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Railways Offers Over Seven Acres For Commercial Development In Chennai


Railways Offers Over Seven Acres For Commercial Development In Chennai
by Arun Kumar Das - Feb 13, 2021 05:19 AM
Southern Railway headquarters at Chennai. (Wikipedia)
Snapshot
Two of the land parcels of 2.5 acres each are in the Ayanavaram Railway Colony, along Konnur High Road and Duncan Road.
Two other land parcels are located at Walltax Road (0.27 Acres) and at Pulianthope (2.09 Acres).
With the real estate projects involving station redevelopment gathering pace, Indian Railways has now undertaken steps to lease out land parcels adjoining rail premises in a big way.
Rail Land Development Authority (RLDA) has invited bids for leasing four land parcels cumulatively spanning 7.36 acres at an estimated cost of nearly Rs 65 crore in Chennai. ....

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