Haryana plans to invest Rs 1 trillion in Gurugram Global City
Real Estate

Haryana plans to invest Rs 1 trillion in Gurugram Global City

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.

See also:
About 100,000 housing units unsold in Hyderabad
Ashiana Housing to invest Rs 920 mn in Bhiwadi project


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. See also: About 100,000 housing units unsold in HyderabadAshiana Housing to invest Rs 920 mn in Bhiwadi project

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