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RLDA to develop multi-functional complexes

Friday, 30 Apr 2021
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The Rail Land Development Authority (RLDA) has invited bids for leasing of three sites to develop multi-functional complexes (MFC) at Bellary, Sikar and Bharatpur railway stations for 45 years.

The sites are situated in the vicinity of the respective station complexes or fall in the circulating area of the railway stations. A combination of a hotel, retail spaces and retail amenities are envisaged to be developed on these MFC sites.

The proposed multi-functional complexes at these three railway stations will provide state-of-the-art amenities to passengers and enhance their experience.

The development will provide a fillip to tourism and retail segments and contribute towards local economy as well. RLDA’s model of development of MFCs also provides opportunities to small investors to invest in commercial spaces having assured footfall near the existing railway stations.

Sikar Junction, Rajasthan, falls in the North Western Railway zone of the Indian Railways. It handles around 22 trains and 5,700 passengers per day. The RMS building lies to the north of the Sikar site. The platform is on the east and the station road is on the west of the plot. The station circulating area lies in the south.

Bharatpur Junction (Rajasthan) falls in the Western Railway zone of the Indian Railways. It handles around 20 pairs of trains and 7,000-8,000 passengers per day. Bharatpur is well connected to Agra (54 km), Delhi (182 km), Fatehpur Sikri (20 km), Jaipur (174 km), Mathura (36 km) and Sariska (130 km). A lot of environment enthusiasts and bird watchers visit Bharatpur Bird Sanctuary, especially during winter season.

Bellary Railway Station (Karnataka) falls in the South Western Railway zone of the Indian Railways. It handles an average of 32 trains and around 8,000 passengers per day. Bellary is well connected by road to different parts of Karnataka, Andhra Pradesh, Maharashtra and Goa.

The developer will be mandated to complete construction at each site and commission the same within two years. These sites are meant to enhance rail user facilities such as shopping, bookstall, ATM, food stall, medicine, variety store, budget hotel, etc. The bidder will be permitted to market and sub-lease built-up area for any legal and lawful activities.

RLDA is currently handling 123 multi-functional complexes and 84 railway colony redevelopment projects. Of these, 123 multi-functional complexes, 55 MFCs have already been leased out. Thirteen MFCs have already been completed and the rest are in advance stage of construction.

RLDA also has over 84 commercial (greenfield) sites across India for leasing, and the eligible developers for each will be selected through an open and transparent bidding process.


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