Railways offers its space to retailers
The Indian Railways has a huge amount of land and is working on a plan to offer some of its less used space to retailers. Besides its stations, rail-yards, and goods sheds, the railways also has 7 cinema halls, which is what is likely to be given to retailers such as Reliance, Bharti-Wal-Mart, Future Group, to use as warehouses. These cinemas are located in cities such as Delhi, Chandigarh, Bhopal and Indore and are thus perfectly placed to be converted into warehouses and distribution centers.
A Rail Bhawan official stated that, “Big retail companies are in talks with us for taking various real estate spaces across the country, and these cinema halls are one of them. The real estate, including halls and clubs would be leased out to them on competitive basis, provided they cease to be of use to us any more.”