Lucknow Development Body Nets Rs 6.75 Bn from Commercial Plot Sales

01 Feb 2024 CW Team

The Lucknow Development Authority has successfully generated revenue exceeding Rs 6.75 billion through the sale of commercial plots. This strategic move aligns with the city's development plans and showcases the demand for commercial spaces in Lucknow's real estate market.

The sale of these commercial plots is indicative of the growing interest and investment in Lucknow's commercial real estate sector. It not only contributes significantly to the city's economic landscape but also underscores the confidence of investors and businesses in the region's growth prospects.

Lucknow, as a key urban centre, continues to witness increased commercial activity, making it an attractive destination for real estate investments. The Lucknow Development Authority's successful sale of commercial plots reflects the positive trajectory of the city's real estate market and the effective implementation of development initiatives.

The revenue generated from the commercial plot sales is expected to be instrumental in funding further infrastructure and development projects in Lucknow. The strategic utilization of commercial spaces aligns with the city's vision for comprehensive urban development, creating a win-win situation for both the local government and the real estate stakeholders involved in these transactions.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..