UPSRTC to Construct 12 Bus Terminal-Cum-Commercial Complexes

14 Jun 2024 CW Team

UPSRTC, Uttar Pradesh State Road Transport Corporation, is set to enhance its infrastructure in Lucknow by constructing 12 bus terminal-cum-commercial complexes. This initiative aims to improve transportation facilities and create new commercial avenues in the city. The project reflects UPSRTC's commitment to modernizing its services and contributing to Lucknow's development as a major urban center.

The complexes will feature modern amenities such as passenger waiting areas, ticket counters, food courts, retail outlets, and parking facilities. These facilities are designed to enhance the travel experience for commuters and provide a range of services for travelers and visitors.

The development of these complexes is expected to boost economic activities in Lucknow, creating opportunities for businesses and generating employment. It also aligns with the city's growth plans, aiming to enhance infrastructure and support the increasing demand for efficient transportation services.

The project underscores UPSRTC's focus on innovation and customer satisfaction, aiming to provide integrated solutions that cater to the diverse needs of commuters and passengers. By integrating transportation hubs with commercial spaces, UPSRTC aims to create vibrant and convenient spaces that add value to the city's urban landscape.

The construction of these complexes is part of UPSRTC's broader strategy to modernize its infrastructure across Uttar Pradesh, enhancing connectivity and accessibility for residents and visitors alike. It reflects the organization's proactive approach to meeting the evolving demands of a growing urban population and contributing to the overall development of the state.

Real Estate

05 Jun 2026

Technogym unveils Sand Stone collection for premium wellness spaces

"Technogym has unveiled its Sand Stone collection, a nature-inspired design line that merges performance, sustainability, and premium aesthetics for exclusive wellness spaces. Drawing on the warmth and authenticity of Mediterranean sandstone, the collection features neutral tones and finishes that integrate seamlessly with wood, stone, and other high-quality materials.Key elements include Speckled Stone casings containing 2–3% natural mica and 30% recycled materials, Warm Titanium frames and inlays conveying both luxury and technology, Clay tactile surfaces in vegan leather for comfortable i..

Kotak Alts Closes $1 Billion Real Estate Fund

Kotak Alternate Asset Managers (Kotak Alts) has achieved the final close of its 14th Real Estate Fund at approximately $1 billion, supported by commitments from a subsidiary of the Abu Dhabi Investment Authority (ADIA) and South Korea's National Pension Service (NPS Korea).ADIA anchored the fund with a commitment exceeding $675 million, marking its sixth consecutive investment in Kotak Alts' real estate platform. The relationship between the two organisations spans more than a decade and multiple fund vintages.NPS Korea's participation represents its first investment in Indian alternative asse..

Capacit'e Bags Rs 5.89 Billion Raymond Realty Contract

Capacit'e Infraprojects has received a Letter of Intent (LoI) from Ten X Realty East, a subsidiary of Raymond Realty, for civil core and shell works at The Address by GS residential project in Wadala, Mumbai.The contract, valued at approximately Rs 5.89 billion excluding GST, covers construction works at the project site located in the Salt Pan Division, Shastri Nagar, Wadala, Sion (East).The award adds to the ongoing relationship between the two companies and further strengthens Capacit'e's presence in the residential construction segment.Commenting on the development, Rahul Katyal, Managing ..