RLDA invites bids for redevelopment of Lucknow railway station

Lucknow, Jun 2(UNI) Rail Land Development Authority (RLDA) has floated a Request for Qualification (RFQ) for the redevelopment of the Lucknow Railway Station.

Lucknow Railway Station Redevelopment is a railway up-gradation project, including complete integrated development and redevelopment of both LKO (NR) & LJN (NER) stations along with 12.23 acre commercial land parcel.
The objective of the redevelopment is to equip it with state-of-the-art amenities like segregation of arrival and departure, air-Concourse, Foot-over Bridges, lifts and escalator, conducive facilities for the specially-abled passengers, etc. to ensure a hassle-free travel experience. The station will be redeveloped on a Design-Build-Operate-Finance-Transfer (DBFOT) model in two phases at a total cost of Rs 556.8 crores.

The pre-bid meeting for developers held on April 9 last elicited good participation, with many Developers from all over the country evincing great interest in the prestigious project. The deadline for the submission of Request for Qualification (RFQ) from intending bidders is June 24 next .
The redevelopment encompasses two components. First-Station or Mandatory Component- the station redevelopment and secondly – Station Estate Component- development of the surrounding railway land for pre-approved commercial & residential development.

The cost of Phase 1 redevelopment is estimated at Rs 442.5 crore over three years whereas Phase 2 is expected to incur Rs 114.3 crores over two years.
“Lucknow is among the fastest-growing cities in North India. The city is home to several manufacturing and processing units and possesses a robust administrative, banking, and financial network of institutions. The redevelopment of the Lucknow Railway Station will augment the tourism potential and lead to employment generation. It will also boost real estate in the vicinity and have a formidable socio-economic impact on the region,” said Mr Ved Parkash Dudeja, Vice Chairman, RLDA, here in a statement on Wednesday.

The design shall be incorporating the Green Building concept and shall adhere to the life-cycle cost minimization approach, which will be the hallmarks of the newly-redeveloped station. At the same time the heritage look of the existing grand station building will be retained.

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