GMDA Appoints DIMTS as Consultant for Sector 103 Bus Depot

29 Aug 2025 CW Team

The Gurugram Metropolitan Development Authority (GMDA) has appointed Delhi Integrated Multi-Modal Transit System (DIMTS) as the project management consultant for the proposed bus depot in Sector 103. The facility, spread across 7.18 acres of land acquired from the Municipal Corporation of Gurugram (MCG), will accommodate up to 150 buses.

According to GMDA, the depot will primarily serve the developing sectors along the Dwarka Expressway while enhancing connectivity with Old Gurugram and adjoining areas in Delhi.

“The development of the Sector 103 bus depot is part of GMDA’s continued efforts to provide sustainable and reliable public transport to the people. By expanding the bus network and upgrading infrastructure, we aim to reduce dependency on private vehicles and promote eco-friendly modes of travel across Gurugram,” said R D Singhal, Chief General Manager, Mobility Division, GMDA.

GMDA currently operates bus depots in Sectors 10 and 52 with a combined capacity of 200 buses, while construction of an e-bus depot in Sector 48 is underway. The city is also set to add 200 additional buses by the end of this year.

Passenger facilities are being expanded with 154 new bus queue shelters in New Gurugram—80 along the Southern to Northern Peripheral Road (sectors 68–95) and 74 along the Upper Dwarka Expressway (sectors 99–115).

The Sector 103 bus depot, located near the upcoming Sheetla Mata Medical College and Hospital, is expected to become a key hub addressing the growing mobility requirements of Gurugram’s rapidly developing corridor.

News source: Hindustan Times

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..