HG Infra Scores Land Deal for Railway Project in Abu Road

HG Infra Engineering has received a significant Letter of Acceptance (LOA) from the Rail Land Development Authority (RLDA) dated July 10, 2024. The LOA pertains to the commercial development of a prime railway land parcel.

The land in question is located at Abu Road Bungalow No. 102, Abu Road (NWR) in Ajmer, Rajasthan. This expansive plot measures 8,034.10 square meters and is set to be developed over a 60-year lease period. This project marks a substantial opportunity for HG Infra, demonstrating their continued expansion and prowess in the infrastructure sector.

The project will be executed on a design, build, finance, operate, and transfer (DBFOT) basis, showcasing HG Infra's comprehensive capabilities in managing complex development projects from inception to operation. This model ensures that HG Infra will handle every aspect of the project, providing a seamless and integrated approach.

This development aligns with RLDA's strategic vision to optimize railway land use for commercial purposes, thereby generating significant revenue and enhancing infrastructure. It is expected to bring economic growth and modernization to the region, benefiting both the local community and the broader economy.

HG Infra's selection for this prestigious project underscores their industry leadership and expertise. The company is poised to deliver a landmark development that will set new standards in commercial infrastructure projects.

News by Rahul Yelligetti