NHAI Unveils BOT Road Projects

19 Jun 2024 CW Team

The National Highways Authority of India (NHAI) plans to offer road projects worth Rs 44,000 crore under the Build-Operate-Transfer (BOT) model in FY25. This move, in line with the Public-Private Partnership (PPP) mode, marks a significant shift towards involving private players in infrastructure development. The BOT model, which had seen a decline in interest over the past few years, is poised to make a robust comeback with this initiative. The initiative aims to rejuvenate the BOT model by offering lucrative terms to private investors, thus enhancing the overall road infrastructure in the country. The Rs 44,000 crore investment is part of a broader strategy to expedite the completion of critical highway projects, ensuring better connectivity and boosting economic growth. The decision to reintroduce the BOT model is driven by the need to leverage private sector efficiency and investment capabilities, addressing the funding gaps in the public sector.

The projects will include the construction of new highways, expansion of existing roads, and implementation of advanced traffic management systems. NHAI's strategic plan for FY25 underscores its commitment to improving the country's road infrastructure through sustainable and innovative financing models. By fostering a conducive environment for private participation, the authority aims to achieve faster project completion, improved road safety, and enhanced user experience.

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..