Rail Land Development Authority (RLDA) has invited bids for leasing out 60,407 sqm of land parcel at Old Station Railway Colony in Dhanbad, an official release said on Saturday. The reserve price of the land is Rs 44 crore. The total land area is 81,788 sqm, of which 60,407 sqm will be leased out for residential development for 99 years. The balance area of 21,381 sqm will be utilised for redevelopment of existing railway quarters, the release said.
