SECR Raipur to Lease Railway Land for Cargo Growth

The Raipur Division of the South East Central Railway, or SECR Raipur, released a 35-year railway land lease program to boost cargo infrastructure and catalyze long-term revenue growth across central India’s primary industrial hubs. This is reported by the railway transport news portal Railway Supply.

SECR Raipur Announces 35-Year Land Lease Plan

The Commission upheld that the yearly rental amount is 1.5% of the market value of the land and escalates by 6% annually. Therefore, the corporations investing in the scheme will enjoy safe, constant tenure for the future and the railroad receives dependable income.

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In addition, the division has invited expressions of interest from industries. The leasehold premises accommodate warehouses, conveyor systems, silos, truck depots, and rail-road weighbridges that optimize logistics efficiency and multimodal cargo handling.

Cargo Infrastructure Development Around SECR Raipur

The land sites have been made available near functioning goods sheds at Raipur, Bhilai, Tilda Neora, Balod, Antagarh, and other strategic locations. Additional sites at Kumhari, Kusumkasa, Mandir Hasaud, and Rajim have been introduced to accommodate different proposals of investment.

The infrastructure will facilitate business set-up of sorting, grading, packaging, and assembly facilities. In addition, landscaped truck bays and logistic hubs will streamline freight handling, allowing for regional trade and cutting down on congestion on local transport routes.

Regarding South East Central Railway

South East Central Railway is one of India’s major railway zones, and it covers the whole of Chhattisgarh and neighboring states. Raipur Division of its own plays an important role in supporting passenger services and freight connectivity, connecting national supply chains with industry.

Source, photo: infra.economictimes.indiatimes.com

What is the purpose of leasing railway land by SECR Raipur?

Long-term cargo infrastructure expansion and revenue growth is the principal objective. SECR Raipur’s objective is enticing business houses to set up warehouses, silos, and terminal infrastructure in the vicinity of goods shed.

How long does the lease last and under what conditions?

The lease period is 35 years. The corporations will provide an annual payment of 1.5% of the land’s market value and raise it by 6% annually.

Where will business find vacant land pursuant to the scheme?

The sites lie in close proximity to operational goods sheds at Raipur, Bhilai, Tilda Neora, and other towns such as Balod, Antagarh, and Rajim, and offer vast potential for logistic and industrial investors.

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