RLDA invites bids for commercial development of Railway land in Ambari

GUWAHATI: The RLDA (Rail Land Development Authority) has invited bids for the leasing of over 9,488 square meters of land at the Ambari Chowk near TC Girls High School here.

The site spread in 9,488.22 square metres and is situated fee km from Guwahati Railway Station. It has a potential for Built-Up Area (BUA) of 26,092.61 sq metre with FAR of 2.75 and has a reserve price of Rs 69.90 crore for a lease term of 99 years.

The online pre-bid meeting was conducted by RLDA on 25.06.2021 and 13 local and national developers participated in the pre-bid meeting. The deadline for submission of e-bids is August 6.

The land is bounded by and has frontage on three sides with C K Agrawala Road in the north, Ariz Path in the east, GNB Road in the south and residences in the west, with excellent connectivity to all parts of the city via the road network.

"Guwahati is referred to as Gateway to North-East India. It has witnessed rapid infrastructural development over the years. It is well-connected to West Bengal, Bihar and the rest of India via road, rail and air. The land parcel at Guwahati is suitable for a mixed-use development that will have a multiplier effect on the local economy. It will boost realty, retail and economic development in the region," said RLDA Vice-Chairman Ved Parkash Dudeja.

The lessee will be granted the lease rights and right to access the redevelopment land for designing, financing, constructing and vesting of the redevelopment assets. He/she will be entrusted to secure necessary approvals from the local authorities for the construction and will be facilitated to complete the construction of the developer portion as per local building bye-laws within four years, stated a release.

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