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02-Nov2016

NBCC to redevelop 10 railway stations

State-run real estate company NBCC (India) is likely to invest Rs 5000 crore to redevelop 10 railway stations. Railway ministry plan to redevelop 100 stations into world-class terminals in partnership with corporations is set to get a big start with NBCC picking up 10 stations for revamp. The stations which NBCC has identified are Varanasi, Jaipur, Kota, Sarai Rohilla (Delhi), Thane, Margao (Goa), Bhubaneswar, Lucknow, Tirupati and Puducherry. NBCC will construct commercial and residential spaces on the station land earmarked for development. 

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.


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