Last Updated: May 03, 2023, 16:23 IST
MET City has obtained licenses for 1900 acres in section 1 of its growth and has already invested roughly Rs 8,800 crore on land and infrastructure works. (News18)
The 12 months noticed the town broaden its horizon as house to over 450 firms, with a number of manufacturers from seven totally different nations, together with greater than 2,000 residential plots offered for particular person houses
Reliance MET City, North India’s fastest-growing built-in sensible metropolis in the state of Haryana, had a profitable monetary 12 months 2022-23.
The 12 months noticed the town broaden its horizon as house to over 450 firms, with a number of manufacturers from seven totally different nations, together with greater than 2,000 residential plots offered for particular person houses.
MET City has been developed by Model Economic Township Limited (METL), a 100 per cent subsidiary of Reliance Industries Limited, as an built-in sensible metropolis. Its infrastructure is on par with world requirements and gives ’Walk to Work’ benefit to clients.
The industrial section of MET City noticed an addition of 76 new firms, bringing in an funding of near Rs 1,200 crore and producing an employment potential for about 8,000.
Notable among the many world firms setting retailers are Hamdard, Boditech from South Korea, Nihon Kohden from Japan, and so on. In the residential section, plotted growth of three phases had been efficiently launched. More than 1,200 new residential clients purchased plots, taking the entire quantity to greater than 2,000.
The 12 months additionally noticed MET City successful the coveted ‘Best Integrated Business City Award’ by NAREDCO and the ‘Most Trusted Brand of the Year’ award by Team Marksmen. These awards are testimony to the belief stakeholders have in the model.
What is Model Economic Township Limited (METL)?
MET City (METL) is a 100 per cent subsidiary of Reliance Industries Limited, which is creating a world-class Greenfield Smart metropolis on over 8,000 acres’ land in the district of Jhajjar close to Gurugram in the state of Haryana.
MET City has obtained licenses for 1900 acres in section 1 of its growth and has already invested roughly Rs 8,800 crore on land and infrastructure works. It has launched 5 industrial sectors, three pockets of inexpensive residential plotted growth, and two initiatives for SCO.
Till date, Reliance MET City has attracted enormous investments from varied firms positioned in the venture and has additionally generated employment for over 25,000 folks.
The venture gives glorious connectivity to Delhi because the KMP Expressway passes by the venture and is effectively related to NH- 9, NH-48, NH-71, NH-10 in the NCR. Once Dwarka expressway is absolutely operational, it’ll present glorious connectivity to worldwide airport in Delhi. It can be near rail freight terminal and DFC hall. Located on SH 15-A, the venture is one of probably the most strategically positioned built-in park in nationwide capital area.
More than 450 firms together with some of one of the best nationwide and worldwide corporates, have arrange their bases in MET City as a consequence of world – class plug-n-play infrastructure on the township and its strategic location with glorious connectivity to the NCR area. The venture has already seen completion of trunk infrastructure comprising of energy infrastructure, together with 220 KV substation developed by MET City, Water therapy plant, water distribution community, extensive street community and intensive landscaping. It is already including lot of momentum to the financial growth of state and area with greater than 30,000 folks at present employed in the 30 operational and 70 beneath development firms.
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