The first phase of redevelopment of Safdarjung railway station is expected to be completed by January 2019.

The Indian Railway Construction Company (IRCON) will carry out design, construction and marketing of the project. Phase-I of the project will come up on the Moti Bagh side of the station.

The Indian Railway Construction Company (IRCON) and the Rail Land Development Authority (RLDA) have signed a memorandum of understanding (MoU) to implement the project.

The station is proposed to be developed on a self-financing model for which finance will be raised through marketing of the commercial built-up area which will be developed on the surplus railway land and air space as part of the station development project.

The land and the constructed buildings will continue to remain under the ownership and control of the RLDA. The commercial built-up area will be leased for upto 45 years by RLDA.