Chennai Metro Rail Ltd: When metro builds a city: Chennai Metro Rail plans to develop 73.4L sqft across 37 locations as commercial hubs along Phase-II corridors to boost non-fare revenue | Chennai News
CHENNAI: Glass façades, retail arcades and office blocks may soon line the city’s Phase-II metro corridors. To achieve this, the Chennai Metro Rail Ltd (CMRL) will develop 73.4lakh sqft of commercial property across at least 37 locations.The large-scale property push is aimed at monetising land parcels to boost non-fare box revenue and improve financial sustainability…