HUDA sets the path of development in real estate

HUDA Sets the Path of Development in Real Estate
HUDA  Haryana Urban Development Authority was formed under the Haryana
Urban Development Authority Act 1977 with an aim to carry out planned and
coordinated development of the urban areas and district in Haryana. For
administrative convenience and viability, HUDA zones include Panchkula, Hisar,
Faridabad, Gurgaon, Rohtak, Karnal and Rewari.
One of the important reasons for the success of HUDA is its administrative
efficiency and set-up that highlights and aims speedy implementation of the various
Housing schemes. The constructive efforts of HUDA have transformed towns like
Gurgaon, Sonipat into the most desired destinations for housing companies in
Haryana to undertake Real Estate Developments. Similarly, Real Estates and
Property market in Haryana has witnessed some of the skyrocketing transactions
when HUDA Auction takes place as many commercial giants from the hospitality
industry have characteristically shown great interest in HUDA plots. In fact, HUDA
Gurgaon recently undertook HUDA Auctions of commercial plots that were
purchased for a whooping sum for Hotel Development.
HUDA has 28 townships in Haryana. The main functions of the Authority are to
promote and secure development of urban areas by acquiring undeveloped land. It
develops and disposes off land for residential, industrial, institutional and
commercial purposes. It develops world-class physical infrastructure for its
township like roads & bridges, water supply and sewage systems, storm water
drainage systems and horticulture works. HUDA has also been providing the basic
infrastructure facilities for health care, education, recreation, environment, industry
and community development. The Authority also undertakes development in the
National Capital Region thereby ensuring proper coordination with the Central and
other State Governments.
Haryana Urban Development Authority is developing a new website which is also
having facilities like HUDA’s major initiative, events, gallery, objective and mission,
various departments of HUDA like Architecture, Planning and monitoring,
Engineering, Establishment, Town Planning, Urban development, legal Department,
IT Department, Finance Department, and Enforcement Department etc. Public
Notices, Tender Notices and Departmental Notices etc.
Today, Haryana being one of the favored destinations for Real Estate Developments,
there are many Non-Resident Indians investing in Plots in HUDA Panchkula and
HUDA Faridabad. And likewise, government is also planning to establish more
development authorities like HUDA for other property in India.
For more information, please log on to www.keyaunty.com

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