Latest news with #RailLandDevelopmentAuthority
Hindustan Times
4 days ago
- Business
- Hindustan Times
Land exemption given for tree felling for railway station work
Lieutenant Governor VK Saxena has granted a special exemption under the Delhi Preservation of Trees Act (DPTA), 1994, to facilitate redevelopment of the New Delhi Railway Station. The move allows the Rail Land Development Authority (RLDA) to seek formal permission to fell or transplant 887 trees spread across a 115.88-hectare site. The exemption, issued via a gazette notification on June 5 but made public Tuesday, invokes Section 29 of the DPTA to bypass the area restriction in 'public interest.' '… in public interest, (the LG) exempts an area of 115.88 hectare… from the limitation of maximum one hectare area under sub-section (3) of Section 9 of the said Act for re-development of New Delhi Railway Station, Delhi under Delhi Preservation of Trees Act (DPTA), 1994,' the notification read. This provision has now been invoked thrice in recent weeks — previously for the Common Central Secretariat buildings and a flyover in northeast Delhi. To be sure, while the exemption clears a key procedural hurdle, it does not constitute approval for cutting or transplanting any trees. It merely enables the designated Tree Officer to examine the RLDA's application, which had previously been ineligible for consideration because of the site's size. 'This notification... shall not be considered as permission for transplantation/felling of trees,' the Act states. For the next step, the Tree Officer, in this case the deputy conservator of forest (central division), will independently scrutinise the application. This will involve due diligence under the DPTA, the Delhi Preservation of Trees Rules, 1996, and compliance with any court directions. The Tree Officer must apply due diligence and aim to minimise the number of trees affected by the project. Redevelopment of the New Delhi Railway Station has been in the pipeline since 2021. Initially pegged at ₹15,000 crore, the project has since been scaled down to ₹2,469 crore to enhance feasibility. Plans include construction of two linear station buildings on the Paharganj and Ajmeri Gate sides, an air-concourse, waiting areas, lifts, escalators, retail and office spaces. The station will function as an integrated Multi Modal Transit Hub. Connectivity is a key component: a network of elevated and at-grade roads is proposed to ease congestion. While the original plan had seven flyovers, revisions are underway, though a web of elevated roads will still link the site with other parts of the city, said an RLDA official. The June 5 exemption is part of a series of recent moves by the LG to fast-track large infrastructure projects that fall afoul of the DPTA's area limit. On June 6, Saxena issued a similar exemption for a 5.037-hectare site at the Common Central Secretariat project, involving 476 trees. A day earlier, he cleared a 2.16-hectare stretch for a flyover at the Nand Nagri–Gagan Cinema junction, where 27 trees are affected. A retired Indian Forest Service officer familiar with such cases said the exemption is a procedural mechanism, often used to allow legal processing of large-scale development applications. 'Without the exemption, the Tree Officer would not be able to even consider such cases. It doesn't mean permission is granted, just that the file can now be taken up,' the official said, adding that such provisions have been used in past projects as well.
Time of India
05-05-2025
- Business
- Time of India
Bagmane Group buys railway land for Rs 1,530 crore in Dwarka, Delhi
Bengaluru-based real estate developer Bagmane Group has acquired a 124,000-square metre railway land parcel at Sector 21, Dwarka , in Delhi for '1,530 crore, two people aware of the development said. The Rail Land Development Authority (RLDA) had accepted Bagmane's bid to lease the land in 2023, but the deal was delayed due to the need to relocate trees from the site. The company has now identified a land parcel in Delhi for the relocation, the sources said. The acquired land can be used for both residential (55%) and commercial (45%). A new railway passenger terminal coming up adjacent to the site is expected to generate significant footfall in the area. The Delhi-NCR market has traditionally been driven by sustained investor interest across both traditional and emerging real estate segments. Amid all-time high residential demand, several large and listed developers and other entities continued to snap up land. Other than residential, commercial, retail, industrial and logistics and warehousing are also driving prime land deals in key locations across India. Anshuman Magazine, chairman and CEO, India, Southeast Asia, Middle East, and Africa at real estate services firm CBRE, said the deal underscored deepening investor confidence in the sector. "We anticipate this momentum to strengthen through 2025, reinforcing India's position as one of the most resilient and opportunistic realty markets globally," he said. Bagmane Group, a leading developer of commercial real estate with strong focus on technology parks and built-to-suit campuses, currently manages over 18 million sq ft of operational assets, with an additional 10-15 million square feet in various stages of planning and development. With a growing presence in key cities including Bengaluru, Chennai, and Delhi-NCR, Bagmane is steadily building a diversified portfolio to position itself for a potential Real Estate Investment Trust (REIT) listing. In March, Bagmane acquired Cognizant Technology Solutions ' former India headquarters in Chennai for about '612 crore.
