Kathmandu - Terai Expressway / Fast Track.

• By Property Nepal
• Wednesday 3rd of May 2023
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The Kathmandu-Terai Expressway is a proposed 76.2-kilometer expressway that will connect Kathmandu with Nijgadh in Bara district. The expressway is expected to reduce travel time between Kathmandu and the southern plains, and boost economic activities in the region. Here are some key highlights of the project:

1. Length and Cost: The Kathmandu-Terai Expressway is a 76.2-kilometer long expressway that is estimated to cost around Rs. 165 billion. The expressway will be constructed in two phases, with the first phase being the construction of a 33.2-kilometer section between Kathmandu and Nijgadh, and the second phase being the construction of a 43-kilometer section between Nijgadh and Pathalaiya.

2. Travel Time: The construction of the Kathmandu-Tarai Expressway is expected to reduce travel time between Kathmandu and the southern plains significantly. Currently, it takes around 6 to 8 hours to travel between Kathmandu and the southern plains. However, with the completion of the expressway, travel time is expected to be reduced to around 2 to 3 hours.

3. Property Price Increase: The Kathmandu-Terai Expressway is also expected to have a positive impact on the real estate market in the region. Properties located along the route of the expressway are expected to see a significant increase in value as a result of the improved connectivity and economic activities in the region. Areas like Mahadevsthan, Hetauda, and Birgunj are likely to experience a surge in demand for real estate properties, including commercial and residential properties. Property values in these areas are expected to increase significantly as a result. According to some estimates, property prices in these areas could increase by up to 30% in the next few years.

4. Economic Impact: The Kathmandu-Terai Expressway is expected to have a positive impact on the economy of the region. The expressway will provide better access to the southern plains, which will help to promote economic activities in the region. The construction of the expressway is also expected to create job opportunities and increase business activities in the region.

5. Environmental Impact: The construction of the Kathmandu-Terai Expressway is expected to have some environmental impact. The expressway will require the clearance of a significant amount of forested land, which can have an adverse impact on the environment. However, the government has promised to undertake reforestation efforts and other measures to mitigate the impact of the project on the environment.

6. Infrastructure Development: The construction of the Kathmandu-Terai Expressway is expected to boost infrastructure development in the region. The expressway will require the construction of various bridges, culverts, and other infrastructure, which will improve connectivity in the region. In addition, the expressway is also expected to boost the development of other infrastructure, including roads, highways, and utilities.

7. Project Status: The Kathmandu-Terai Expressway is currently in the planning and design phase. The government has already completed a feasibility study for the project and is in the process of finalizing the detailed design of the expressway. The government has also started the process of land acquisition for the project. The construction of the expressway is expected to begin soon, and the government has set a target to complete the project within the next four years.

In conclusion, the Kathmandu-Terai Expressway is a significant infrastructure project that has the potential to transform the economy of the region. The expressway will provide better connectivity between Kath