By leasing out its land to build hotels, malls, warehouses and even residential complexes Indian Railways hopes to mop up about Rs 2,000 crore. Railway Minister Pawan Kumar Bansal announced that a target of Rs 1,000 crore each is proposed to be fixed for Rail Land Development Authority and IR Station Development Corporation in 2013-14. The 43,000 hectares (one lakh acres) of vacant land at the disposal of Railways is worth an estimated Rs 22 lakh crore.
FlashNews:
IMW 2025: Strategic Fleet Ownership Key to India’s Energy Future
POWERGRID, NEA Ink Cross-Border Transmission Pact to Strengthen India-Nepal Power Ties
Rahul Jain Appointed as Suzlon CFO as RE Major Seeks to Expand Footprint
Gadkari Calls for Accountability and Innovation to Build World-Class Roads
India’s Solar Diplomacy Gains Momentum as Minister Joshi Calls for Equitable Energy Transition at ISA Plenary
Solar for All: President Murmu Urges Inclusive Energy Revolution at ISA Plenary
From Code to Concrete: Why the Smart Infrastructure Boom Needs Bobs to Become Tech Builders
Toll Revenues Surge to ₹491.9 Billion in Jan-Sept 2025, Driven by Higher Traffic and Revised User Fees: ICRA Analytics
IMW 2025: India positions itself as maritime bridge between Indo-Pacific and Global South, says Amit Shah
IMW 2025: Gadkari Calls for Private Innovation in Ship Financing, Launches Maritime Vision Report
IndiGo Reconnects with China, Crosses Long-Haul Milestone with Non-Stop London Service
India to Host Asia-Pacific Aircraft Accident Investigation Meet for the First Time
Nithia Capital Acquires Topworth Urja for ₹3 Billion, Expands Long Steel Portfolio
Delhi Airport Reopens Future-Ready Terminal 2 to Boost Passenger Flow and Airline Efficiency
ICRA Forecasts Steady Power Demand Growth in FY2026 Amid Monsoon Drag and Renewable Surge
IndiGo Retains Dominance in Indian Skies as Four New Airports Join Winter Schedule 2025
Railways Deploys 6,181 Special Trains for Post-Chhath Return; Bihar Stations Reinforced for Festive Rush
NTPC and EIL Partner to Develop Coal-to-SNG Facility for Grid Stability and Clean Energy Transition
NHAI to Display Toll Pass Details at Fee Plazas to Boost Transparency and Ease Travel
Home » Railways to mop up Rs 2,000 cr
Railways to mop up Rs 2,000 cr
Railways & Metro Rail
March 1, 2013March 1, 2013
Leave a Reply
You must be logged in to post a comment.