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Status of KMP Expressway

Last updated: November 17 2018
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  • Re : Status of KMP Expressway

    Originally posted by MANOJa View Post









    Source: Times Of India Publish: 5-April-2013
    this seems to be a good news i to have strong feeling that work should get start in full speed with in sometime

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    • Re : Status of KMP Expressway

      Originally posted by MANOJa View Post









      Source: Times Of India Publish: 5-April-2013
      Where is the cargo airport proposed is it near KUNDLI ?

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      • Re : Status of KMP Expressway

        Originally posted by snpREALTY View Post
        this seems to be a good news i to have strong feeling that work should get start in full speed with in sometime
        only way left in front of HUDA govt that it should pray to GOD to give sense to the contractor to start the work.

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        • Re : Status of KMP Expressway

          Originally posted by ncr2012 View Post
          Where is the cargo airport proposed is it near KUNDLI ?


          Not sure, but heard that it is near Kundli ( no confirmations yet ) .
          Please read IREF rules | FAQ's

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          • Re : Status of KMP Expressway

            Originally posted by MANOJa View Post
            Not sure, but heard that it is near Kundli ( no confirmations yet ) .
            Thanks sir if it is there it will put a major boost to Kundli. When its finalisation is expected.

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            • Re : Status of KMP Expressway

              Originally posted by ncr2012 View Post
              Thanks sir if it is there it will put a major boost to Kundli. When its finalisation is expected.

              Expect a formal announcement soon .

              ..........but things r a bit hazy & not too clear on the exact location, as on date .
              Please read IREF rules | FAQ's

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              • Re : Status of KMP Expressway

                Originally posted by nirmal39 View Post
                Haryana government is far more efficient than UP government in terms of orderliness, execution and law and order. Atleast there are no land scams like Noida in Haryana.........

                And RGEC was planned around 2004-05 and land possession was given after land clearence in 2012. So, it took 7-8 years for the project to be bought from farmers but there are no hurdles anymore.
                What about the dwarka expressway land dispute? Orderliness in haryana. Can you give any examples?
                If UP is bad the same applies for haryana. Don't know what prompted this biased comparison from you. Possibly you have an investment in haryana or reside there.

                Sent from my GT-I9300 using Tapatalk 2

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                • Re : Status of KMP Expressway

                  Originally posted by MANOJa View Post
                  Expect a formal announcement soon .

                  ..........but things r a bit hazy & not too clear on the exact location, as on date .
                  Thanks for update sir.

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                  • Re : Status of KMP Expressway

                    Lenders to ask developer to give up highway project
                    A A VISHWANATH NAIR: MUMBAI, APR 15 2013, 02:00 IST

                    The 135.6-km Kundli-Manesar-Palwal expressway delayed by 4 yrs
                    Lenders to the 135.6-km Kundli-Manesar-Palwal (KMP) expressway plan to ask the concessionaire to give up the project, which has been delayed by nearly four years and is nowhere near completion. “We plan to ask the concessionaire to give up the project to someone else,” said a banker in the know of the development, adding that at the current estimate of R2,200 crore, the cost overrun has been significant. The concessionaire, KMP Expressways, is a consortium of three companies led by the HS Narula-promoted DSC Group. A group of banks led by IDBI Bank, which had agreed to lend close to R1,150 crore when the project took off in 2006, will be meeting with them in the next 10 days.
                    The lenders have already disbursed over 85% of the sanctioned amount, the banker said. The project is owned by Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), which has put a fine of 0.1% of the total project cost per week since July 30, 2009. On June 30 this year, the project will complete the maximum permissible time of four years since its scheduled commercial operation date (CoD), which is the time given by Reserve Bank of India (RBI) for infrastructure projects. The project, which had undergone one round of restructuring earlier, covers the entire National Capital Region (NCR). It was first awarded to the DSC Group in 2006 and the CoD was set for July 29, 2009.

                    The DSC Group had been given a

                    http://www.financialexpress.com/news...ject/1102416/0
                    Last edited April 15 2013, 06:56 AM.

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                    • Re : Status of KMP Expressway

                      Now this sounds like a good news

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