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A Rai of Hope : 7 Km From Delhi


A Rai of Hope : 7 Km From Delhi

Last updated: May 21 2007
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  • A Rai of Hope : 7 Km From Delhi

    Rai, a sleepy town just seven kms from Delhi that is buzzing with activity.
    Proximity to Delhi has always worked superbly for Haryana. If it was Gurgaon in the 1980s and 90s and the Manesar wave in this millennium, Rai is a sleepy town all set to become Haryana's latest blockbuster.

    Non-polluting companies pouring in thick and fast in this city. With Yakult Danone India Pvt Ltd, two IT Parks and a rash of companies under construction around Rai, the green bucks are being reaped fast and furious on this scorched and arid land.
    Rai, located in the heart of the Sonepat industrial belt, is on the National Highway 1, passing through the steel grey TDI gate, the Ethnic India Resort and the Atlas Cycles factory. It is linked with Amritsar and Jammu in the North, Kolkata in the East, Hyderabad, Chennai in the South and Mumbai and Ahmedabad in the West. Rai Industrial Estate is about 60 km from the Indira Gandhi International Airport and seven km from the Delhi border.

    Nearly 568 acres of prime land is being developed into a modern industrial park here by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).

    The place is a favorite with companies wanting to relocate industrial units operating from the non-conforming areas of Delhi.
    Two technology parks on the lines of the parks being set up in IMT Manesar and Panchkula are to be set up in the Industrial Estate at Rai, says HSIIDC and the two IT Parks would be set up over an area of about 56 acres of land adjacent to the industrial estate and food park.

    HSIIDC has allotted plots to two types of companies – the first is IT-based, in which 250 per cent of the plot can be constructed. The second category is the food park being planned to promote agro-based and food processing industries in the state.
    This sector will be spread across 118 acres and land has already been allotted to companies such as YakultDanone India Pvt ltd and Reliance Industries. Out of a total of 1322 plots, 998 plots have been allotted and 400 plots have been commissioned. A 20 per cent incentive has been given against land costs in the case of projects being implemented within the stipulated time but no such incentives have been granted for fresh allotments.

    Anant Raj industries have been allotted 25 acres for the development of a technology park. The total constructed area of 51 lakh sq ft would be developed in out of which 32 lakh sq ft would be leased out. The project is slated to be ready in two-and-a-half years.
    The IT park is a futuristic project with three basement car parking facilities, IT-enabled buildings, cabling, conference halls and trading centres. Also in the plan are a four-star hotel with 350 rooms, retail space, restaurants and recreational facilities. Around 25,000 people are expected to work out of this area.

    Companies would be given a fully furnished office when they first move in to enable them to save time. Once their own office is ready in 3-6 months, they could move into their premises and we would give the office space to another company wanting to lease out space in the park. The scale of this project is bigger than the one in Manesar. The entire project is slated to cost us about Rs 1200 crore.
    DLF is in the process of obtaining various statutory permissions to start construction, and the cost of the project is expected to be Rs 421 crores. The company has acquired about 25 acres of which 84 per cent of the space will be utilized for office space, 4 per cent for commercial, 2 per cent for recreational and 10 per cent for group housing.

    It is envisaged that the development of a technology park will generate employment for approximately 20,000 people. It is also hoped that the total business returns for all the business at the park would be somewhere in excess of Rs 2,000 crores. Construction will be undertaken by Laing o'Rourke (LOR), a leading British construction company in a joint venture with DLF.

    Yakult Danone India Pvt Ltd, a joint venture between Japan's Yakult Honsha and Group Danone of France is setting up a manufacturing facility in the food park at Rai which will produce a fermented milk drink. The company has been allotted eight acres of land in the area. The facility will have an installed capacity of one million bottles per day. It is a Rs 136 crores investment on an 8 acre plot.
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