The Master Plan area is approximately 120 hectares, out of which 88 hectares is being planned in Phase 1 (the Project). RLDA is the approving authority for the Master Plan. Further, to expedite the approvals and clearances, an Apex Committee under the chairmanship of Hon’ble Lieutenant Governor of Delhi has been constituted. The Project involves development of around 12 lakh sqm of built up area as a result of higher FSI permitted under the TOD (Transit Oriented Development) Policy. According to the Rail Land Development Authority, the New Delhi railway station redevelopment project has two major components:
1. Station Component- the new terminal building, along with amenities, railway offices, railway quarters and ancillary railway works
2. Station Estate- retail spaces adjoining the station, commercial office space, hotels and residential space.
The station will be equipped with new-age amenities such as Dome shaped terminal buildings with 2-Arrival and 2-Departure at concourse level, two Multi-Modal Transport Hubs (MMTH) on each side of the Station, 40 floor high rise Twin towers (with Hotel / Offices and Retail at Podium) and Pedestrian Boulevard with High Street shopping. The station is proposed to be a multi-modal hub for transport integration and development. It will become the first project to be undertaken on Transit-Oriented Development (TOD) concept in Delhi NCR.
RLDA is currently working on redevelopment of 62 stations in a phased manner while its subsidiary, IRSDC has taken up another 61 stations. In the first phase, RLDA has prioritized prominent stations like New Delhi, Tirupati, Dehradun, Nellore, Panipat, Puducherry, Ernakulam etc. for redevelopment. The railway stations across India will be redeveloped on PPP Model.
Rail Land Development Authority (RLDA) is a statutory body under the Ministry of Railways, for the development / redevelopment of Railway assets. It has four key mandates as a part of development on Long duration lease, viz., greenfield plots and Multi-Functional Complexes, Redevelopment of Railway Colonies and Railway Stations.