Omaxe’s Arm To Invest Rs 2,700cr In UP

New Delhi: Real estate firm Omaxe Ltd’s subsidiary will invest Rs2,700 crore to upgrade six bus terminals in Uttar Pradesh. In a regulatory filing on Friday, Omaxe said that Uttar Pradesh State Road Transport Corporation (UPSRTC) has awarded it a contract to modernise six key bus terminals in the State – Ghaziabad, Lucknow (Gomti Nagar), Prayagraj, Kaushambi, Ayodhya and Lucknow (Amausi) under public-private partnership (PPP) model.