The Baiyappanahalli railway terminal will soon be developed with amenities and a design that will match any swanky airport. The Railways will monetise a part of its land at Baiyappanahalli to raise the Rs 250 crore for this project.
Once ready “in the next 3 to 4 years,” it will be the third-busiest railway station in the city after the KSR Railway Station in Majestic and Yeshwantapur railway station.
The Indian Railway Stations Development Corporation (IRSDC), a special purpose vehicle tasked with developing stations across the country, has come up with the plan. The “airport-like station,” senior officials of IRSDC said, will come up at the coaching terminal near Baiyappanahalli station where the Railways owns 132 acres of land.
“The bidder who agrees to build the station with an investment of Rs 250 crore and offers to provide the highest premium (upfront) will get about 30 acres Read More
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