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ASSOCIATE SPONSORS
Till February 2020, a total of 246 road projects with an aggregate length of about 10,100 km were awarded under BMP Phase-I at a total cost of Rs 2.38 lakh crore.
"Loss of toll revenues for around 115 toll projects of NHAI operated by private players is estimated to be in the range of Rs 460 crore for the ten days period," ICRA said in a statement.
"The recent initiatives put forth by the NITI Aayog and approved by the Cabinet Committee on Economic Affairs (CCEA) for revival of the construction sector are a key positive for the stressed construction sector," Icra Vice President Shubham Jain said.
Commercial real estate sector has witnessed increasing participation by various large global funds and private equity players, buoyed by the gradual recovery in the sector since 2014-15 fiscal, it said.
