Telangana Caps Excess HAM Road Bids At Five Per Cent For Rs 130 bn

01 Jun 2026 CW Team

The Roads and Buildings Department is executing 441 road works under Phase One of the HAM programme at an estimated cost of about Rs 130.06 billion (bn), covering nearly 6,092 km across 34 packages that include major district roads, state highways and connectivity corridors. The Panchayat Raj Department is implementing more than 2,100 rural road projects covering around 7,450 km under separate packages. The broader expansion seeks to strengthen inter?district connectivity, reduce travel time and support industrial and logistics movement.

The revised tender norms follow instances of higher?than?estimated financial bids in recent months, with technical evaluations for several projects already completed while financial bids remain under review. Officials noted that excess bid percentages in the state were comparatively lower than in some other states executing HAM projects and emphasised the impact of higher construction input prices, including bitumen, diesel, GST?related expenses, transportation charges and long?term maintenance liabilities. Contractors were reported to be factoring inflation?linked operational costs when quoting.

Authorities expect the five per cent cap to help maintain financial discipline in upcoming contracts, prevent award delays caused by abnormal premiums and foster a more competitive tendering environment for future highway and road infrastructure projects. The HAM, which shares project costs and risks between government and private developers, has been widely adopted across several states to boost private participation while limiting funding pressure on contractors during execution.

The Telangana government has revised tender conditions for large road infrastructure projects implemented under the Hybrid Annuity Model (HAM), capping excess bids at five per cent above estimated contract values. The cap applies to HAM road projects worth around Rs 130 billion (bn) and is intended to improve cost control, transparency and faster execution. Officials framed the move as a measure to curb inflated quotations while preserving contractor interest amid rising input costs. The Roads and Buildings Department is executing 441 road works under Phase One of the HAM programme at an estimated cost of about Rs 130.06 billion (bn), covering nearly 6,092 km across 34 packages that include major district roads, state highways and connectivity corridors. The Panchayat Raj Department is implementing more than 2,100 rural road projects covering around 7,450 km under separate packages. The broader expansion seeks to strengthen inter?district connectivity, reduce travel time and support industrial and logistics movement. The revised tender norms follow instances of higher?than?estimated financial bids in recent months, with technical evaluations for several projects already completed while financial bids remain under review. Officials noted that excess bid percentages in the state were comparatively lower than in some other states executing HAM projects and emphasised the impact of higher construction input prices, including bitumen, diesel, GST?related expenses, transportation charges and long?term maintenance liabilities. Contractors were reported to be factoring inflation?linked operational costs when quoting. Authorities expect the five per cent cap to help maintain financial discipline in upcoming contracts, prevent award delays caused by abnormal premiums and foster a more competitive tendering environment for future highway and road infrastructure projects. The HAM, which shares project costs and risks between government and private developers, has been widely adopted across several states to boost private participation while limiting funding pressure on contractors during execution.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

Real Estate

04 Aug 2026

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

Real Estate

04 Aug 2026

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..