First casualty: growth story may be cut short | india | Hindustan Times
Today in New Delhi, India
Sep 26, 2017-Tuesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

First casualty: growth story may be cut short

When the Kundli-Manesar-Palwal (KMP) Expressway project was first floated in 2005, tall claims of exponential socio-economic growth were made. However, a series of delays have put a question mark on the development plans.

india Updated: May 08, 2012 01:47 IST
HT Correspondent

When the Kundli-Manesar-Palwal (KMP) Expressway project was first floated in 2005, tall claims of exponential socio-economic growth were made. However, a series of delays have put a question mark on the development plans.

This KMP project was supposed to bring tremendous growth in Gurgaon in terms of residential and commercial development.

The biggest casualty of the delay is the global corridor planned along the road with 12 theme cities.

Three of the hubs - entertainment, world trade and fashion - are to be set up in Gurgaon. The entertainment hub would be a technological cutting edge entertainment sector set up over an area of 140 hectare.

It would have hotels, motels, restaurants, shopping malls, multiplexes, concerts, music halls, night clubs and show theaters along with rapid transit facilities. The world trade hub would be a financial hub with soft trading. It would have facilities to promote business and trade in global sense. More than 40% of the area would be used for the economic functions.

Other projects in pipeline like the Rapid Rail Transit System and Metro corridor (underground and elevated) have also been affected.