FM Boosts NHAI Allocation Marginally

02 Feb 2024 CW Team

In a move to bolster infrastructure growth, the Finance Minister has marginally increased the allocation to the National Highways Authority of India (NHAI) for the fiscal year 2025. The allocated budget now stands at ?1.68 billion, reflecting the government's commitment to enhancing the nation's road and highway network.

This funding injection comes at a crucial time when the demand for robust infrastructure is on the rise. The NHAI plays a pivotal role in the development and maintenance of the country's highways, ensuring connectivity and accessibility. The incremental budget aims to address critical infrastructure gaps and support ongoing and upcoming projects.

Key areas of focus for this increased allocation include the expansion of existing highways, the development of new expressways, and the integration of advanced technologies to improve overall road safety. This strategic move aligns with the government's broader vision of fostering economic growth through enhanced connectivity and efficient transportation networks.

Stakeholders in the infrastructure sector welcome this development, anticipating a positive impact on job creation and economic productivity. As the nation strives for modernization, this financial boost to NHAI reflects a commitment to building a robust foundation for sustained progress.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..