The Rail Land Development Authority (RLDA) is inviting bids for the commercial development of two land parcels near Shri Mata Vaishno Devi Katra Railway Station in Jammu & Kashmir. These strategically located parcels, bordered by Station Road, railway buildings, and vacant land, offer prime opportunities for building hotels, shopping complexes, and marriage halls. With a combined area of over 15,000 square meters and a 60-year lease, the developments are expected to boost the local economy, create jobs, and accommodate the growing number of tourists visiting the shrine, which saw over 9.5 million pilgrims in 2023.
The Rail Land Development Authority (RLDA), a statutory body under Indian Railways, has announced a tender for the commercial development of two land parcels (A & B) near the Shri Mata Vaishno Devi Katra Railway Station, located in the Firozpur Division of Northern Railway in Jammu & Kashmir.
The total area available for lease consists of these two parcels. Parcel A covers approximately 7,521.45 square meters with a reserve price of INR 17.35 crore, while Parcel B spans about 7,831.23 square meters with a reserve price of INR 18.49 crore. Both parcels will be leased for 60 years, with a permissible Floor Space Index (FSI) of 2.50 and an offered FSI of 2.10 for each parcel.
Both land parcels (A & B) are bordered by Station Road to the north. On the eastern side, Parcel A is bordered by the station road and then by railway buildings, while Parcel B is adjacent to Parcel A. To the south, both parcels are bordered by the railway yard. On the western side, Parcel A is adjacent to Parcel B, and Parcel B is bordered by vacant railway land followed by a drain.
These sites, strategically positioned near the railway station, are ideal for commercial development such as hotels, shopping complexes, and marriage halls. Such developments could greatly enhance the local economy, generate employment, and serve the large number of tourists visiting the Shri Mata Vaishno Devi Shrine. With over 9.5 million pilgrims visiting the shrine in 2023 and numbers expected to increase, the demand for these commercial amenities is likely to grow further.
In conclusion, the tender announced by the Rail Land Development Authority (RLDA) for the commercial development of two land parcels near the Shri Mata Vaishno Devi Katra Railway Station presents a significant opportunity. The strategic location of these parcels, with their proximity to the railway station and the popular Shri Mata Vaishno Devi Shrine, makes them ideal for commercial projects such as hotels, shopping complexes, and marriage halls. The development of these sites could greatly benefit the local economy, generate employment, and cater to the growing number of tourists visiting the shrine, which is expected to continue increasing in the coming years.
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