NCRTC Invites Bids for Commercial Spaces in Delhi-Meerut RRTS Project

The National Capital Region Transport Corporation (NCRTC), overseeing the Rs 30,000-crore Delhi-Meerut regional rapid transit system (RRTS) project, has initiated bids for leasing commercial spaces at three stations along the corridor. These efforts aim to transform the stations into vibrant retail hubs, enhancing non-fare revenue for the NCRTC.

Funded by the Asian Development Bank, New Development Bank, and Asian Infrastructure Investment Bank, the RRTS project is set to catalyze economic growth in Ghaziabad, Meerut, and neighboring areas like Modinagar and Muradanagar. Experts anticipate a revival in the real estate markets as the rapid rail network becomes operational.

Published on 20 May 2024

Your feedback How useful is this information?

NCRTC Invites Bids for Commercial Spaces in Delhi-Meerut RRTS Project

Related Articles

Allcargo Logistics Boosts FMCG Supply Chains with Tech-Driven Logistics Solutions

World Bank Approves $225 Million Loan for Rajasthan Highway Modernisation Project

GHV Infra Wins Rs 815 Cr EPC Road Project from APCO Infratech in Maharashtra

JCB India Opens New Caculo Earthmovers Facility in North Goa

Godhra–Vadodara Stretch of Delhi–Mumbai Expressway Opens for Trial, Travel Time to Drop to 12 Hours

RIICO to Invest Rs 1,200 Crore to Upgrade Infrastructure in 450 Industrial Areas in Rajasthan

Dubai Completes First Air Taxi Station Near Airport, Launch Planned This Year

Roof India 2026 to Spotlight Next-Gen Roofing, Sustainability and Steel-Led Construction in a Rapidly Expanding Infrastructure Market

Gurugram Circle Rates Jump Up to 75% in 2026, Signalling Shift Toward Market-Linked Pricing: Square Yards

GAIL Signs Pact with TUSCO for 600 MW Solar Project with BESS in Uttar Pradesh

Brigade Group Signs JDA for 8.63-Acre Land Parcel in East Bengaluru for Rs 7,200 Cr Township

Signature Global and Tonino Lamborghini Announce New Luxury Branded Residential Project in Gurugram

IndiaConstructionWeek