AIR SPACE EXPLOITATION OVER MRTS-STATIONS IN PHASE-II
The second phase of MRTS is taken upfor implementation for a length of 11.166 KM with 9 stations viz., Mandeveli, Greenways road, Kotuurpuram,Kasthuriba Nagar, Indira Nagar, Thiruvanmiyur, Taramani, Perungudi, Velacheryat a cost of Rs.733 crores. Unlike inphase-I, in the development of Phase II, CMDA have the right for thedevelopment of Air space above these stations or in the land adjoining thestations for commercial exploitation.
The work of theArchitectural / Engineering design for the stations under the scope of Railwaysand the Commercial Space under CMDA’s scope were awarded to reputedconsultants. The Railway has completed the construction of station building and laying of track and started thr train services up to Velachery. Hence CMDA is on the verge of taking up the Commercial Complex over these station Buildings.
Break up details of proposed Commercial Space Stationwise are listed below:
| No. | STATIONS | NO. OFFLOORS | AREA TO BE DEVELOPED (IN SQ. FT.) |
| 1 | Mandaveli | 4 | 177540 |
| 2 | Greenways Road | 4 | 263620 |
| 3 | Kotturpuram | 8 | 107600 |
| 4 | Kasturibha Nagar | 4 | 161400 |
| 5 | Indira Nagar | 4 | 344320 |
| 6 | Thiruvanmiyur | 4 | 344320 |
| 7 | Taramani-I | 4 | 193680 |
| 8 | Taramani-II (Perungudi) | 8 | 193680 |
| 9 | Velachery | 4 | 258240 |
| Total | 2044400 |
Out of 9 stations, 6 stations from Mandaveli to Thiruvanmiyur are located along the Buckingham canal and the balance 3 stations from Taramani to Velachery arelocated away from the Buckingham canal.
The government has given permission to CMDA to take up the project on BOT basis in the last 3 stations i.e. at Taramani, Perungudi & Velachery.Now CMDA is pursuing PPP cell of Tamil Nadu Government to assist CMDA in selecting the BOT operator.