+
RLDA would lease a block of land in Dwarka for 11.93 billion
RAILWAYS & METRO RAIL

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

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.

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.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?