Farukhnagar is a town in Gurgaon a district of Haryana State, India. Farukhnagar, along with rich its heritage and culture, has also become an exceptional industrial area due to cheap resources and connectivity with the Golden Quadrilateral.
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| Industrial Area in Farukhnagar |
Industrial Land in Farukhnagar is always has been a busy commercial area because of its strategic location and availability of resources. Thus, primarily because of its location, it is attracting a lot of commercial projects.
One such project is the Reliance MET Project that is the Model Economic Township Limited Project, started by Reliance in the industrial area in Farukhnagar due to its proximity to the National Capital Region. This project is situated, in Jhajjar district and Gurgaon district covering the Farukhnagar Industrial Area in Haryana, both of which are industrially backwards and in the process of getting evolved.
The project covers thirty revenue villages, 22 of which are in Jhajjar district while the rest 8 are in Gurgaon district including the Industrial Land in Farukhnagar.
Some of the essential reasons why Farukhnagar Industrial Area has been selected for this project are-
- Being part of the National Capital Region sharing a border with Delhi which has very high connectivity not only in the country but also worldwide.
- Lying within the Delhi Mumbai Industrial Corridor Project's influence area, it is well-connected with the Dedicated Freight Corridor.
- The industrial area has been declared, as an Urban area from utilising the various provisions of urban facilities provided in the vicinity and surrounding localities.
- The project is covered by Farukhnagar Development Plan Area in the South.
And because of the above-stated facts, Farukhnagar is the abode to a lot of leading commercial sectors like e-commerce, logistics, automotive, etc. Secure connectivity to Dwarka Expressway and KMP Expressway, along with proximity to T3- Indira Gandhi International Airport.
It also has policies that are industry-oriented making the Industrial area in Farukhnagar an upcoming prime destination for Multinational companies from all around the globe.
One such Industrial park in Farukhnagar is the Embassy Industrial Park spread over a sprawling 108 acres of land. Another industrial park which is located, in Farukhnagar is Allcargo Logistics and Industrial Park.
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With such large e-commerce sectors in business in India, logistics plays a significant role in its success. Efficient land availability, cheaper costs of land, proximity to the National Capital Region, key consumption market and secure connectivity to the Golden Quadrilateral has made the Industrial area in Farukhnagar an epicentre for the businesses around it.
Because of its proximity to the upcoming KMP Expressway and Dwarka Expressway, it has by default become one of the first choices for local logistics and warehouses. The Industrial Area serves to consolidate the industrial footprint in the north of the country.
Since a lot of logistics and warehouses are needed, in the Industrial area, a lot of places, especially those that are not in use are being developed into required warehouses. Then such warehouses are being leased out by the locals to earn a handsome amount. Apart from this, a lot of companies are buying outlands and constructing warehouses for their goods or leasing out their warehouses for some extra income.
The warehouses are equipped, with a state-of-the-art facility backed by a highly trained workforce, custom-made design to suit the customer's need and world-class safety standards. Farukhnagar, however, has no direct rail connectivity. The only connection by rail is from Gurgaon. However, the state government has taken the initiative to get the rail network developed as it would mean more business to the industrial area.
A lot of warehouses are available for lease with lease range starting from one lakhs ranging to a crore. These warehouses are sufficiently equipped depending upon the range and budget, especially with sewerage plants, power backup, water and electricity and security services for the smooth functioning.
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Anyone planning of a business model ought to be taking property there. Giants such as Flipkart, Hero motors, Honda and many more have leased out warehouses in the Industrial land of Farukhnagar to boost their business and not lag in the race.
A lot of premium commercial plots of varied size with planned strategic locations within the licensed Industrial Area of Farukhnagar are readily available. These plots are meant both for residential as well as commercial purposes.
These residential plots are planned to accommodate affordability at various levels to make the industrial area a smart space to live for different kinds of individuals with all basic amenities. The colonies plan to strengthen the concept of "walk to work" concept.
Warburg Pincus private equity and Embassy Group’s joint venture Embassy Industrial Parks acquired a 110-acre land parcel in the Industrial Area of Farukhnagar. The industrial and warehousing company already leased out 1 million sq ft of this proposed development.
Hence the development of the industrial area is also being developed to become a township.
A good part of the equity capital being generated is being invested by these industrial giants in the industrial area further to develop the Industrial Area of Farukhnagar for creation of better investment opportunities along with employment opportunities.
Hopefully, this expansion and growth of the industrial area keep on rising to make the Industrial Area of Farukhnagar a world-class industrial region and one of the best to make secure investments.
TAGS:- Industrial Area of Farukhnagar, Industrial Land in Farukhnagar, Industrial Plots in Farukhnagar, Industrial Plots , Industrial Area, Reliance MET Project, Allcargo Logistics and Industrial Park.
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