Kundli, situated north of Delhi on NH 1 (the highway that connects Delhi to Chandigarh), emerged as an important new investment destination.
Kundli today is poised for the kind of growth that Gurgaon witnessed from the mid-nineties. Its future brightened after it was declared part of the NCR in Delhi’s Master plan 2021.
The distance from Pitampura to Kundli is about 25 kilometres. Just as people living in south Delhi prefer to invest in Gurgaon, and those living in east Delhi prefer to invest in Noida and Greater Noida, those living in north and west Delhi are now investing in the Kundli, Sonepat, Panipat belt. The travel time of 30-40 minutes makes Kundli very convenient. Several new infrastructure projects have been announced which have brightened Kundli’s prospects.
Planned over approx 250 acres of beautifully landscaped land this privileged township would house office/ commercial centres, banks and post office, telephone exchange, State of art underground electricity distribution system, power back upto I KVA for built up houses, fibre optic network and e- connectivity, rain water harvesting, state of the art medical infrastructure, well equipped club, shopping complex, multiplex, food courts, health clubs, branded retail chain stores and other world class amenities.
It offers a wide choice to its prospective residents who would have various options from free hold plots to beautifully designed villas and bungalows
Real Estate Development
As the construction of the Kundli-Manesar-Palwal (KMP) Expressway gathers steam, investors to 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.
- Upcoming projects in Kundli
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, Tulip 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.
- The Global Urban Corridor
The Special Purposes Vehicle on the project promises to complete the expressway by 2009. The project is expected to fuel real estate development in the Global Urban Corridor, with the development of Special Economic Zones, financial hubs, residential 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 property investors flocking not only to Kundli, but also to Sonepat, Jhajjar, Gurgaon, Mewat and Faridabad in the NCR region
