Haryana to infuse Rs 4,800 cr for developing infra for global city

22 Jun 2022 CW Team

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.

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Also read: Haryana govt likely to approve new Gurgaon-Delhi metro link

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