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

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

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

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

Next Story
Infrastructure Transport

ADB Approves Final $299 Million Loan For Delhi–Meerut RRTS

The Delhi–Meerut Regional Rapid Transit System (RRTS) project has achieved a key milestone with the Asian Development Bank (ADB) approving a $299 million loan as the final tranche of its Multi-Tranche Financing Facility (MFF) on 30 September. This marks the completion of ADB’s four-tranche financing for the ambitious high-speed regional transport corridor.The Delhi–Meerut RRTS project, with an estimated total cost of Rs 286.3 billion (around $3.5 billion), is being implemented through a multi-layered funding framework combining international financial institutions and contributions from ..

Next Story
Infrastructure Urban

Mizoram’s Kaladan Transport Project To Be Completed By 2027

Mizoram Chief Minister Lalduhoma announced that the Kaladan Multi-Modal Transit Transport Project (KMMTTP) — a cross-border road link connecting southern Mizoram to the Bay of Bengal via Myanmar — is expected to be completed by 2027.Speaking at Tlanglut Kut, a major festival of the Bawm tribe, and the International Bawm Cultural Meet held in Khawmawi village, Lunglei district, Lalduhoma said he had recently met with officials from the company executing the Kaladan project, who assured him that the bilateral infrastructure initiative would be completed within the next two years.He added tha..

Next Story
Infrastructure Transport

Bhopal Metro To Launch Orange Line With Noise Control

The Bhopal Metro is gearing up to launch its priority corridor next month, marking a major milestone for the city’s urban transport network. The Orange Line stretch from AIIMS to Subhash Nagar Depot, covering eight stations, will allow trains to run at speeds of up to 80 km/h while incorporating extensive noise and vibration control technologies, in line with the Metro Rail Transit System Guidelines for Noise and Vibrations (2015), according to the Times of India.Officials from the Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) said the project places strong emphasis on minimising en..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?