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Posted at: Mar 18, 2017, 12:45 AM; last updated: Mar 18, 2017, 12:45 AM (IST)

NAREDCO urges Haryana govt to expedite work on KMP Expressway

NAREDCO urges Haryana govt to expedite work on KMP Expressway
Real Estate Industry body, NAREDCO has urged the Haryana Government to speed up work for completion of the much awaited Kundli-Manesar-Palwal Expressway (KMP). The work on the proposed expressway was supposed to get completed by March 31, this year. The date has now been postponed to mid of June 2017.

According to officials of the Haryana State Industrial and Infrastructure Development Corporation Ltd. (HSIIDC), about 70 per cent of the civil work on the 83-km stretch between Manesar and Kundli has been completed and the remaining construction is expected to be done by mid of June. KMP, which is also called the Western Peripheral Expressway, is around 136 km long expressway and connects Kundli in Sonepat district, Manesar in Gurugram District with Palwal District. The entire construction has been delayed by over seven years for several reasons, including operational inefficiencies, controversies around land acquisition and various other litigations. After much delay, on April 5, 2016 the 53-km stretch between Manesar and Palwal was opened for public use.

When completed, the Expressway will vertically connect Gurugram to Sonepat and Kundli which are the emerging as residential hubs on NH1. Commenting on the advantages of the completion of the mega project, Parveen Jain President NAREDCO said, “The opening up of the Expressway will provide a plethora of socio-economic development opportunities to the entire region. The completion of the remaining stretch is the key to unlocking the growth potential in the region. A number of housing, commercial and infrastructure projects have been planned along the route. Completion of the entire project within the stipulated time frame will help the region to prosper.” NAREDCO plans to submit its request to the Haryana Government. “Very soon we will be sending our submission to the state government. Hopefully, government will look into our long-pending demand. The completion will positively impact the development of Sonepat-Gurugram, stretch, which is now becoming a prime real estate destination in the region,” added Jain.

“Sonepat, a satellite city of Delhi and located 20 km from North of Delhi, is already witnessing large-scale developments in all sectors — residential, commercial and retail. It has been marked as one of the prominent industrial zones of Haryana. With sky-rocketing property rates of Delhi, Gurgaon and Noida, real estate in Sonepat offers good options to all sections of buyers.

With the completion of KMP, the city is set to become another real estate hub like Gurugram and Noida” said Vijay Arora, Vice President, Jindal Reality Pvt. Ltd.

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