9.1. Monetising Land

In cases where development of the core project by itself is not financial feasible for the private partner, land parcels adjacent to the project, which promise better value in future, could be bid out for development or could be packaged along with the core project for development. Monetising the value of land has been explored in urban rail and bus transport projects where revenues from station operations subsidise the cost incurred in the operations of the core project.