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transgender: The Rail Land Development Authority ,rlda), a statutory authority under Indian Railhas decided to lease about five acres of railway land in this northern region Kerala for the district commercial Development.
RLDA in a release said that the authority has invited bids for lease of 4.93 acres of railway land near Kannur railway station for 45 years.
The reserve price for the land parcel is Rs 22.6 crore and the developers will get the right to develop the commercial infrastructure as per their plan and will also be assigned for the redevelopment of the existing railway colony on a separate site provided by the railways, the release said. has gone. ,
The deadline for submission of e-bids is November 7, 2022.
“The proposed land parcel is ideal for commercial development because of its proximity to the railway station. Its strategic location will provide ample opportunities for commercial development of this land parcel,” RLDA said in the release.
During the current financial year, RLDA has leased 15 sites in various states for a cumulative lease premium of Rs 1,633 crore and railway assets worth about Rs 226 crore in Bengaluru, Bhopal, Egmore (Chennai), Bareilly and Ludhiana railway colonies. will be developed. , it said.
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