Lucknow Approves Rs two Billion for Urban Development
Real Estate

Lucknow Approves Rs two Billion for Urban Development

The Lucknow Infrastructure Fund Committee has approved an allocation of Rs two billion to enhance the city’s urban development and environmental conservation efforts. The funding aims to accelerate ongoing projects blending infrastructure improvement with ecological and cultural upliftment.

Central to this initiative is the Green Corridor from Basant Kunj to Pipraghat, receiving Rs 900 million. Key projects include Rs 500 million for an embankment from Pipraghat to Shaheed Path to boost flood resilience and connectivity, Rs 150 million for a second embankment towards Ekana Stadium, and Rs 100 million for a road overbridge at the Pipraghat railway crossing.

Ancillary works such as underground power cabling, signage, utility shifting, and rotary development will receive Rs 150 million. Shaheed Path’s beautification has been allocated over Rs 100 million for horticulture and irrigation enhancements. Restoration of Motijheel, Jamuna, and Eldeco lakes is backed by Rs 80 million, supporting biodiversity and groundwater recharge.

Additional investments include Rs 30 million for a tropical park on the Gomti riverfront and plans for an entertainment park under a public-private partnership. Urban mobility projects feature a new foot overbridge near Lulu Mall to improve pedestrian safety.

Cultural upgrades worth Rs 100 million will fund a musical fountain, façade improvements, and museum electrification. Public health and accessibility enhancements include open gyms in 50 parks, street lighting, and sculptures at key junctions. Restoration of the Rifa-e-Aam Club and museum conversion at Amiruddaula Library have also been prioritised.

This Rs two billion package reflects Lucknow’s commitment to sustainable growth, blending modern infrastructure with ecological stewardship and cultural preservation.

Source:UrbanPost

The Lucknow Infrastructure Fund Committee has approved an allocation of Rs two billion to enhance the city’s urban development and environmental conservation efforts. The funding aims to accelerate ongoing projects blending infrastructure improvement with ecological and cultural upliftment.Central to this initiative is the Green Corridor from Basant Kunj to Pipraghat, receiving Rs 900 million. Key projects include Rs 500 million for an embankment from Pipraghat to Shaheed Path to boost flood resilience and connectivity, Rs 150 million for a second embankment towards Ekana Stadium, and Rs 100 million for a road overbridge at the Pipraghat railway crossing.Ancillary works such as underground power cabling, signage, utility shifting, and rotary development will receive Rs 150 million. Shaheed Path’s beautification has been allocated over Rs 100 million for horticulture and irrigation enhancements. Restoration of Motijheel, Jamuna, and Eldeco lakes is backed by Rs 80 million, supporting biodiversity and groundwater recharge.Additional investments include Rs 30 million for a tropical park on the Gomti riverfront and plans for an entertainment park under a public-private partnership. Urban mobility projects feature a new foot overbridge near Lulu Mall to improve pedestrian safety.Cultural upgrades worth Rs 100 million will fund a musical fountain, façade improvements, and museum electrification. Public health and accessibility enhancements include open gyms in 50 parks, street lighting, and sculptures at key junctions. Restoration of the Rifa-e-Aam Club and museum conversion at Amiruddaula Library have also been prioritised.This Rs two billion package reflects Lucknow’s commitment to sustainable growth, blending modern infrastructure with ecological stewardship and cultural preservation.Source:UrbanPost

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement