Adani, GMR, Godrej eye revamp of Chhatrapati Shivaji railway station

Project cost pegged at Rs 1,642 crore for creating a City Centre Rail Mall

Adani Railways Transport, GMR Enterprises, Godrej Properties and Oberoi Realty are some players that have evinced interest in redeveloping the Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station.

ISQ Asia Infrastructure Investments, Kalpataru Power Transmission, Anchorage Infrastructure Investments Holdings, Brookfield Infrastructure Fund IV, Moribus Holdings and Keystone Realtors have also shown interest in the project.

In all, 10 applications have been received by the Indian Railway Stations Development Corporation (IRSDC) for redeveloping the CSMT into a ‘City Centre Rail Mall’.

“This has seen the best participation in recent times in terms of number of applications, when compared to projects like Delhi Airport, Mumbai Airport,