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Posted: 21 Jun 2010

Faridabad To Get Mega Industrial Township

An Industrial Model Township (IMT) is slated to become a reality in Faridabad soon. Coming up on 1,800 acres of land near Ballabgarh, work on this project is likely to begin next month.

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), which has acquired land for this purpose has entrusted the task of develop- ing it to a Hyderabad-based infrastructure company -- Ramky Infrastructure.

“Work on infrastructure development on the IMT will start soon,“ Bhagmal, General Manager, HSIIDC, Faridabad said, adding that HSIIDC has issued a letter of acceptance to Ramky Infrastructure.

The HSIIDC acquired about 1832 acres of land in villages like Chandawli, Machgar, Nawadah, Sutai and Mujedi for the purpose. “Infrastructure development will take three to four months, after which plot- ting will be done,“ Arora said.

The minimum industrial plot will be 450 square metres and the maximum could be 10 acres.

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IMT
Posted by Vikram 21 Jun 2010

Thanks Jitu for your views, definitely I am also bullish on Faridabad and IMT in Faridabad confirms my decision which I took 3 years back by choosing Faridabad Neharpar. My comments were result of frustration which is due to lack of govt action in Faridabad Neharpar -residential area

Reply: i understand your frustration. but just keep your patience intact. you might be needing it for a couple of years.
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IMT in Faridabad
Posted by Vikram 21 Jun 2010

good to learn about this. However it is very sad that govt is very good in launching new projects however they never take care of existing projects. They plan to start the work for IMT in Faridabad next month (which will result further increase in the rate in that area) however voice of existing investors in Neharpar area for basic infrastructure is still not listened by Govt.

Reply: we have learnt to look everything negatively. this IMT was pending for more than a decade. and it is not residential but industrial infrastructure that faridabad business and industry was desperate in need of. Development of this would increase employment and business avenues in faridabad and since this is also in neher par area, govt would be bound to bring connectivity and infrastructure to the area, as govt does not do prelaunches but would offer developed plots with connectivity else who would put industry there. so this is a positive news and i see no reason to sniff negativity in this.
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