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NHAI ordering to slow down, land costs to remain stable till 2020

Tuesday, January 1, 2019, 10:01 AM

With limited ordering in road projects projected for the next-few-years, cost of land acquisition, too, is expected to remain stable in a range of Rs 3-3.5 crore per hectare till 2020. The bottlenecks are with respect to availability of consultants to prepare DPRs, the lack of companies to execute orders, and last but not least, the constraints faced by lenders to fund road projects.