Work Description - Grant Of Lease For Residential/commercial Development Of Approximately 10,801.70 Sqm Of Railway Land In Mahalaxmi, Mumbai For 99 Years Lease Period

The Rail Land Development Authority (RLDA) invites bids for the Grant of Lease for Residential/Commercial Development of approximately 10,801.70 Sqm of Railway land in Mahalaxmi, Mumbai. This open, advertised tender, with a tender reference number of RLDA/2024/RFP/CD-47, seeks a developer to undertake a 99-year lease for this prime property. The tender period commences on September 27, 2024, with bids closing on November 4, 2024, at 3:00 PM. A tender fee of ₹118,000 and an Earnest Money Deposit (EMD) of ₹27,700,000 are required for participation. Interested parties are encouraged to download tender documents from September 27, 2024, and submit their bids electronically by the specified deadline. This tender represents a unique opportunity to develop a valuable property in a high-demand location, contributing to the ongoing development of Mumbai.