RLDA invites bids for development of land on Sangli-Miraj Main Road

27 Sep 2024 CW Team

The Rail Land Development Authority (RLDA) has opened bidding for the commercial development of a vacant land parcel located north of the Miraj railway station in Maharashtra. This plot, situated near Chandanwadi and adjacent to the Richardson leprosy hospital along the Sangli-Miraj Main Road, presents a prime opportunity for development.

Covering an area of approximately 5,500 square meters, the land has a reserve price of Rs 86 million and will be leased for a period of 99 years. The anticipated built-up area is around 8,800 square meters, factoring in a Floor Space Index (FSI) of 1.60.

The site boasts a 45-meter-wide frontage on the Sangli-Miraj main road, measuring 104 meters. An internal road provides direct access to the Miraj railway station, while numerous hospitals are located within a one-kilometer radius, emphasising Miraj's status as a medical hub. Additionally, the plot is well connected to Sangli city, which lies just 8 kilometers away.

The strategically positioned site is ideal for commercial ventures, offering opportunities for tourism-related development, such as a shopping or retail complex. Such projects could significantly enhance the local economy and create job opportunities.

The nearly triangular plot is surrounded by commercial properties, with its main road access leading directly to Sangli city. As Miraj continues to develop, ongoing upgrades to the Miraj station are expected to further boost its potential for both commercial and residential developments. (Construction week)

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