Haryana – also known as “The Home of Gods” attracts tourists with its pleasant climate, beautiful lush green forests, ancient monuments, calm scenery and more. The recent addition to this and which is at the top of the list is the new industrial area in Haryana. The region has witnessed exponential economic growth with the rise of the services sector in the past few years. The real estate development has helped the local and multi-national companies to flourish in the area and has become a promising option for the investors and builders to contribute in the realty sector and overall economic growth of the state. Quality in Location: Haryana is surrounded by major cities like Chandigarh, Punjab, Rajasthan and Uttar Pradesh which makes the region best for investing in developing residential and commercial properties. The accessibility brings more convenience and opens numerous opportunities for investors from in and around to invest in real estate. The location is becoming the first choice for big investors to develop high-tech townships, industrial hubs and shopping complexes in various cities of Haryana. The majority of land in the new industrial area of Haryana is eligible for all state-level schemes and subsidies which makes it as one of the prime locations for home-buyers, builders and industrial investors. Haryana Industrial Area: The state government has introduced various incentives and infrastructural policies to boost the development of the industrial areas in the region. The manufacturers and suppliers have witnessed thriving success in the transport sector which has saved them a lot of money. The government initiatives to build and maintain national highways (NH1, NH2, NH22, etc) have brought a blend of innovation by linking urban areas with rural population. The rail network of Haryana connects the state with the rest of the country thus making it the center of attraction and hub for investment. The state-owned unit – Haryana & Infrastructure Development Corporation Limited (HSIIDC) has helped the government to regulate and promote expansion and diversification of industrial sector. The introduction of Labour Policy (2005) and Land Pooling Policy (2017) has made Haryana the first city to incorporate such schemes and incentives. It is the core responsibility of HSIIDC to provide efficient facilities – integrated industries, dedicated infrastructure support, roadways, high-power electricity, sufficient water supply, communication cables and etc which further reduces the burden of the business owners since they get localized control to specific industrial needs. Haryana has showcased the capacity to handle major projects – residential and industrial with extreme professional and cost-efficient approach. Read Here: Most important reasons for why you should buy industrial land in Haryana
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