The 2.5-acre land parcel has development potential of 119,350 sq ft with utilising permissible Floor Space Index (FSI) of 1.10. The reserve price for the plot to be leased out for 45 years is Rs 25 crores.
The online pre-bid meeting for this plot will be held on June 9, and the deadline for bid submission is July 23.
This land parcel is located in the vicinity of the Amravati railway station in a commercial hub comprising Irwin Square to Malviya Chowk, railway station road, and the road leading to the Dafrin Government Hospital, as spokes of connectivity.
“Amravati is the second-largest city and an industrial hub in Vidarbha, Maharashtra. The land parcel is bounded by Amravati Railway Station on one side and Major Roads on other sides and enjoys excellent connectivity to the prominent landmarks of the city. The proposed commercial development on the site will boost real estate, retail and tourism and have a multiplier effect on socio-economic development, Also, in view of the expected government push for the health sector, the site is especially suited for a multi-specialty hospital,” said Ved Parkash Dudeja, Vice Chairman, RLDA.
The plot is well-connected to prominent landmarks such as Central Bus Stand, market, Collector Office, Dist. Court, Amravati Zilla Parishad Office, Municipal Corporation & Govt. Central Hospital, etc.
RLDA will select the developer through a competitive & transparent e-bidding process. The bidding process will be carried out in an online single Stage Bid (two cover) system. The lessee shall be required to complete the construction of the project of the developer portion within ten years.
The selected bidder shall carry out the development as per local building bye-laws. He/She will bear the risk, cost, expense, and charges and procure all the applicable permits and arrange to design, finance, construct and develop the site. The bidder will be permitted to market and sub-lease Built-Up Area for legal activities, RLDA said in a release.
Amravati is situated on the confluence of major regional roads and is well-connected to important cities like Mumbai, Nagpur, Pune, Nashik, Indore, Bhopal and Hyderabad. National Highway No. 6 (Mumbai – Kolkata) passes through Amravati and further connects to important centres throughout India.
Indian Railways has approximately 43,000 hectares of vacant land across India. RLDA is currently handling 84 railway colony redevelopment projects and has recently leased out a railway colony in Guwahati for redevelopment. RLDA has over 84 commercial (greenfield) sites across India for leasing, and the eligible developers for each will be selected through an open and transparent bid process.
RLDA is also currently working on 60 stations in a phased manner while its subsidiary, IRSDC has taken up another 63 stations. In the first phase, RLDA has prioritised prominent stations like New Delhi, Tirupati, Dehradun, Nellore, Cuttack and Puducherry for redevelopment. The railway stations across India will be redeveloped on a PPP Model as a part of Smart City Projects launched by the Government of India.