Tirupati, November 2024: The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has announced bids for the commercial development of air space above the newly developed South Side Building of Tirupati Railway station in Andhra Pradesh.

The Plan area is 3,664 Sqm and the Built-Up Area is 36,640 Sqm.  The vertical air space will be leased for 60 years and has a reserve price of Rs. 22.68 crore. The development will comprise two building blocks, with approximately 21,984 sq. m. designated for hotel use, 10,992 sq. m. for retail, and 3,664 sqm allocated for service floors. The total built-up area (BUA) of the vertical airspace is approximately 36,640 sq. m.

Land Parcel Snapshot
Site Description Commercial development of air space above the newly developed South Side Building of Tirupati Railway station in Andhra Pradesh
Vertical air space plot 3,664 sqm
Built up area (as per basic FSI of 1.0) 36,640 sqm
Reserve Price (Rupees) 22.68 Cr
Last date of submission of e-bid 17.12.2024 upto 15:00 hrs.

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