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Airport | August 21, 2013
#38229

Delhi Metro plans malls at its 2 stations to ease fiscal burden

With an aim to plug the losses of its airport express service, the Delhi Metro Rail Corporation (DMRC) is to have shopping malls at its Shivaji Stadium and New Delhi airport metro stations.    

DMRC will rent out retail space and create shopping malls. It hopes to generate adequate revenue to pay the huge financial burdens it has. Within the next eight months, the Corporation is to come up with the shopping malls.    

DMRC officials said, the agency spends approximately Rs 23.5 crore ( Rs. 7.5 crore to operate trains and Rs. 16 crore as liability of loans) every month to operate the service and earns only Rs. 3 to 4 crore from the service.

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