India to add 1 lakh km road network for national highway expansion

18 Oct 2021 CW Team

India has planned to add one lakh kilometres of road network as a part of its national highway expansion target in the country, taking the tally to around two lakh kilometre in the next four years.

PM Narendra Modi unveiled the mega plan during the inauguration of the PM Gati Shakti project.

The Gati Shakti project, with an estimated cost of Rs 100 lakh crore, aims to set up multi-nodal connectivity to various economic zones. A central portal has been planned and initiated for the infrastructure projects by around 16 ministries and departments.

The project also plans to strengthen NHs. The PM Gati Shakti project will add over 5,500 km of four and six-lane highways along the coastal regions.

Under the plan, the government aims to link capital cities in the seven states of the North-East, along with four-lane NH or two alternate alignments of two-lane highways each.

NH construction continues at a rapid speed even during the Covid-19 pandemic. The Ministry of Road Transport and Highways (MoRTH) told the media that India had added 1,470 km of NHs between April-May. The National Highways Authority of India (NHAI) has added around 4,350 km of highway projects.

Earlier, NHAI completed a 25.54 km long single lane in just 18 hours. It has also laid the highest quantity of concrete on a four-lane highway in just one day.

Image Source

Also read: Gadkari inaugurates 206 km NH projects worth Rs 1,678 cr in Nashik

Real Estate

14 Oct 2025

GHMC Launches Drive To Boost Property Tax Revenue

The Greater Hyderabad Municipal Corporation (GHMC) has launched a special campaign to enhance property tax revenue from non-residential and commercial properties by reassessing their total built-up area. Any discrepancies identified during inspections will trigger immediate revision of both property tax and trade licence fees, officials said. The initial phase of the drive focuses on shopping malls across Hyderabad, with over 300 such establishments identified in the twin cities. After the mall inspections, GHMC will extend the verification process to other non-residential properties, includi..

Cholamandalam To Raise Rs 10 Billion Via NCD Issue

Cholamandalam Investment and Finance Company has invited bids to raise up to Rs 10 billion through secured non-convertible debentures (NCDs) maturing on 14 October 2030, offering a coupon rate of 7.58 per cent. The NCD issue, announced on Monday, comes at a time when corporate bond activity — which saw strong momentum in the first quarter of FY26 — has slowed during the second quarter owing to rising borrowing costs. However, market analysts anticipate a rebound in the coming months as easing bond yields could reignite investor appetite for corporate debt instruments. The company’s fu..

Maharashtra Approves Cluster Redevelopment For Mumbai Slums

The Maharashtra cabinet has approved a cluster redevelopment scheme for Mumbai’s slums, paving the way for large-scale urban renewal and improved living standards across the city’s informal settlements. The decision, taken on 7 October, seeks to convert slum clusters spread over more than 50 acres into integrated housing projects equipped with modern infrastructure and better amenities. To be implemented by the Slum Rehabilitation Authority (SRA), the initiative aims to accelerate redevelopment, attract private investment, and stimulate construction activity. According to a statement from..