Ansal Properties & Infrastructure Limited, a leading real estate developer company is all set to become one of the first developer in the State of Haryana to have been granted a Letter of Intent by the Haryana Government (Department of Town and Country Planning) for developing an Integrated Industrial Estate at Gurgaon (Pathredi) on NH-8 near the Toll Plaza over an area of about 100 acres. It is proposed that the project will involve an investment exceeding Rs. 100 crores including the cost of infrastructure development. The Integrated Industrial Estate has been planned by Ansal API and is in tune with the objectives of the Industrial Policy formulated by Haryana Govt. 2005 vide which the Government have welcomed the participation of the private sector in the development of industrial infrastructure in the State.

According to Mr. Sushil Ansal, Chairman – Ansal API, “The Integrated Industrial Estate would encourage and attract huge investments in the industrial sector from large scale and small scale industrial units in the thrust area declared by the State Government in its Industrial Policy of 2005. The industries to be attracted in the industrial estate would cover auto-components, readymade garments, footwear and leather garments, light engineering, electronics and IT units.”

The Industrial plots would be developed in various sizes ranging from 0.125 acres to 2 acres and more. The proposed Industrial Estate would act as another economic generator in the development of Haryana State as the industrial units to be set up in the industrial estate would provide huge direct and indirect employment. It was further informed that the industrial units to be promoted in the industrial estate at Gurgaon (Pathredi) would be eligible for backward area incentives as the location falls in the backward area of Pataudi block (Gurgaon District) and as such the units will be eligible for financial assistance in the form of interest free loan to mega projects and SSIs repayable after a period of 5 years after the date of start of commercial production. This financial assistance would be 50% of the value of tax paid on the sale of goods produced in such industrial units, under the Haryana Value Added Tax Act 2003.

The Integrated Industrial Estate would be developed with the top class physical and social infrastructure, including proposed place for Bank, Post Office, Restaurant, Petrol Pumps etc. The Integrated Industrial Estate would also have the CETP, Solid Waste Management System, truck terminal, parking place etc. It has been further planned to set up an independent sub station for the augmentation for power supply through supply lines of Dakshin Haryana Bijli Vitran Nigam. The proposed Industrial Estate would have a unique locational advantage as it is situated at a distance of only 10 km from IMT Manesar on NH-8, Delhi – Jaipur Highway and the proposed KMP Express Highway which would also pass through the nearby focal point. It is expected that the infrastructure would be laid within next one year, so that the industrial estate is operational by the end of 2009.

Sourced From: Adfactors Public Relations Pvt Ltd

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