MINISTER OF RAILWAYS ( SHRI LALU PRASAD )
(a) to (f) : A Statement is laid on the Table of the Sabha.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (f) OF STARRED QUESTION NO.160 BY
SHRI NAVEEN JINDAL TO BE ANSWERED IN LOK SABHA ON 08.03.2007 REGARDING LEASING
OF RAILWAY LAND TO PRIVATE RETAILERS
(a) to (c) : Commercial development of Railway land has been taken up by Railways
to raise internal resources. While undertaking commercial development, shopping
malls etc. may also be developed by the developer depending upon the feasibility.
So far, 61 sites have been identified by Railways; out of which 9 bids were
finalized realizing about Rs.7.0 crore. To give focused attention to the scheme,
Rail Land Development Authority (RLDA) has been set up. To begin with 13 sites have
been entrusted to the RLDA who have begun their actions.
(d) to (f): A comprehensive scheme for development of the sites will be required
to be drawn by the selected developer. The scheme will be approved by Railway
taking into account parking, security aspects etc.