Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, on Thursday invited bids for lease of commercial development of 14,164.50 sq.mts of land to be leased out for 45 years. The reserved price of the land located in Dharmavaram along the station road in Andhra Pradesh, is ₹9.1 crore.
The land parcel is located adjacent to the Chennai- Anantapur Highway (NH-716), thus making it accessible from all parts of the city. The site falls under the Ananthapuramu Hindupur Urban Development Authority.
An online pre-bid meeting was held on January 5 and the last date for submission of e-bid is January 22, up to 15:00 hours. RLDA vice-chairman Ved Parkash Dudeja said the land parcel is located near the Dharmavaram Railway station.
