RLDA invites e-bids for leasing two land parcels for commercial development at Rajasthan
The Rail Land Development Authority (RLDA) has floated a Request for Proposal (RFP) for leasing two vacant land parcels at Jaisalmer and Ajmer, Rajasthan. The land parcel at Jaisalmer spans a little over 3 hectares and is located along Jodhpur Road, near Jaisalmer Railway Station. The land parcel in Ajmer spans around 9000 sq. m. and is situated on Beawar Road. Both of these land parcels will be leased for commercial use for a period of 45 years. The reserve price of Jaisalmer & Ajmer Land parcels is Rs 20.50 crore and Rs 40 crore respectively. and the last date of e-bid submission is April 27, 2021 and May 10, 2021 respectively.
The land parcel at Jaisalmer is bound by railway land and private land in the North and East and railway quarters in the West. The site enjoys accessibility to the Jodhpur Road via 30 m Right of Way (ROW) in the South. The railway station lies in the vicinity. It has a Built-Up Area Ratio of 1.05, thus allowing development of Built-Up Area (BUA) of 33,308 sq. m.
The land parcel at Ajmer is bound by railway bungalows in the East and South and is accessible via Main Beawar Road with a proposed Right of Way (ROW) of 36 m (as per Ajmer Master Plan-2033) in the West and a road with 18 m Right of Way (ROW) in the North. With a Built Up Area Ratio of 2.0, the site has a Built-Up Area (BUA) potential of 17,920 sq.m.
“Rajasthan is a prominent tourism destination and has witnessed rapid industrial development and strengthening of social infrastructure that has unlocked the economic potential of the region. The commercial development of these land parcels will boost retail and real estate sectors, lead to employment generation and contribute to the state’s economic development,” said Shri Ved Parkash Dudeja, Vice Chairman, RLDA.
Both Jaisalmer and Ajmer fall under the North Western Railway of Indian Railways. Rajasthan has witnessed a spate of infrastructural developments in the past few years such as the establishment of Agro Food Park, Export Promotion Industrial Parks (EPIPs) and Special Economic Zones (SEZ) that augur well for its economic growth. The proposed Delhi-Mumbai Industrial Corridor will boost connectivity, spur economic development and herald a dramatic socio-economic transformation of the region.
RLDA is a statutory body 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.
Currently, the Indian Railway has approximately 43,000 hectares of vacant land across India. RLDA has over 84 commercial (Greenfield) sites across India for leasing to eligible developers after selection through an open and transparent e-bidding process. RLDA is currently also handling 84 railway colony redevelopment projects and has recently leased out a railway colony in Guwahati for redevelopment. Station redevelopment is another major area over which RLDA currently working and is handling 62 Railway Stations development works.