India, Sept. 11 -- The Indian Railways, through its land development arm, the Rail Land Development Authority (RLDA), is planning to raise at least Rs.8,000 crore by leasing out key land parcels in Mumbai's real estate market.

The RLDA aims to lease approximately 25 acres of land spread across four prime locations in the financial capital.

Here is a look at four land parcels that RLDA plans to lease for the long term.

The RLDA plot in Mumbai's Bandra West, spread across five acres, currently houses railway staff quarters dating back to 1955.

According to a report published in the Hindustan Times, the authority plans to rehabilitate the existing staff into a 25-storey high-rise and monetise the remaining portion of the land for commerc...