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

09 Sep 2022 CW Team

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, 鈥淭he 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.鈥�

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RLDA invites bids for leasing out Sirsa land parcel

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