The Rail Land Development Authority (RLDA) has invited bids to lease over 36,000 square metres of railway land in Dibrugarh for residential and commercial development.
The reserve price of this prime real estate is INR 31 Crores. The total area of the colony is 50,113.54 Sqm out of which 36,458.18 Sqm. will be leased out for Residential cum Commercial Development for 99 years. The balance area of 11,944.49 Sqm. is to be utilized for the redevelopment of the existing railway with 168 units Quarters) at Naliapool Colony Dibrugarh.
The last date for submission of e-bid is July 26, 2023, up to 15:00 hrs.
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“The proposed land parcel is ideal for residential as well as commercial development. The land parcel is very near to the city center of Dibrugarh and its strategic location will provide ample opportunity to develop this land parcel,” says RLDA Vice Chairman Ved Parkash Dudeja.
Dibrugarh is an industrial city in Upper Assam, 435 km from the state capital. According to RLDA, Naliapool railway colony is highly sought after and has tremendous growth potential. As a focal point for the flourishing tea trade and allied commercial activities, the area provides unmatched connectivity with all regions of Dibrugarh.
RLDA has also leased out various sites at Waltax Road (Chennai), Ajmer (Rajasthan), Bijwasan(Delhi), Kharagpur and Solapur(Maharashtra) for a cumulative lease premium of Rs. 1,622 Crore including Railway assets valuing approx. of Rs. 7.54 Crore to be developed in Kharagpur Railway Colony.
