Land acquisition cost in Maharashtra high: Nitin Gadkari
ROADS & HIGHWAYS

Land acquisition cost in Maharashtra high: Nitin Gadkari

Minister for Road Transport and Highways Nitin Gadkari told the media the land acquisition cost is high in Maharashtra and had directed the state government to lower the rates.

On Saturday, speaking at a function in Ahmednagar, Gadkari said that the secretary of his department had even circulated an order that they would not undertake any new road project in Maharashtra unless the state government reduces the land purchase cost. He said that the land procurement costs Rs 18 crore per acre in Maharashtra.

Gadkari said that reducing the land acquisition cost did not imply that the farmers would suffer a financial loss. He will guarantee that they (farmers) get a more attractive rate and are not at loss for parting with their land. But the road ministry is not in a position to acquire land at a high cost as apart from constructing roads, other infrastructures like roadside amenities, bus stands, etc have to be installed by them.

The Ministry of Road Transport and Highways (MoRTH) will be executing the Surat-Chennai greenfield expressway project worth Rs 50,000 crore, which will pass via Ahmednagar, Nashik, and Solapur. This project will be connected up to Hyderabad and Kochi. Once this project is complete, it would relieve the traffic from North India in districts such as Kolhapur. It includes 180 km in Ahmednagar district, and the ministry will spend Rs 8,000 crore in this district.

Image Source


Also read: 76 national highway projects of about Rs 62k cr face inordinate delays

Minister for Road Transport and Highways Nitin Gadkari told the media the land acquisition cost is high in Maharashtra and had directed the state government to lower the rates. On Saturday, speaking at a function in Ahmednagar, Gadkari said that the secretary of his department had even circulated an order that they would not undertake any new road project in Maharashtra unless the state government reduces the land purchase cost. He said that the land procurement costs Rs 18 crore per acre in Maharashtra. Gadkari said that reducing the land acquisition cost did not imply that the farmers would suffer a financial loss. He will guarantee that they (farmers) get a more attractive rate and are not at loss for parting with their land. But the road ministry is not in a position to acquire land at a high cost as apart from constructing roads, other infrastructures like roadside amenities, bus stands, etc have to be installed by them. The Ministry of Road Transport and Highways (MoRTH) will be executing the Surat-Chennai greenfield expressway project worth Rs 50,000 crore, which will pass via Ahmednagar, Nashik, and Solapur. This project will be connected up to Hyderabad and Kochi. Once this project is complete, it would relieve the traffic from North India in districts such as Kolhapur. It includes 180 km in Ahmednagar district, and the ministry will spend Rs 8,000 crore in this district. Image SourceAlso read: 76 national highway projects of about Rs 62k cr face inordinate delays

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->