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State government continues to arm-twist railways over BKC land for bullet train
Updated On: 21 June, 2016 11:05 AM IST | | Dharmendra Jore
<p>The state government has on its mind arm-twisting plans to end a row over allotment of its land for a bullet train terminus at Bandra-Kurla Complex</p>
The state government has on its mind arm-twisting plans to end a row over allotment of its land for a bullet train terminus at Bandra-Kurla Complex. It wants Indian Railways to help it construct the International Financial Services Centre (IFSC) in exchange of allowing the train developers to go underground at a prime city land.
The state's move aims at recovering the financial losses that it is expected to incur once the underground facility is built. The state planners say that they will not be able to construct not be able to be able to build anything on the ground once underground train facility is built and it will not be able to create more space for the IFSC as higher buildings are not allowed in BKC.
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