RLDA would lease a block of land in Dwarka for 11.93 billion

12 Jan 2023 CW Team

In Sector 21, Dwarka, Delhi, the Rail Land Development Authority (RLDA) has issued a request for bids for leasing out a plot of railway land of 124,000 square metres for INR 11.93 billion. The land parcel has a residential preference (55%) and a business preference (45%). The pre-bid meeting took take place on 10 January and the deadline for submitting an electronic offer is 06 February. The Ministry of Railways has established the Rail Property Development Authority (RLDA) as a statutory body in charge of railway land development. RLDA's development strategy includes four main mandates: colony redevelopment, station redevelopment, leasing of commercial lands and multi- functional complexes.

“The land parcel located near Bijwasan is an ideal location for residential development in the heart of the national capital. The city has always been the most sought-after residential destination for homebuyers; however, in recent decades, the market has been dominated by individual dwellings ranging from bungalows to independent floors,” said Ved Parkash Dudeja, Vice Chairman, RLDA.

“New Railway passenger terminal is being developed adjacent to this land parcel, which will attract huge footfall in the area. The proposed land parcel will provide developers with a one-of-a-kind opportunity to build a residential / commercial project to meet the rising demand for premium real estate property in New Delhi,” he added.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..