The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for the leasing of a 29, 065 square meter land parcel in Sirsa, Haryana, in the railways' Bikaner division, for residential development (67% residential and 33% commercial).
The proposed land parcel will be leased for 99 years and is located near the railway colony. The land's reserve price is approximately Rs 284.7 million. On August 25, a pre-bid meeting was held in which developers were present and their questions were answered. The deadline for submitting e-bids is October 7.
Ved Parkash Dudeja, vice-chairman of RLDA, said, “The proposed land parcel located at Sirsa is predominantly residential development where 33% can be developed as commercial. This kind of development will facilitate a holistic ecosystem in that region. Sirsa is continuously moving forward on the path of development. To give more impetus to development, the government has launched a slew of infrastructure initiatives.”
The district of Sirsa is the largest in the state of Haryana. The state government has announced development projects worth Rs 5.75 billion for the Sirsa district, including Rs 130 million for health, Rs 880 million for road infrastructure, Rs 340 million for water drainage, and Rs 2.26 billion for rural development. The Railway Land Development Authority (RLDA) is a statutory authority of the railway ministry in charge of developing railway land. Its development strategy includes four key mandates.
See also:
RLDA floats tenders for leasing 60,407 sq m of land in Dhanbad
RLDA invites proposal for Delhi Cantt Railway Station redevelopment
