Encroachment of land can also be stopped
Apart from this, Railways have also taken out bids for three different plots of Chennai. This work is being done by a railway company, Rail Land Development Authority ie Rail Land Development Authority. Overall, RLDA is going to lease 84 railway land across the country. It is believed that this will also open the way of earning from the useless land of the railways and will also prevent encroachment of its land.
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Plan for redevelopment of 62 stations
RLDA has also made a plan for the redevelopment of 62 stations across the country. At the same time, RLDA is also going to redevelop 84 railway colony across the country. This work will also be completed with the help of private partners. Apart from this, Indian Railway Station Development Corporation (IRSDC), a railway company, is also working on the redevelopment of 61 railway stations. At these stations, things like commercial hubs, hotels, malls, restaurants, shopping complexes will be prepared on PPP mode.
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These stations include stations like Gandhinagar, Habibganj, New Delhi, Mumbai VT, Chandigarh, Tirupati, Charbagh. The work of Gandhi Nagar in Gujarat and Habibganj station in Bhopal is also almost complete. The objective of the railway is to increase its earnings along with the redevelopment of the station with the help of private partners.