Time of India
04-05-2025
- Business
- Time of India
Bagmane buys railway land in Delhi for Rs 1,530 crore
Bengaluru-based real estate developer Bagmane Group has acquired a 124,000-square metre railway land parcel at Sector 21, Dwarka, in Delhi for '1,530 crore, two people aware of the development said. #Pahalgam Terrorist Attack India much better equipped to target cross-border terror since Balakot India conducts maiden flight-trials of stratospheric airship platform Pakistan shuts ports for Indian ships after New Delhi bans imports from Islamabad The Rail Land Development Authority (RLDA) had accepted Bagmane's bid to lease the land in 2023, but the deal was delayed due to the need to relocate trees from the site. The company has now identified a land parcel in Delhi for the relocation, the sources said. The acquired land can be used for both residential (55%) and commercial (45%). A new railway passenger terminal coming up adjacent to the site is expected to generate significant footfall in the area. The Delhi-NCR market has traditionally been driven by sustained investor interest across both traditional and emerging real estate segments. Amid all-time high residential demand, several large and listed developers and other entities continued to snap up land. Other than residential, commercial, retail, industrial and logistics and warehousing are also driving prime land deals in key locations across India. Anshuman Magazine, chairman and CEO, India, Southeast Asia, Middle East, and Africa at real estate services firm CBRE, said the deal underscored deepening investor confidence in the sector. "We anticipate this momentum to strengthen through 2025, reinforcing India's position as one of the most resilient and opportunistic realty markets globally," he said. Bagmane Group, a leading developer of commercial real estate with strong focus on technology parks and built-to-suit campuses, currently manages over 18 million sq ft of operational assets, with an additional 10-15 million square feet in various stages of planning and development. With a growing presence in key cities including Bengaluru, Chennai, and Delhi-NCR, Bagmane is steadily building a diversified portfolio to position itself for a potential Real Estate Investment Trust (REIT) listing. In March, Bagmane acquired Cognizant Technology Solutions ' former India headquarters in Chennai for about '612 crore.
Time of India
03-05-2025
- Time of India
Northern Railway GM inspects Kalka railway station, reviews passenger facilities
1 2 3 Chandigarh: Ashok Kumar Verma, general manager of Northern Railway, conducted a detailed inspection of Kalka Railway Station on Saturday as part of a two-day review under the Ambala division. The inspection aimed to evaluate passenger amenities, security measures, and ongoing construction work under the Amrit Station Scheme. The GM also visited the Kalka Narrow Gauge Workshop and assessed various passenger-centric services including drinking water availability, catering stalls, restrooms, toilets, cleanliness, security, and the overall condition of the parking area. With the summer travel rush approaching, he emphasised the need for enhanced preparedness and comfort for passengers. During his visit, Verma inspected the newly introduced Vistadome coaches operating on the Kalka-Shimla heritage route. He recommended resuming operations of the iconic Rail Motor Car from 8 am to 12 noon and proposed increasing train frequency in the Kalka-Shimla section to accommodate growing tourist and commuter traffic. Interacting with railway employees, Verma appreciated the progress made so far and urged them to maintain momentum to ensure timely completion of infrastructure upgrades at the station. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gyeongsangnam-do: AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Aroun... Blinkist: Andrew Ng's Reading List Undo Earlier, during a separate inspection through window trailing on train number 12925 — the Mumbai-Amritsar Paschim Express — Verma reviewed onboard passenger services, including catering, cleanliness, and security arrangements. At Chandigarh junction, which is being redeveloped into a world-class station, the GM held a review meeting with officials from the Rail Land Development Authority (RLDA). He directed them to ensure timely implementation of the master redevelopment plan, which is expected to be completed by Oct 2025. Divisional railway manager of Ambala Division Vinod Bhatia and other senior officers accompanied the GM during the inspections. The visit underlined Indian Railways' commitment to enhancing travel experience through improved infrastructure and upgraded passenger amenities.
