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Real estate update 2 min read

HSVP Announces ₹1,000 Cr Compensation || Greater SPR Project Clears Land Hurdle || Linking New Sectors with NH8 and KMP

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Introduction
Haryana Shahari Vikas Pradhikaran (HSVP) has announced a significant compensation package totaling nearly ₹1,000 crore for land acquisition across six villages. This move clears a major land hurdle for the Greater Southern Peripheral Road (GSPR) project, aiming to enhance connectivity between NH8 and KMP Expressway.

Key Highlight
The project involves compensation for approximately 160 acres of land, with rates ranging from ₹5 crore to ₹9 crore per acre, inclusive of solatium and 12% interest. Notable villages impacted include **Badshapur, Maidawas, Behrampur, Dhoomaspur, Ullawas, and Kadarpur**.

Project Overview
The 12 km stretch of the GSPR will cost around ₹12,000 crore and is intended to boost connectivity between key sectors. Designed to function as an outer ring road, it bridges gaps between new sectors along main city arteries, enhancing traffic flow.

Approvals / Compliance
HSVP has issued a notification effective from **Nov 11, 2025**, under the Land Acquisition Act, 2013. Around 116 acres have already been transferred to governmental authority, providing landowners with transferable development rights and project licences.

Why This Matters
This project is expected to reduce traffic congestion significantly and improve regional connectivity, benefiting Delhi, Gurgaon, and surrounding areas, particularly the industrial hub of Manesar.

To know more, Call +919716040121,+919716030121.

Last updated: 14 Nov 2026, 07:11 AM

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Tags
# land acquisition # Greater SPR # HSVP # Gurgaon # connectivity # project update # compensation # Land Acquisition Act # infrastructure development

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