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Coming soon, malls on unused Railway land

SOON, the Fort and Junction rail-way stations in the city would house multi functional complex-es as Railways has embarked on a mission to generate revenue from unutilised land. Of the 163 spots identified by Rail Land Development Authority (RLDA) across the country for setting up multi-functional complexes, the Fort and junction stations will be developed in the central region. Tenders have been floated calling for bids for the project. According to documents avail able with the Express, the RLDA is involved in identifying vacant land in which commercial complexes are to be established. The authority plans to develop multi-functional complexes through IRCON, RITES, RVNL and some private players. The complexes will ho use facilities like shopping malls, food courts, book stalls, PCO booths, ATMs, pharmacies and other amenities. The identified sites would be offered on 30-95 years lease on up-front lease premium or revenue sharing basis through MOU to Public sector units and through open bidding process to the private sec tor. The site earmarked at the Tiruchirapalli junction has already been leased and 2350 Sq mtrs are up for grabs near the Fort station was , said a senior railway official.

The RLDA has also prepared blue print of vacant space remain unutilised in Nagapattinam, Pattukottai, Villupuram stations. According to the project report submitted by RLDA for expression of interest by stakeholders, the Fort station, four kilometres from the junction, has recorded footfalls of close to 3900 passengers on an average per day with 16 trains passing through the sta-tion. Average passenger ticket earning per day is 244000 from Unreserved Ticketing booking System, while it is !1.70 lakh from Passenger Reservation System. Welcoming the development, Mannai Manoharan, general sec-retary of Dakshin Railways Employees Union said for long un-ions have been demanding to make use of vacant lands.
Source: epaper. . new indianexpress com//c/21133978 

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