Gurugram – Real estate sector is excited by the announcement of Film City

Realty Quarter Bureau - March 18, 2021

Gurugram: The people of real estate sector are quite excited with the announcement of making Cyber ​​City into Film City. He says that with the development of this city, the region will definitely benefit greatly. This can be gauged from the fact that wherever there are film cities, there has been a lot of development. This is the reason that the people of the real estate sector are special among some of the special things announced in the state government’s budget of 1,55,645 crore.

Talking about affordable houses, for all, in the year 2021-22, the Haryana Housing Board has plans to build about 20,000 houses on the land. This will also give real estate a boost. For infrastructure and industrial development, the state government has allocated Rs 13559.41 crore under 2021-22. The target of investment of one lakh crore rupees is also being appreciated by real estate. If the work on the plan of Global City in 1000 acres area near Manesar is started with an investment of Rs 2500 crore, then this area will get more strength.

Certainly, the proposal to develop Film City in Gurugram is a great gift. The arrival of Film City will have a positive impact on the realty market. This will speed up the property price. Also, by developing industrial model township in Sohna, new employment opportunities will be created which will increase the demand for houses.

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