The state government is likely to propose an alternative plot for to build the terminus for the ambitious Mumbai-Ahmedabad bullet train project. Chief minister Devendra Fadnavis on Friday reiterated the government’s inability to meet the railway board’s demand to provide land at Bandra Kurla Complex (BKC) as the International Finance Services Centre (IFSC) has been planned in the area.
“It is not possible to allot land for the terminus at BKC as we have planned the IFSC there. We are looking for an alternative plot for the terminus in the vicinity,” the CM said. He had said during the Make In India Week in February that it will not be possible to part with the BKC land even if the Centre decides it to build the terminus on cut-and-cover basis.
Fadnavis, meanwhile, said that contrary to the belief, the IFSC at BKC and Gift City at Ahmedabad will prove to be complementary and contribute to the country’s growth. “A finance centre in London is spread over different parts of the city, but business runs smoothly. Even in future, if we decide to scale up our IFSC spread on 50 acres of land by allotting the land somewhere else, it will be alright. Similarly, the two finance centres (the one at BKC and the Gift City) will prove to be complementary,” he said.
The CM said that the government has received good response from more than 20 global planners for the request for proposal (RFP) for the master plan of the IFSC and the final documents will be issued in two to three weeks. He also said that the other modalities will be decided in a month’s time.