10 firms show interest for Mumbai’s CSMT redevelopment plan


MUMBAI (Metro Rail News): Ten firms including Adani Railways Transport, Godrej Properties, Oberoi Realty have shown interest in the redevelopment of Chhatrapati Shivaji Maharaj Terminus (CSMT). The Indian Railways Stations Development Corporation (ISRDC), which will be undertaking the redevelopment work of CSMT at cost of ₹1,642 crore, had called for request for qualification (RFQ) in August 2020. The redevelopment work of the terminus is likely to start from December 2021 and is expected to be completed by 2025  according to a news report by HT.
Firms which submitted RFQ include Adani Railways Transport, Godrej Properties, Oberoi Realty, ISQ Asia Infrastructure Investments, Kalpataru Power Transmission Ltd, Anchorage Infrastructure Investments Holdings Ltd, Brookfield Infrastructure Fund IV, Moribus Holdings Pte Ltd, and Keystone Realtors Pvt Ltd.

“The work on the redevelopment of the terminus will start by December 2021 or early 2022. A detailed project report (DPR) will be prepared and permissions required from the heritage committee will be sought. Initially, the work will be done on the outstation train side of the terminus and later on the suburban section,”  SK Lohia, managing director, IRSDC was quoted saying by HT. 

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