Rlys to redevelop Egmore Colony, to invite bids soon

The Railway Colony on Poonamallee High Road in Egmore is set for re-development, with the railways getting ready to call for bids for the prime property. A statutory authority under the railways has kickstarted the process to lease other large tracts of prime real estate in a bid to monetise assets.

Rlys to redevelop Egmore Colony, to invite bids soon
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The Railway Colony on Poonamallee High Road in Egmore is set for re-development, with the railways getting ready to call for bids for the prime property. A statutory authority under the railways has kickstarted the process to lease other large tracts of prime real estate in a bid to monetise assets.