Oberoi Realty and Shree Naman Developers have qualified as eligible bidders for an 11.21-acre railway land parcel in Mumbai's Bandra East, with a reserve price of Rs 5,365 crore. The Railway Land Development Authority (RLDA) is leasing the land for 99 years under a revenue-share model. This is the third prime Mumbai land parcel monetised by RLDA recently, with other bids for plots in Parel and Mahalaxmi also noted.