RLDA invites bids to lease out 10,128 sq m land in Bengaluru

15 Feb 2022 CW Team

The Rail Land Development Authority (RLDA) has floated an online tender for leasing a land parcel at Platform Road, Bangalore. The reserve price for the proposed land of 10,128 sq m is Rs 90 crore.

The land is surrounded by residential colonies, including VV Giri Colony, Shastri Nagar, Lakshmanpuri and Jakkarayanakere. Apollo Hospital in Sheshadripuram is within 500 metre from the land along the Platform Road..

Chairman of RLDA, Ved Prakash Dudeja, said that the land parcel enjoys seamless connectivity to residential and commercial spaces. It is an ideal site for mixed-use development subject to the local bye-laws.The bidders will have the control to plan, organise and construct the development project..

RLDA has four major parts of development, including leasing out commercial sites, colony redevelopment, station redevelopment and multi-functional complexes..

In FY22, RLDA leased several sites, including Pulianthope in Chennai, Amravati and Aurangabad in Maharashtra, Asansol in West Bengal, Bareilly (Uttar Pradesh), Ambari (Guwahati), etc. The Authority has also leased out three railway colonies, including Chilkalguda and Rifle-Range colonies in Secunderabad and Rajkot in Gujarat, for development in FY22..

Image Source.

Also read: RLDA floats tenders for leasing land near Patna Junction

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..