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Home > Forum > Delhi > Real estate News > Highway projects of Rs1 lakh Cr will start soon

Highway projects of Rs1 lakh Cr will start soon

Q: Hi what is this new highway project that will start soon?? From where to where will this connect?

highway department
real estate news
infra development plans
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Replies (5)
1
Then what is the structure of payback for the builders?? and how about the bidding system??
Giri


I have no proper Idea about the whole fact although I read in a news paper that the premium which is offered by companies during the bidding stage, is based on projected returns from tolls.
Jewel,  Noida
23rd December 2013


2
But how about the National Highway Authority ? Are they not taking care of the highway projects??
Bobby


Bobby actually their projects have been facing delays on account of high premium and also the payment made by developers to the National Highways Authority of India under the BOT mode. hence this time different big players will come in place.
Daniel,  Noida
23rd December 2013


3
Haha , Guys I have also heard that the government had approved a proposal in October for the postponement of premium payments by highway developers and has referred the matter to the Rangarajan panel. So now we need to wait and check how much will it happen!
Chandra


So what have the Government decided about the builders?? Like which are the builders nominated for the project's construction.
Sekhar,  Noida
23rd December 2013


hmmmm, companies may be GMR, GVK and Ashoka Buildcon will play the big game. Although nothing yet has been decided!
Amitabh,  Noida
23rd December 2013


4
Hmmm see as per the news and my knowledge this highway projects worth over Rs 1 lakh crore would be on stream next month onwards. The report of C Rangarajan Committee on premium rescheduling is likely to be accepted by month-end. So once the money is been approved by the government the project will start.
Saras


5
This is an old project which was stuck due to the financial crunch and now Government wants to regain the construction rom next month as a concrete decision on the rescheduling of premium paid by developers is expected by the end of this month.
Hritwik


So what is the budget they are looking at ?? and how much will government pay for this ??
Sangam,  Noida
23rd December 2013


6

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