Only four firms submit bids for redevelopment of Mumbai's CSMT station

21 Mar 2023 CW Team

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station.

Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies.

"The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened," a government official familiar with the situation said.

The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder.

The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official.

"Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round," the second official said.

He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise.

The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore.

The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products.

Also Read
3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24
Power plants in Delhi fails to adhere to biomass co-firing policy

Only four companies have submitted bids for the Rs 1,800 crore redevelopment of Mumbai's UNESCO-listed Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station. Larsen and Toubro (L&T), Afcons Infrastructure, Ahluwalia Contracts, and Nagarjuna Construction are the companies. The technical evaluation of the four submitted bids will be completed in the coming weeks, after which the financial bids will be opened, a government official familiar with the situation said. The Rail Land Development Authority (RLDA) has called for bids to redevelop the iconic Mumbai station. The redevelopment of CSMT will be carried out using a hybrid annuity model, in which the railways will initially invest 40% of the cost and the developer will invest the remainder. The RLDA held the first pre-bid meeting for the redevelopment of CSMT in November, followed by a second round of meetings in December. A Request for Quotation (RFQ) had previously been issued, and nine bidders qualified, according to a second government official. Previously bidders for the redevelopment of CSMT station, such as Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP, and Assystem Stup, have not submitted bids in the current round, the second official said. He went on to say that the previous RFQ was scrapped because the government changed the tender process to allow more bidders to participate in the exercise. The federal cabinet approved redevelopment proposals for three major railway stations - New Delhi Railway Station, Ahmedabad Railway Station, and CSMT - in September 2022, at an estimated cost of Rs 10,000 crore. The redeveloped station will be a green building that uses solar energy, conserves water and recycles it, has a sewage treatment plant, and a solid waste management system. The renovated CSMT station will include a large roof plaza with all passenger amenities in one location, as well as space for retail stores, cafeterias, and recreational facilities. There will be a food court, a waiting lounge, and a location for local products. Also Read 3,000 km roads; 9 bridges to be constructed by Odisha Govt in 2023-24 Power plants in Delhi fails to adhere to biomass co-firing policy

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Real Estate

01 Dec 2025

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Infrastructure Energy

03 Dec 2025

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..