RLDA in collaboration with Thane Municipal Corporation (TMC) has been proposed to have a Multi Model Transit Hub at Existing Thane Railway Station East Side which is referred as Station Area Traffic Improvement Scheme (SATIS)-E. Under this scheme, RLDA is developing a commercial building on a land of about 9000 sqm. located on the east side of Thane Railway Station, near platform number 10A.

The proposed building of 11 floors (Tower- 1) will include a basement (for parking and services), ground floor & a mezzanine floor for railway facilities, a concourse level floor for bus movement and eight additional floors above the concourse (1st to 8th floors) for commercial use.

RLDA plans to lease the air space across these eight floors having total Built-up area of 24,280 sqm for a period of 60 years. The leasable area will be provided as bare-shell structure, while the common areas and utilities will be fully constructed by RLDA. The tentative date for handing over the leasable space in Tower-1 is set for June 30, 2026.

Connectivity

• A circular elevated road link spanning 2.24 km is being constructed by Thane Municipal Corporation (TMC) to enhance connectivity. This road will connect the Eastern Expressway to Thane Railway Station (East), offering seamless access to the deck area located on Central Railway’s land near platform number 10. This infrastructure development will ensure easy accessibility for businesses and visitors to the leasable air space.
• Connected to Thane Railway Station concourse.
• Well connected to the proposed metro.

Site Potential

• The leasable space is envisioned as a versatile commercial hub. The built-up space of 1st floor, above the deck, will be best used for Retail/ shops and built-up space of other floors above it will be for any commercial purpose/hospitality purpose.

• This flexibility makes the project a unique opportunity for businesses across industries to establish a presence in one of the Maharashtra’s busiest locations.

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The Plan area is 3,664 Sqm and the Built-Up Area is 36,640 Sqm.  The vertical air space will be leased for 60 years and has a reserve price of Rs. 22.68 crore. The development will comprise two building blocks, with approximately 21,984 sq. m. designated for hotel use, 10,992 sq. m. for retail, and 3,664 sqm allocated for service floors. The total built-up area (BUA) of the vertical airspace is approximately 36,640 sq. m.

Connectivity

• The Site is located alongside the approach road to the south of Tirupati Railway Station. The development site falls under the Tirupati Municipal Corporation.

• The site is bordered on the north by the Tirupati Railway Station platforms, on the east by the TTD Govindaraja Choultry, on the south by a mixed-use development, and on the west by another mixed-use development, followed by Rayala Cheruvu Road. The lower floors have Platform on southern side and waiting room area.

• The site is conveniently located near key transportation hubs, being just 1-2 kilometers from the Tirupati Bus Stand, approximately 10-11 kilometers from Renigunta Railway Station, and around 15-16 kilometers from Tirupati International Airport.

Site Potential

• The site offers excellent connectivity throughout the city, situated centrally within Tirupati and integrated with Tirupati Railway Station. The surrounding area features a blend of organic development with a mix of retail and other commercial establishments.

• The scope of work involves developing commercial spaces, including a hotel, retail outlets, or other approved uses, on the upper floors of the newly constructed station building on the south side of Tirupati Railway Station, subject to RLDA’s prior approval.

• The vertical airspace above the first three floors of this newly developed building is fairly leveled, forming an L-shaped structure consisting of two blocks. The lower three levels are designed as the railway station’s departure concourse, accommodating entry points to platforms, waiting areas, and related facilities.

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