Haryana CM holds one-on-one discussions with real estate companies over proposed Global City project in Gurugram

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To understand and consider the important inputs for the proposed Global City Project,

which is to be developed on more than 1,000 acres of land near Manesar in Gurugram,

the Haryana Chief Minister Manohar Lal Khattar on Wednesday chaired the second

round table delegates of top industrialists in a conference held in Mumbai. The meeting

was aimed to explore the leading real estate developers and real estate focused funds.

After the round table conference, the Chief Minister held one-on-one discussions with

the real estate companies.

An official spokesperson said that after the first round table conference held in

Gurugram in April, the second round table conference was held in Mumbai on

Wednesday in which delegates of top companies like DLF, Bestech, Godrej, Myhomes,

Max Realty, Bharti Realty etc. participated.

In his address, the Chief Minister said that this Global City Project would be developed

under the aegis of Haryana State Industrial and Infrastructure Development Corporation

which is a nodal agency of the Government.  He said that his vision is to develop this

project as the central business district of Gurugram with a focus on modern technology

sectors and future oriented industries, low carbon green infrastructure, easy living, skill

building, and employment generation. Talking about putting Gurugram on the global

map, the Chief Minister said that this unique, modern urban ecosystem would act as a

base for new technology and innovation industries.

Earlier, the Conference started with a context setting address by Chairman, Haryana

State Industrial and Infrastructure Development Corporation, V Umashankar, and

Managing Director, Haryana State Industrial and Infrastructure Development

Corporation, Vikas Gupta who gave a detailed presentation on Global City Project. It

was highlighted in the presentation that the Global City Project is a mixed land use

project which is being developed in Sectors 36B, 37A and 37B in Gurugram along with

the under-construction 8-lane Dwarka Expressway in a residential and commercial hub

of about 1,003 acres. The area is envisioned to be developed as a 'city within a city'.

Gupta elaborated that this project will serve as a benchmark for future cities in terms of

quality of life, infrastructure and environment. He said that the project ecosystem to be

built with the motto of Live, Work and Play will provide the workspace of the future,

modern retail spaces, residential towers, carefully planned spacious green spaces and

dedicated bus corridors, MRTS (Metro), heliport facilities and multi-modal connectivity

option. 

After the detailed presentation, various real estate developers were invited to present

their views on the project from the point of view of planning, infrastructure, marketing,

positioning and collaboration, which they would need to provide to the corporation to

ensure the successful implementation of the project. He said that the invitees

appreciated the visionary approach of the government for the development of the

project and the government for conducting pre-project launch consultations and seeking

suggestions.

These suggestions include allowing developers more flexibility in planning, to develop

landmark projects like International Financial Services Center (IFSC), universities etc.,

providing information about various development and project phasing strategies and

suggestions regarding payment mechanism and government assistance such as Single

Window Mechanism that can be offered to investors to further enhance the interest of

developers etc.

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