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		<title>CSMT&#8217;s Original Glory To Be Restored By This Month</title>
		<link>https://squarefeatindia.com/csmts-original-glory-to-be-restored-by-this-month/</link>
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		<pubDate>Sun, 28 Feb 2021 22:57:00 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Central Railway]]></category>
		<category><![CDATA[Chhatrapati Shivaji Maharaj Terminus]]></category>
		<category><![CDATA[CSMT]]></category>
		<category><![CDATA[CSMT Railway Station]]></category>
		<category><![CDATA[UNESCO]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=2882</guid>

					<description><![CDATA[<p>Conservation and restoration work of the heritage CSMT railway station shall be&#8230;</p>
<p>The post <a href="https://squarefeatindia.com/csmts-original-glory-to-be-restored-by-this-month/">CSMT&#8217;s Original Glory To Be Restored By This Month</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>Conservation and restoration work of the heritage CSMT railway station shall be complete by this month about 90% work of the conservation and restoration work on external facade is already complete.</p>



<p>By Ateeq Shaikh </p>



<p>By the end of this month, conservation and restoration work of Chhatrapati Shivaji Maharaj Terminus (CSMT) or erstwhile Victoria Terminus, a World Heritage Site, will be complete.</p>



<p>“About 90% of the conservation and restoration work on the external façade of the building is complete. Overall over 60% of the restoration work has been done,” said Shivaji Sutar, CPRO, Central Railway.</p>



<p>Approximately Rs 51 crore is being spent on the project, with the original deadline being August 2021.</p>



<p>Experienced and skilled labour and craftsmen from Rajasthan and Gujarat have been carrying out the specialised work. </p>



<p>According to Central Railway officials, conservation and restoration work requires different skill sets as one has to adhere to the heritage norms and not only to ensure no damage is done but also restore the designs if there are any broken portions.</p>



<p>Also, the material required for the job was procured from these two states. According to UNESCO, this building whose construction commenced in 1878, “is an outstanding example of Victorian Gothic Revival architecture in India, blended with themes deriving from Indian traditional architecture.” It took a decade for the building to be ready.</p>



<figure class="wp-block-image size-large"><img fetchpriority="high" decoding="async" width="1024" height="480" src="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM.jpeg" alt="An old image of CSMT Railway station " class="wp-image-1990" srcset="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM.jpeg 1024w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-300x141.jpeg 300w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-768x360.jpeg 768w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-800x375.jpeg 800w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>An old image of CSMT Railway station </figcaption></figure>



<p>Over the years and decades, the walls, statues, ornamental arches, etc. were damaged due to weather or ageing factors. Water jet machines are being utilised to clear dirt and vegetation from the façade that have sprouted over the years. Even the weeds from the building’s exteriors had to be carefully removed with the help of weedicide.</p>



<p>One of the mostly damaging areas within the building were the wooden doors and windows, some of which were damaged beyond repair and had to be replaced.</p>



<p>Those replaced and repaired had to be restored keeping in mind the original design and usage of teak wood as well as stain glass. These are some of the extensive works that is being undertaken, the other important tasks includes replacing missing stones, plugging the leakages, rerouting cables, neon lighting, cabins made recently from PVC materials, removal of hoardings, removal of layers of painting done over the stone through years, among others.</p>



<p>The building that continues to be a landmark was designed by British architect F. W. Stevens, which later became the symbol of the then Bombay.</p>



<figure class="wp-block-image size-large"><img decoding="async" width="721" height="1024" src="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM.jpeg" alt="Frederick William Stevenes, the man who designed CSMT Railway Station" class="wp-image-1989" srcset="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM.jpeg 721w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM-211x300.jpeg 211w" sizes="(max-width: 721px) 100vw, 721px" /><figcaption>Frederick William Stevenes, the man who designed CSMT Railway Station</figcaption></figure>



<p>UNESCO describes the building as an outstanding example of the meeting of two cultures, as British architects worked with Indian craftsmen to include Indian architectural tradition and idioms thus forging a new style unique to Bombay.</p>



<p>The Indian Railways Station Development Corporation has been entrusted by the Indian Railways with the task of station redevelopment plan. CSMT is one of the stations that will be redeveloped, later this decade, “without disturbing its heritage value”.</p>



<p>Also Read: <a href="https://squarefeatindia.com/csmt-redevelopment-to-have-resdiential-and-commercial-real-estate/">CSMT Redevelopment To Have Residential &amp; Commercial Real Estate</a></p>
<p>The post <a href="https://squarefeatindia.com/csmts-original-glory-to-be-restored-by-this-month/">CSMT&#8217;s Original Glory To Be Restored By This Month</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>CSMT Redevelopment To Have Residential &#038; Commercial Real Estate</title>
		<link>https://squarefeatindia.com/csmt-redevelopment-to-have-resdiential-and-commercial-real-estate/</link>
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		<pubDate>Mon, 24 Aug 2020 13:20:54 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[CSMT]]></category>
		<category><![CDATA[CSMT Railway Station]]></category>
		<category><![CDATA[Heritage]]></category>
		<category><![CDATA[Railway]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Redevelopment]]></category>
		<category><![CDATA[Residential]]></category>
		<guid isPermaLink="false">http://squarefeatindia.com/?p=1988</guid>

