Rail Land Development Authority to redevelop Panipat railway station – ET RealEstate

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NEW DELHI: Rail Land Development Authority (RLDA) will redevelop Panipat railway station, which include conversion of existing double-storeyed railway colony into multi-storey buildings wherein spare vacant land will be given to developers for commercial development.

According to the authority, objective of the redevelopment is to upgrade it in line with global standards and offer state-of-art amenities for the convenience of commuters.

The entire project will be redeveloped on the Public-Private Partnership model (PPP).

Panipat railway station is a major junction in Delhi-NCR area and serves the industrial town of Panipat. The station has stoppage of 118 trains with a daily passenger footfall of 40,000. It is a category ‘A’ station with five platforms.

“Panipat railway station serves the historic and industrial town of Panipat. The project aims to upgrade it without diluting its historical significance. The development will bolster real estate prospects and start a wave of modern development around this area to create a win-win situation for all the stake holders,” said Ved Parkash Dudeja, Vice- Chairman, Rail Land Development Authority.

RLDA has engaged Delhi Integrated Multi-Modal Transit System Ltd (DIMTS), a Joint Venture of Government of National Capital Territory of Delhi and IDFC Foundation for conducting a feasibility study, detailed master planning, urban designing, engineering & preparation of detailed project report (DPR) for the project.

The RFQ for the project is expected to be floated in next six months in which all the parameters for the redevelopment be made available to the developers.

RLDA is currently working on 62 stations in a phased manner while its subsidiary, IRSDC has taken up another 61 stations.

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