Tender for Gurugram Global City project awarded
ECONOMY & POLICY

Tender for Gurugram Global City project awarded

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), responsible for the development of the Global City project near the Dwarka Expressway, has recently granted a substantial contract worth ?7,940 crore for the construction of essential infrastructure, including roads, electricity, water supply, and more, for the project's first phase. This inaugural phase is slated to encompass an expansive 570 acres of land. Officials privy to these developments revealed this information on Sunday and indicated that work on the project is set to commence within the next two to three months.

In conjunction with the infrastructure contract award, the corporation has also announced plans to auction four land plots within Global City, designated for mixed land use. The auction is scheduled to take place in December of this year.

Yash Garg, the Managing Director of HSIIDC, provided insights into the project, stating, "Infrastructure for the first phase will be developed at a cost of ?7,940 crore, with a completion date set for October 2026. The contractor will be tasked with constructing world-class amenities, including roads, an internal mass transit system, and a utility tunnel for common facilities, all aimed at providing residents and visitors with a global-standard experience."

In addition to the infrastructure developments, HSIDC has earmarked approximately 170 acres of land for commercial and residential use within this expansive 1,000-acre mixed-land-use city. The auction for these parcels of land is expected to further contribute to the overall development of the Global City project.

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), responsible for the development of the Global City project near the Dwarka Expressway, has recently granted a substantial contract worth ?7,940 crore for the construction of essential infrastructure, including roads, electricity, water supply, and more, for the project's first phase. This inaugural phase is slated to encompass an expansive 570 acres of land. Officials privy to these developments revealed this information on Sunday and indicated that work on the project is set to commence within the next two to three months. In conjunction with the infrastructure contract award, the corporation has also announced plans to auction four land plots within Global City, designated for mixed land use. The auction is scheduled to take place in December of this year. Yash Garg, the Managing Director of HSIIDC, provided insights into the project, stating, Infrastructure for the first phase will be developed at a cost of ?7,940 crore, with a completion date set for October 2026. The contractor will be tasked with constructing world-class amenities, including roads, an internal mass transit system, and a utility tunnel for common facilities, all aimed at providing residents and visitors with a global-standard experience. In addition to the infrastructure developments, HSIDC has earmarked approximately 170 acres of land for commercial and residential use within this expansive 1,000-acre mixed-land-use city. The auction for these parcels of land is expected to further contribute to the overall development of the Global City project.

Next Story
Infrastructure Transport

Litti Chowk-Baliguma Four-lane Bridge Construction Halted in Jamshedpur

The construction of a four-lane high-level bridge over the Swarnarekha River, connecting Litti Chowk in Bhuiyadih to Baliguma, has been stalled due to a critical design flaw. The delay has been further prolonged by the vacant position of Chief Engineer (Design) in the Road Construction Department, leaving the project in uncertainty. The foundation stone for the bridge was laid on October 4, 2024, just before the implementation of the Lok Sabha election code of conduct. However, construction did not commence immediately. When work eventually began after the elections, a major flaw in the desig..

Next Story
Infrastructure Transport

MoRTH Eases Restrictions for PNC Infratech and Expands Project Scope

PNC Infratech and its Special Purpose Vehicles (SPVs) will regain eligibility to bid for new infrastructure projects starting February 17, 2025. This follows a revised directive from the Ministry of Road Transport & Highways (MoRTH), which reduced the previously imposed restrictions on the company and its SPVs from one year to four months. The restrictions, initially enforced on October 18, 2024, were modified through an order issued on February 6, 2025, contingent on the completion of specific procedures with the National Highways Authority of India (NHAI). With this development, PNC Infrat..

Next Story
Infrastructure Urban

IRB Infra Toll Revenue up to Rs 5.60 bn in Jan with Fighest from Maharashtra

IRB Infrastructure reported a 20 per cent year-on-year increase in toll revenue for January, reaching Rs 5.59 billion. In comparison, the company's toll collection business had generated Rs 4.66 billion in the same month last year, according to its exchange filing. Among its 17 toll plazas, the IRB MP Expressway in Maharashtra accounted for the highest share, contributing Rs 1.55 billion to the total revenue. The Ahmedabad-Vadodara Super Express Tollway followed with a revenue contribution of Rs 690.9 million. Additionally, the CG Tollway, which operates on the Chittorgarh to Gulabpura stretc..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?