The pot of gold which Indian Railways was sitting on for decades can at last be opened.
The state government on Wednesday paved the way for development of a 11-acre plot adjoining the Bandra (east) suburban station by granting a floor space index (FSI) of 4, which means that the built-up portion can go up to 44 acres of space.
The ultimate beneficiary will be Mumbaikars, as the Rs4,000-crore that the development of the plot is expected to reap — even in these days of a stagnant real estate market — will be entirely ploughed back into railway projects to be undertaken in the city and the state.
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The state government on Wednesday paved the way for development of a 11-acre plot adjoining the Bandra (east) suburban station by granting a floor space index (FSI) of 4, which means that the built-up portion can go up to 44 acres of space.
The ultimate beneficiary will be Mumbaikars, as the Rs4,000-crore that the development of the plot is expected to reap — even in these days of a stagnant real estate market — will be entirely ploughed back into railway projects to be undertaken in the city and the state.
Discuss
Tell a friend
Bury
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True, but the sad thing is that all people... THIS is open secreat that corrption in Ration...खाजगी उद्योगातील...Very Much Correct............ Dear Dheeraj,
I read your comments with...खरीच गोष्ट आहे....ha ha vulgairty where? And since when has ...Chankya........
Pls stop commenting vulgure...Learn more!
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