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RLDA had leased a 5.584-acre plot of vacant railway land in Kakkapallam village
The units will be available through a Mega E-Auction scheduled for November 12.
RLDA focuses on EPC model, with an estimated budget of Rs 2,469 crore.
The land has a reserve price of Rs 86 million and will be leased for a period of 99 years.
RLDA seeks bids for Visakhapatnam railway land development project.
RLDA seeks bids for leasing 5532 sq. metres of commercial land in Andhra Pradesh.
The move aims to enhance the urban infrastructure and optimise the use of railway land.
The redeveloped station will have dedicated areas for arrivals and departures.
A five acre land was recently sold at a sum of Rs 2.2 billion.
The acquisition was made through a competitive bidding process
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