Railway Authority Receives Rs 1,368 Crore Bid To Redevelop Prime Land In Central Mumbai
January 9, 2026: The Railway Land Development Authority (RLDA) has received a Rs 1,368 crore bid for the redevelopment of Supari Baug railway colony, a nearly six-acre land parcel located in Parel, one of central Mumbai’s rapidly transforming neighbourhoods. The site is being offered on a 99-year lease under a revenue-sharing framework as part of […]
Indian Railways Bets On Mumbai Land To Raise Funds For Infrastructure Projects
October 14, 2025: Facing funding constraints, the Indian Railways is turning to its extensive land holdings in Mumbai and other major cities to raise capital for infrastructure projects. After missing its initial monetisation target by over Rs 1.2 lakh crore, the railways now aims to unlock substantial funds through 99-year leases of prime land parcels. […]
Indian Railways To Monetise Prime Mumbai Land Parcels, Targeting Rs 80 Billion
September 18, 2025: The Rail Land Development Authority (RLDA), the land monetisation arm of Indian Railways, is set to lease premium land parcels across Mumbai in a move expected to raise at least Rs 80 billion. The initiative covers nearly 25 acres across four prime sites, offering significant scope for both residential and commercial development. […]