Gurgaon, the millennium city, was recognized as a potential
destination for investors after the liberalization of the
Indian economy post 1990s due to its proximity to New Delhi
and smart policy initiatives of the Haryana government. Today,
skyscrapers and modern shopping malls dot the new city, which
has seen a major real estate boom since the late 1990's.
Major infrastructural developments:
The upcoming eight lane toll expressway between Gurgaon
and New Delhi,
is now operational and provides non-stop connectivity to
the International Airport and Dhaula Kuan in Delhi over
a distance of 28 kilometers (18 miles) and includes 7 flyovers
and 5 underpasses along the stretch.
Another upcoming big infrastructure project in Gurgaon will
be the KMP expressway or the Kundli Manesar Palwal Expressway.
The Expressway assumes significance because it will connect
four of the most important Industrial centers in Haryana,
and intersect four of India's busiest National Highways:
NH-1 near Kundli (Sonipat), NH-10 at near Bahadurgarh, NH-8
at Manesar (Gurgaon) and NH-2 near Palwal (Faridabad). The
new expressway will not only improve connectivity with the
National Capital, but will also facilitate in developing
a new economic corridor for India.
Special Economic Zone
The Haryana government is establishing a special economic
zone at Garhi Harsaru in New Gurgaon, about 25 km from the
international airport in Delhi, adjoining NH-8 and the state
highway between Gurgaon and Pataudi. The SEZ would be spread
across 3,000 acres and would cost an estimated Rs 948 crore
to build. About 2,400 units are slated to come up in the zone,
providing employment to over 60,000 workers and generating
exports of around Rs 42,000 crore.
A Gems & Jewellery Park Complex at Udyog Vihar is also
in the Governments list of initiatives for promoting this
sector as this has been identified as an industry having good
potential for infrastructural development. The Government
is also contemplating seeking SEZ status for the Gems and
Jewellery Park. Besides that, an Apparel Park is also proposed
to be developed in Gurgaon SEZ under the "Apparel Parks
for Exports" Scheme of the Government of India.
The HUDA and Gurgaon administration have geared up in putting
their best efforts for developing the infrastructure of Gurgaon
as they say Gurgaon is on the verge of becoming a separate
'SEZ country'. The administration has also initiated some
steps for improving power and water supply in Gurgaon. From
food parks to housing complexes and special economic zones
to express highways, the city of Gurgaon is the true reflection
of modern India.
The government of Haryana has plans to extend the Metro Rail to Sohna road and then up to Manesar in the coming years. Real estate giant DLF is planning to start its own metro in Gurgaon to improve the connectivity to its townships and malls.