The railways will develop multi-functional complexes at 12 railway stations in the jurisdiction of the South Central Railway with an eye on earning more revenue from its vast vacant lands.
The Rail Land Development Authority (RLDA), a wing of the ministry of railways, will develop eight of them while the SCR will develop two and IRCON International Limited and RITES one each.
The RLDA’s MFCs will come up at the Kacheguda, Karimnagar, Kurnool, Nellore, Nizamabad, Vijayawada, Zaheerabad and Dharamavaram railway stations. The SCR’s will come up at Rajahmundry and Aurangabad, IRCON’s at Hyderabad and the RITES’ at Guntur.
The MFCs will have facilities such as shops, food stalls/restaurants, book stalls, ATMs, pharmacies, variety stores, budget hotels and vehicle parking.
RLDA has invited bids for construction of the MFCs. The last date for bidding is November 7. Prominent developers, retail and hotel chain operators and others have expressed a keen interest to attend a pre-bidding conference proposed to be held in this regard.
Speaking to Express, SCR chief public relations officer K.Sambasiva Rao said the railways was keen to put its vast lands at and near railway stations to commercial use for better revenue.
Other surplus railway lands for commercial development will also be offered for bidding for leasing up to 30 to 45 years in near future.