New Highway Projects boost Indian construction industry.
November 26, 2012
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National Highway Authority of India (NHAI) awarded about 4,375 km of roads in first 9 months of 2012, which can be compared against 4,553 km during 2011, 3,338 km during 2010, and 643 km in 2009. Q3 of 2012 saw ~1,898 km of projects awarded. Projects for road construction sector were awarded under public-private partnership programs, and Indian construction industry is surging via flow of funds and EPC (engineering, procurement, and construction) contracts in 2012.
source: http://news.thomasnet.com
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Indian highways are expanding their wings and connecting almost every state to each other. Many new industries are setting up on thes highways for better connectivity. Taking an advantage, all the real estate builders are developing many new projects of flats and appartments on these national highways.