RLDA-Prospective Development Partner for Land parcel in New Delhi, India

Rail Land Development Authority (RLDA) a statutory Authority, under the Ministry of Railways, Government of India , in its pursuits has announced an opportunity in one of the most posh residential catchments of New Delhi at Ashok Vihar. The land parcel being offered is spread over ~ 26.57 acres and is envisaged as an integrated residential development with over ~ 2.66 million square feet of built up area. The project is being offered on long term and attractive structured payment format.

Set-up for development of vacant Railway Lands for commercial use for the purpose of generating revenue by non-tariff measures.Indian Railways (IR) has approximately 43,000 hectares of vacant land and intends to partner with prospective private sector players in developing these land parcels.

With transforming investment climate environment and ease of doing business for investors and growing business opportunities in real estate & construction sectors in India, RLDA is offering one of the most attractive proposition.

For more details, assistance and clarifications, player may wish to approach Marketing & Transaction Advisor (Innovest Advisory Services Pvt Ltd/ sachin.pant@innovest.in)