Infrastructure firms deleverage balance sheets through sale of road assets

16 Sep 2019 CW Team

There is, reportedly, a recent trend following infrastructure construction firms as most of them are taking steps to monetise their road assets.

The move highlights two primary facts, first, the ability of firms to deleverage and gain value arising from the sale and second, the investors’ interest towards the road assets.

As reported, Singapore’s Cube Highways and Infrastructure took control of five hybrid annuity model (HAM) road projects that are under-construction through an agreement signed with Dilip Buildcon, which detailed the sale of 100 per cent stake in the projects. Additionally, in a separate agreement the construction company also recently sold its road projects to Mumbai based Shrem Group. KNR Constructions too, entered into a share purchase agreement with Cube Highways for three of its road assets.

In terms of financial stress faced by these infrastructure companies, the step is seen as a means of significantly reducing the same. The sale of stakes releases all funds locked into the project and allows for it to be incorporated into future bids or as growth capital. Asset monetisation is, therefore, a comparatively reliable means towards achieving stable growth.

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..

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..

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..