RLDA Invites Bids for Leasing of Railway Land at Dharmavaram

An offer has been made to lease a 3.5-acre plot of land in Dharmavaram, Sri Sathya Sai district, Andhra Pradesh, by the Rail Land Development Authority (RLDA), a statutory entity of Indian Railways. The site, which is next to the Chennai-Anantapur Highway (NH-716) and along Station Road, would be leased for 45 years at a reserve price of ₹9.10 crore. 26,770.91 square meters is the estimated built-up area (BUA) for the development.

The site is accessible by a 15-meter-wide road and is ideally located next to Dharmavaram Railway Station inside the South Central Railway Zone. The Ananthapuramu Hindupur Urban Development Authority (AHUDA) is in charge of it. It also has excellent connections to the closest airports in Bengaluru (159 km) and Kadapa, Andhra Pradesh (153 km), as well as the APSRTC Bus Stand in Dharmavaram.

The great real estate investment potential of the location was emphasized by RLDA Vice Chairman Shri Manoj Garg. The ‘Silk City of Andhra Pradesh,’ Dharmavaram, is well-known for its cotton and silk weaving businesses. Because of its great accessibility, leasing this strategically placed land piece close to the Dharmavaram Railway Station offers tremendous development prospects,” the man stated.

RLDA Invites Bids for Leasing of Railway Land at Dharmavaram

Dharmavaram, Andhra Pradesh – The Rail Land Development Authority (RLDA) has invited bids for the leasing of railway land in Dharmavaram, Andhra Pradesh, aimed at commercial development and urban infrastructure enhancement. This initiative is part of RLDA’s efforts to monetize railway assets and boost economic activity in key locations.

Project Details & Leasing Terms

• Location: Prime railway land in Dharmavaram, a crucial railway junction in Andhra Pradesh.
• Lease Tenure: The land will be leased for a long-term period, typically ranging from 30 to 99 years.
• Development Scope: The site is suitable for commercial complexes, warehouses, hospitality projects, and retail hubs.
• Bid Submission Deadline: Interested developers must submit their proposals within the specified timeframe set by RLDA.

Strategic Importance of Dharmavaram

Dharmavaram is a key railway junction in Andhra Pradesh, well-connected to major cities like Bangalore, Hyderabad, and Chennai. The leasing of this land is expected to:

• Enhance commercial activities and attract investments.
• Improve urban infrastructure in the region.
• Create employment opportunities and boost local businesses.

RLDA’s Land Monetization Strategy

The RLDA is actively leasing railway land across India to fund modernization projects and optimize asset utilization. This initiative aligns with Indian Railways’ long-term vision of leveraging non-fare revenue sources.

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