Browsing Tag

Indian Railways

3 posts
Meta Description Indian Railways is monetizing nearly 20 acres of prime land in Mumbai's Bandra East, Parel, and Mahalaxmi

Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore

The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.

Railways Floats Tender for 99-Year Lease of Mahalaxmi Railway Land Worth Nearly ₹1,000 Crore

The RLDA has announced a major land lease opportunity in Mumbai’s Mahalaxmi, inviting bids for the 99-year lease of 10,801 sqm land valued at nearly ₹1,000 crore.

Capacit’e Infraprojects Secures ₹384.72 Crore NHSRCL Contract for Bullet Train Project

Capacit’e Infraprojects, as part of a joint venture with SSC Infrastructure, has bagged a ₹384.72 crore contract from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad Bullet Train project. The scope includes the design and construction of Maintenance cum Technology Centres across six locations in Gujarat.