RLDA invites bids for leasing 7360 sqm of railway land for residential development at Good Luck colony near Solapur Station in Maharashtra

• The vacant plot of land to be developed is strategically located near Solapur Railways station and is conveniently connected to all modes of public transportation in the city.

• This site being located at a major arterial, which is one of the busiest roads of the city, is accessible from major hotspots of the Solapur city.

Solapur, February 22, 2021: The Rail Land Development Authority (RLDA) has invited bids for leasing out a vacant plot of land measuring 7360 sqm at the Good Luck Colony, near Solapur Railway Station in Maharashtra for a period of 99 years for the purpose of residential development.

This site is strategically situated at a very promising location, and is well connected to prominent spots of the city through public transport facilities. It is located at a major arterial and one of the busiest roads of the city. This rectangular-shaped property is accessible to the commercial pocket areas through local road transport connecting Saath Rasta Road, Daffarin Chowk, Lashakar Road and Bus Station Road. A Post Office is situated to the North of this site, the West portion of the site is surrounded by shopping complexes, residential buildings and the Solapur Railway Station, the East of the site has an internal road, while the south part of this site is bound by a residential plot. The boundary walls protect this site on roadsides and have no existing structures inside of them.

“The site is in the proximity of the Solapur Railway station. The city of Solapur is famous for cotton mills and power looms, and furnishings from Solapur are exported to all parts of the world. The National Research Centre on Pomegranate of India (NRCP) is also located in Solapur which enhances its locational advantage,” said Shri Ved Parkash Dudeja, Vice Chairman, RLDA.

This site is in Residential Zone as per Development Control Norms and has a permissible Floor Space Index (FSI) of 1.10 with a built-up area of about 8,096 sqm. The reserve price of the land has been kept at Rs 19.29 crores for a lease period of 99 years.

The pre-bid meeting is scheduled for February 23, 2022, at 11:30 AM, on Webex online platform and the last date for e-bid submission through online mode is April 12, 2022.

Corporate Comm India (CCI Newswire)