The Economic Times

Chennai Metro plans to develop 73 lakh sqft area at 37 locations along its Phase-II metro corridors

Chennai Metro Rail Ltd is set to develop 73.4 lakh sq ft of commercial property across 37 locations along its Phase-II corridors. This initiative aims to boost non-fare revenue and financial sustainability by monetizing land parcels beyond station footprints, similar to models in Delhi and Bengaluru.