NOIDA, Jan. 31 -- The Noida authority has decided to explore options to monetise vacant and unused infrastructure projects, officials said on Friday.

These unused projects include Rs.243 crore multilevel parking in Sector 18 and a Rs.158 crore bus terminal in Sector 82.

"These projects are lying unused owing to various reasons, including technical defects. Therefore, we have decided to explore options to generate revenue from such infra that was built after spending a lot of money," said Lokesh M, chief executive officer, Noida authority.

Official said at the Sector 82 bus terminal, its ground floor will continue to serve as a bus depot, while upper floors will be leased out to a hospital or corporate office. Some hospitals have expres...