Indian Railways To Lease 7 Land Parcels In Chennai For Commercial Development

Indian Railways statutory body Rail Land Development Authority (RLDA) is in the process of inviting online bids for leasing seven land parcels for commercial development in Chennai, as the city has emerged as a realty hub with the growth of the IT sector in the past few years. Apart from inviting bids for the land parcels, a request for proposal (RFP) for the redevelopment of the Egmore railway colony will also be invited soon, accor...