Bids Invited for Commercial Development of Railway Land In Maharashtra

    Date:

    Share post:

    Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bid for the Commercial Development of a vacant land parcel located north of the railway station at Miraj, Maharashtra. Plot is located near Chandanwadi, adjacent to Richardson leprosy hospital along Sangli Miraj Main Road.

    The land parcel to be leased has an approximate area of 5500.00 Sqm and has a reserve price of Rs 8.60 crore. The land will be leased for 99 years. The Built-up area is approximately 8800 Sqm considering FSI of 1.60

    Land Parcel Snapshot
    Site DescriptionCommercial Development of a vacant land parcel located north of the railway station at Miraj, Maharashtra.
    Land Area5500 Sqm
    Built -up area offered8,800sqm
    Reserve Price (Rupees)8.60 Cr
    Last date of submission of e-bid04.11.2024 up to 15:00 hrs.

    Connectivity

    The site is having 45m wide sangli -miraj main road frontage of 104m, Plot is having internal road which connects miraj railway station, many hospitals are located in vicinity of 1 km radius. Miraj is a medical hub. Plot is also well connected with sangli city which is 8 km aways.

    Site Potential

    • Sites strategically located on 45m wide sangli miraj main road ideal for commercial development, offering opportunities to accommodate tourists and develop a shopping or retail complex. These developments can significantly boost the local economy and create employment opportunities.
    • The site is nearly triangular in shape and is surrounded by commercial land uses. Main road which connects sangli city due to which it has good future potential for commercial as well as residential developments. Miraj is developing city and work of major upgradation of Miraj station is in progress.
    • The subject site is having 45 meter -wide sangli miraj Highway (166 H), which connects it to other prominent markets within Sangli and Miraj City. Miraj is located on the banks of the Krishna River, is known for its rich agricultural heritage and Miraj is known for Hindustani classical music and medical services. It is an emerging medical hub in India. Despite a largely rural population reliant on agriculture, the city is experiencing growth in educational institutions and businesses, enhancing its status.

    All interested bidders are requested to regularly visit the following links for time-to-time updates:

    Related Posts

    Latest posts

    ANAROCK Reports Rise in Home Prices Across Top 7 Cities in H1 FY25

    In H1 FY2024, avg. ticket size of homes sold across top 7 cities was approx. INR 1 Cr Approx....

    Subway Opens 850th Outlet at Elan Miracle Mall

    Subway, the world-renowned quick-service restaurant chain, reached a significant milestone today with the grand opening of its 850th...

    Land Acquisition for ‘New Noida’ Project Begins

    The development of a new city in the National Capital Region (NCR) has taken a significant step forward...

    Equity Investments in Indian Real Estate to Exceed $10bn in 2024

    Equity investments in the Indian real estate sector are poised to exceed $10 billion in 2024, driven by...