RLDA to lease out 29,065 sq m land parcel in Sirsa
Real Estate

RLDA to lease out 29,065 sq m land parcel in Sirsa

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

The proposed land parcel is located near the railway colony and will be leased out for 99 years. The reserve price of the land is approximately Rs 28.47 crore. The pre-bid meeting was held on August 25, in which developers participated and their queries were answered. The last date for submission of e-bids is October 7.

Ved Parkash Dudeja, Vice Chairman of RLDA, said, “The proposed land parcel located at Sirsa is a 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.”

Also read:
RLDA invites bids for leasing out Sirsa land parcel


The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for leasing out a 29,065 sq m land parcel at Sirsa, Haryana, in the Bikaner division of railways for residential development (67% residential and 33% commercial). The proposed land parcel is located near the railway colony and will be leased out for 99 years. The reserve price of the land is approximately Rs 28.47 crore. The pre-bid meeting was held on August 25, in which developers participated and their queries were answered. The last date for submission of e-bids is October 7. Ved Parkash Dudeja, Vice Chairman of RLDA, said, “The proposed land parcel located at Sirsa is a 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.” Also read: RLDA invites bids for leasing out Sirsa land parcel

Next Story
Infrastructure Urban

Consistent reforms will foster growth and reduce investor risk

Incorporated in 1986 as a wholly owned subsidiary of State Bank of India, SBI Capital Markets Ltd (SBICAPS) is a SEBI-registered Category I merchant banker and research analyst. It offers the entire bouquet of investment banking and corporate advisory services under one umbrella, covering project advisory and structured financing, capital markets, mergers and acquisitions, private equity, ESG advisory, startup advisory and stressed assets resolution. Headquartered in Mumbai, SBICAPS has seven regional offices of which six are in India (Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata and New ..

Next Story
Infrastructure Urban

Adani Group Invests $240M in Global Skills Academy

The Adani Group has announced a partnership with ITE Education Services (ITEES) of Singapore to establish a world-class talent pipeline for industries such as Green Energy, Manufacturing, Hi-tech, Project Excellence, and Industrial Design. The initiative will see an investment of over $240 million by the Adani family to set up internationally benchmarked schools of excellence, named Adani Global Skills Academy. These finishing schools will train students from technical and vocational backgrounds, equipping them with industry-relevant certifications. Graduates will have employment opportunities..

Next Story
Infrastructure Urban

Swiggy to Invest $120M in Scootsy for Expansion

Food and grocery delivery giant Swiggy Ltd announced on Friday that it will invest up to $120 million in its wholly owned subsidiary Scootsy Logistics in one or more tranches. Scootsy specializes in supply chain services and distribution, including warehouse management, in-warehouse processing with value-added services, and order fulfillment for wholesalers and retailers. "We wish to inform that the Board of Directors of the company, at its meeting held on Friday, February 21, 2025, has approved the investment by the company in the equity shares of Scootsy Logistics Private Limited, a wholly..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?