2 weeks ago
Railways To Take Over Station Commercial Rights From October 16
A big change is happening at the train stations in Navi Mumbai, a city near Mumbai in India.
For more than 30 years, a planning group called CIDCO helped build these stations.
Now, CIDCO is giving all 17 stations to Central Railway, the group that runs the trains in the area.
On August 14, 14 of the stations were officially handed over, and three more were handed over earlier on June 22.
Many of the stations have shops and offices built next to them by CIDCO.
This means the stations can earn money from advertisements, signboards and parking.
Starting October 16, Central Railway will take over all of this commercial business.
Some other paperwork, like land plans and water and electricity agreements, will be finished by the end of October.
Central Railway will also slowly take over services like cleaning, toilets and maintenance.
CIDCO formally handed over 14 Navi Mumbai railway stations to Central Railway on August 14.
Central Railway will assume advertisement, hoarding and pay-and-park rights at these stations from October 16.
The stations include Vashi, Sanpada, Nerul, CBD Belapur, Kharghar, Airoli, Ghansoli and Turbhe, among others.
Three stations (Targhar, Bamandongri and Kharkopar) were handed over earlier on June 22, completing transfer of all 17.
Remaining formalities, including land plans, lease and utility agreements, are scheduled to be completed by October 31.
- Who
- CIDCO, the planning agency that developed the stations, and Central Railway, which will take over their operation.
- What
- The handover of 14 Navi Mumbai railway stations to Central Railway, along with their commercial rights from October 16.
- Where
- Navi Mumbai, Maharashtra, India.
- When
- Stations were handed over on August 14; commercial rights shift on October 16; remaining formalities continue until October 31.
- Why
- To complete a three-decade infrastructure transition in which CIDCO-developed railway stations and their revenue streams move to Central Railway.
Key facts
- Total stations transferred
- 17
- Stations handed over on August 14
- 14
- First stations handed over
- Targhar, Bamandongri and Kharkopar on June 22
- Commercial rights takeover
- October 16
- Commercial agreement details due
- October 15
- Land plan handover
- September 30
- Lease and utility agreement deadline
- October 31
- Corridors involved
- Mankhurd-Belapur, Thane-Turbhe-Nerul/Vashi, Belapur-Panvel










