Overview

The Rail Land Development Authority (RLDA), a statutory body of Indian Railways, has issued an invitation for bids regarding the commercial development of a prime land parcel located adjacent to NH-69 in the vicinity of Chittoor Railway Station, Andhra Pradesh. This opportunity is aimed at fostering commercial growth in a strategic location.

Land Parcel Details

• Location: Adjacent to NH-69 (Kadapa-Chittoor Highway), near Chittoor Railway Station.
• Land Area: Approximately 2670.00 sqm.
• Built-Up Area: Approximately 5452.00 sqm.
• Reserve Price: Rs 9.60 crore.
• Lease Duration: 60 years.
• Last Date for Submission of E-Bid: 23rd September 2024, up to 15:00 hrs.

Connectivity and Access

• Proximity: The site is situated just 150 meters west of Chittoor Railway Station, offering convenient access to rail transport.
• Road Connectivity: The site is well-connected via NH-69 (Kadapa-Chittoor Highway), which is currently 11 meters wide. The approach road to the station is 10 meters wide, with plans to expand the Chittoor High Road to 30 meters, enhancing future accessibility.
• Local Governance: The parcel falls under the jurisdiction of Chittoor Municipal Corporation (CMC) and Chittoor Urban Development Authority (CHUDA).
• Airport Access: The site is within 82 kilometers of Tirupati Airport, facilitating air travel connections.

Development Potential

• Strategic Location: Being near a railway station, the site is ideal for commercial ventures, which can invigorate the local economy and generate employment.
• Development Scope: The site is offered for various commercial activities under a 60-year lease. The proposed usage includes 40% retail, 20% office space, and 40% budget hotel. All developments must comply with the Development Control Regulations (DCR) of CHUDA or relevant local development norms.

This commercial development opportunity promises substantial growth potential in a well-connected and strategically significant area. Interested parties are encouraged to submit their bids by the specified deadline.