Real estate & Railways set to boost Jammu Tawi Railway Station
In a major push towards facilitating consumers to avail better services from the Indian Railways, seven major real estate players have shown interests in redeveloping railway stations at Jammu and Faridabad. As a part of the development plan, while new hotels, eateries, parking spaces will be constructed at the Jammu railway station, reports Financial Express.
Authorities have made plans to build more hotelsto cater the the growing demand from tourists that visit Jammu profusely. According to the plan, the selected developers are expected to pay Railways about Rs 75 crore for Jammu. Railways has offered 23 stations including Jammu to be redeveloped with private participation in the first phase. There are a total of 407 stations on offer for private players in the mega redevelopment plan.
Bids for the Jammu Rly Station will open on May 17 this year. The selected developers will get lease of stations for 45 years after bagging the contract.