After Gurgaon development plan, it is Faridabad next to witness its makeover. All issues causing hurdles for this ambitious Rs. 2,200 crore City Development Plan (CDP) have been cleared thereby ensuring a smooth passage for upcoming improvements.
The Union Government, State Government, and Faridabad Municipal Corporation have entered into a tripartite agreement on 22 December at a meeting in New Delhi. This makes the city eligible to receive the financial aid from the Urban Development Ministry and the state government for bringing a mark improvement in its infrastructure over the next few years.
Crisil India Limited was entrusted with the responsibility for designing the development plan. And, the detailed project report is prepared by National Building Construction Corporation (NBCC), a government of India undertaking.
Faridabad City Development Plan will aim at optimizing breakthrough alterations in infrastructure and civic amenities, sewer system, street light, sanitation, storm water drains, roads, solid waste management, and water augmentation for a projected populace of 26 lakh by 2035.
Faridabad is lucky enough to be the only town in Haryana included in the Urban Renewal Mission for the spatial development. As for now, development schemes catering to the demanding infrastructure needs for 91 Urban sectors and 41 Revenue Villages will be taken into prime concern as the work at priority.
Also, the government is focusing on upgrading living standards of slum dwellers, says N.K. Kataria, superintending engineer, Faridabad Corporation. This industrial town holds the dubious distinction of being one of the five cities which has the maximum population of weaker sections, staying in around 60 illegal colonies and slum clusters.
However, the real estate biggies like Omaxe has contributed a lot in improving the image of Faridabad by incorporating a multitude of high class projects both residential and commercial.
Is Faridabad's land really yielding gold? If yes, then what will be its future in current fiscal? 