RLDA Plans 99-Year Lease For Yeshwantpur Housing

28 Feb 2026 CW Team

Under the plan, the lease will be structured to allow comprehensive redevelopment of the colony while preserving essential railway operational needs. The RLDA intends to set terms that balance developer obligations with public interest and to require adherence to local planning and zoning norms. The move follows wider efforts to monetise railway land to meet growing urban housing demand.

Officials expect the initiative to improve housing availability in the Yeshwantpur area and to create opportunities for modern residential amenities and supporting infrastructure. The authority believes that a long tenure will enable developers to plan phased construction and deliver sustained maintenance regimes.

The process is expected to involve defined timelines for tendering and selection and to incorporate safeguards for displaced residents and heritage structures where applicable. Stakeholders will be encouraged to propose mixed use solutions that integrate community facilities, green spaces and transport connectivity. RLDA will work with municipal agencies to ensure alignment with Bengaluru city planning priorities.

Consultation with local communities and municipal authorities is expected to be part of the project planning to address social and environmental concerns and to refine land use proposals. Proposals are likely to include commitments for affordable housing components and measures to enhance pedestrian and public transport access. The authority will monitor compliance through staged approvals and performance guarantees to ensure project delivery and long term upkeep. The plan aligns with broader urban renewal objectives for the city centre.

The Rail Land Development Authority (RLDA) has announced plans to offer a 99-year lease for a residential development at the Yeshwantpur railway colony in Bengaluru. The proposal is aimed at unlocking land held by railways for long term housing use and attracting private sector investment. The authority indicated that the long lease tenure is intended to provide certainty for capital allocation and sustained urban development. Under the plan, the lease will be structured to allow comprehensive redevelopment of the colony while preserving essential railway operational needs. The RLDA intends to set terms that balance developer obligations with public interest and to require adherence to local planning and zoning norms. The move follows wider efforts to monetise railway land to meet growing urban housing demand. Officials expect the initiative to improve housing availability in the Yeshwantpur area and to create opportunities for modern residential amenities and supporting infrastructure. The authority believes that a long tenure will enable developers to plan phased construction and deliver sustained maintenance regimes. The process is expected to involve defined timelines for tendering and selection and to incorporate safeguards for displaced residents and heritage structures where applicable. Stakeholders will be encouraged to propose mixed use solutions that integrate community facilities, green spaces and transport connectivity. RLDA will work with municipal agencies to ensure alignment with Bengaluru city planning priorities. Consultation with local communities and municipal authorities is expected to be part of the project planning to address social and environmental concerns and to refine land use proposals. Proposals are likely to include commitments for affordable housing components and measures to enhance pedestrian and public transport access. The authority will monitor compliance through staged approvals and performance guarantees to ensure project delivery and long term upkeep. The plan aligns with broader urban renewal objectives for the city centre.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..