Railways identifies 305 sites for commercial usage
Railways, which recently leased one of its vacant land at a prime location in Delhi to a private builder for about Rs 1,650 crore, has identified more than 300 sites for commercial usage across the country.
Currently, the Railways has approximately 43,000 hectares of vacant land which is not required for operational purposes. These sites are being offered to private developers for commercial purpose.
About 167 of the 305 identified sites will be used for development of multi-function complex (MFC) and 138 others for commercial development, Railway sources said.