: RLDA invites bids lo lease out 2 plots in Jammu #FinanceIndia #StockMarketNEWS #Business New Delhi: The Railway Land Development Authority (RLDA) has invited bids for leasing out its two plots at

@StockMarketNEWS Wed 25 Mar, 2020

Posted in: #Business #FinanceIndia #StockMarketNEWS

RLDA invites bids lo lease out 2 plots in Jammu #FinanceIndia #StockMarketNEWS #Business
New Delhi: The Railway Land Development Authority (RLDA) has invited bids for leasing out its two plots at Katra in Jammu and Kashmir with reserve price of over Rs 14 crore each.



 RLDA has invited
RFP ( Request for Proposal) to lease two plots at Katra for commercial
development.



 The combined plot
is spread across 15,352 sq metre and is located near Shri Mata Vaishno Devi
Katra railway station. The plot is proposed to be leased out in two parts with
a reserve price of Rs 14.18 crore and Rs 14.97 crore, RLDA said in a statement.



 â€œNestled in the
hills, this scenic property can be developed as a destination wedding farmhouse
or a 3 or 5 star hotel. The region is a prominent tourist destination. Hence it
will offer a good return on investment to real estate developers,�
said Ved Prakash Dudeja, Vice- Chairman, RLDA.



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