Overview
- Transport Minister Pratap Sarnaik announced in the Legislative Council that Phase 1 covers 72 projects across 216 locations, with priority sites in Mumbai, Thane, Navi Mumbai and Pune.
- The revised framework extends the base lease to 60 years for projects, while commercial components follow a 49+49 year model to secure investor interest and steady MSRTC revenue.
- Redevelopment will be tendered in clustered packages, pairing one urban depot with taluka-level and rural sites and classifying groups as A, B and C based on viability.
- A high-level committee overhauled the 2017 plan after poor response, leading to a new policy, fresh bids and an expert panel of project management consultants to steer execution.
- Authorities have identified roughly 2,360 hectares at about 482 locations for potential use as depots and stations are upgraded into busport-style facilities to enhance passenger amenities and generate local jobs.