RLDA invites bids for leasing out Sirsa land parcel

08 Sep 2022 CW Team

The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for the leasing of a 29, 065 square meter land parcel in Sirsa, Haryana, in the railways' Bikaner division, for residential development (67% residential and 33% commercial).

The proposed land parcel will be leased for 99 years and is located near the railway colony. The land's reserve price is approximately Rs 284.7 million. On August 25, a pre-bid meeting was held in which developers were present and their questions were answered. The deadline for submitting e-bids is October 7.

Ved Parkash Dudeja, vice-chairman of RLDA, said, “The proposed land parcel located at Sirsa is predominantly residential development where 33% can be developed as commercial. This kind of development will facilitate a holistic ecosystem in that region. Sirsa is continuously moving forward on the path of development. To give more impetus to development, the government has launched a slew of infrastructure initiatives.”

The district of Sirsa is the largest in the state of Haryana. The state government has announced development projects worth Rs 5.75 billion for the Sirsa district, including Rs 130 million for health, Rs 880 million for road infrastructure, Rs 340 million for water drainage, and Rs 2.26 billion for rural development. The Railway Land Development Authority (RLDA) is a statutory authority of the railway ministry in charge of developing railway land. Its development strategy includes four key mandates.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..