The Maharashtra State Road Transport Corporation (MSRTC) has kicked off plans for redeveloping bus depots across Mumbai.
As part of its pilot project, Borivali bus depot will be the first in the city to get revamped at a cost of around ₹515 crores.
The transport body has invited bids for the redevelopment of Borivali depot in Nancy Colony, which would entail construction of a 16-storeyed building.
The ground and first three floors of the building will be retained by the MSRTC, while the rights for the remaining floors will be given to the developer. Space below the ground floor will be used for parking and maintenance of buses.
Besides, the MSRTC will also develop the Panvel depot for which plans are being drawn. This development came after the corporation received lot of complaints about the condition of the depot.
At both the depots, the corporation will monetise the land and construct buildings that will be used for commercial purposes.
It is pertinent to note that the MSRTC has several depots and bus stand across Mumbai, which are situated at Mumbai Central, Parel, Dadar, Kurla (Nehru Nagar) and two at Borivali, covering a land space of 10 lakh square feet in the form of depots and bus stands.
On the other hand, in the Mumbai Metropolitan Region (MMR), land parcels owned by the corporation are spread over an area of 20.98 lakh square feet in Turbhe, Panvel, Uran, Thane, Dombivli, Bhayandar, Kalyan, Ulhasnagar and Bhiwandi.
The loss-making MSRTC has a fleet of 14,000 buses, which caters to over 55 lakh passengers every day. The corporation also has plans to introduce over 5,100 electric buses on wet lease in near future.
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