Highways InvIT to be open on stock exchange

25 Aug 2022 CW Team

Nitin Gadkari, Union Minister of Road Transport and Highways, stated that the Centre will approach capital markets next month to seek retail participation in highway projects.

The minister stated that InvIT will be listed on the stock exchange, but with a caveat: it is an experimental method, which is why retail investment will be limited.

InvITs are products similar to mutual funds in that they pool money from investors and invest in assets that will deliver cash flows over time.

The central government has previously sought the Securities and Exchange Board of India (Sebi) to let individual investors to invest in the InvIT of the state-owned National Highways Authority of India (NHAI). This is the first time a minister has specified a timetable for the exercise.

Institutional investors, insurance firms, pension funds, and infrastructure investors participated in NHAI's first InvIT round.

Also read:
Telangana approves fund to upgrade city roads
NHAI develops 51-km Kamakhyanagar-Duburi stretch in Odisha

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

14 Jul 2026

Paradigm Realty secures Rs 1 billion for Chembur project

Paradigm Realty Group has secured Rs 1 billion in funding from Arnya RealEstates Fund for its flagship residential project, 71 Midtown, in Chembur, Mumbai.The institutional investment will be used to support the completion of Phases 1 and 2 of the development, with the financing aligned to the project's construction and delivery schedule.Spread across approximately 4.5 acres, the gated residential community comprises one- and two-bedroom apartments. Located near Sindhi Society in Chembur, the project offers connectivity to the Bandra Kurla Complex (BKC) and is expected to benefit from infrastr..

Real Estate

14 Jul 2026

PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including M..

Products

14 Jul 2026

Shalimar Paints launches premium Xtra Tough Hi-Sheen

Shalimar Paints has expanded its premium product portfolio with the launch of Xtra Tough Hi-Sheen, a new exterior emulsion developed to provide enhanced weather protection and a high-sheen finish for residential buildings.The company said the product is designed to address growing consumer demand for exterior coatings that combine aesthetics with long-term durability. Suitable for both new construction and renovation projects, the emulsion is formulated to withstand varied climatic conditions, including heat, rain, humidity and pollution.Xtra Tough Hi-Sheen features a dust-repellent coating in..