NAREDCO urges Haryana govt to expedite work on KMP Expressway

The work on the proposed KMP Expressway was supposed to get completed by March 31, but the date has now been extended to mid of June.

Real estate developers’ association National Real Estate Development Council (NAREDCO) has urged the Haryana government to speed up work for completion of the Kundli-Manesar-Palwal Expressway (KMP) and also plans to submit its request to the government.

The work on the proposed expressway was supposed to get completed by March 31, but the date has now been extended to mid of June.

When completed, the expressway will connect Gurugram to Sonepat and Kundli which are the emerging as residential hubs on NH-1.

“The completion will positively impact the development of Sonepat-Gurugram, stretch, which is now becoming a prime real estate destination in the region,” said Parveen Jain, president, NAREDCO, adding, “Very soon we will be sending our submission to the state government.”

KMP, also called the Western Peripheral Expressway, is around 136 km long and connects Kundli in Sonepat district, Manesar in Gurugram District with Palwal district. A number of housing, commercial and infrastructure projects have been planned along the route.

The entire construction has been delayed by over seven years for several reasons including the operational inefficiencies, controversies around land acquisition and various other litigations. The 53-km stretch between Manesar and Palwal was opened for public use on April 5 last year.

Best Real Estate Destinations in Haryana

After the Gurgaon real estate market, there are some other destinations for real estate investment in Haryana. Sonepat and Kurukshetra real estate market is best for future.

Sonepat, a flourishing urban city in Haryana, lies just 16 kms away from Delhi and has emerged to be an important part of National Capital Region. Property in Sonepat is a hub of residential and commercial establishments that comprises of educational, corporate, industrial, hospitality and infrastructural projects. The city has a skyrocketing realty market that is witnessing a remarkable growth in almost all the sectors. Engulfed in rich green spaces, it is the most sought after destination by many buyers and investors and has several landmark projects coming up in various segments. Proximity to Delhi and great connectivity to some of the prime locations of Haryana add wealth to the city’s realty growth. The competitive property prices have made the place a desired target for many investors as well as developers as the prices are anticipated to appreciate considerably. Plots in Sonepat offer genuine benefits to all its investors as it gives you the freedom to build your home in your own style. The developers are eyeing this area as property rates in other parts of NCR are too high and they have an option to invest here and make quick profits in future.

An eight – lane express highway is also on the cards that will connect industrial areas like Sonepat, Bahadurgarh, Jhajjar, Palwal and Gurgaon. Many corporates are also proposing SEZ around the Expressway.

Kundli is the key locality in Sonepat that holds excellent investment potential due to the current and upcoming infrastructural developments happening like KMP Expressway, the 100-metre-wide road from the IGI Airport to Narela, the 5000 acres Rajiv Gandhi Education City and OP Jindal Global University in Sonepat Haryana, a proposed textile park, logistics park and improved rail connectivity.

Kurukshetra is an excellent investment destination that is rapidly flourishing with each passing day. Property in Kurukshetra is available in different options be it in commercial, residential or industrial segment. It is highly profitable to invest in Real Estate in Kurukshetra that will prove to be a money-turning affair as it is anticipated to scale new heights of turnovers in the coming years. Ample availability of property options across all the segments and for any purpose be it for purchasing or taking on rent and great infrastructural development are some of the factors that are attracting huge masses of people to make an investment in Kurukshetra City.

The property prices here are quiet reasonable as compared to other cities and this is what is catching the attention of the investors across the country. The investors are seeing the place as a lucrative investment destination that will fetch them good returns on the capital invested. Smooth and flawless commuting options, calm and peaceful environment and attractive and easy property options available are a few other reasons that add glitter to the glory of the city. Many top class builders are coming up with some big-time projects in Kurukshetra.

Why Sonepat is Hot Destination for Real Estate Investment?

Sonepat, a flourishing urban city in Haryana, lies just 16 kms away from Delhi and has emerged to be an important part of National Capital Region. Property in Sonepat is a hub of residential and commercial establishments that comprises of educational, corporate, industrial, hospitality and infrastructural projects. The city has a skyrocketing realty market that is witnessing a remarkable growth in almost all the sectors. Engulfed in rich green spaces, it is the most sought after destination by many buyers and investors and has several landmark projects coming up in various segments. Proximity to Delhi and great connectivity to some of the prime locations of Haryana add wealth to the city’s realty growth. The competitive property prices have made the place a desired target for many investors as well as developers as the prices are anticipated to appreciate considerably. Plots in Sonepat offer genuine benefits to all its investors as it gives you the freedom to build your home in your own style. The developers are eyeing this area as property rates in other parts of NCR are too high and they have an option to invest here and make quick profits in future.

The residential segment in Sonepat is the most sought after as compared to industrial or commercial segments as there are huge land parcels easily available and that too at lower costs. Many big developers like Omaxe Group, Ansals, TDI, Landmark Group, Eros Group and Jindal Realty are coming up with latest and luxury residential creations in the region in the form of integrated townships which are a charming cluster of independent floors, villas, bungalows, or budgeted plots. These environment friendly townships allow an easy access to all the basic civic and social utilities like schools, colleges, hospitals, malls, etc.

The realty giant Jindal Realty Ltd, which is the real estate arm of the leading business conglomerate Jindal Group has launched a mega township project named as Sonepat Global City, in sector 33&35, Sonepat, Haryana. The signature project strategically stationed on the NH1 lies towards North of Delhi and is spread across 650 acres of spectacularly landscaped environs. The enduring township project incorporates several residential options in the form of spacious plots, opulent villas, urban farmhouses and independent floors to live a secured and comfortable lifestyle. The global city is a leisure destination that boasts of beautiful surroundings and has best-in-class infrastructure in the form of wide and well-lit metaled roads, regular power and water supply, wide walkways, theme parks and a modern security system. It offers a host of lifestyle amenities like multi-utility hall, kids’ play area, swimming pool, tennis and badminton courts, indoor games room and a shopping, and healthcare facilities.

For those who are looking for investment in floors in Sonepat, there are independent floor options available by the name of Pranava Independent Floors. These fine community living spaces offer 3 independent floors featuring 3 BHK residences with wide open terraces or front and rear lawn. There is a common access to top terrace and a reserved parking space for all the three floors. The air conditioned homes are smartly done with latest and trendy interiors and have provision for modular kitchen. The luxury living spaces overlooking the open greens let its dwellers experience a truly blissful living amidst all comforts and conveniences.

Sonepat: A Best Real Estate Hub of Near Delhi-NCR

Indian land is seeing its brilliant days as the majority of the land advancements are sprucing up in each circle. The majority of the land organizations are likewise growing up with the expanding needs of property. One such land Developers named as Jindal Realty is denoting its immense nearness on the land situation. Sonepat, an antiquated town has now transformed into a prospering urban city. Set in Haryana, Sonepat is currently a dumbfounding center point of sumptuous private and business foundation. Couple of minutes from National Capital Delhi, Sonepat has approached as the notorious city for lodging, business, corporate, cordiality and instructive area. With an amazing development in all most everything, the city is currently picking up the enormous reaction of property-purchasers. Encompassed with lavish greenery, the town is a sought decision for purchasers and designers. With its availability with different real urban communities of Haryana and closeness to Delhi includes honest to goodness benefits for the property financial specialists.

Sonepat Property presents to you the best arrangement over the town and offers you the quality for your cash. With a very much qualified and expert group, the Jindal Realty ensures that its clients get the wanted arrangement. The firm not just makes it agreeable to put resources into a specific property yet one can have various advantages. Here you can get the most recent redesigns of realty part while being the solace of your home.