Infrastructure Pushes Property Prices in Kundli, Levels Rates in Hyderabad

By NRI Realty News Desk · February 28, 2026

Kundli

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 KMP Expressway

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 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

Notable developments along the expressway include the Rai-Kundli Multi-Functional
Complex, which has an Export Promotion Industrial Park and a Food Park.
The Industrial Model Township in Manesar near Gurgaon on 5,000 acres has
already been spotted for investment by MNCs Denso, Honda, Suzuki, Mitsubishi
and Duracell

Property Rates in Kundli-Palwal-Manesar

Property prices in Kundli have escalated from Rs. 25-40 lakh per acre
to Rs.2-3 crore per acre. Similarly, property rates in Bahadurgarh have
grown manifold, fetching Rs. 50 to 90 lakh for an acre, as against Rs.
13 lakh to Rs. 18 lakh two years ago. Manesar property prices have also
quadrupled to Rs. 1.1crore – Rs.1.4 crore per acre. In Palwal, property
rates have multiplied more than 5 times in some neighbourhoods.

Experts predict a further doubling of property rates once all the projects
are under way.

A word of caution

Investors in Kundli have been advised to get a no-objection certificate
from the Haryana State Industrial Corporation before finalizing on any
deal falling within a kilometer on either flank of the KMP Expressway
as the land is controlled by the HSIDC

Hyderabad

If infrastructure is driving the real
estate Delhi market , it
is leveling off prices in Hyderabad. The new international airport in
Shamshabad has had a stabilizing effect on property rates in Hyderabad,
slipping by almost 35%.

The downturn in property prices in Shamshabad follows the rush for property
investments after the airport project was announced. Investments however
have narrowed down to a trickle in the last few months, having its effect
on property rates in the Shamshabad airport zone as well.

A possible reason for the downturn could be the development of the Greater
Hyderabad city, as new localities have mushroomed with good infrastructure
and lower rates. Over 40 million sq. ft of commercial space in Greater
Hyderabad is expected to develop over the next three years to meet the
growing demand from industry. Infrastructure in Shamshabad however, is
progressing slowly – this could be another reason for the slide
in prices.

After the spirited performance over the last 2 years, property rates
in Hyderabad in general have corrected by 15%, but ready-to-move-in properties
are still hard to come by in the city. This factor has managed to prop
up real estate in Hyderabad, but as more ready properties enter the market,
a further correction is expected.