[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
NEW DELHI: The National Highways Authority of India is looking to monetise around 7,500
kilometres of road projects worth Rs 3 lakh crore, a senior NHAI official has said.
“If we were to look at our monetisation plans, all the greenfield projects we are making could
be potentially monetised,” the official told ET.
These projects, which are mostly greenfield expressways and access-controlled highways, will
be completed by 2024-25, and are likely to be monetised through different models.
The authority plans to raise Rs 20,000-25,000 crore through the SPV model, and Rs 10,000
crore through the toll-operate-transfer (TOT) model in 2021-22, the official said. A second
infrastructure investment trust (InvIT) worth around Rs 6,000 crore is also in the pipeline for
the next financial year.
“In terms of the model of monetisation, we are open. Depending on the mode which gets
better response from the market, we will take a call on how we monetise the majority of our
projects,” the official said.
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