RLDA floats tenders for leasing 60,407 sq m of land in Dhanbad

21 Jun 2022 CW Team

The Rail Land Development Authority (RLDA) has floated tenders for leasing out 60,407 sq m of land parcel at Old Station Railway Colony in Dhanbad.

The land has a reserve price of Rs 44 crore. The total land area is 81,788 sq m, out of which 60,407 sq m will be leased for residential development for 99 years. The remaining 21,381 sq m of land will be used for redeveloping the existing railway quarters.

The Old Station Railway Colony is situated on the second entry side of Dhanbad Junction railway station. The site is within the boundaries of Dhanbad Municipal Corporation (DMC), near Loco Talab, Dhanbad.

Vice-Chairman of RLDA, Ved Parkash Dudeja, said that Dhanbad has grown by leaps and bounds in the past few years, including the substantial penetration of the information technology (IT) industry.

He said that the Dhanbad real estate sector has been on an upswing for the last decade. Due to the seamless road connectivity of Dhanbad to the other parts of the city, the site location is ideal for residential development, which will further strengthen the economy of Dhanbad.

RLDA is a statutory authority under the Ministry of Railways, which has the responsibility for creating assets for Indian Railways by developing vacant railway land for commercial use to generate revenue based on non-tariff measures.

The pre-bid meeting was conducted online on 14 June. The local and national level developers attended the pre-bid meeting. The deadline to submit the e-bids is 22 July 2022.

Image Source

Also read: RLDA to float tender to enhance Chandigarh Railway Station

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..