Swarajya Logo
Swarajya Logo
Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Our Views
    Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Magazine
  • Store

About Swarajya

Swarajya is a publication by Kovai Media Private Limited.

Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India.

editor@swarajyamag.com

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Participate

  • Contact Us
  • Write for us
  • Style Guide
  • Jobs

Stay Connected

  • Artboard 2 Copy 6Created with Sketch.
    Artboard 2 Copy 10Created with Sketch.
    Artboard 2 Copy 7Created with Sketch.
    Artboard 2 Copy 9Created with Sketch.
  • Andriod Logo
  • IOS Logo

News Brief

Bids Invited To Develop Vacant Railway Land in Guwahati And Chennai

Arun Kumar DasWednesday, July 14, 2021 10:31 am IST
A freight train of the Indian Railways. (Picture from Twitter)
A freight train of the Indian Railways. (Picture from Twitter)
A freight train of the Indian Railways. (Picture from Twitter)
  • The railways is offering seven land parcels in Chennai, and one at Ambari Chowk in Guwahati, for development.
  • Rail Land Development Authority (RLDA) has invited bids to lease out vacant land parcels in Guwahati and Chennai.

    While seven land parcels measuring over nine acres in Chennai are being offered by the railways for commercial exploitation, another vacant land parcel for residential-cum-commercial development at Ambari Chowk in Guwahati is also on the offer.

    The site spans 9,488.22 sqm and is situated in the heart of Guwahati, at a prominent corner location of Ambari Chowk, which is just about 1.30 kilometres from Guwahati Railway Station.

    The land parcel falls in Lumding division of the North East Frontier Railway. It has a potential built-up area (BUA) of 26,092.61 sqm, and has a reserve price of Rs 69.90 crore for a lease term of 99 years.

    The last day for submission of e-bids is 6 August 2021.

    The land is bounded by and has frontage on three sides with CK Agrawala Road in the north, Ariz Path in the east, GNB Road in the south and residences in the west, with excellent connectivity to all parts of the city via road network.

    "Guwahati is referred to as ‘Gateway to North East India.’ It has witnessed rapid infrastructural development over the years. It is well-connected to West Bengal, Bihar and the rest of India via road, rail and air. The land parcel at Guwahati is suitable for mixed-use development that will have a multiplier effect on the local economy. It will boost realty, retail and economic development in the region,” said RLDA Vice Chairman Ved Parkash Dudeja.

    The lessee will be granted the lease rights and right to access the redevelopment land for designing, financing, constructing and vesting of the redevelopment assets. He/she will be responsible for securing necessary approvals from the local authorities for the construction and will be facilitated to complete the construction of the developer portion as per local building bye-laws within four years.

    In Chennai, two of the land parcels of 2.5 acres each and one land parcel of 3.6 acres are in the Ayanavaram Railway Colony, situated along Konnur High Road and Duncan Road.

    Other land parcels are located at Walltax Road near Basin Bridge (0.27 acres), Pulianthope (2.09 acres), Victoria Crescent site located at Victoria Crescent adjacent to Ethiraj College (0.43 hectares) respectively.

    Chennai, the capital of Tamil Nadu, has emerged as a prominent realty hub owing to the growth of the IT/ITes sector in the past few years.

    Developments such as Chennai Metro, the Comprehensive Infrastructure Road Development Programme of Tamil Nadu and the up-gradation of the Chennai International Airport will further bolster real estate prospects in the city.

    Apart from this, a Request for Proposal (RFP) for the redevelopment of the Egmore Railway Colony will be invited shortly.

    "Chennai is poised to emerge as a realty hub due to a spate of rapid infrastructural developments and a conducive push by the Tamil Nadu government. Indian Railways has several land parcels in Chennai that are strategically located and suitable for commercial development, Dudeja said.

    Sites situated at Ayanavaram, Walltax Road, Pulianthope, Victoria Crescent sites across Chennai are on the offer.

    Once completed, the redevelopment of these sites will generate employment opportunities, boost real estate and retail and have a multiplier effect on socio-economic development in the region," Dudeja added.

    RLDA is a statutory authority under the Ministry of Railways for the development of railway land. It has four key mandates as a part of its development plan, namely leasing of commercial sites, colony redevelopment, station redevelopment and multi-functional complexes.

    Indian Railways has approximately 43,000 hectares of vacant land across India. RLDA is currently handling 84 railway colony redevelopment projects and has recently leased out a railway colony in Guwahati for redevelopment.

    RLDA has over 100 commercial (greenfield) sites across India for leasing, and the eligible developers for each will be selected through an open and transparent bid process.

    RLDA is currently working on 60 stations in a phased manner while its subsidiary, IRSDC, has taken up another 63 stations. In the first phase, RLDA has prioritised prominent stations like New Delhi, Tirupati, Dehradun, Nellore, Cuttack and Puducherry for redevelopment.

