{"id":291343,"date":"2019-09-12T07:22:36","date_gmt":"2019-09-12T07:22:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291343"},"modified":"2019-09-12T07:22:36","modified_gmt":"2019-09-12T07:22:36","slug":"nhai-board-clears-land-monetization-policy-to-part-fund-land-acquisition-costs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-board-clears-land-monetization-policy-to-part-fund-land-acquisition-costs\/","title":{"rendered":"NHAI board clears land monetization policy to part-fund land acquisition costs"},"content":{"rendered":"<p>The board of National Highways Authority of India (NHAI) has cleared a plan to monetize its land parcels along highways to part-fund the huge land acquisition costs for building roads, a top official at the highway development agency has said.<\/p>\n<p>\u201cThe NHAI board has recently approved a land monetisation policy wherein, for highway projects near to urban areas, there will be highway influence zone which would be identified &#8211; 500 metres on either side &#8211; and transactions which will be recorded in that particular influence zone, a part of that will go into an escrow account which will be used to fund the land cost,\u201d Ashish Sharma, Member (Finance) NHAI told investors during a road show on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of National Highways Authority of India (NHAI) has cleared a plan to monetize its land parcels along highways to part-fund the huge land acquisition costs for building roads, a top official at the highway development agency has said. \u201cThe NHAI board has recently approved a land monetisation policy wherein, for highway projects near to urban areas, there will be highway influence zone which would be identified &#8211; 500 metres on either side &#8211; and transactions which will be recorded in that particular influence zone, a part of that will go into an escrow account which will be used [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-291343","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291343"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291343\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}