RLDA invites bids to rebuild 25,916 sqm land parcel in Bihar

The Rail Land Development Authority (RLDA) has invited bids for a residential development of land parcel at Driver Tola Colony of Katihar, in the eastern part of Bihar where the entire land area has been divided into two parts - Part A and Part B. The land parcel in Part A is about 8170 sqm, which will be used for railway colony redevelopment while 17,746 sqm of land in Part B will be leased to the selected Bidder for a period of 99 years for residential development. The reserve price for the site is fixed at ₹11.70 crores.

The Railway Colony at Driver Tola is situated adjacent to the East side of the railway station. The proposed site being offered for residential development is accessible by both road and rail. VC of RLDA, Ved Parkash Dudeja informed that Katihar occupies an important position in Bihar with rich agriculture and textile industry making the city one of the most significant areas in the state. The proposed site is a well connected residential area positioned in close proximity to major landmarks in the city, including National Highway 131-A. It is also well-developed in terms of social infrastructures such as schools, hospitals, banks, and ATMs.