Haryana Government has planned to launch a 1,000 acres Global City project in Gurgaon and the tendering process for the project is set to start shortly. The Haryana State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) will develop the infrastructure and then will auction the industrial and residential plots in the planned city. The project is being developed in a phased manner; initially, the government intends to develop a chunk of 50 or 100 acres of land only. On the model of Dubai‘s Business Bay, which will have shopping malls, commercial and residential buildings. For construction purposes, 3.5 FAR (floor area ratio) will be permitted, Deputy CM said in an official statement and added that the city will have walking, cycling and service lanes. There will be an area for civic amenities at underground spaces and will also have the biggest heli-hub spread over an area of 25 acres.
📅Published on:
03 January 2022
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