Land for PPP projects at state level not an issue: Knight Frank executive

Competing supply could cannibalise demand for non-prime land, says Saurabh Mehrotra. His company closed transactions worth 1,03,720 sq metre in private partnership projects during the pandemic.

Real estate consultancy Knight Frank closed transactions worth 1,03,720 sq metre in private partnership projects (PPP) during the Covid-19 pandemic. Saurabh Mehrotra, the company’s executive director, valuation & advisory, spoke to Jyoti Mukul about how making states a stakeholder in monetisation can help resolve disputes on land use and ownership. 

Edited excerpts from an interview.

What are the current challenges in getting land for the public private PPP infrastructure projects?

Land allotment for PPP projects initiated at state level has not been an issue. In some cases, where the PPP project is initiated by a central government body and the