Godrej DMIC, Greater Noida — Project Description
Ask most Delhi-NCR residents what they think is driving property prices up in Gurgaon and the most common answer would be the airport. You may also get a couple of dissenting views. But ask someone who has been tracking land prices in this region over the years and they are likely to point to the Delhi-Mumbai Industrial Corridor, which has more potential to generate value than the airport. It is easy to overlook given that it is not as prominent a project as the airport, but the Delhi-Mumbai Industrial Corridor has played an even bigger role in making Gurgaon a sustainable growth story, not a one-off event. What DMIC actually is, in plain terms DMIC stands for one of the largest infrastructure and industrial development projects undertaken by the Indian government. It is a freight and industrial corridor connecting Delhi to Mumbai with the aim of developing a set of planned industrial cities along the corridor rather than unplanned urbanization. The territory of Greater Noida taking pa...