Smart cities: Government to monetise land around railway stations

By | October 20, 2016

Public land around railway stations across 100 proposed Smart Cities is set to be monetised, following the inking of a deal between the ministries of Urban Development and Railways on Wednesday, to create model railway stations.
Around 300 to 800 acres of such land in every Smart City would be redeveloped to create integrated transport hubs, passenger amenities, residential areas, and commercial units. The project will later be extended to all the 500 cities under the Atal Mission for Rejuvenation and Urban Transformation.

Source: Indian Express