NHAI to Monetise 550 km Highways via InvIT This Year

10 Jul 2025 CW Team

The National Highways Authority of India (NHAI) has shortlisted nine highway stretches totalling over 550 km across Maharashtra, Odisha, Andhra Pradesh and West Bengal for monetisation via the Infrastructure Investment Trust (InvIT) route in the current financial year, according to a Financial Express report.

These stretches will be monetised through the National Highways Infrastructure Trust (NHIT), marking the fifth round of InvIT transactions since the mechanism was launched in 2021–22.

While previous years have seen a single InvIT issuance annually, officials suggest that two rounds could take place in 2024–25. The government’s Asset Monetisation Strategy supports conducting multiple InvIT rounds per year.

Union Minister for Road Transport and Highways Nitin Gadkari had earlier stated that InvIT would increasingly replace the Toll Operate Transfer (ToT) model. The NHAI has yet to finalise concessionaires for two ToT highway bundles bid out in the previous fiscal, while bids remain open for two more bundles under this model.

This year’s InvIT round is expected to be smaller in scale compared to FY24, when NHIT acquired 821 km of highways from NHAI with an upfront payment of Rs 177.38 billion. The upcoming round is estimated to raise around Rs 125 billion.

Since its inception, the NHAI has monetised 2,345 km of national highways through InvITs, raising Rs 436.38 billion.

A public InvIT option is also under discussion, which would allow retail investors to invest via equity units.

Should the ToT model be fully phased out, InvITs would become the primary vehicle to meet the government's monetisation goals under the second National Monetisation Pipeline. The plan aims to mobilise Rs 10 trillion over five years from 2025, with the highways sector expected to contribute Rs 3.5 trillion, requiring annual monetisation of over Rs 500 billion.

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 ..

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..

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..