CMRL Seeks Expert Help for Development

08 Aug 2024 CW Team

The Chennai Metro Rail Limited (CMRL) has initiated a search for expert consultancy to aid in the commercial development of metro properties in Chennai. This move aims to maximize the potential of CMRL's assets and create new revenue streams through strategic commercial initiatives.

The consultancy will focus on several key areas, including the development of commercial spaces within metro stations, integration of retail and office spaces, and optimization of land use around metro corridors. The goal is to enhance the commercial viability of metro properties while ensuring that these developments complement and support the metro's operational objectives.

Expert advice is sought to guide CMRL in identifying and implementing best practices for commercial development, leveraging opportunities for partnership with private entities, and ensuring that projects align with urban planning and development goals. The consultancy will also help in designing and executing strategies that boost commercial revenues and improve overall service quality.

This initiative reflects CMRL's commitment to not only expanding and enhancing the metro network but also to maximizing the value of its real estate assets. By engaging experts in commercial development, CMRL aims to create a more integrated and economically sustainable metro system.

The outcomes of this consultancy are expected to contribute significantly to Chennai's urban development, improving connectivity and providing additional services and amenities for metro users and the broader community.

Infrastructure Urban

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