Railways lease out land of 48 stations; 7.19 acres set aside in Kannur


PP Libeesh Kumar

2 min read
Read later
Print
Share

Representative Image | Photo: Latheesh Poovathur/ Mathrubhumi

Kannur: Rail Land Development Authority (RLDA) leased out 7.19 acres of land belonging to Kannur railway station. Lands of other 47 railway stations across the country were also leased out. The lease agreements were issued for 45 to 99 years. At least 8.60 acre land in Bengaluru has been chartered for 60 years while 6.24 acres of railway land in Chennai Egmore has been leased out for 45 years.

Texworth International has secured the tender for land in five railway stations, including Kannur railway station. Shopping complexes and malls will be constructed in these pieces of land. Besides commercial buildings, quarters for the railway employees will also be constructed here.

The railway land in Kannur has been hired out for Rs 24.63 crore. Nearly 4.93 acres of land in western side of the station will be utilised for constructing commercial buildings while the remaining 2.26 acres in the eastern side will be used to set up a railway colony.

As many as 41 companies have obtained tenders at 48 railway stations in the country.

Request of Central Warehousing Corporation remains unattended

The Central Warehousing Corporation had requested the railways to utilise the railway land to establish its storage facilities. Though plots in Kanchikode, Shornur, Kumbala, Edakkad and Kannur South stations under Palakkad division were considered for this, no progress has been achieved in this project. Currently, Food Corporation of India owns storage facilities at the majority of the railway stations.

43,000 hectares vacant land

RLDA declared that nearly 43,000 hectares of land under Indian Railways remain vacant. The authority hinted that these lands are currently unnecessary for the operations of railways.

Railways aim to obtain considerable income by leasing out these unutilised land.

Add Comment
Related Topics

Get daily updates from Mathrubhumi.com

Newsletter
Youtube
Telegram
Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.

IN CASE YOU MISSED IT
Driving Licence

1 min

Pay Rs 200 and get smart vehicle RC cards from Oct 4 onwards

Sep 26, 2023


Peddler

2 min

In the company of ferocious dogs, drug peddler in Kottayam lived life king size

Sep 26, 2023


badiyadka accident

2 min

Pallathadka reels under shock; accident points finger at lack of medical infrastructure

Sep 26, 2023