RLDA floats tenders for leasing land for housing development at Jhusi

06 Jan 2022 CW Team

The Rail Land Development Authority (RLDA) has floated tenders for leasing a vacant plot of land of 70,606 sq m for residential growth at Jhusi (Prayagraj), under the Varanasi Division of North Eastern Railway (NER) in Uttar Pradesh.

The reserve cost for the land is set at Rs 79.40 crore for a lease period of 99 years. This planned site for residential expansion is rectangular in shape and is well linked to an extensive network of rail, road, and air. It is approximately 25 km away from the Prayagraj airport, while the Jhusi railway station is located just in front of the planned site.

Ved Parkash Dudeja, Vice Chairman of the RLDA, told the media that Jhusi is a site of historical significance, having Neolithic origins. This town is situated across the Ganges River and is well-linked with Prayagraj through the Shastri Bridge. As commerce has been increasing, the infrastructure is additionally improving day after day.

Presently, Jhusi primarily includes plots, independent homes and residential flats. It is an outstanding and most conducive place to an aggressive real estate bustle. The access to this site is highly suitable, with the current front road being 12 m wide, which is planned to be widened up to 24 m. This plot of land is surrounded by well-known landmarks like the Jhusi railway station in the south, Nishtha hospital in the east, Civil Line bus depot in the west, and low-rise residential buildings towards the north. The Floor Space Index (FSI) being proposed is 1.50 for the total plot size.

Image Source

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..