On the path of smart development
FFrom revivingii theth dyingdi BadhkalB dhk l Lake to revamping the city’s drainage network systems, Faridabad is all set to go smart
Fortune seems to be favouring Faridabad. Last year it got connected to the Metro and just a few weeks ago it was listed as a fast track smart city. I t s dying l ake, Badkhal, will be revived and developed as a tourist attraction. Water harvesting, water quality monitoring and intelligent traffic management systems will also be put in place, fast tracking its development as a modern city. A move is being made to shift Faridabad’s focus to the service industries though it is known for its core industries. Efforts are also being made to improve its infrastructure. In the process, it’s likely that people flocking to Millennium City Gurgaon will soon find an affordable housing alternative here.
The city, last month, was included in the fast track list of 13 towns that will be developed into smart cities. The Municipal Corporation of Faridabad had submitted a smart city proposal projecting an expediture of ₹ 2,600 crore to the Union ministry of urban development earlier this year. The plan included areabased development proposals involving development of an area of 1,267 acres, which will include sectors 19,20, 20A, 21A and 21D.
The plan includes retrofitting these sectors surrounding Badhkal Lake. It includes three Metro stations, a Metro depot, a railway station and two urban villages (Fatehpur Chandela and Arjondi) and two regularised urban slums (Sant Nagar and Friends Colony). The ecological restoration and rejuvenation of the dying Badhkal Lake includes filling the lake with treated water – which is likely to be done in 300 days. For this an STP plant will be constructed 2 km away and a pipeline carrying treated water will be linked to the currently dry lake, explains D R Bhaskar, nodal officer of Faridabad’s smart city project.
The cost of t he project, expected to be completed in two years, is around ₹ 50 crore. As of now, what’s known is that a water front and a forest city will be developed around the lake, which will be known as the Badkhal Marina. It’s part of the Vanikaran Yojna of the government to reduce pollution and develop the area for recreational activities. The city will also go pedestrian and cyclist-friendly with cycle tracks and footpaths of 4 km length along the NH2. The local railway station is also among 400 railway stations that will be developed as part of the project, he says.
Other plans include developing mixed use, high density ave-
The FNG expressway was planned in 1989 and the work started in 1993. Of the total length, around 20 km falls in Noida-Greater Noida, 8 km in Ghaziabad and around 28 km in Faridabad. Plans for two bridges have been cleared by the NCR Planning Board. The first will connect the Faridabad-NoidaGhaziabad Expressway from Noida Sector 150 with Faridabad and the other link is expected to connect Noida Sector 168 with Faridabad Badoli village nues, plazas, public open spaces along Metro stations in areas ner the six-lane NH2, intelligent traffic management systems and smart signages.
Development of this smart cluster is expected to impact the realty market in the area. Set up to encourage new industries, IMT Faridabad is a flagship industrial township being set up by HSIIDC. It is located on the Delhi-Agra highway over an area of 1,800 acres. Indian Oil Corporation Limited (IOCL) is setting up research and development project in the complex “It will be one of the drivers that will boost the image of the city, make it far more livable,” says RC Gupta, managing director, RPS Group.
The Greater Faridabad 2031 Master Plan that is yet to be notified has a provision for around 35 new residential sectors, out of which five to seven are institutional and industrial, he says. Besides, the widening of the NH2 to a six-lane expressway that is under advanced stages of construction will boost connectivity with the Capital.
RPS is offering around 2,344 units in RPS Savana project in Sector 88. “Over 1,700 apartments have already been delivered and 1,000 families have moved in. The company has delivered 19 towers and eight more are expected to be completed by September this year. The company plans to launch RPS Palm Extension and an RPS Auria Extension by the end of this year,” Gupta says.
BPTP, another real estate company, has given around 9,000 units for possession. It has no new launches planned in the near future. “The market has been taken over by end-users, especially those working in Gurgaon. Buyers are mostly people in the income bracket of ₹ 10 lakh to ₹ 12 lakh per annum,” says a company spokesperson.
Rajiv Bhasin, broker with Bhasin Estates, says that prices of projects in Sector 88 range from ₹ 44 lakh to ₹ 46 lakh for a 2BHK and ₹ 61 lakh for a 3BHK.
Arjun Puri, director of Puri Constructions, says the company plans to launch a 100-acre township in Sector 88 – both plots and floors in a couple of months. The company has so far delivered close to 1,000 units in the area.
Faridabad, last month, was included in the fast track list of 13 towns that will be developed into smart cities.