Bids are being accepted for the commercial development of a railway land parcel at Rana Pratap Nagar Station in Udaipur, Rajasthan, by the Rail Land Development Authority (RLDA). The property is 1,898.24 square meters in size, and the city’s master plan allots 600.76 square meters for road widening, for a total area of 2,499 square meters. With a reserve price of ₹9.04 crore, the land would be leased for 60 years at an effective built-up area ratio (BAR) of 2.316.
The land, which is well-positioned close to Rana Pratap Railway Station and Sardar Patel Marg, provides great access across Udaipur. Important features are Lake Pichola (5.4 miles) and the neighboring Rana Pratap Nagar Railway Station (0.2 km). The location is also a corner plot close to a road that will link to Maharana Pratap Airport and be 45 meters wide. Over the course of three years, the leasing charge will be paid in four payments.
RLDA Invites Bids for Commercial Development of Railway Land in Udaipur
The Rail Land Development Authority (RLDA) has invited bids for the commercial development of prime railway land in Udaipur. This initiative aims to optimize the use of railway assets, generate revenue, and boost urban development in the region.
Project Overview
The commercial development will take place on strategically located railway land in Udaipur, offering immense potential for businesses, retail spaces, and mixed-use developments. RLDA is seeking developers with expertise in commercial real estate to execute the project efficiently.
Key Features & Opportunities
- Prime Location – The site is situated in a high-footfall area with excellent connectivity.
- Multiple Land Use Options – Includes commercial complexes, office spaces, and retail hubs.
- Infrastructure Development – Modern amenities, sustainable designs, and smart infrastructure.
- Economic Boost – Expected to generate employment and enhance Udaipur’s commercial landscape.
Bidding Process & Eligibility
- Open Tender System – RLDA will follow a transparent bidding process.
- Eligibility Criteria – Developers with relevant experience in real estate and infrastructure projects can participate.
- Lease Model – The land will be leased for a specified duration, ensuring long-term commercial benefits.
Impact on Urban Development
The project is expected to:
- Enhance Urban Infrastructure – Modernize commercial spaces and attract investment.
- Improve Public Amenities – Provide better shopping, office, and recreational facilities.
- Support Railways’ Revenue Growth – Monetizing railway land for sustainable development.
Group Media Publication
Construction, Infrastructure and Mining
General News Platforms – IHTLive.com
Entertainment News Platforms – https://anyflix.in/
Legal and Law News Platforms – https://legalmatters.in/