractor has demanded some revisions in expenditure and labour availability, said Singh.

Last month, the Indian Railway Stations Development Corporation Ltd (IRSDC) had invited a Request for Proposal (RFP) to lease vacant land parcels up to 99 years for mixed use development as part of the Chandigarh Railway Station redevelopment project.

The bids are for four land parcels—17,890 square metre (sq m), 15,027 sq m, 12,427 sq m and 11,347 sq m spanning across 56,691 sq m of land, with a total allowable built-up area (BUA) of 232,341 sq m. According to IRSDC, interested parties can bid for all the four land parcels or can also bid for individual land parcels, depending on their choice. Alternative Investment Funds (AIF), or Foreign Investment Funds (FIF), can also participate in the bidding process.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The project was approved in 2014, after which Indian Railway Stations Development Corporation Limited (IRSDC) was constituted, and a Special Purpose Vehicle (SPV) took over the railway station in 2019.

The Ministry of Railways (MoR) has initiated the redevelopment of railway stations programmed across India, driven by the participation of private players as a part of public-private partnership (PPP) projects.

Currently, the redevelopment of 123 stations is in progress and out of this, Rail Land Development Authority (RLDA) is working on 62 stations, and IRSDC is working on 61 stations. According to current estimates, the total investment required for the redevelopment of 123 stations along with real estate development is about Rs 50,000 crore, according to IRSDC.

Image Source

Also read: Bids received for New Delhi rly station redevelopment

Also read: RLDA is developing 62 stations on PPP mode: VC

The Chandigarh railway station redevelopment project, a part of the Indian Railways redevelopment drive, has been stretched by a year. Ambala Divisional Railway Manager (DRM) Gurinder Mohan Singh told media sources that the project has been kept on hold for another year. The tenders have been invited, but the contractor has demanded some revisions in expenditure and labour availability, said Singh. Last month, the Indian Railway Stations Development Corporation Ltd (IRSDC) had invited a Request for Proposal (RFP) to lease vacant land parcels up to 99 years for mixed use development as part of the Chandigarh Railway Station redevelopment project. The bids are for four land parcels—17,890 square metre (sq m), 15,027 sq m, 12,427 sq m and 11,347 sq m spanning across 56,691 sq m of land, with a total allowable built-up area (BUA) of 232,341 sq m. According to IRSDC, interested parties can bid for all the four land parcels or can also bid for individual land parcels, depending on their choice. Alternative Investment Funds (AIF), or Foreign Investment Funds (FIF), can also participate in the bidding process.4th Indian Cement Review Conference 202117-18 March Click for event info The project was approved in 2014, after which Indian Railway Stations Development Corporation Limited (IRSDC) was constituted, and a Special Purpose Vehicle (SPV) took over the railway station in 2019. The Ministry of Railways (MoR) has initiated the redevelopment of railway stations programmed across India, driven by the participation of private players as a part of public-private partnership (PPP) projects. Currently, the redevelopment of 123 stations is in progress and out of this, Rail Land Development Authority (RLDA) is working on 62 stations, and IRSDC is working on 61 stations. According to current estimates, the total investment required for the redevelopment of 123 stations along with real estate development is about Rs 50,000 crore, according to IRSDC. Image Source Also read: Bids received for New Delhi rly station redevelopment Also read: RLDA is developing 62 stations on PPP mode: VC

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..