Haryana plans to invest Rs 1 trillion in Gurugram Global City

10 Oct 2022 CW Team

The Haryana government is looking to invest of Rs 1 trillion in the Global City project in Gurugram, which will come up on about 1,080 acres of land.

Chief Minister Manohar Lal Khattar, who during his recent Dubai visit garnered investments for this project, told the media last week that it is being developed by Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).

Khattar said that the Global City will be a mixed land-use township that will redefine the concept of urban development and what cities of the future will look like through its sustainability-focused infrastructure planning and design.

In the first phase, a target has been set to auction 250 acres of land by November-end, while the auction of the remaining portion will be done in a phased manner, he said.

"It will be a city within a city and involve investments worth nearly Rs 1 lakh crore. Four roadshows have been held in connection with the project including two in Gurugram and one each in Mumbai and Dubai," Khattar said, adding that 13 leading companies have evinced interest in the project so far.

Khattar said that a single window system would be adopted to execute all the works related to this project and all permission will be given through it.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..