Thursday, 12 July 2012

Real Estate News No 19


Haryana State Industrial and Infrastructure Development Corporation Finalises Plot Allotments for 51 Comes

CHANDIGARH: Haryana State Industrial and InfrastructureDevelopment Corporation ( HSIIDC) has finalised plot allotments for 51 projects.

This would catalyse investments of nearly Rs 3,000 crore and generate direct employment opportunities for quite 20,000 persons, an officer spokesman said here these days.

The 33 projects to be set-up at IMT Faridabad with capital investments in far more than Rs 2,000 crore, can generate direct employment avenues for quite 16,000 people.

IMT Faridabad, that is strategically located, is being developed over a district of 1,784 acres, he said.

Development works to the tune of Rs 310.56 crore are allotted and therefore the work at web site is in full swing and is probably going to be completed by April 2013.

Nearly thirty five per cent of infrastructure development work has already been completed.

Plot allotments for 8 project to be set-up at Growth Centre Bawal, Rewari, involving capital outlay of quite Rs 650 crore and employment generation potential for quite 2,500 persons, have additionally been finalised, he added.

Besides IMT Faridabad and G C Bawal, allotments for fixing prestigious comes at another estates - IMT Manesar, Industrial Estate Kundli, Industrial Estate Barwala, Industrial Estate Panipat, Industrial Estate Karnaland Gurgaon, have additionally been finalised, he said.

The comes sanctioned for plot allotment encompass numerous fields like automobile parts, footwear, surgical product, home appliances, high-fashion clothes, IT  & ITES, printing press, fertilisers, among others.

These come, largely in producing sector, would provide boost to economy of the region and generate immense employment opportunities, he said.

Sona Okegawa Precision Forgings of Sona cluster would started growth project at Growth Centre Bawal on ten acre plot with project investment of Rs 136 crore.

Multi Kenzai Steels Pvt Ltd is fixing a project for manufacture of Solar Panel Framing system at G C Bawal on plot space of 4.5 acres, he said.

The project to be set-up in joint-venture with Ohmi Industries of Japan would involve capital investment of Rs 47.28 crore, he said.

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