HABIBGANJ, MADHYA PRADESH: Habibganj in Bhopal is one of India’s 8,495 railway stations. So, by the end of the next year, India will see its first railway station developed via a public private partnership (PPP).No. As planned, the construction giant will pump in some initial funds to develop the vicinity of the railway stations and woo at least 30% of potential customers (for commercial buildings) before speeding up the project.Then, there are 12 more stations being anchored by Indian Railway Stations Development Corporation (IRSDC). The idea is to develop not just a railway station but its surrounding as well.As the NBCC is already redeveloping projects in many cities, we were recently given the responsibility of redeveloping 10 railway stations. The railway stations that we are developing are the properties of the Indian Railways.

Source: Economic Times August 05, 2017 18:32 UTC