Railways issues tender to develop Mumbai's CST station, seeks pvt firms

The estimated cost of the project is around Rs 1,642 crore, says company entrusted with bids

The Indian Railways has floated a tender to redevelop Mumbai's Chhatrapati Shivaji Maharaj Terminus (Mumbai) station with private participation, expecting to see investments to the tune of around Rs 1,642 crore.

Built-in 1887, the station was declared a UNESCO World Heritage Site in 2004 and had a footfall of over a million people a day before restrictions to. The site is also the headquarters of Central Railways. Earlier, there were reservations from the state government regarding the redevelopment of the station. 

“The estimated cost of the project is around Rs 1,642 crore. Out of this, the construction cost will be