RLDA invites bids for leasing out two land parcels worth Rs 29 crore at Katra

October 1, 2022
RLDA invites bids for leasing out two land parcels worth Rs 29 crore at Katra

KATRA: The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, on Friday invited bids for leasing out two land parcels at the prestigious railway station at Katra, the base camp of cave shrine of Mata Vaishno Devi in Jammu and Kashmir‘s Reasi district, officials said.

Two land parcels situated near Shri Mata Vaishno Devi Katra railway station are open to developers for commercial purposes, they said.

The reserve price for parcel ‘A’ having an area of 7,521.45 square metres is Rs 14.18 crore and for parcel ‘B’ with an area of 7,831.23 square meters, the price is Rs 14.97 crore. The officials said. Both land parcels are available for lease for a period of 45 years, they added.

A pre-bid meeting was conducted online and many local and national-level developers participated in it and showed keen their interest in the proposal, they said.

The last date for submission of e-bids is October 24, the officials said.

Vice chairman, RLDA, Ved Parkash Dudeja said the proposed land parcels located in close proximity of the railway station are ideal for commercial development.

“Katra, with its thriving tourism industry, offers plenty of scope for developing this land parcel into a commercial or retail space. Its strategic location will offer ample footfall to any kind of commercial development done on this land parcel,” he said.

The site is situated along the station road, north-east of the Katra railway station, and is well connected to all parts of the city, the officials said.

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