The Maharashtra State Road Transport Corporation (MSRTC) headquarters building is planned on a prime land spread over 4.44 acres. The existing MSRTC HQ building at the Mumbai central bus depot next to the Mumbai Central railway station would be demolished to make way for the new one. The construction cost is estimated at Rs 468 crore.

Officials said that the current MSRTC HQ building, constructed in 1964-65, is in a very bad shape and needs urgent redevelopment. “We have decided to revamp the premises, with a modernised bus depot, workshop and a new building with 49 floors-the first eight will be for bus and car parking,” a senior official said.

Speaking to the media, transport minister Diwakar Raote said: “I am confident that several government departments will also shift to the building once it comes up. The area is close to a proposed Metro station, a Mono station, and a railway station. It will be easy for the public to commute in order to come here in the future.”

Raote’s proposal calls for the first eight floors of the new building, which will cover a carpet area of 1.23 lakh sq m, to be used for parking and floors 9 to 14 to be earmarked for MSRTC offices and headquarters for the bus corporation. Floors 15 to 49 will be given on lease to various government departments.

At present, MSRTC buses do not have adequate space for parking, so the planned eight parking levels will be of great advantage. A senior MSRTC official said that while the architectural plan for the new building was ready, the developer/builder was yet to be finalised.

Biltrax Construction Data is tracking the Maharashtra State Road Transport Corporation (MSRTC) headquarters Project on their technology platform for their Clients.

Visit https://www.biltrax.com/ or email us at contact@biltrax.com to become a subscriber and generate new leads.