RLDA floats tender for leasing 52,630 sq m land parcel at Hubbali

17 Feb 2022 CW Team

The Rail Land Development Authority (RLDA) has floated a tender for leasing out 52,630 sq m of land parcel at MTS Colony, Karwar Road in Hubbali, with an overall reserve price of Rs 83 crore.

The land parcel will be leased for 99 years for mixed-use development like residential and commercial use.The permissible Forest Survey of India (FSI) for the site for commercial is 3.0 and residential is 2.75.

Vice-Chairman of RLDA, Ved Prakash Dudeja, said that Hubbali is one of the major commercial hubs of Karnataka and the fastest growing city after Bangalore and Mangalore.The Hubbali Division of the South Western Railway (SWR) zone is one of the largest revenue-generating zones in India.The proposed land parcel is ideal for commercial and residential development.

He said that Hubbali is one of the commercial hubs of Karnataka and has twice a wide cluster of industries and over one lakh small and medium industries.

RLDA, under the Ministry of Railways, is a statutory authority for developing Railway land.The development plan consists of four key parts, leasing out commercial sites, colony development, station development and multi-functional complexes.

Image Source

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

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..