LML Realty Park Gains PADMA Status to Support MSMEs in Haryana

13 Oct 2025 CW Team

LML Realty has announced that its upcoming industrial park in Haryana has been officially accredited under the state government’s PADMA (Promoting Access and Development of MSME Advancement) scheme. The recognition enables micro, small and medium enterprises (MSMEs) operating within the park to access a broad set of financial and infrastructural incentives designed to strengthen manufacturing competitiveness and innovation.

Located along National Highway 248 on the Sohna–Alwar corridor, the industrial park benefits from strategic connectivity to the Delhi–Mumbai Expressway, Gurugram, Faridabad, and the Indira Gandhi International Airport. The project offers industrial plots starting from 500 square yards, priced from around Rs 7.5 million, catering to entrepreneurs seeking ready industrial infrastructure in the National Capital Region.

Under the PADMA framework, eligible enterprises can avail incentives exceeding Rs 20 million per unit. These include a capital subsidy of up to Rs 3 million, interest subsidies between five and seven per cent on term loans, collateral-free funding of up to Rs 100 million, and a 75 per cent refund on stamp duty. Additional benefits include a 100 per cent electricity duty exemption for twelve years and a 75 per cent SGST refund for the first seven years of operations.

According to LML Realty’s Managing Director and CEO, Dr. Yogesh Bhatia, the park has been designed as a sector-neutral and innovation-friendly ecosystem, offering plug-and-play facilities, exhibition spaces, and R&D support to small and medium enterprises. He added that the PADMA accreditation reinforces LML Realty’s contribution to the state’s industrial growth and aligns with the broader “Make in India” vision aimed at supporting MSMEs with integrated infrastructure and government-backed incentives.

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