CMRL Seeks Expert Help for Development
RAILWAYS & METRO RAIL

CMRL Seeks Expert Help for Development

The Chennai Metro Rail Limited (CMRL) has initiated a search for expert consultancy to aid in the commercial development of metro properties in Chennai. This move aims to maximize the potential of CMRL's assets and create new revenue streams through strategic commercial initiatives.

The consultancy will focus on several key areas, including the development of commercial spaces within metro stations, integration of retail and office spaces, and optimization of land use around metro corridors. The goal is to enhance the commercial viability of metro properties while ensuring that these developments complement and support the metro's operational objectives.

Expert advice is sought to guide CMRL in identifying and implementing best practices for commercial development, leveraging opportunities for partnership with private entities, and ensuring that projects align with urban planning and development goals. The consultancy will also help in designing and executing strategies that boost commercial revenues and improve overall service quality.

This initiative reflects CMRL's commitment to not only expanding and enhancing the metro network but also to maximizing the value of its real estate assets. By engaging experts in commercial development, CMRL aims to create a more integrated and economically sustainable metro system.

The outcomes of this consultancy are expected to contribute significantly to Chennai's urban development, improving connectivity and providing additional services and amenities for metro users and the broader community.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The Chennai Metro Rail Limited (CMRL) has initiated a search for expert consultancy to aid in the commercial development of metro properties in Chennai. This move aims to maximize the potential of CMRL's assets and create new revenue streams through strategic commercial initiatives. The consultancy will focus on several key areas, including the development of commercial spaces within metro stations, integration of retail and office spaces, and optimization of land use around metro corridors. The goal is to enhance the commercial viability of metro properties while ensuring that these developments complement and support the metro's operational objectives. Expert advice is sought to guide CMRL in identifying and implementing best practices for commercial development, leveraging opportunities for partnership with private entities, and ensuring that projects align with urban planning and development goals. The consultancy will also help in designing and executing strategies that boost commercial revenues and improve overall service quality. This initiative reflects CMRL's commitment to not only expanding and enhancing the metro network but also to maximizing the value of its real estate assets. By engaging experts in commercial development, CMRL aims to create a more integrated and economically sustainable metro system. The outcomes of this consultancy are expected to contribute significantly to Chennai's urban development, improving connectivity and providing additional services and amenities for metro users and the broader community.

Next Story
Infrastructure Transport

Gadkari issues warning to contractors over poor road maintenance

Union Road Transport and Highways Minister Nitin Gadkari strongly criticized agencies and contractors for their failure to maintain roads adequately. He stated that while good operators would be rewarded, those delivering poor work would be "driven out of the system." "We will not spare you. We will ensure that the bank guarantees of those performing inadequately are forfeited, and you will be blacklisted from applying for new tenders," he warned. Gadkari’s remarks followed his observations of the poorly maintained Eastern Peripheral Expressway, which he used to reach Ghaziabad for the inaug..

Next Story
Infrastructure Urban

SC halts bulldozer demolitions nationwide until Oct 1

The Supreme Court of India issued a stay on bulldozer demolitions across the country until October 1, prohibiting such actions without its approval, except in cases involving public roads, water bodies, and railway lines. The court stated it would establish guidelines regarding when and how properties can be demolished according to municipal laws. Last week, a bench comprising Justices Hrishikesh Roy, Sudhanshu Dhulia, and SVN Bhatti criticized the concept of "bulldozer justice," asserting that such threats of demolition are unacceptable in a nation governed by law. This ruling came in respons..

Next Story
Infrastructure Transport

CIDCO invites tenders for Kharghar-Belapur coastal road project

The City and Industrial Development Corporation (CIDCO) has announced the invitation of tenders for the Kharghar-Belapur Coastal Road project in Navi Mumbai. This initiative aims to enhance connectivity and promote regional development in the area. The project is expected to include various infrastructural improvements to facilitate smoother traffic flow and better accessibility. Interested contractors can submit their bids as per the specified guidelines. CIDCO has outlined the project details, including timelines and requirements, on its official website. This coastal road is part of a broad..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000