Pakistan Railways earns over Rs 81 million by leasing out railway land in KPK

NationalPakistan Railways earns over Rs 81 million by leasing out railway land...

ISLAMABAD, Pakistan: Pakistan Railways has earned Rs 81.724 million by leasing out unutilized land of the railway available on Mardan-Dargai section in Khyber Pakhtunkhwa (KPK) for various purposes during the last five years.

The railway land was leased out on both the short and long term basis, official sources in the Ministry of Railways told APP here.

Giving break-up, they said, the land was leased out for agriculture at Rs 0.204 million, parking at Rs 0.29 million, stacking at Rs 2.44 million and tehbazari at Rs 6.45 million.

The lease included shops at Rs 1.96 million, cattle fares at Rs 0.64 million, row for the construction of flyover at Takht Bhai at Rs 0.55 million, buildings at Rs 2.715 million and goods shed at Rs 2.937 million besides giving land for other commercial activities at Rs 63.536 million.

The available railway land is leased out in a transparent manner through open public auction by fixing bench mark/reserve price of auction after evaluation, they added.

They said the entire section between Mardan-Dargai Railway Stations was free from any unauthorized occupation and encroachments.

In case of any temporary encroachments like hand carts, wheel barrows etc these are immediately handled effectively by carrying out clean-up operations in coordination with the District Administration, the sources said.

They said that at present, 357.20 acres of railway land exists over Mardan-Dargai section having worth of Rs. 1412.00 million approximately.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

AZAL plane crash updates

AZAL plane crash updates: 32 individuals have survived the crash Azerbaijan Airlines flight from...

0
Monitoring Desk: Azerbaijan Foreign Ministry issues statement on AZAL plane crash, Azernews reports, citing the Ministry of Foreign Affairs.The statement reads:“On December 25, an...

EU and UK statements on awarding of punishments to 9th May culprits are “Absolutely...

0
Islamabad, Pakistan: As expected a Foreign, Commonwealth & Development Office spokesperson of the United Kingdom on December 23, 2024, expressed concerns over the conviction...
National College of Business Administration & Economics offers Certification program in Solution-Focused Brief Therapy Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that is incredibly efficient and many therapists report significant breakthroughs in a single session. Interested persons can contact Dean of Social Sciences Dr Asir Ajmal by sending email at asirajmal@gmail.com

The National College of Business Administration & Economics offers a Certification program in Solution-Focused...

0
Lahore, Pakistan: National College of Business Administration & Economics (NCBAE) Main Campus is offering an Introductory Level Certificate in Solution-Focused Brief Therapy (SFBT) that...
Foreign powers, Imran Khan and his foreign connections

Legal implications of Movement of Civil Disobedience and sending remittances through illegal means

0
Islamabad, Pakistan: In 2014, the founding chairman of PTI Imran Khan announced a movement of Civil Disobedience. He burnt utility bills and ordered his...
Hassan Niazi convicted for May 9 mutiny

May 9 Case Verdict: Real justice will be done by bringing the mastermind to...

0
Islamabad, Pakistan: On May 9, 2023, the miscreants of PTI wrote a dark chapter in the history of Pakistan on the clear instructions of...
Advertisement