NHAI Sets Up RIIMPL to Lead Public InvIT for Highway Monetisation

24 Nov 2025 CW Team

RIIMPL has been structured as a collaborative venture, with equity participation from leading banks and financial institutions such as State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank. The platform is designed to unlock the monetisation value of completed national highway assets while offering a long-term, high-quality investment avenue for retail and domestic investors. NHAI Member (Finance) NRVVMK Rajendra Kumar has been appointed Managing Director and CEO (Additional Charge) of the company.

Highlighting NHAI’s track record, the Chairman noted that the authority has monetised assets worth Rs 489.95 billion through the Toll-Operate-Transfer model and raised around Rs 436.38 billion across four rounds of Private InvITs, drawing strong participation from domestic and global investors. He added that approximately 1,500 km of completed and operational highways will be introduced into the Public InvIT over the next three to five years, opening up new investment opportunities for the public.

RIIMPL aims to establish strong governance systems aligned with SEBI’s InvIT regulations, ensuring transparency, investor protection, and high-quality reporting and compliance. The first issuance of units for retail and public investors is expected in February 2026.

"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."

The National Highways Authority of India is advancing its Public InvIT initiative with the establishment of Raajmarg Infra Investment Trust (RIIT), aimed at boosting road asset monetisation and widening investment access in the national highway sector. As part of this plan, NHAI has incorporated Raajmarg Infra Investment Managers Private Limited (RIIMPL) as the Investment Manager for the proposed InvIT. The new entity was formally launched in Mumbai by NHAI Chairman Santosh Kumar Yadav, in the presence of senior officials and institutional representatives.RIIMPL has been structured as a collaborative venture, with equity participation from leading banks and financial institutions such as State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank. The platform is designed to unlock the monetisation value of completed national highway assets while offering a long-term, high-quality investment avenue for retail and domestic investors. NHAI Member (Finance) NRVVMK Rajendra Kumar has been appointed Managing Director and CEO (Additional Charge) of the company.Highlighting NHAI’s track record, the Chairman noted that the authority has monetised assets worth Rs 489.95 billion through the Toll-Operate-Transfer model and raised around Rs 436.38 billion across four rounds of Private InvITs, drawing strong participation from domestic and global investors. He added that approximately 1,500 km of completed and operational highways will be introduced into the Public InvIT over the next three to five years, opening up new investment opportunities for the public.RIIMPL aims to establish strong governance systems aligned with SEBI’s InvIT regulations, ensuring transparency, investor protection, and high-quality reporting and compliance. The first issuance of units for retail and public investors is expected in February 2026.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..