Bids Invited For Redevelopment Of Railway Housing Complex In Bengal

In a bid to redevelop railway housing complexes along with commercial exploitation of the areas in West Bengal, the Rail Land Development Authority (RLDA) has sought private participation for its real estate projects.

RLDA has invited bids for the redevelopment of the existing railway housing complex as well as the development of commercial/residential space at Barrack Colony, New Jalpaiguri in West Bengal.

The bid carries a reserve price of Rs 26.7 crore for the area of 16,222 Sqm to be leased out for 99 years. The online Pre-Bid meeting was held on December 22, 2021 where prominent developers participated.

The last date of e-bid submission is January 28, 2022.

The busy railway station of New Jalpaiguri is also about 5-10 minutes drive from the land parcel.

Ved Parkash Dudeja, Vice-Chairman of RLDA says, “New Jalpaiguri-Siliguri twin town is the gateway to Darjeeling, Kalimpong and Gangtok hill stations. This site is located on New Jalpaiguri Station main road and has great connectivity. The entire land is free from any obstruction or encroachment where development can start immediately. This land, which is put to bid, is surrounded by lush green trees and has a peaceful location. Above all, the sizable open space around this spot makes the Barrack Colony an excellent place to develop high-quality residential apartments.”

While the overall land area available is 21,963 Sqm, the area to be leased out is 16,222 Sqm with a permissible Floor Space Index (FSI) of 3.0. The re-development work of construction of 96 units Type-II Quarters for Railway employees is to be completed over a period of two years.

RLDA is a statutory body formed under the Ministry of Railways for the development of railway land. It has four key mandates as part of its development plan, which include leasing of commercial sites and development/redevelopment of colonies, stations, and multi-functional complexes.