Bus terminus to come up at Gandhinagar

October 28, 2013

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TNN |

Kolhapur: The Kolhapur Municipal Transport(KMT) will construct a bus terminus and a commercial complex at Gandhinagar on the build-operate-transfer basis (BOT). The revenue generated from selling the space in the complex will be utilized to buy new buses.

The KMT is hoping to generate about Rs 1.25 crore per year from renting the shops in the commercial complex. “We can procure about 20 new buses from the revenue generated. The land at Gandhinagar is owned by the KMT and local traders had demanded to set up a bus terminus in the area. The total estimated cost of the project is Rs 1.77 crore, which has to be invested by the contractor and the work is expected to be completed in two years after the tender is issued,” said KMT additional engineer Sanjay Bhosale. The area of the land on which the bus terminus will be constructed measures 423.50 square metres.

Gandhinagar, situated 5km from the city, is famous for its trading centres for cloth. “Efforts to construct a bus terminus at Gandhinagar were started in 1999. However, the plan was stalled due to unknown reasons. The demand to start a bus terminus in the area increased with a rise in the population and a subsequent rise in the number of passengers. About 15,000 people travel from Gandhinagar to various parts of the city every day. The KMT will arrange for direct buses from Gandhinagar to different points in the city once the terminus becomes operational,” added Bhosale.

Source-http://timesofindia.indiatimes.com