RLDA is working on the reconstruction of the Gomti Nagar Railway Station in Lucknow in partnership with NBCC on EPC mode.
Lucknow's Gomti Nagar Railway Station, which is being reconstructed by the Rail Land Development Authority (RLDA), will soon be a reality as its design has been approved by the Indian Institute of Technology-Delhi (IIT-Delhi) with RERA registration. The redevelopment is being executed under the authority of the RLDA in partnership with NBCC on EPC mode, who will collectively transform this vacant railway land for commercial use to generate revenue by non-tariff measures.
The Redevelopment Model
The Gomti Nagar Railway Terminus (GTNR) is an under-construction railway terminus on the Barabanki-Lucknow Suburban Railway line in Lucknow which, at present has 3 platforms, while another 3 are in the pipeline. The railways approximately have 38 acres of land at the Gomti Nagar Railway Station, of which eight acres is being utilised for both station re-development, retail and commercial development.
The property has frontage on Gomti Nagar Main Road, which further connects Shaheed Path and Pandera. On the other side, a second new entry Railway Station Terminal building is being developed as a part of the project. Presently two commercial towers, Block R1 and Block R2 having combined built up area of 4,53,000 square feet are being offered by NBCC as a part of commercial development that will comprise retail outlets, parking etc. The average lease price is pegged at ₹6,625 per square feet for Block R1 and ₹5,900 per sq ft for Block R2.
State of art amenities for commuters at Lucknow's Gomti Nagar Station
The Vice-Chairman of the RLDA has pointed out that Gomti Nagar is rapidly emerging as the city's new commercial and retail hub, and the strategic location of the railway station in the radially panned area, has excellent connectivity to other parts of the city. The RLDA authorities have therefore have identified the strategic need to improve last-mile connectivity in the city of Lucknow and have undertaken the task to redevelop the Gomti Nagar Railway Station.
The Vice President has also stated that the commercial space being constructed for lease sale of 60 years is in the close vicinity of Hyatt Hotel and the new DLF shopping cum office plaza. "The aim of the Gomti Nagar Railway station redevelopment project is to equip it with state-of-the-art amenities to offer convenience to commuters besides upgrading it in line with global standards and to offer commercial space for boosting economic activities in the area. The re-development will boost real estate as well as the local economy," the RLDA Vice Chairman added.
According to RLDA officials, the total construction cost is estimated to be Rs 360 crore out of which Rs 190 crore have been sanctioned for station development, while the remainder Rs 170 crore will be dedicated to developing the area commercially, including two years of maintenance.
Two Phased Development Project:
RLDA officials said that the redevelopment involves two phases. The first phase will focus on the mandatory station development comprising station buildings, air concourse, food courts, renovation of platforms and utilities. All other commercial development plans, including retail, basement parking and external development will be undertaken in the second phase of the redevelopment project.
The new station will be equipped with amenities such as segregation of arrival and departure, basement parking, CCTV surveillance, centrally air-conditioned common spaces, an integrated building management system, treated water for horticulture use and much more.
-With inputs from IANS