The countries largest and most busiest Delhi Raliway station handles approximetly 4.5 lakh passengers daily(approximately 160-170 million passenger annually).
The station handles around 400 trains per day which is expected to further increase due to higher operational effeciencies resulting from the redevelopment and better and utilisation.
Here are some latest 10 updates on the redevelopment plan of New Delhi railway station.
Rail Land Development Authority (RLDA) has invited online bids from private players to redevelop New Delhi Railway Station into an integrated commercial, retail and hospitality hub.
The objective of this ambitious project is to position the New Delhi Railway Station as a multi-model hub through upgradation of the infrastructure and provision of state-of-the-art amenities such as elevated concourse, multi-level car parking and much more to passengers.
The project would be developed on a Design-Build Finance Operate Transfer (DBFOT) model for a concession period of 60 years. The estimated capital expenditure for the project is approximately INR 6,500 crores and is slated to be completed in around four years.
“New Delhi is the national capital and a nerve centre of political, economic and social activities. The city has a glorious past which is impeccably manifested in its ethos, culture, and architectural brilliance. The architectural expression and space configuration of the proposed station estate is envisaged to be a unique blend of historical significance and modernity. New Delhi Railway Station will be transformed into a world-class, one-stop destination for retail, commercial and hospitality business. The development will boost the tourism potential and accentuate real estate as well as investment prospects in New Delhi and surrounding regions,” said Shri Ved Parkash Dudeja, Vice Chairman, RLDA.
The phased redevelopment would involve station redevelopment, development of associated infrastructure, upgradation of social infrastructure as well as refurbishment of railway offices and railway quarters.
Some of the salient features of the planned redevelopment include an elevated concourse with segregation of arriving and departing passengers, refurbished platforms with easy access from the concourse level, mezzanine level exclusively for passenger facilities such as lounges, food courts and restrooms, an elevated road network with multiple entry and exit points, a multi-level car parking facility and Green Building provisions such as optimum use of natural ventilation and lighting.
The project would also include a significant commercial component entailing a mix of retail, office, and hospitality developments such as 5-star hotels, budget hotels and serviced apartments on approximately 30 acres of land.
It also envisages a business district to be located on the outer circle of Connaught Place and near Bhavabhuti Marg, close to Civic Centre. The station will be integrated with DMRC yellow line, airport express line and with the Connaught Place outer circle through a pedestrian boulevard.
The concessionaire will earn revenues from several components including passenger handling fees collected from passengers via ticket sales, revenues from passenger facilities within the station such as retail areas, lounges, parking, advertisement spaces, F&B, etc. and income from the development and lease of the commercial components.
The developer is expected to give an annual concession fee (ACF) (bid variable) to the authority along with a fixed upfront premium.
RLDAis currently working on 62 railway stations in a phased manner while its subsidiary, IRSDC has taken up another 61 stations. In the first phase, RLDA has prioritised prominent stations like New Delhi, Tirupati, Dehradun, Nellore and Puducherry for redevelopment. The railway station in India will be redeveloped on a PPP model as a part of smart city projects launched by GOI.
