RLDA Invites Bids for Redevelopment of Boulevard Road Railway Colony

The Rail Land Development Authority (RLDA), a statutory authority of Indian Railways, has invited bids for the redevelopment of the Boulevard Road Railway Colony in Delhi. The land, approximately 2.156 hectares (21,568.35 sqm) in size, will be leased for 99 years with a reserve price of INR 318 crore. The site has an applicable Floor Area Ratio (FAR) of 16,176.26 sqm.

The Boulevard Road Railway Colony is strategically located along Lala Hardev Sahai Marg/GT Karnal Road, near the Tis Hazari Metro Station and the Rani Jhansi Flyover in New Delhi. The main access to the site is via Lala Hardev Sahai Marg, which features a divided carriageway with a Right of Way (ROW) of approximately 30 meters.

East: Private residences
West: DDA Flats
South: Lala Hardev Sahai Marg and Tis Hazari Metro Station
North: Victoria Girls Senior Secondary School & Tirath Ram Shah Hospital

The site, located in the Residential Bungalow Zone, holds significant development potential. The redevelopment will adhere to the latest Master Plan of Delhi (MPD) and Development Control Regulations (DCR), offering an excellent opportunity for urban development in a prime location.