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The Rail Land Development Authority (RLDA) has invited bids for the redevelopment of the Boulevard Road Railway Colony in North Delhi's Civil Lines area. Spanning approximately 2.15 hectares (21,568 sq metres), the land will be leased for 99 years, with a reserve price of INR 318 crore (approximately USD 3.8 million). The prime location along GT Karnal Road offers easy city access, close to Tis Hazari Metro Station and Rani Jhansi Flyover. Designated as a Residential Bungalow Zone, the project aims to create new housing options, optimising underutilised railway land.
Residents of Delhi can expect a new development project in North Delhi's Civil Lines area. The Rail Land Development Authority (RLDA) has invited bids for the redevelopment of the Boulevard Road Railway Colony. Advertisement
This project aims to utilise a currently vacant area for a new development. Spanning approximately 2.15 hectares (approximately 21,568 sq metres), the land will be leased for a period of 99 years. This redevelopment plan signifies the Indian Railway's initiative to optimise the use of their underutilised land holdings.
The Boulevard Road Railway Colony is situated in a prime location along Lala Hardev Sahai Marg, also known as GT Karnal Road. This busy road offers easy access to other parts of the city. Residents will also benefit from the close proximity to the Tis Hazari Metro Station, just a 10-minute walk away, and the Rani Jhansi Flyover, a 5-minute drive away.
The designated zone for the project is Residential Bungalow Zone. This indicates that the new development will likely focus on residential properties, potentially including bungalows or low-rise apartment buildings with a total floor area ratio (FAR) of 16,176.26 sq metres. The specific details of the project will depend on the winning bidder's plans, which must adhere to the latest Master Plan of Delhi (MPD) and Development Control Regulations (DCR).
The redevelopment of the Boulevard Road Railway Colony presents an opportunity to create a new residential space in a well-connected area of Delhi. The project timeline and specific details will be determined once a developer is chosen. This initiative, with a reserve price of INR 318 crore (approximately USD 3.8 million), reflects the ongoing efforts to optimise land use and create new housing options in the capital city.
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