Supertech to invest Rs. 5,706 crores in Haryana

Realty firm Supertech Limited signed a Memorandum of Understanding (MoU) with Government of Haryana to take the state to new heights of development in the next 7 years. It will generate 5,000 employment opportunities in the state, further enhancing the overall growth of Haryana. Under the Government’s initiative of Housing For All by 2022’, Supertech is developing affordable housing and township projects in Gurgaon and will be investing Rs. 5706 crores in the State. Under the terms of the agreement, Supertech will develop affordable housing and township projects, encouraged by the Government of India’s objective of ‘Housing for All by 2022’ which will further help improving the infrastructure of the State. The Scheme while ensuring fast development will benefit land owners, developers and buyers as well and would provide over 5000 employment opportunities in addition to huge revenue generation to the Government to execute welfare programmes in the State. “We are extremely happy to be a part of this development programme of the state of Haryana. The state has a lot of potential in terms of infrastructure and industrial development and has become a hub for affordable housing and infrastructural facility after the launch of Affordable Housing Scheme by the Govt. of Haryana. Following the vision of Govt. Of India of Housing For All by 2022, we are developing projects worth Rs. 5706 crores which will further boost the economy of the state resulting in overall development,” R.K. Arora, Chairman of Supertech Limited said.