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Calls to Gannon-Dunkerley's managing director's office in New Delhi did not elicit a response. A number of projects awarded last year had seen aggressive bidding...Image: Rain clouds gather over western express highway in Mumbai...Quoting at a
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Aggressive bidding and higher premium being quoted by developers for new toll road projects on BOT basis are expected to bring down the average return to 14 per cent, a Crisil survey said. "Aggressive bidding and sharp increase in developers' costs,
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