NCRTC to Develop Parking and Commercial Hubs at Delhi-Meerut RRTS

16 Dec 2024 CW Team

The National Capital Region Transport Corporation (NCRTC) has invited expressions of interest (EOI) for the development of integrated parking and commercial spaces at stations along the Delhi-Ghaziabad-Meerut Rapid Rail Transit System (RRTS) corridor. This initiative aims to transform parking areas into multifunctional hubs that combine convenience with modern amenities, offering diverse commercial facilities for passengers. The project envisions vibrant spaces that integrate parking with outlets, food courts, offices, service apartments, and leisure facilities. These developments will not only serve the immediate needs of commuters but also provide spaces for work, recreation, and short-term stays. By creating these integrated hubs, RRTS stations will evolve into centres for both transportation and business, enhancing the commuter experience. The NCRTC has identified six strategically located stations for the project: Rajnagar, Guldhar, Duhai, Murad Nagar, Modi Nagar South, Modi Nagar North, and Meerut South. Developers are invited to submit proposals for these locations by December 27, 2024. Detailed application guidelines are available on the official NCRTC website. This initiative is part of NCRTC’s efforts to optimise station spaces and improve infrastructure along the 82-km RRTS corridor, which connects Sarai Kale Khan in Delhi to Modipuram in Meerut. The Namo Bharat train service currently operates over a 42-km stretch between Sahibabad and Meerut South, with trials underway at Anand Vihar and New Ashok Nagar stations in Delhi. By merging mobility with commercial development, NCRTC aims to create self-sustaining, passenger-focused hubs, enhancing the utility of RRTS stations and fostering new business opportunities.

(thepatriot)

Infrastructure Urban

06 Apr 2026

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..

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..

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..