Haryana Chief Minister, Sh. Manohar Lal today chaired the Second Round Table to understand and consider the important inputs for the Global City Project to be set up in Gurugram, Haryana and to explore the leading real estate developers and real …
Chandigarh, May 11- Haryana Chief Minister, Sh. Manohar Lal today chaired the Second Round Table to understand and consider the important inputs for the Global City Project to be set up in Gurugram, Haryana and to explore the leading real estate developers and real estate focused funds. The Conference was held in Mumbai.
Giving this information today, an official spokesperson said that after the first Round Table Conference held in Gurugram on April, 2022, the second Round Table Conference was held in Mumbai today in which delegates of top companies like DLF, Bestech, Godrej, Myhomes, Max Realty, Bharti Realty etc. participated.
In his address, the Chief Minister said that this Global City Project would be developed under the aegis of Haryana State Industrial and Infrastructure Development Corporation which is a nodal agency of the Government. He said that his vision is to develop this project as the central business district of Gurugram with a focus on modern technology sectors and future oriented industries, low carbon green infrastructure, easy living, skill building, and employment generation. Talking about putting Gurugram on the global map, the Chief Minister said that this unique, modern urban ecosystem would act as a base for new technology and innovation industries.
Earlier, the Conference started with welcome and context setting address by Chairman, Haryana State Industrial and Infrastructure Development Corporation, Sh. V. Umashankar, and Managing Director, Haryana State Industrial and Infrastructure Development Corporation, Sh. Vikas Gupta gave a detailed presentation on Global City Project. It was highlighted in the presentation that the Global City Project is a mixed land use project which is being developed in Sectors 36B, 37A and 37B in Gurugram along with the under-construction 8-lane Dwarka Expressway in a residential and commercial hub of about 1,003 acres. The area is envisioned to be developed as a ‘city within a city’.
Sh. Vikas Gupta elaborated that this project will serve as a benchmark for future cities in terms of quality of life, infrastructure and environment. He said that the project ecosystem to be built with the motto of Live, Work and Play will provide the workspace of the future, modern retail spaces, residential towers, carefully planned spacious green spaces and dedicated bus corridors, MRTS (Metro), heliport facilities and multi-modal connectivity option. He said that the project based on transit-oriented development has been done keeping in mind the contemporary planning methodology and the new normalcy after the pandemic. Additionally, special emphasis is placed on specific value propositions to investors in the form of first mover benefits, high return potential, safety of investments, etc.
The spokesperson said that after the detailed presentation, various real estate developers were invited to present their views on the project from the point of view of planning, infrastructure, marketing, positioning and collaboration, which they would need to provide to the corporation to ensure the successful implementation of the project. He said that the invitees appreciated the visionary approach of the government for the development of the project and the government for conducting pre-project launch consultations and seeking suggestions.
These suggestions include allowing developers more flexibility in planning, to develop landmark projects like International Financial Services Center (IFSC), universities etc., providing information about various development and project phasing strategies and suggestions regarding payment mechanism and government assistance such as Single Window Mechanism that can be offered to investors to further enhance the interest of developers etc.
The spokesperson said that after the Round Table Conference, the Chief Minister held one-on-one discussions with the real estate companies.
Haryana Deputy Chief Minister, Sh. Dushyant Chautala, Chief Principal Secretary to Chief Minister, Sh. DS Dhesi, Principal Secretary to Chief Minister and Chairman HSIIDC, Sh. V. Umashankar PSCM and Director, Town and Country Planning Department, Sh. K.M. Pandurang were present along with the Chief Minister on this occasion. The Real estate Company representatives included Mohit Malhotra and Ishteyaque Amjad from Godrej Realty, Vikas Oberoi and Chintan Sanghvi from Oberoi Realty, Rashmi Sen & Pawan Kakumanu from Phoenix Mills Ltd., Sanjay Dutt & Tarun Mehrotra fromTata Realty, Shravan Govil & Rajesh Jain from Adani Realty, Rajan Bandelkar from NAREDCO, Jagadish Nangineni from Sobha, Dhaval Ajmera from Ajmera Realty and Boman Irani from CREDAI.