Redevelopment of stations is planned through leveraging commercial development of vacant land and air space in and around railway stations, i.e. station redevelopment projects shall generally be cost neutral to Railways.
Works for redevelopment of Habibganj (Bhopal) and Gandhinagar stations are in progress. Ministry of Railways is redeveloping Bhubaneshwar Station in cooperation with Govt of Odisha. RLDA has also entered into an MoU with Massouri Dehradun Development Authority (MDDA) for redevelopment of Dehradun Railway Station. Rail Land Development Authority (RLDA) has signed an MoU with National Highway Authority of India in April-2019, for redevelopment of Ajni (Nagpur) station as a Multi-modal Hub.
Station redevelopment program is first of its kind and complex in nature and requires detailed techno-financial feasibility studies and various statutory clearances from local bodies etc.
This information was given by the Minister of Railways and Commerce & Industry, Shri Piyush Goyal in a written reply to a question in Lok Sabha