					<description><![CDATA[<p>CSMT Railway Station redevelopment will have long term lease-rights for real estate.&#8230;</p>
<p>The post <a href="https://squarefeatindia.com/csmt-redevelopment-to-have-resdiential-and-commercial-real-estate/">CSMT Redevelopment To Have Residential &#038; Commercial Real Estate</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
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<p>CSMT Railway Station redevelopment will have long term lease-rights for real estate. Up to 99 years for residential or mix use format and 60 years for non-residential formats.</p>



<p>By Varun Singh</p>



<p>Monday afternoon saw a major announcement in terms of Chhatrapati Shivaji Maharaj Terminus (CSMT) Railway Station redevelopment. </p>



<p>CSMT station the erstwhile Victoria Terminus is an iconic building in the city and now it is up for major redevelopment with large plans, </p>



<p>A Request for Qualification (RFQ) for redevelopment of Chhatrapati Shivaji Maharaj Terminus (CSMT) (Mumbai) on PPP has been invited by Indian Railway Stations Development Corporation Ltd (IRSDC).</p>



<p>The key salient features of the CSMT project includes a long term lease-rights for real estate. Upto 99 years for residential or mix use format and 60 years for non-residential formats. </p>



<p>Up to 2.54 lakh square meters of Built up Area (tentative) is allowed for commercial development. Exact built up area allowed shall be known at the RFP stage.</p>



<p>The redevelopment cost of the CSMT station (mandatory cost) including the cost of financing and contingency etc. is Rs 1,642 crore. </p>



<p>Construction cost would be Rs 1,231 crore, refurbishment cost, is pegged at Rs 53 crore, heritage transformation cost is Rs 30 crore, financing cost, Rs 328 crore. </p>



<p>This does not include yard remodeling cost. The redevelopment project duration is 4 years. 40% of the station estate to be developed within 8 years from appointed date. </p>



<p>The investment opportunity for redevelopment is on DBFOT (Design, Build, Finance, Operate and Transfer) basis.</p>



<p>The planning has been done by M/s AREP from France and discussions have been held with various stakeholders on periodic basis. </p>



<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="480" src="http://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM.jpeg" alt="CSMT Railway station before Mumbai was converted into a concrete jungle" class="wp-image-1990" srcset="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM.jpeg 1024w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-300x141.jpeg 300w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-768x360.jpeg 768w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.43.51-PM-800x375.jpeg 800w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption>CSMT Railway station before Mumbai was converted into a concrete jungle</figcaption></figure>



<p>The RFQ document is available on <a rel="noreferrer noopener" href="http://irsdc.enivida.com/" target="_blank">http://irsdc.enivida.com/</a>. The Pre Bid Conference is scheduled to take place on September 22, 2020. The Application due date is October 22, 2020.</p>



<p>The eligibility criteria is in terms of financial capacity at the RFQ stage and the net worth / ACI should be Rs 821 cr at the close of preceding financial year.</p>



<p>The two most important features that will make any developer happy includes, that no change in land use is required and no prior environmental clearance is required from Ministry of Environment and Forest.</p>



<p>IRSDC will be a single window for approval of master plan and building plans in consultation with local authorities in terms of power conferred under Section 11 of Railway Act, 1989.</p>



<p>Alternate Investment Fund (AIF) or Foreign Investment Fund (FIF) are also eligible to participate.</p>



<p>All Applicants who meet the qualification criteria shall be eligible to submit price bid at RFP stage, i.e., there is no upper cap for shortlisting of Applicants for RFP stage.</p>



<p>A senior railway officer said, &#8220;A redeveloped station building has to function like a city centre rail mall where in addition to a passenger’s transportation needs, his daily needs are also fulfilled, like- Retail, F&amp;B, Entertainment, Souvenir shopping. The aim is that most of his daily needs are catered to by visiting the railway station thus avoiding unnecessary travel within the city.”</p>



<h2 class="wp-block-heading">About CSMT</h2>



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="721" height="1024" src="http://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM.jpeg" alt="Frederick William Stevenes, the man who designed CSMT Railway Station" class="wp-image-1989" srcset="https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM.jpeg 721w, https://squarefeatindia.com/wp-content/uploads/2020/08/WhatsApp-Image-2020-08-24-at-6.42.51-PM-211x300.jpeg 211w" sizes="auto, (max-width: 721px) 100vw, 721px" /><figcaption>Frederick William Stevenes, the man who designed CSMT Railway Station</figcaption></figure>



<p>Frederick William Stevens was chosen to design the station. At this time in England, the reveal gothic style was in fashion, and married tho Indian traditional architecture it became Indo-Saracenic Style. </p>



<p>The CSMT station is mostly revival gothic style, as St Pancras station in London, which influenced the design. </p>



<p>The architect afterwards built the Municipal Corporation building in the city of Mumbai too. </p>



<p>The station is a classic symmetrical composition with a central dome in masonry visible from afar and is convergence point of three roads that arrive to it, The rail tracks come in to the station which creates the death of the northern and southern wings. </p>



<p>Also Read: <a href="https://squarefeatindia.com/duty-of-builder-to-provide-adequate-water-to-project/">Duty Of Builder To Provide Adequate Water To Project</a></p>
<p>The post <a href="https://squarefeatindia.com/csmt-redevelopment-to-have-resdiential-and-commercial-real-estate/">CSMT Redevelopment To Have Residential &#038; Commercial Real Estate</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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