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Thread: Motor sports city near Gurgaon

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    Rusted Harmeet's Avatar
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    Default Motor sports city near Gurgaon

    Chandigarh: Haryana government has approved a plan to set up a motor sports city spread over an area of 1600-1700 acres in Mewat district, in the vicinity of Gurgaon.
    The Haryana Investment Promotion Board on Tuesday approved in principal the proposal of a private developer to develop Gurgaon Motor Sports City near Sohna, in district Mewat, with an investment of Rs 2000 crore. The project also envisages future investment of Rs 6000 crore.
    It was also decided that acquisition of land for the project will be done as per the states policy for special economic zones (SEZ) under which the developer will have to acquire 75% of the land.
    The project will have a race track and ancillary facilities like hotel, entertainment parks and golf course. The project is expected to generate direct employment for 7500 persons and indirect employment for one lakh persons. The project will also earn foreign exchange and boost the local economy through enhanced potential for tourism in the state.
    The board also agreed to allot 700 acre of land to Maruti Suzuki India Limited IMT Rohtak for setting up research and development (R&D) facilities, test course and for accommodation of its ancillaries. While 600 acres of land will be utilized for setting up R&D facilities and test course, the remaining 100 acres will be utilized for establishing automobile industries or its ancillary units.
    On request from the Union ministry of commerce and industry, the Haryana Investment Promotion Board also agreed to provide additional three acres to Footwear Design and Development Institute at IMT Rohtak apart from the 15 acre that has already been allotted to it.

    Source: Times of India.
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    Rusted ken cool's Avatar
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    Controversial News Item Approved Temporarily

    Could you please post the link that shows this news. Thanks.
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    The project will have a race track and ancillary facilities like hotel, entertainment parks and golf course. The project is expected to generate direct employment for 7500 persons and indirect employment for one lakh persons. The project will also earn foreign exchange and boost the local economy through enhanced potential for tourism in the state.
    I say they should just Save money, and avoid the hotels, parks and stuff, and just construct a MotoGP and F1 level Racetrack.

    After all, its now or never. Who knows tomorrow such a project might be sanctioned or not?

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    This are the links, Any Moderator kindly edit my post and add this to the top:-->

    Motor sports city near Gurgaon - Delhi - City - NEWS - The Times of India

    Motor sports city near Gurgaon, Latest Gurgaon News Update

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    Rusted ken cool's Avatar
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    Quote Originally Posted by Samarth 619 View Post
    I say they should just Save money, and avoid the hotels, parks and stuff, and just construct a MotoGP and F1 level Racetrack.

    After all, its now or never. Who knows tomorrow such a project might be sanctioned or not?
    The hotels and the "stuff" are the real investments which will have ROI. The Tracks won't! You do not "Save" money by not building the hotels. You lose money by NOT building them!
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    Quote Originally Posted by Samarth 619 View Post
    I say they should just Save money, and avoid the hotels, parks and stuff, and just construct a MotoGP and F1 level Racetrack.

    After all, its now or never. Who knows tomorrow such a project might be sanctioned or not?

    --
    This are the links, Any Moderator kindly edit my post and add this to the top:-->

    Motor sports city near Gurgaon - Delhi - City - NEWS - The Times of India

    Motor sports city near Gurgaon, Latest Gurgaon News Update
    Thanks for the link Samarth, that gives the answer to the second post!!

    We all are actualy looking forward for this project to be completed,There is an xBhp'ian that works in HUDA, he gave us this information some time earlier but we were waiting for the real piece of news in the Media...
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    i hope this project becomes a reality soon, would love to have track days & does anybody know what is the progress/status of the track that was suppose to come up in greater noida area?
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    Quote Originally Posted by Raoul Black View Post
    i hope this project becomes a reality soon, would love to have track days & does anybody know what is the progress/status of the track that was suppose to come up in greater noida area?
    Was there any..?? I also heard the rumuors..

    But, Raoul: For the time being let us keep it to the topic... otherwise we might be attracting a Lock on the thread or may be an Infraction (You never know! )
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    Aye, Aye Captain! ooh Uncle
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    Moderator Samarth 619's Avatar
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    Quote Originally Posted by ken cool View Post
    The hotels and the "stuff" are the real investments which will have ROI. The Tracks won't! You do not "Save" money by not building the hotels. You lose money by NOT building them!
    Yes, I agree on the hotels as sources for ROI. And they better be there, no doubt.

    I feel that such projects are as rare as Halley's Comet. Once in xx years! My point was that if the track is not world class this time, it might take 20-30 more years for MotoGP to finally appear here..

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    Hmm interesting. I was born yesterday and I think this track will be up and running in this decade only
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