Road developers
There shall be relaxation in the rules for road developers as has been declared by the government. New norms can help road developers in selling completed projects or complete unfinished ones and in turn free them to invest in new projects which are unable to find takers in the recent years. As per the recent [...] Continue Reading »
Over recent years, National Highways Authority of India (NHAI) is not ready to accommodate an increase in project costs due to which road developers are in a fix. Since a number of projects have seen a 30 per cent rise in costs such as rise in bitumen, diesel and labour expenses, besides interest rates, developers [...] Continue Reading »
The developable land in the main cities of India has almost been used! There is a shortage of land therefore the ministry of surface transport has plans of transforming major highways into residential hubs. The Road Transport and Highways department has proposed development of integrated townships in the Delhi-Jaipur expressway. This plan has been initiated [...] Continue Reading »
