The “airport-like station,” senior officials of IRSDC said, will come up at the coaching terminal near Baiyappanahalli station where the Railways owns 132 acres of land.
BENGALURU: The Baiyappanahalli railway terminal will soon be developed with amenities and a design that will match any swanky airport. The Railways will monetise a part of its land at Baiyappanahalli to raise the Rs 250 crore for this project.
Once ready “in the next 3 to 4 years,” it will be the third-busiest railway station in the city after the KSR Railway Station in Majestic and Yeshwantapur railway station.
The Indian Railway Stations Development Corporation (IRSDC), a special purpose vehicle tasked with developing stations across the country, has come up with the plan. The “airport-like station,” senior officials of IRSDC said, will come up at the coaching terminal near Baiyappanahalli station where the Railways owns 132 acres of land.
“The bidder who agrees to build the station with an investment of Rs 250 crore and offers to provide the highest premium (upfront) will get about 30 acres of land for commercial development on lease for a period of 99 years,” Ashwani Kumar, general manager (works), at IRSDC, said. The 30 acres of land, he said, has a built-up area of about 26 lakh square feet and can be used to create residential houses or office spaces.
Kumar was part of the three-member team that flew in from New Delhi to interact with real estate developers and city corporation officials on Monday. The team sought feedback from various stakeholders as it is in the process of finalising the tender documents for the project.
The team also presented a basic design of what could be created on the 30 acres. Other than the railway station itself, which will be designed like a butterfly, the 30-acre land could have 12-15 independent buildings each consisting of 12 floors and 30,000 square metres built-up area. “The bidder can redesign the land for commercial development but the bidder will have to follow our design on redeveloping the station,” Kumar said.
He said the area plan at Baiyappanahalli was finalised keeping in mind Railways’ future expansion. They were looking 40 years ahead, he said.
Besides the Rs 250-crore investment towards building the station, the developer will have to pay a premium for the Railways land. “The bidder who offers the highest bidding price gets the work. We have not estimated the base premium price as it will be decided during the preparation of request for proposal (RFP), which is the second stage,” said V Sridhar, general manager, IRSDC (Bengaluru).
Suburban rail activist Sanjeev Dyamannavar, who attended the meeting, raised concerns over access to the proposed station and the possible clash with the under-construction coaching terminal at Baiyappanahalli. Officials said those issues were discussed with the BBMP and South Western Railway.
Currently, the IRSDC has undertaken two railways stations for redevelopment: Habibganj in Madhya Pradesh and Gandhinagar in Gujarat. Both projects are under construction. Baiyappanahalli is among 13 railway stations that are in the planning stages. Work is expected to begin end of next year.