The railways has sought private participation to redevelop the station complex with capital investment of Rs 4,925 crore, a press note issued by ministry of railway said.
The Indian Railway has also sought participation to redevelop the Chhatrapati Shivaji Maharaj Terminal with capital investment of Rs 1,642 crore.
Indian Railways is planning to create a multimodal hub for long distance trains in the former maintenance and stabling yards and to create links between the two hubs and between the port and the City Centre (releasing heritage zone for thousands of pedestrians).
(Source: ANI)