NHAI to Build Elevated Corridor on Greenfield Expressway Connecting Faridabad & Jewar

The National Highways Authority of India (NHAI) has received approval to construct an elevated corridor on the Greenfield Expressway, a project that is set to revolutionize connectivity between Faridabad and the upcoming Noida International Airport in Jewar, Uttar Pradesh. This development marks a significant milestone in India's road infrastructure, as the Greenfield Expressway is already a key initiative under the Bharatmala Pariyojana. With an additional 8.5 km stretch being added to the existing 31.5 km route, the overall project cost is expected to surge by approximately 48% raising the total investment to around Rs 2,450 crore.

Project Details and Scope

Launched in June 2023 as a six-lane project, the Greenfield Expressway was originally slated for completion within two years. However, progress has reached only 35% to date, prompting an extension of the deadline by an additional 12-15 months. The new elevated corridor is a strategic addition aimed at linking the Delhi-Mumbai Expressway with Faridabad, starting near Sector 65. This move not only improves connectivity but also optimizes land use by navigating through residential sectors that would otherwise have been affected.

Also Read: Ghaziabad Development Authority to Release 120 Residential & Commercial Plots in Indirapuram

Key details of the project include:

• Elevated Corridor Stretch: 8.5 km added to the existing 31.5 km Greenfield Expressway
• Cost Impact: The elevated corridor will increase the project’s total cost by approximately 48%, bringing it to Rs 2,450 crore
• Connectivity: The corridor will connect Faridabad with Jewar Airport, significantly reducing travel time and boosting regional connectivity
• Project Model: Built under the Hybrid Annuity Model (HAM), the Greenfield Expressway is financed through a public-private partnership, with NHAI contributing 40% of the cost

Strategic Importance

Boosting Regional Connectivity

The extended Greenfield Expressway is expected to be a game-changer for the region. By linking Faridabad directly to Jewar Airport, the corridor will enhance accessibility not only for commuters but also for businesses looking to invest in the area. This improvement in connectivity is anticipated to have a ripple effect on economic growth, making the region more attractive for both residential and commercial development.

Economic Impact and Real Estate Growth

The elevated corridor on the Greenfield Expressway will likely spur significant real estate development. Improved access to major transit hubs can lead to increased property values and greater investor confidence. Developers and local authorities are optimistic that enhanced connectivity will attract more investments, ultimately resulting in higher demand and rising property prices in the surrounding areas.

Infrastructure Upgrades

The construction of the elevated corridor has already commenced near Sector 65, where pillars for the structure are being erected. This phase of the project highlights the proactive steps taken to integrate new infrastructure seamlessly with existing road networks. Such upgrades are crucial for handling increased traffic flow and ensuring smooth transit between key urban centers.

Funding and Financial Considerations

The Greenfield Expressway project operates under the Hybrid Annuity Model, where a portion of the cost is borne by NHAI (40%), and the remaining funds are sourced by the private entity that has secured the tender. This funding model is designed to mitigate financial risks and ensure timely project execution. With the elevated corridor addition, the overall cost has risen significantly, but the long-term benefits—such as improved connectivity and potential economic growth—are expected to outweigh these expenses.

Challenges and Considerations

Despite the promising outlook, there are challenges that need careful consideration:

• Extended Timeline:
  With the project progress at only 35% so far, the extended timeline of 12-15 months for completion raises concerns about timely execution.
• Cost Management:
  The 48% increase in cost due to the elevated corridor requires strict financial oversight to avoid budget overruns.
• Coordination Among Stakeholders:
  The project demands effective collaboration between NHAI, state government authorities, and private developers to ensure that infrastructural and regulatory hurdles are smoothly overcome.
• Impact on Residential Areas:
  As the elevated corridor navigates through residential sectors, careful planning is needed to minimize disruption and ensure that the benefits of improved connectivity do not come at the cost of community well-being.

Conclusion

The decision to build an elevated corridor on the Greenfield Expressway linking Faridabad to Jewar Airport represents a bold step forward in enhancing India's transportation infrastructure. With a significant boost in connectivity and a promising economic outlook, this project is poised to drive regional growth and transform the local real estate market. While challenges such as extended timelines and cost management remain, the long-term benefits of a robust, integrated road network are clear.

For investors, developers, and commuters, the enhanced Greenfield Expressway is set to deliver substantial improvements in travel efficiency and open new avenues for economic development. As the project progresses, stakeholders will need to work together to realize these ambitious plans, paving the way for a more connected and prosperous future in the region.

Stay tuned for more updates on this landmark infrastructure project and explore how the elevated corridor on the Greenfield Expressway will reshape regional connectivity and drive growth across Faridabad and Jewar.

Also Read: Delhi Government Mandates Anti-Smog Guns for All High-Rise Buildings