The Rail Land Development Authority (RLDA) has invited bids for a residential development of 62,780 sq mtr of land at Chaupla Railway Colony, Izzat Nagar, Bareilly in Uttar Pradesh.
The complete land area of the project is divided into two parts. In the Part-A (19,660 sq mtr) is earmarked for mandatory redevelopment of railway assets and in Part-B (62,780 sq mtr) is earmarked for residential development.
The reserve price for the site is fixed as Rs 160.50 crore. The developer will also be given mandated to redevelop 190 quarters, manoranjan hall, and other minor structures as part of the railway colony redevelopment.