Railway stations in 15 cities could soon offer residential apartments as part of a larger plan to redevelop them. These stations include New Delhi, Thane near Mumbai, and Howrah near Kolkata. The Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment.
As part of this plan, the Railways would identify 20 per cent of the redeveloped area for residential purposes. The remaining 80 per cent area would be utilised for commercial purposes. This would mean that the developers tying up with the Indian Railway Stations Development Corporation (IRSDC) would ...
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