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Viridian RED Receives Licenses for Its Plotted Developments in Faridabad

Viridian RED Receives Licenses for Its Plotted Developments in Faridabad

BY Realty+
Published - Friday, 09 Dec, 2022
Viridian RED Receives Licenses for Its Plotted Developments in Faridabad

After making its presence felt at the Invest Haryana Roadshow in Dubai under the Chairmanship of the Chief Minister of Haryana, Shri Manohar Lal Khattar, Viridian RED, the second largest License holder of WTCs globally, is looking forward to taking the next step in aligning its vision with the Government of Haryana to help amp up trade and investment opportunities in the region. RED is leveraging WTCs’ global network to promote business opportunities in Haryana, especially in Faridabad, to attract domestic as well as international investors.

The group has recently received licenses for its plotted developments in Faridabad's Sector 111 to Sector 114, this will give momentum to ongoing joint initiatives like Growth District Faridabad, which is primarily focused to bring investment and job opportunities in areas within and around IMT Faridabad. 

These plotted developments are under DDJAY (Deen Dayal Awas Yojana), which an initiative is taken by the Haryana Government to develop high-density plotted colonies. Sector 111 to Sector 114 in Faridabad is ideally located near five expressways and will fall on the main route connecting Noida Greenfield International Airport to Delhi. 

Neena Roy, Senior Vice President - Customer Engagement and Distribution at Viridian RED, said, "We are committed to working closely with the government to align our efforts to promote major infrastructure projects and drive new investment opportunities in Faridabad. World Trade Centers have a demonstrated history of promoting their respective locations as top destinations for businesses and investors; we are working on establishing a similar plan for Faridabad."

Invest Haryana Roadshow in Dubai, where WTC presented Haryana as an outstanding investment destination, received a roaring response from the business community. Taking the overwhelming response as inspiration, the group is now focused on making significant strides towards bringing Growth District Faridabad to the forefront of the world. In the past, WTC has successfully delivered PPP arrangements with the UP government through the Mobile Open Exchange (MoX) and is confident of repeating their success story in Haryana as well.

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