    The railway stations across India will be redeveloped on a PPP model as a part of Smart City projects launched by the government.

    Tags
    Indian Railways
    Chennai
    Guwahati
    lease
    Rail Land Development Authority
    Vacant Land Parcels
    Commercial Development
    Ambari Chowk
    Ayanavaram Railway Colony
    Walltax Road
    Basin Bridge
    Pulianthope
    Victoria Crescent

    Comments ↓

    An Appeal...


     

    Dear Reader,

     

    As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

     

    Our business model is you and your subscription.  And in challenging times like these, we need your support now more than ever.

     

    We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

     

    Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

    Get Swarajya in your inbox.


    Magazine


    Swarajya Magazine Cover Image
    Merchandise

    Merchandise


      Politics

      Telangana: BJP Boycotts MLAs Oath-Taking Ceremony In Assembly After Akbaruddin Owaisi's Appointment As Pro-Tem Speaker

      Telangana: BJP Boycotts MLAs Oath-Taking Ceremony In Assembly After Akbaruddin Owaisi's Appointment As Pro-Tem Speaker

      Swarajya Staff
      21m

      Suspense Over Rajasthan CM Continues As Yogi Balaknath Dismisses Social Media Speculations

      Swarajya Staff
      1h

      Income Tax Raids Linked To Congress MP Dhiraj Sahu Continue In Jharkhand, Odisha; Over Rs 200 Crore Cash Recovered So Far

      Swarajya Staff
      2h

      Economy

      Enough Of Big Bang Reforms? No Major Announcements In Next Budget, "Wait Till July 2024", Says Nirmala Sitharaman

      Enough Of Big Bang Reforms? No Major Announcements In Next Budget, "Wait Till July 2024", Says Nirmala Sitharaman

      Nishtha Anushree
      2d

      ₹58,378 Crores! Govt Set To Open Taps On Additional Welfare Spending With 2024 In Mind

      Swarajya News Staff
      2d

      India Anticipated To Be Fastest Growing In Next Three Years, Set to Become Third Largest Economy By 2030: S&P

      Nishtha Anushree
      4d

      Defence

      On This Day, In 1971, Indian Military Keeps Up Pressure: With Intense Armour Clashes In Western Pakistan, While Second Naval Raid On Karachi Looms

      On This Day, In 1971, Indian Military Keeps Up Pressure: With Intense Armour Clashes In Western Pakistan, While Second Naval Raid On Karachi Looms

      Ujjwal Shrotryia
      20h

      Indian Army Sets Sight On Future: Developing AI And Cybersecurity Tech; Can Now Interpret Enemy's Electronic Order Of Battle

      Swarajya Staff
      1d

      Indian Air Force's C-17 Globemaster-III Transport Aircraft Successfully Drops DRDO-Developed Heavy Airdrop Platform

      Swarajya Staff
      1d

      World

      After Becoming Longest-Serving President, Putin Announces Running For Election In Russia Again

      After Becoming Longest-Serving President, Putin Announces Running For Election In Russia Again

      Nishtha Anushree
      19h

      Maldives Skips Key Indian Ocean Security Meet With India And Other Neighbours, Opts For Chinese Forum Amidst Growing Tilt

      Swarajya Staff
      1d

      Azerbaijan President Accuses India And France Of Fuelling Armenia's Fire Of 'Revenge' For Loss In Nagorno-Karabakh War

      Swarajya Staff
      1d

      Culture

      From Jodhpur To Ayodhya On Bulls, Preserved Through Herbs: The Story Of Ghee To Be Used For Ram Lalla's First Aarti

      From Jodhpur To Ayodhya On Bulls, Preserved Through Herbs: The Story Of Ghee To Be Used For Ram Lalla's First Aarti

      Nishtha Anushree
      4h

      ‘Garba Of Gujarat’ Declared As Intangible Heritage By UNESCO

      Arun Kumar Das
      2d

      Gujarat's Garba Is Now In List Of UNESCO Intangible Cultural Heritage of Humanity

      Swarajya News Staff
      2d
      States

      infrastructure


      Arun Kumar Das
      1

      Indian Railways To Run 4,500 Vande Bharat Trains By 2047, Says Union Minister Scindia

      2 Mins Read
      Arun Kumar Das
      2

      Path To Prosperity: National Tourism Policy Paves The Way For Economic Boost

      1 Mins Read
      Amit Mishra
      3

      Gurugram: Haryana Government To Incorporate 'New Company' For Millennium City Metro Corridor

      2 Mins Read
      Amit Mishra
      4

      Ayodhya Airport To Be Ready By December End, Says Jyotiraditya Scindia

      2 Mins Read