Haryana govt begins work on Global City project phase 1
The Haryana government has started work on Phase 1 of the Global City project in Gurugram, which will include residential and commercial spaces with modern infrastructure. The first phase will be completed by December 2026 and will cost ₹940 crore. The project will cover 1,000 acres and will feature commercial towers, offices, retail spaces, hospitals, schools, and a transportation system. HSIIDC will operate and maintain the Global City until 2033, with maintenance charges to be recovered from allottees after that. The government has also increased HSIIDC's working capital limit by ₹1,500 crore.
The Haryana government has begun work on Phase 1 of the Global City project, a mixed land use project in Gurugram on 1,000 acres along the Dwarka Expressway that will comprise residential and commercial spaces with modern infrastructure and utilities, officials familiar with the development said on Wednesday.
The project’s first phase comprises building roads, electricity, water supply, and other infrastructure on 587 acres by December 2026, HSIIDC (Haryana state industrial and infrastructure development corporation) officials said, adding that the contractor has taken over the project site. Phase 1 will be built at a cost of ₹940 crore, they said.
The Global City project is being developed across parts of Sectors 36, 36B, 37, and 37B. When finished, it will have commercial towers, offices, residential towers, retail spaces, hospitals, schools, a centre for innovation, start-ups, an incubation zone, hospitality and cultural zones comprising 12 million square metres of built-up area, along with green spaces and water bodies, and its own internal mass rapid transportation system. The state government had organised several programmes across the country and abroad to launch and market this project in the last three years. The project was conceived in 2019 and tender for the first phase was awarded last September.
