Languishing Projects

Located just 4.5 kilometres from the Delhi border on NH 1,Sushant City has been developed by the Ansals,over an area of approximately 250 acres. Plots of area 194 square yards,215 square yards,431 square yards up to 718 square yards are available. Homes with built up area of 1180 square feet,1533 square feet and 2198 square feet are available. Sunshine County is another residential complex offering 17 towers with 12 flats in each tower. 2 and 3 BHK flats of area 1141 square feet and 1615 square feet respectively can be bought here at a rate of Rs 1450 per square foot.

The Kundli-Manesar-Palwal Expressway,the country’s largest expressway project covering 135.6 kilometres,is scheduled for completion by July 2009. This would make Kundli all the more accessible. The expressway will provide high-speed link between northern Haryana and southern districts such as Jhajjar,Gurgaon and Faridabad. The Expressway is to be built on build-operation-transfer basis (BOT) and takes off from NH-1 in Kundli (Haryana). At present it takes at least two-and-a-half hours to travel from Kundli to Gurgaon. Once the Expressway is complete the stretch can be covered in an hour. Kundli might also become a major education with the development of Rajiv Gandhi Education City. “The last 2-3 years saw a good increase in demand for homes in Kundli. However,the market has stagnated now in spite of upcoming projects that would increase Kundli’s self-sufficiency and accessibility,” said Nitin Bhutani,marketing executive with Ansal Properties. “Prices have seen a correction of approximately 15 per cent,” he added.