As many as 13 players participated in a pre-bid consultation conducted by the Indian Railway Stations Development Corporation (IRSDC) for leasing about 18,000 sq mtr land for mixed-use development as part of the Bijwasan railway station development project.
GMR, Larsen & Toubro (L&T) and the National High Speed Rail Corporation (NHSRCL) are among the 13 firms that have shown interest in the redevelopment of a vacant land near the Bijwasan railway station in Delhi.
IRSDC had recently invited a request for proposal (e-RFP) for leasing of the vacant land for mixed-use development as part of the project. Bids have been invited from the interested entities for the mixed-use development of eight land parcels measuring 18,000 sq mtr with an approximate built-up area of 50,233 sq mtr allowed for development on the basis of lease rights up to 99 years.
Bharti Realty, Godrej Funds, Eldeco, Holistic Urban-Gannon Dunkerely, One Group Developers, Oriental Structures, Kalpataru Power Transmission, MKS Ventures, Thoth Infra and Virtuous Retail are other firms that have shown interest in the project.
The Bijwasan station area development tenders have already been awarded on the engineering, procurement and construction (EPC) mode and at present the development work is in progress.
The Bijwasan railway station will be developed into a world-class transport hub with an aim to offer travel experience to passengers. The development work at the station area is already under progress and the nodal agency has recently invited e-RFP from bidders for mixed-use development of the land parcel.
The mixed-use development of the land parcel has provisions for facilities like residential complex, hotel, retail, office spaces, commercial complex and markets, etc which makes it enticing for real estate developers.