GURUGRAM: The Haryana government plans to develop five new cities of 5,000 hectares each alongside two major expressways – Kundli-Manesar-Palwal (KMP) and Kundli-Ghaziabad-Palwal (KGP) – to boost industrial, commercial and housing activities in areas bordering the national capital, Chief Minister Manohar Lal Khattar said here.
Addressing a real estate conference organized by realtors’ body NAREDCO, Khattar said the state government would also reopen the licensing process for group housing projects under the affordable segment.
“We have prepared a draft plan to develop five big cities alongside KMP and KGP expressways covering 185 km. It’s in pipeline and (corridor) is being considered,” the chief minister said.
Each city would spread over a minimum area of 5,000 hectares and will be developed as industrial, economic and commercial corridor, Khattar said, adding that there would also be provision of housing, providing business opportunities for realty firms.
Khattar said the state government has taken a number of initiatives during the last four years to boost the real estate sector and it has also announced affordable housing policy to help achieve the target of ‘Housing For All’ by 2022. PTI
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