Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for the Commercial Development of two Land Parcels (A & B) near Shri Mata Vaishno Devi Katra Railway Station, under the Firozpur Division of Northern Railway in the Union Territory of Jammu & Kashmir (J&K).
The total land area to be leased consists of two land parcels. Parcel A’s approximate area is 7521.45 Sqm and has a reserve price of 17.35 crore. Parcel B’s approximate area is - 7831.23 Sqm and has a reserve price of 18.49 crore. The land for both parcels will be leased for 60 years. The FSI Permissible for both parcels is 2.50 & the FSI Offered for both land parcels is 2.10 respectively.
Both land parcels (A & B) are bounded by the Station Road in the north. On the east, land parcel A is bound by the station road followed by Railway buildings while land parcel B is bounded by Land parcel A. On the south, both land parcels are bounded by the Railway Yard. In the West land parcel A is bounded by land parcel B, while land parcel B is bound by vacant railway land followed by a drain.
Sites strategically located near the railway station are ideal for commercial development, including hotels, shopping complexes, and marriage halls. These developments can significantly boost the local economy, create employment opportunities, and cater to the large influx of tourists visiting the Shri Mata Vaishno Devi Shrine. With over 95 lakh pilgrims visiting the shrine in 2023 and numbers expected to rise, the demand for such commercial facilities is set to grow even further
