Bids Invited for Mixed Development of Railway Land in Visakhapatnam

Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for Mixed Development of Railway Land at Visakhapatnam (AP) under the Waltair Division of East Coast Railway.

The Mixed development of approximately 0.45 Acre of Railway Land consists of 80% residential and 20% commercial retail. It is situated near Kendriya Vidyalaya School, Tatichetlapalem, Visakhapatnam. The approximate Land Area is 1833 Sqm, and the offered BUA is 4452 Sqm, consisting of 80% Residential i.e. 3561.60 Sqm & 20% Commercial Retail i.e. 890.40 Sqm.

The land parcel will be leased for 99 years and has a reserve price of Rs. 10.90 crore.

Connectivity

• The site is a clear piece of land with an earmarked compound wall free from encumbrances. It is located in the core city area. The frontage of the site is approximately 64 Metres.
• The site is bordered to the north by Vera Tower, to the east by Railway Quarters, to the south by an 80-foot-wide road in Kancharapalem, and to the west by a 20-foot-wide secondary road.

Site Potential

• The subject site is strategically located in the Central Business District (CBD) area, offering excellent connectivity to the major hubs of the city via Akkayyapalem 80 Feet Road, a key arterial road leading to significant infrastructure landmarks.
• Its prime location in the heart of the city ensures high visibility, making it ideal for commercial development. Additionally, the surrounding neighbourhood has limited availability of vacant land parcels, further enhancing its attractiveness for development.
• The site holds substantial development potential, especially with the upcoming Kommadi to Steel Plant metro line (via NAD and Gajuwaka) along NH-16, which will greatly improve connectivity to other parts of the city.
• Visakhapatnam, also known as Vizag, is the largest city in Andhra Pradesh and a rapidly growing port city on India’s eastern coast. The city has seen significant industrial growth, with major industries such as steel, petroleum refining, and fertilizers driving rapid urbanization and migration, creating a strong foundation for future development at the site.

Map Showing Connectivity, Locations & Neighbourhood

­Rail Land Development Authority (RLDA) is a statutory authority under the Ministry of Railways for the development of Railway land. It has four key mandates as a part of its development plan, namely leasing commercial sites, colony redevelopment, station redevelopment and multi-functional complexes.  

All interested bidders are requested to regularly visit the following links for time-to-time updates:

• https://www.tenderwizard.in/RLDA
• https://rlda.indianrailways.gov.in