Vital Stats
Sectors where private real estate development has taken place: Sector 75 to 79. Launches since 2006 onwards
- Number of private real estate projects Around 100
- Number of units in Ready To Move Projects 75,000 (approx)
- Investment Rs. 22, 500 Crore
- Number of families that have moved in 15, 000
A smart city proposal which projecting an expenditure of Rs. 2,600 crore was submitted earlier this years by Municipal Corporation of Faridabad to the union ministry of urban development. Under this proposal area-based development schemes concerning the development of a land of 1,267 acres, including sectors 19, 20, 20A, 21A, and 21D.
This scheme also includes these regions adjoining Badhkal Lake. It contains three metro depot and 3 metro station, a railway station and two urban villages and two regularized colonies. The ecological restoration and renovation of the vanishing Badhkal Lake by filling the lake with treated water - which is expected to be done in 1 year. For the treated water an STP Plant will be constructed about 2 kilometers away for the lake and treated water will be carrying through the pipeline to fill the lake.
The expected cost of this project is Rs. 50 crore and it will be completed in 2 years. As of now, under Vanikaran Yojna of the government to cut pollution and expand the area for leisure activities, what’s known is that water’s edge and a forest city will be urbanized around the lake.
Faridabad will also go pedestrian and cyclist-friendly with well-maintained cycle tracks and walkways of 4 km length adjacent to the National Highway - 2. The railway station of Faridabad will be also one of the 400 railway station that will be modified as part of the project.
Other schemes include constructing mixed use, high density developments, markets, common spaces next to the metro stations, NH- 2, Re-Development Old Housing Societies and railway station. As well as smart traffic management system, smart signages, rain water harvesting, water quality monitoring system, sewerage & drainage network, smart toilet, solar power and led street lighting and solar waste management systems etc.
