Stepping up efforts to use surplus land commercially, Indian Railway Stations Development Corporation has invited request for proposal for leasing vacant land parcels for mixed-use development as part of Chandigarh Railway Station redevelopment project.
Accordingly, bids have been invited from interested entities for mixed use development of land parcels on lease rights basis of up to 99 years. Four land parcels spanning across 56,691 square metres, with a total built-up area of 232,341 sq m are on the offer.
Entities can bid for all the four land parcels or can bid for individual land parcels as per their choice. The pre-bid meeting will be held on 12 March 2021, and the deadline for bid submission is 16 April 2021.
“Chandigarh station will be developed into a world-class transport hub to offer a superior travel experience to passengers.