The government has reached out to real estate developers, hotel chains and conglomerates to develop wayside amenities along the New Delhi-Mumbai expressway.
The move is part of the National Highways Authority of India’s land monetisation plan, which includes setting up a real-estate wing that will explore ways to earn additional revenue.
The companies approached include DLF, Jones Lang LaSalle, Reliance Fuel, L&T Construction, Accor Group, Oyo and Lemon Tree.
NHAI is developing the 1,300-km greenfield New Delhi-Mumbai corridor as a fully access-controlled expressway, which will pass through economic hubs including Jaipur, Bhopal, Indore and Ahmedabad.
The expressway will provide connectivity with the Jawaharlal Nehru Port Trust, Mumbai Port, production centres like Kota, and the Ranthambore National Park, which, according to the government, provides good traffic on both commercial and passenger ends.
NHAI has called a stakeholders meeting to discuss the modalities of over 90 wayside amenities planned along the expressway, including their contracting options. Food companies including McDonald’s, KFC, Haldiram’s, Cafe Coffee Day and Barista have also been approached.
Road transport and highways minister Nitin Gadkari last year floated the idea of inviting oil marketing companies to set up petrol pumps along the expressway. Speaking at an investor meeting here earlier this week, he said NHAI wants to acquire 3,000-10,000 acres of land along upcoming highways, which can be used to develop townships and hospitals, among other public facilities.
The minister said NHAI can “reap the benefits” of land appreciation on account of these projects.
The move is part of the National Highways Authority of India’s land monetisation plan, which includes setting up a real-estate wing that will explore ways to earn additional revenue.
The companies approached include DLF, Jones Lang LaSalle, Reliance Fuel, L&T Construction, Accor Group, Oyo and Lemon Tree.
NHAI is developing the 1,300-km greenfield New Delhi-Mumbai corridor as a fully access-controlled expressway, which will pass through economic hubs including Jaipur, Bhopal, Indore and Ahmedabad.
The expressway will provide connectivity with the Jawaharlal Nehru Port Trust, Mumbai Port, production centres like Kota, and the Ranthambore National Park, which, according to the government, provides good traffic on both commercial and passenger ends.
NHAI has called a stakeholders meeting to discuss the modalities of over 90 wayside amenities planned along the expressway, including their contracting options. Food companies including McDonald’s, KFC, Haldiram’s, Cafe Coffee Day and Barista have also been approached.
Road transport and highways minister Nitin Gadkari last year floated the idea of inviting oil marketing companies to set up petrol pumps along the expressway. Speaking at an investor meeting here earlier this week, he said NHAI wants to acquire 3,000-10,000 acres of land along upcoming highways, which can be used to develop townships and hospitals, among other public facilities.
The minister said NHAI can “reap the benefits” of land appreciation on account of these projects.
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