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Real Estate Forum on Gmr Infrastructure

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Q: GMR Infrastructure is looking to bring around the Ahmedabad-Uda­ipur-Kishangarh project pr­ovided the government re­schedules the premium pa­yment option that was quoted at Rs 636 crore annually.
Latest Answer: In January 2013, the company reportedly sent a notice for end of contract to NHAI refering failure to obtain environmental clearance from the authority and revised toll rate. The company now believes there is noticeable grip in the western and the northern region in terms of traffic revenue growth, led by a rising consumption pattern.
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