New Delhi: Indian trains have coaled the plan to rebuild New Delhi Station by holding a commercial development section of the development of the core station.
Commercial development involving real estate will be taken in the second phase while station infrastructure includes increasing passenger facilities, parking lots and core areas of the station building will be carried out in the first phase, said source.
They also said the train would take rebuilding on the model of manufacturing hybrid and transferring (BOT) where national transporters would pay 40% of project costs during construction.
Personal players must invest 60% left and the train will pay back this number by recepted more than 26 years.
The National Highways Authority of India (NHAI) has adopted the NH development model known as the Hybrid Anuity Model (HAM).
The source said the authority of the railroad land development (RLDA) made a detailed presentation before the Ashwini Vaishnaw Union Railway Minister on Friday.
Because the train will pay all investments in installments and thus minimize the risk of private investors, the user costs proposed to be charged from passengers will come to the national transporter.
According to the plan, a double dome architectural structure of 450 meters long and 80 meters high will appear at the station.
The total cost is estimated at around Rs 4470 Crore.
There will be 25 floors of high twin fleas, which will be known as the infinity tower, will cover all 16 station platforms.
Train to Delink Core New Delhi Station Redevelopment from Real Estate
