Residential and commercial properties in Kundli

As the construction of the Kundli-Manesar-Palwal (KMP) Expressway gathers momentum, investors to residential & commercial properties in Kundli and Sonepat may soon see their dream of Kundli going the Gurgaon and Noida way turn into a reality.
The Rs.1,800 crore project has an exhaustive list of facilities attached to it which would support the Government’s initiatives in developing the 2,000 acre Rajiv Gandhi Education University specializing in the IT, Biotechnology and Nanotechnology sectors. These services include: a trauma centre, helipad, parking zones, refilling booths, refreshment courts, police stations, car washing and recreational outlets.
The cloverleaf interchange at the crossroads of the Expressway and NH 1 was recently approved, leading to elation amongst the developer community in Kundli. Residential and commercial properties in Kundli are expected to ramp up faster as the expressway project advances.
TDI City by the Taneja group is one of the large scale properties in Kundli coming up on 1,200 acres of land. Real estate developers Parsvnath, Omaxe and Ansals have also chalked out large residential and commercial projects in Kundli.
Steps to improve Kundli’s infrastructure have already been taken, with a proposal to take the Delhi Metro to Faridabad, Bahadurgarh and Kundli. The Rajiv Gandhi Education City, or Knowledge City is being planned on 1500 acres on NH 1 and the KMP Expressway. This will further boost the residential & commercial properties in kundli (sonepat)
The Special Purposes Vehicle on the project promises to complete the expressway by 2009. The project is expected to fuel residential & commercial properties development in the Global Urban Corridor, with the development of Special Economic Zones, financial hubs, residential & commercial properties and mixed-use townships, Industrial Model Townships (IMT), food processing units and tourist getaways. Pedestrian crossings have not been overlooked, and cattle crossings, agricultural vehicle crossings and underpasses have been adequately provided for, keeping in mind the countryside the expressway runs through. Proposals for truck parking lots, bus ways and rail over bridges have also been made to the railway authorities.

The KMP Expressway will bring residential & commercial property investors flocking not only to Kundli, but also to Sonepat, Jhajjar, Gurgaon, Mewat and Faridabad in the NCR.

Notable developments along the expressway include the Rai-Kundli Multi-Functional Complex, which has an Export Promotion Industrial Park and a Food Park. The Industrial Model Township in Manesar near Gurgaon on 5,000 acres has already been spotted for investment by MNCs Denso, Honda, Suzuki, Mitsubishi and Duracell. As such, property prices in Kundli have considerably escalated from Rs 25-40 lakh/acre to Rs 2-3 crore/acre. Experts predict a further doubling of property rates once all the projects are under way.