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Haryana to infuse Rs 4,800 cr for developing infra for global city
Also read: Haryana govt likely to approve new Gurgaon-Delhi metro link
Managing director of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), Vikas Gupta, told the media that the Haryana government would auction about a 150-acre land parcel in Gurgaon in pursuit of its plan to infuse Rs 4,800 crores in developing infrastructure for a global city. Haryana chief minister Manohar Lal Khattar held a series of talks with developers from NCR, Bangalore, and Mumbai to help create the city in Gurgaon on the total 1,003-acre land it identified on Dwarka Expressway. The CM is actively involved in the development of the world-class city, and the first phase is likely to begin in July. The state government will also start work on infrastructure, which will have road and metro connectivity and a helipad among others, Gupta said. The Haryana government is planning to conduct a similar stakeholder meeting in Dubai. The upcoming city will be near a multi-modal logistic park, and a special emphasis will be on sustainability and environment-friendly standards. The land available will be mixed-use, and there will be both commercial and residential growth to follow the walk-to-work concept, said Gupta. Earlier, the Haryana chief minister had said that although Gurugram in Haryana has become a centre of attraction for investors from across the globe, more and more investors would come forward after the global city construction. Max Ventures and Industries Limited, MD & CEO Sahil Vachani told the media that the company lauds the government of Haryana's exemplary vision to create 1000 plus acres in a planned format to develop a futuristic and iconic global city, and their novel initiative to invite participation and inputs from major players in the industry, including Max Estates. Image Source Also read: Haryana govt likely to approve new Gurgaon-Delhi metro link