RLDA Invites EOI for Leasing Air Space at Thane Railway Station
The RLDA seeks expressions of interest for leasing air space at Thane Railway Station for a new transit hub project
Thane, India, RLDA, Multi-Modal Transit Hub, Commercial Space
Thane: The Rail Land Development Authority (RLDA) is on the lookout for expressions of interest to lease out some vertical air space at Thane Railway Station. This is part of a bigger plan to create a Multi-Modal Transit Hub.
They’re teaming up with the Thane Municipal Corporation to make this happen. The idea is to improve traffic flow and make the area more accessible. An official mentioned that they’re planning to build an 11-floor commercial building on a 9,000 sqm plot near platform number 10A.
This new building will have a basement for parking, ground and mezzanine levels for railway services, and eight upper floors for commercial use. It’s a pretty big deal for the area.
RLDA is looking to lease out the air space of those upper floors, which totals about 24,280 sqm, for a long-term period of 60 years. They’ll hand over the space as a bare-shell structure, while they’ll take care of the common areas and utilities. The plan is to have this ready by June 30, 2026.
To make things even better, TMC is building a 2.24 km elevated road that will connect the Eastern Expressway to the station’s east side. This will make it super easy for people to access the area, especially with the proposed metro network coming in.
One RLDA official pointed out that the first floor is perfect for retail shops, while the upper floors can be used for commercial or hospitality businesses. It’s a great chance for companies to set up shop in a bustling part of Maharashtra.
With this project, RLDA aims to create a vibrant commercial center right in the heart of Thane. They’re encouraging interested parties to get their EOIs in quickly to take advantage of this unique opportunity.
Don’t forget, there’s a pre-application conference scheduled for 11:30 am on January 15, 2025. The deadline for submitting EOIs is 3 pm on January 31, 2025, and they’ll open the EOIs at 3:50 pm on the same day.