The government has approved highway construction works worth over Rs 4,355 crore in various states, including Bihar and Rajasthan. The Cabinet Committee on Infrastructure (CCI) gave its nod for the four-laning of Beawar-Pali section and Pali-Pindwara section of national highway (NH) 14 in Rajasthan at an estimated cost of Rs 1,102.10 crore and Rs 1,326.54 crore, respectively. The concession period, for which the developer will own and operate the road, will be 21 years for the first project and 19 years for the second one.
With the rapid urbanisation in the country, real estate industry and construction industry in India is moving towards rapid growth serving as a vital sector in the Indian economy. It is expecte More
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