IRSDC Invites e-RFP for Bijwasan Station Mixed Used Dev

Indian Railway Stations Development Corporation Ltd. (IRSDC) has invited e-Request for Proposal (RFP) for leasing of land parcel for mixed-use development as a part of Bijwasan Railway Station development project. The total la

BY Realty Plus
Published - Tuesday, 13 Apr, 2021

IRSDC Invites e-RFP for Bijwasan Station Mixed Used Dev

Indian Railway Stations Development Corporation Ltd. (IRSDC) has invited e-Request for Proposal (RFP) for leasing of land parcel for mixed-use development as a part of Bijwasan Railway Station development project. The total land area available for mixed used development is 18,000 Sqm. and is available for bidders on lease hold rights basis for a period upto 99 years. The approximate Built-Up Area (BUA) allowed for development is 50,233 Sqm. The RFP Document can be accessed on website. The Pre-Bid Meeting is scheduled on 15 April, 2021. And the last date to submit applications is 10 May, 2021. The station development tenders have already been awarded on ‘Engineering, Procurement and Construction’ (EPC) mode and at present the development work is in progress. “The development of land parcels will offer provision for facilities like residential complexes, hotel, retail, office spaces, commercial complexes and markets, etc. which makes it attractive for real estate developers. It also offers huge economic benefits in terms of increased employment, reduced environmental pollution and overall improvement in living standard of people in the catchment area,” said S.K. Lohia, Managing Director and Chief Executive Officer, IRSDC. The development work at Bijwasan Railway Station is being done on the basis of ‘Transit Oriented Development’ (TOD) principles for compact, energy efficient and passenger friendly amenities. A ‘Memorandum of Understanding’ (MOU) with Delhi Development Authority was signed during December 2019 for redevelopment of Bijwasan Railway Station. The Bijwasan Station is also designated as ‘Integrated Directional Passenger Terminal’ as a part of the Master Plan for Delhi 2021.