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

Technology

10 Nov 2025

Red Hat Launches EU-Based Support to Boost Digital Sovereignty

Red Hat, the global leader in enterprise open source solutions, has announced Red Hat Confirmed Sovereign Support for the 27 European Union member states. The initiative aims to strengthen digital sovereignty by offering dedicated, EU-citizen-driven technical support within the EU region. This new service provides verifiable local control over IT operations, addressing Europe’s growing need for compliance, transparency, and operational autonomy. European businesses increasingly view digital sovereignty as vital for economic resilience, AI innovation, and secure data governance amid global g..

Afreximbank Funds $36.4 Million Stadium Project in Uganda

The African Export–Import Bank (Afreximbank) has extended a $36.4-million contract financing facility to Egypt’s SAMCO–National Construction Company (SAMCO) for the construction of the Akii Bua Olympic Stadium in Lira, Uganda. The project is part of Uganda’s preparations to co-host the 2027 Africa Cup of Nations (AFCON) alongside Kenya and Tanzania. The funding was granted under Afreximbank’s Engineering, Procurement and Construction (EPC) programme, which supports African contractors undertaking large-scale infrastructure projects across the continent. Signed in Cairo, the agreeme..

BirlaNu Acquires Clean Coats to Boost Construction Chemicals Portfolio

BirlaNu, part of the multi-billion-dollar CKA Birla Group, has announced the acquisition of Clean Coats Private for approximately Rs 1.2 billion, marking a major step in expanding its construction chemicals and high-performance coatings business. Founded in 1999, Clean Coats is a pioneer in specialty coatings, offering epoxy and polyurethane coatings, waterproofing systems, anti-corrosion linings, and food-grade protective solutions. The company serves industrial, oil & gas, and water management sectors across India and in more than 27 countries. Backed by a strong R&D and application develop..