Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Manesar, Indirapuram to become next Gurgaon

Armaan · 05-01-07

Manesar, Indirapuram and Sonepat to hog the limelight after Faridabad, Noida, and Gurgaon. However, the future will see new stars shining on the NCR's horizon, namely Information Technology (IT) parks and Special Economic Zones (SEZs), Not only will they become a hub unto themselves, but they will generate employment and cause a positive impact on the surrounding real estate market.

Though, DLF is building a big IT park in Gurgaon, what is generating news these days is the proposed SEZ by the Reliance Industries Limited's bordering west and northwest Delhi. the 25,000 acre SEZ is tipped to be the largest in the country and is a result of an MoU between RIL and the Haryana State industrial Development Corporation.

The SEZ by Reliance will be in addition to the nine SEZs already approved in principle by the Central Government. Proposed to be set up on a land stretching from Garhi Harsuru in Gurgaon to Badli abutting the Farrukhnagar - Jahjjar raod, the awaited Kundli - Manesar-Palwal expressway will also pass through the area.

Apart from basic industries, the project, which is to be set up on the pattern of China's Shenzhen, will attract next generation businesses like bio-technology.

05-01-07	#1
Armaan New Member Join Date: Oct 2006 Posts: 31 Thanks: 0 Thanked 0 Times in 0 Posts	Manesar, Indirapuram to become next Gurgaon Manesar, Indirapuram and Sonepat to hog the limelight after Faridabad, Noida, and Gurgaon. However, the future will see new stars shining on the NCR's horizon, namely Information Technology (IT) parks and Special Economic Zones (SEZs), Not only will they become a hub unto themselves, but they will generate employment and cause a positive impact on the surrounding real estate market. Though, DLF is building a big IT park in Gurgaon, what is generating news these days is the proposed SEZ by the Reliance Industries Limited's bordering west and northwest Delhi. the 25,000 acre SEZ is tipped to be the largest in the country and is a result of an MoU between RIL and the Haryana State industrial Development Corporation. The SEZ by Reliance will be in addition to the nine SEZs already approved in principle by the Central Government. Proposed to be set up on a land stretching from Garhi Harsuru in Gurgaon to Badli abutting the Farrukhnagar - Jahjjar raod, the awaited Kundli - Manesar-Palwal expressway will also pass through the area. Apart from basic industries, the project, which is to be set up on the pattern of China's Shenzhen, will attract next generation businesses like bio-technology.