RLDA invites bids for building MFCs at three sites

The Rail Land Development Authority (RLDA) has floated bids for leasing three sites to develop Multi-Functional Complexes (MFC) at Bellary, Sikar and Bharatpur Railway Stations in Karnataka and Rajasthan with a lease period of 45 years. Vice-Chairman of RLDA, Ved Parkash Dudeja, informed that the objective of the development of Multi-Functional Complexes is to equip railway stations with amenities and boost customer experience. Two of these sites are in Rajasthan and one in Karnataka and they are situated in the vicinity of the respective station complexes and fall in the circulating area of the railway stations. Bidders can download bid documents from its website and the deadline for bid submission is May 12, 2021.

A combination of a hotel, retail spaces and retail amenities are envisaged to be developed on these MFC sites. The sites are strategically located and are well-connected to prominent landmarks. The proposed MFCs at these stations will provide state-of-the-art amenities to passengers and enhance their experience. The development will provide a fillip to tourism and retail segments and contribute towards the local economy as well. RLDA's model of development of MFCs also provides opportunities to small investors to invest in commercial spaces having assured footfall near the existing railway stations. The bidder will be selected through a transparent online single-stage bidding process. The developer will be mandated to complete construction at each site and commission the same within two years and the sites are meant to enhance rail user facilities such as shopping, bookstall, ATM, food stall, medicine, variety store, budget hotel, among others.

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RLDA invites bids for building MFCs at three sites

NBM Media

NBM Media

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