489 Road Projects Delayed Due to Land and Clearance Issues: Nitin Gadkari

31 Jul 2025 CW Team

A total of 489 road infrastructure projects, initially scheduled for completion by March 2025, are facing delays due to issues related to land acquisition, forest and wildlife clearances, and railway approvals, Union Minister for Road Transport and Highways Nitin Gadkari informed the Rajya Sabha on July 30, 2025.

In a written reply, Gadkari said that the central government is actively coordinating with state governments and relevant authorities to resolve the pending matters and accelerate project execution.

He added that cost overruns have occurred in several projects due to factors such as increased compensation for land and structures, price escalation, GST impact, and design changes required to meet Railway standards for Road Over Bridges (ROBs) and Road Under Bridges (RUBs).

“In cases of prolonged delays where further progress under the existing contract is not feasible, the contracts are terminated or foreclosed and subsequently re-awarded, with or without modifications to the project scope,” Gadkari stated.

In response to a separate query, he clarified that national highways are constructed in compliance with Indian Road Congress (IRC) specifications. The maximum design speed is 120 km/h for expressways and 100 km/h for national highways, depending on the terrain.

News source: The Hindu

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..