Visakhapatnam Railway Land Lease for Mixed-Use Residential and Commercial Development

Work Description - Grant Of Lease For Commercial Development With 80 Percent Residential And 20 Percent Commercial Of Approximately 0.45 Acre Of Railway Land Near Kendriya Vidyalaya School, Thatichetlapalem, Visakhapatnam Of Waltair Division Of East Coast Railway For 99 Years Lease Period

This tender presents a prime opportunity for commercial and residential development, inviting bids for the grant of a 99-year lease for approximately 0.45 acres of strategically located railway land. Situated near Kendriya Vidyalaya School in Thatichetlapalem, Visakhapatnam, within the Waltair Division of East Coast Railway, this parcel is designated for a mixed-use development comprising 80% residential and 20% commercial components. The Rail Land Development Authority, a Central Government Ministry/Department, is the inviting authority, with the tender reference number RLDA/2026/RFP/CD/50 of 2026. Key dates for this open/advertised tender include the ePublished Date and Document Download Start Date of July 20, 2026, with the Document Download End Date set for September 8, 2026. Bid submission commences on July 20, 2026, and closes on September 9, 2026, at 03:00 PM, immediately preceding the Bid Opening Date on September 9, 2026, at 03:30 PM. A Tender Fee of ₹29,500 and an Earnest Money Deposit (EMD) of ₹3,500,000 are required. This "Miscellaneous Works" category tender, with a primary location of New Delhi, offers a significant long-term investment prospect for experienced developers.