Indian Railway has advertised its plan to redevelop ‘A-1’ and ‘A’ category stations (about 400 in number) on ‘as is where is’ basis, by inviting proposals from developers with their designs and business ideas. The entire cost of station redevelopment is to be met by leveraging commercial development of land and air space in and around the stations.
In addition to above, redevelopment of eight stations viz., Anand Vihar, Bijwasan, Chandigarh, Gandhinagar, Habibganj (Bhopal), Shivaji Nagar (Pune), SAS Nagar (Mohali) and Surat has been entrusted to Indian Railway Station Development Corporation Ltd., which is subsidiary of Rail Land Development Authority and IRCON. Letter of Acceptance has been issued for Habibganj station and Request for Qualification (RFQ) for Anand Vihar has been finalized. RFQ for Bijwasan station has been opened. This is already covered under RLDA regulations.