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RPS Group says Faridabad's industrial growth needs planned land and utilities

Its managing director argues industrial real estate now depends on infrastructure, not just land, as Haryana expands its industrial townships.

RPS Group says Faridabad's industrial growth needs planned land and utilities

Key points

  • R.C. Gupta, Managing Director of RPS Group, says Faridabad's industrial growth depends on planned land, reliable utilities and connectivity, in a commentary dated 28 October 2026.
  • The commentary names no project, land parcel, deal or price, and cites no figures of its own.
  • Haryana has proposed expanding Industrial Model Townships, including Faridabad-Palwal to about 9,000 acres, and has created a ₹500 crore fund for upgrades in existing industrial areas.
  • RPS Infrastructure awarded a contract of more than ₹450 crore for Phase 3 of RPS 12th Avenue in Sector 27C on 25 October 2026.

R.C. Gupta, Managing Director of RPS Group, has said Faridabad's industrial growth will depend on planned land, reliable utilities and good connectivity, not only on the number of factories in the city. In a commentary dated 28 October 2026 and datelined New Delhi, he argued that the value of industrial real estate now rests on more than the availability of land.

What the commentary argues

Gupta said Faridabad's location and its links to industrial and commercial centres across the NCR give the city a strong base for future growth. He said infrastructure could help attract more industrial investment, but only if growth is backed by well-planned industrial spaces, dependable power and water, and infrastructure suited to manufacturers.

Businesses need suitable plot layouts, road access, logistics facilities and room to expand their plants, he said. The commentary also says a more organised approach to industrial development can help Faridabad build on its strengths, and that the effect of Haryana's initiatives depends on how they are implemented and on the infrastructure that supports them.

The city is served by National Highway 44 and the Delhi-Mumbai Expressway, and the metro connects it to Delhi. The proposed Faridabad-Noida-Ghaziabad Expressway is expected to improve links further. The commentary does not give dates for that road or for the Greenfield Expressway, and the sources reviewed do not give completion dates for either.

Haryana's industrial townships

The commentary comes as the state pushes its Industrial Model Township programme. Haryana's Chief Minister Nayab Singh Saini chaired a review meeting at the Haryana Civil Secretariat in September 2026, where the Industries Commissioner said the IMT model has given fresh momentum to industrial development in the state.

The state's housing and industrial agency, HSIIDC, has developed six townships. They are Manesar (about 4,000 acres), Bawal (3,300 acres), Rohtak (3,600 acres), Sohna (1,500 acres), Faridabad (1,800 acres) and Kharkhoda (over 3,200 acres).

On 28 September 2026, the state proposed expansions: Faridabad-Palwal to about 9,000 acres, Kharkhoda to about 5,800 acres, Kosli to about 5,000 acres, Bawal to about 2,000 acres and Sohna to about 1,500 acres. The Faridabad-Palwal township is planned across nine villages along the Greenfield Expressway, with 12 HSVP sectors across another 4,500 acres.

A ₹500 crore enabling fund has been set up for infrastructure upgrades in existing industrial areas. The proposed IMTs would combine industrial plots with warehouses, ready-to-use factory buildings, utilities and worker facilities. Dr Amit Kumar Agrawal, Commissioner and Secretary of Industries and Commerce, said the IMTs are being built as modern, self-sufficient industrial areas, not only as land parcels.

Some mid-sized textile units that cannot fit into Faridabad's crowded industrial areas are looking at the Faridabad-Palwal corridor, partly because land costs have risen in Faridabad.

What it means for buyers and the market

For homebuyers, the commentary offers nothing specific. It names no residential project, price or launch. For investors, it attaches no deal or return figure. The sources reviewed do not quantify the local market effect of the proposed township expansions.

RPS Group's own recent activity is in a different segment. On 25 October 2026, RPS Infrastructure awarded KBE-Krishna Buildestates a contract of more than ₹450 crore for Phase 3 of RPS 12th Avenue, a 34-acre scheme on Main Mathura Road in Sector 27C. The developer has not disclosed the number of apartments, the mall's leasable area or a completion date for Phase 3. In mid-October 2026, the group also announced a senior-living partnership with SeasonTwo Living, which is at MoU stage.

For industrial occupiers, the practical signal is the Faridabad-Palwal corridor and the upgrade fund for existing areas. For residential buyers in Faridabad, nothing in the commentary changes the picture.

What happens next

RPS Group has not announced any next step, date or commitment on industrial land in Faridabad. Haryana's ten-township programme had five townships approved as of May 2026. The dates for the rest have not been reported. The next thing to watch is the state's approval of the proposed expansions, including the Faridabad-Palwal township, and any timeline for the roads that serve it.

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Rekha Dwivedi
Delhi-NCR

Rekha Dwivedi reports on housing across Delhi, Gurugram, Noida, Greater Noida and Ghaziabad — launches, approvals, prices and the roads and metro lines that move local markets.

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