UP Metro plans to commercialise Lucknow LDA land

22 Dec 2022 CW Team

The Uttar Pradesh Metro Rail Corporation (UPMRC) will soon start developing the land given to it by the Local Development Authority in CG City, Lucknow. On the orders from the state government, the process of selection of consultant architect has begun for the development of assets on the 86.83 acres of land received from the LDA.

According to officials, the plan is to develop both residential and commercial properties in this patch of land. These properties will be developed so that maximum income is generated for UPMRC.

The CG City property is very important for Lucknow Metro’s commercial viability, so that they can keep passenger fares down. At present, the metro runs between 21 stations covering a distance of 22.8 km from the airport to Munshi Pulia in the capital. The fare has not been revised since the commencement of commercial runs. However, there is constant pressure to increase fares. Keeping this in view, UPMRC is trying to generate income from other sources.

Meanwhile, the selection process of development consultant for the land is expected to be completed next month. After this, the work of making project design and detailed project report (DPR) will start. Metro plans to start the construction work on land in 2024.

Real Estate

23 Oct 2025

What Does Home Insurance Really Cover?

Home insurance is one of the most important protections a homeowner can have. It offers financial cover for unexpected damages, losses, or liabilities related to your property. However, many homeowners are not fully aware of what is actually included in their home insurance policy.This guide breaks down what home insurance really covers, so you can be better prepared and make informed decisions.What is home insurance?Home insurance is a financial product that protects your house and belongings against damage, theft, or accidents. It generally includes coverage for the building itself, as ..

Hettich Strengthens Industry Ties at Madhya Pradesh Investment Meet

Hettich India, a global leader in furniture fittings, reinforced its commitment to Madhya Pradesh’s industrial growth as a Guest of Honour at an Interactive Session on Investment Opportunities in Power, Renewable Energy Equipment, and White Goods Manufacturing, hosted by the Government of Madhya Pradesh in partnership with the Confederation of Indian Industry (CII) at Hotel Trident, Nariman Point, Mumbai.The session, chaired by Dr Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh, brought together leading domestic and international investors, industry representatives, and business lead..

Raimondi Names New Saudi Branch Head

Raimondi Middle East has announced the appointment of Ahmad Shakkour as Branch Manager for the Kingdom of Saudi Arabia, reinforcing the company’s commitment to expanding its presence in one of its key regional markets.With Saudi Arabia driving a wave of large-scale infrastructure and urban development projects, Raimondi aims to strengthen its on-ground operations and customer engagement. The company currently has over 100 cranes deployed across the country and continues to expand its technical and service teams to support growing demand.“Saudi Arabia represents a cornerstone of our regiona..