08.28.06

Industrial Model Town : IMT Faridabad in pipeline

Posted in News, India, investment, Government, Real Estate at 6:03 am by Mridul

Industrial Model Town ; in Faridabad

THE HARYANA government has decided to set up an Industrial Model Town (IMT) in Faridabad. The Haryana Small Industrial Development Corporation (HSIDC), entrusted with the task to develop the IMT, has started the process of acquiring 1,850 acres. According to Ballabgarh MLA M.S. Sharda Rathore, the state government issued a notification on July 31 empowering the HSIDC to acquire the land for the proposed IMT.

The Faridabad IMT would be on the pattern of Manesar in Gurgaon, she said. Both Indian and multinational companies will be provided industrial sites and facilities to set up pollution-free units. Sectors 66, 67, 68 and 69, situated across the Agra Canal in the Ballabgarh block, have been identified as the ideal location for the IMT in a preliminary survey

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