Prime Minister, Narendra Modi, on 5 November 2015, will kick off two large expressways in the national capital region (NCR), involving an investment of Rs 10,000 crore. He will lay foundation stones for both east and west peripheral expressways that is expected to boost industrial infrastructure and real estate in western UP, Haryana and Rajasthan.
The two expressways to be built between Kundli-Ghaziabad-Palwal (KGP) and Kundli-Manesar-Palwal (KMP) would also lead to decongestion of heavy traffic in the national capital. The cabinet committee on economic affairs has cleared the projects following a proposal moved by roads minister Nitin Gadkari.
The east peripheral expressway road project was put in the cold storage for over a decade after the then Vajpayee government had drawn up plans for its execution, the PMO official said. Along with the KMP and KGP expressways, the government also proposes to take up widening the national highway number 1 to hasten the development of industrial estates in the three states around national capital.
The KGP expressway is one of the first large road projects cleared by the government with an estimated investment of Rs 7,558 crore, including Rs 1,759 crore for land acquisition. The KMP expressway that will connect national highways 1, 2, 8 and 10 is expected to shorten the commuting time between the three satellite towns.