1. Indian Railways Rs 98,000 crore bullet train project from Mumbai-Ahmedabad overcomes Maha objections

Indian Railways Rs 98,000 crore bullet train project from Mumbai-Ahmedabad overcomes Maha objections

The 98,000 crore project for a bullet train between Mumbai and Ahmedabad has found itself clear of a major hurdle. The Maharashtra government on Monday withdrew its objection to provide land at the Bandra Kurla Complex (BKC) in Mumbai to build an underground station.

By: | Updated: June 21, 2016 3:09 PM
irctc.co.in,Indian railway,bullet train, bullet train in India, bullet train mumbai ahmedabad, mumbai bullet train, bullet train speed in india, bandra kurla complex, Indian railways website, Indian railways info, Indian Railways news, Indian Railways news, indianrail.gov.in, suresh prabhu, suresh prabhu news, Indianrailways.gov.in, suresh prabhu, suresh prabhu news Suresh Prabhu-led Indian Railway requires 0.9 hectares of BKC land for access to underground station for the bullet train (Representative picture: Reuters)

The 98,000 crore project for a bullet train between Mumbai and Ahmedabad has found itself clear of a major hurdle. The Maharashtra government on Monday withdrew its objection to provide land at the Bandra Kurla Complex (BKC) in Mumbai to build an underground station.

Suresh Prabhu-led Indian Railway requires 0.9 hectares of BKC land for access to underground station.

However, the Maharashtra state government had earlier denied Railway ministry the land saying that giving it away would hamper the state’s project –the Mumbai International Financial Services Centre, located in BKC complex and that there could be a loss in revenue of around Rs 10,000 crore.

Nevertheless, there appears to have been some settlement on commonground as a senior state government functionary told IndianExpress, “A revised plan for the underground station was recently submitted to the state. This seems viable.”

According to sources, the State government might in turn as for major concessions in building its showpiece project-the financial centre.

Although the land in not within the criteria of special economic zone (SEZ), state government is expecting the centre to relax norms.

Calculate your income tax post budget 2018 through this Income Tax Calculator, get latest news on Budget 2018 and Auto Expo 2018. Like us on Facebook and follow us on Twitter.

  1. A
    ansari ayaz
    Jun 21, 2016 at 1:36 pm
    But many vacant land in bandra east but railway's r not at any developments and many engorgement by sulm it's railway's land WR ignore it's own land bandra east
    Reply
    1. B
      benous
      Jun 21, 2016 at 12:07 pm
      BKC will be the most unsuitable place to make any station as its a marshy land and very dangerous for any construction in the future. I think it should be made in dharavi to make a proper use of the place.
      Reply

      Go to Top