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

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..