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Railways invites bid from private companies for redevelopment of its land, check details

Railways invites bid from private companies for redevelopment of its land, check details In a big push for the railway land redevelopment plan, Railways has invited bids to grant a lease of a railway colony in New Delhi for 99 years. The Railways has invited bids for the redevelopment of its land in New Delhi. (File Image) Share Updated: Dec 11, 2020, 03:56 PM IST The Rail Land Development Authority (RLDA) has invited bids for a grant of lease for the redevelopment of 2.18 hectares of the Boulevard Road railway colony in New Delhi for 99 years. The reserve price of the leasable land area of about 21,800 square meters is fixed at Rs 393 crores.

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