Realtors commit Rs. 90,000cr projects in Haryana

In an encouraging development, National Real Estate Development Council (NAREDCO) members have jointly committed to invest a staggering sum worth Rs. 90,000-cr in Haryana in the next half decade. The investment commitment led by realty majors M3M and DLF also, multiple MoUs were signed between the Haryana government and the members of the realty body in a Happening Haryana Global Investors Summit, concluded recently. While M3M Group has planned Rs. 45,365-cr investment and DLF vouched for Rs. 20,000cr. The other major companies in the top 10 list include Orris Infrastructure with Rs. 8,000cr, Suncity Projects with Rs. 4,662cr, Ansal Properties & Infrastructure with Rs. 2,370cr, Satya Developers with Rs. 2,300cr, Tulip Infratech Rs. 1,955-cr and Jindal Reality committed Rs. 1,800cr. Similarly, Express Projects committed Rs. 1,500-cr and Conscient Infrastructure has ensured Rs. 1,210-cr investment and that the entire investment is meant for both residential and commercial segments with special focus on affordable housing in the state, President, NAREDCO, Parveen Jain, said.

Published: 21 June 2016