Bijwasan railway station development project: 13 firms show interest

Larsen and Toubro (L&T), GMR and National High Speed Rail Corporation Ltd (NHSRCL) are among the 13 firms that participated in the pre-bid consultation for acquiring a vacant land near the Bijwasan railway station in Delhi as a part of the Bijwasan railway station development project. A total of 13 players participated in a pre-bid consultation conducted by the Indian Railway Stations Development Corporation (IRSDC) for leasing about 18,000 sq m of land for mixed-use development as part of the Bijwasan railway station development project. Indian Railway Stations Development Corporation (IRSDC) had recently invited a request for a proposal (e-RFP) for the leasing of the vacant land for mixed-use development as part of the project. These redeveloped hubs will be called 'Railopolis'. The 13 firms that have shown interest in the project are: Bharti Realty Eldeco Godrej Funds GMR Holistic Urban-Gannon Dunkerley Kalpataru Power Transmission Larsen and Toubro (L&T) MKS Ventures National High Speed Rail Corporation Ltd (NHSRCL) One Group Developers Oriental Structures Thoth Infra Virtuous Retail Bids have been invited from the interested entities for the mixed-use development of eight land parcels measuring 18,000 sq m with an approximate built-up area of 50,233 sq m allowed for development on the basis of lease rights up to 99 years. The Bijwasan station area development tenders have already been awarded in the engineering, procurement and construction (EPC) model, and currently, the development work is in progress. Development work at the station area is already in progress, and recently e-RFP were invited from bidders for a mixed-use development of the land parcel. IRSDC is a joint venture company of the Rail Land Development Authority (RLDA), Rail India Technical and Economic Service (RITES) and the Indian Railway Construction Ltd (IRCON). Image Source Also read: Railways to release vast land for commercial development Also read: Bids invited for lease of railway land Also read: RLDA is developing 62 stations on PPP mode: VC