Road Ministry to Release 700 Hectares of Surplus Land

24 Jun 2024 CW Team

The Ministry of Road Transport and Highways (MoRTH) has announced plans to release 700 hectares of surplus land acquired for various highway projects. This initiative aims to optimise land usage, generate revenue, and support broader developmental goals.

The surplus land, initially acquired for expanding and constructing national highways, has been identified as no longer required for these projects. The Road Ministry is now focusing on repurposing this land to enhance its utility and contribute to economic development. The freed-up land will be offered for various purposes, including commercial, industrial, and residential development, in line with the government's vision of promoting sustainable growth and infrastructure development.

The process involves a thorough review and inventory of all land holdings associated with highway projects across the country. The identified surplus land will be systematically released in phases, ensuring transparency and maximising public benefit. The ministry has emphasised that this initiative will not only unlock the value of underutilised assets but also support the government's ambitious infrastructure development agenda.

Revenue generated from the sale or lease of this land will be reinvested into ongoing and future highway projects, ensuring a continuous improvement in the country?s road infrastructure. This strategic move is expected to bolster the economy by attracting investments, creating job opportunities, and supporting urbanisation.

The Road Ministry?s plan to release surplus land highlights its commitment to efficient resource management and proactive steps towards achieving national development goals. By unlocking the potential of unused land, the ministry aims to contribute significantly to India's growth and infrastructure landscape.

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..