Indian Railways Invites Bids for Leasing Out Land in Delhi, Chennai, Lucknow, Hyderabad and Other Cities

The Rail Land Development Authority (RLDA) has invited bids to lease out Indian Railways land at 16 locations in the country. RLDA hopes to fetch atleast Rs. 1,900 crores from this exercise.

The 16 sites are located in Lucknow, Gorakhpur, Secunderabad, Delhi, Kolkata, Chennai, Ajmer, Sawai Madhopur, Varanasi, Bhavnagar, Amravati, Guwahati and Katra.

“RLDA will lease out these land parcels to prospective developers who will be mandated to develop these sites in line with local bye-laws. These sites offer tremendous growth opportunities for investors and developers,” said Ved Parkash Dudeja, Vice Chairman, RLDA.

RLDA is targeting revenue generation of INR 2,000 crore for the Indian Railways in 2021-22, up from INR 352 crore in the previous year.

Details of Indian Railways Land Parcels Offered for Leasing by RLDA

SiteStateReserve Price (Rs. Crore)AreaDevelopment Type
Land at Beawer Road- AjmerRajasthan408960 Sqm.Commercial Development
Sawai MadhopurRajasthan13.54000 Sqm.Commercial Development
Land at Pulianthope, ChennaiTamil Nadu11.62.09Residential
Land at Waltax Road ChennaiTamil Nadu4.191116.67 Sqm.Commercial Development
Lucknow Railway Station RedevelopmentUttar Pradesh556.812.23 acre Commercial LandRedevelopment of Railway Station and Commercial Development
Ramgarh Tal Colony and Railway Colony Redevelopment at Bauliya Colony GorakhpurUttar Pradesh71.532011 Sqm.Residential Development with Construction of Railway Transit Suites
Commercial Development and Redevelopment of Railway Colony at Vasundhara Old Loco Railway Colony VaranasiUttar Pradesh2415161 Sqm.Commercial Development and Redevelopment of Railway Colony
Railway Land, Pocket-F in Vibhuti Khand, Gomti Nagar, LucknowUttar Pradesh1186.86 AcresResidential Development
Land parcel at Bhavnagar Western RailwayGujarat9.74969 Sqm.Residential Cum Commercial Development
Commercial land in the Vicinity of Amravati Railway StationMaharashtra2510080 Sqm.Commercial Development
Commercial land at NizamabadTelangana3.952204.96 Sqm.Commercial Development
Land Parcel near Moula Ali Flyover in Secunderabad, TelanganaTelangana8621.51 AcreCommercial Development
Boulevard Road Railway ColonyNew Delhi3932.18 HaRailway Colony Redevelopment
Land parcel at Ambari, Guwahati, Northeast Frontier RailwayAssam69.99488.22 Sqm.Residential Cum Commercial Development
Land Parcel A- Shri Mata Vaishno Devi Katra Railway StationJammu & Kashmir14.187521.45 Sqm.Commercial Development
Land Parcel B- Shri Mata Vaishno Devi Katra Railway StationJammu & Kashmir14.977831.23 Sqm.Commercial Development
Land at Salt GolahWest Bengal44888300 Sqm.Commercial Development

The Rail Land Development Authority (RLDA) is a statutory authority under the Ministry of Railways for the development of Railway land. It has four key mandates as a part of its development plan, namely leasing of commercial sites, colony redevelopment, station redevelopment and multi-functional complexes.

Indian Railways has approximately 43,000 hectares of vacant land across India.

RLDA is currently handling 84 commercial (greenfield) sites and 84 railway colony redevelopment projects across India for leasing and the eligible developers for each will be selected through an open and transparent bidding process. RLDA is also mandated with the redevelopment of railway stations and is currently working on 60 Railway stations in a phased manner while its subsidiary, IRSDC, has taken up another 63 Railway stations PAN India.

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