Setting up of World Class Railway Terminal
Indian Railway has advertised its plan to redevelop ‘A-1’ and ‘A’ category stations 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. Tirupati station, being an ‘A-1’ category station, is in the list of stations which are proposed to be offered for redevelopment, subject to viability.
Station redevelopment projects are complex in nature and require detailed techno-economic feasibility studies and statutory clearances from local bodies. Therefore, no time frame can be indicated, at this stage, for redevelopment of Tirupati station.
This Press Release is based on the information given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Lok Sabha on 10.08.2016 (Wednesday).