RLDA invites bids for the lease of land parcel in Dharmavaram
Rail Land Development Authority (RLDA) has floated a tender inviting bids for a grant of lease for commercial development of a vacant land parcel located in Dharmavaram along the Station Road in Sri Sathya Sai district of Andhra Pradesh. The land parcel has an area of around 3.5 acres (14,164.50 sqm) and will be leased out for 45 years.
RLDA has kept the reserve price of the land at Rs 9.10 crore. The land has a mixed-use location & embeds a prime real estate investment opportunity. It is situated on Station Road, adjacent to the Chennai-Anantapur Highway (NH-716), ensuring accessibility from all parts of the city.
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