RLDA Seeks Proposals For Leasing of 50,000 Square Metres of Warehouse Space in Tiruvottiyur in Chennai

Rail Land Development Authority (RLDA), the statutory agency of Indian Railways, has solicited bids for commercial development of a railway property for warehouse use in Tiruvottiyur, a significant industrial cum commercial neighborhood in North Chennai. The planned site for development has an area of 50,010 sqm.

The railway plot at Tiruvottiyur is well linked to many sections of the city. 

Located 400 m from Manali Road, the planned location is close to Ennore High Road, which lies towards the East. Buckingham Canal is towards the West of the location. On the South, the site is bounded by railroad grounds. A flyover is under development along Buckingham Canal Road and Thiruvottiyur- Manali Road on the northern boundary of the site. The Tiruvottiyur railway junction of the Chennai Suburban Railway Network lies close.

Vice-chairman of RLDA Ved Parkash Dudeja stated, “With the boom in e-commerce throughout the nation, demand for storage space is at an all-time high. The planned site would be a great location for huge e-commerce enterprises to put up warehouses to address the ever-increasing logistical demand.”

The location is situated at distance of 1.1km from Tiruvottiyur railway station of suburban MRTS system and approximately 2.5km distant from the metro station of Tiruvottiyur, an industrial region. 

The location is an empty piece of land located in the heart of industrial sector. Mega sized refinery of IOCL is situated in the south & CPCL is located in the north-west. A Container Corporation (Concor) port is located in the east bordering the Ennore high road. There is a narrow ribbon/ strip development of apartments & stores along Ennore high road, catering to the IOCL Workers. It is a well-connected suburb adjacent to the city’s key sites.

The reserve price for the location is Rs 25.3 crores. 

The online pre-bid meeting was conducted on April 7 when numerous logistics corporations indicated interest for this property piece. The latest date of e-bid submission is 17th of May, 2022.