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The Public Accounts Committee of the Lok Sabha has found that the Railway Land Development Authority failed in its objective to develop railways land for commercial use due to various reasons. In its report presented to the Lok Sabha, the committee said that it reviewed 17 of the 49 sites
Investment to expand Hundred Nights Emergency Shelter and Resource Center
The built up area of the site is 6173.89 sq. m., and its reserve price is Rs 3.95 crore. The land will be leased out for 45 years. The online pre-bid meeting will be held on 3rd June 2021, and the deadline for the bid submission is 26th July 2021.
Leading investors show interest in New Delhi railway station redevelopment January 22, 2021 File photo - THE HINDU× Over 30-35 prominent investors participated in the road shows for New Delhi’s station redevelopment project conducted by Rail Land Development Authority. Among the prominent names were Macquarie Group, Ontario Teachers’ Pension Plan, Brookfield, I Squared Capital, Mahindra Group, Mecef International and Infrastructure. RLDA, a statutory body under the Ministry of Railways, conducted the online roadshows to showcase the project that involve a capital expenditure of app...
New Delhi station revamp is expected to incur a capital expenditure of around $680 million New Delhi Railway Station Redevelopment: The Rail Land Development Authority (RLDA), is planning to conduct virtual roadshows on the redevelopment project of the New Delhi railway station. The roadshows will be organized online from January 14-19, 2021 with investors and developers from various countries such as Singapore, Australia, Dubai, and Spain, to discuss the project concept and the proposed transaction structure with the potential bidders. The objective of the initiative is to engage with re...