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Reliance MET City records 60% growth in 2023-24, attracting over 540 companies

Situated in Jhajjar district, Haryana, Reliance MET City stands out as a remarkable urban development project. Led by Reliance Industries Limited (RIL), it represents India's growing ability to create futuristic urban centers, particularly in North India.
The growth of MET City has been remarkable. With over 540 companies from various sectors, including engineering, electronics, auto components, and FMCG, setting up operations here, the past financial year saw a remarkable surge in total plot bookings, reaching INR 1913 crore. This rise is largely driven by the booming industrial segment, with bookings increasing by 93% to INR 896 crore, and residential plots witnessing a 70% rise in bookings valued at INR 1004 crore. Alongside this surge in demand, both industrial and residential plot prices have also seen a significant increase compared to the previous year.
MET City aims to create a well-rounded, integrated community to cater to its diverse workforce, expected to exceed 40,000 people. The project includes essential amenities such as a hospital and a school to attract families and create a sense of permanence. Additionally, it fosters a vibrant social environment with green spaces, recreational areas, and a "walk-to-work" advantage, promoting work-life balance and a healthy lifestyle.
Sustainability is a core principle of MET City, evident in its prestigious IGBC Platinum rating. This commitment translates into energy-efficient buildings, responsible water management systems, and a focus on renewable energy sources. Moreover, the project's innovative waste management strategies and efforts to create green spaces within the city limits further demonstrate its dedication to environmental sustainability.
MET City actively invests in the local community through collaborations with Reliance Foundation. Skill training programs and health camps are organised to enhance employability and ensure the well-being of residents. These initiatives not only benefit the local population but also create a skilled workforce within the city.
More than just a collection of buildings and businesses, MET City has a vision for the future. Its focus on infrastructure, sustainability, and community development positions it as a frontrunner in shaping North India's economic landscape. With the presence of leading national and international corporations, MET City has the potential to become a global hub for innovation and growth, generating significant employment opportunities and economic activity in the surrounding regions.
The success of MET City lies in its ability to balance business growth, sustainable development, and community well-being. As the project continues to evolve, its ability to attract more companies and residents will be closely observed, contributing to creating a world-class smart city in North India. The future of MET City looks promising, and its journey will be closely followed as it continues to redefine urban development in India and beyond.

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