Met City, also known as Model Economic Township, is a visionary smart city project being developed by Reliance in the Delhi NCR region. Spanning approximately 8,250 acres, this planned city is strategically located in the Jhajjar district of Haryana, with parts extending into the Gurugram district. Met City is positioned between Delhi, Gurugram, Manesar, and Jhajjar, making it a prime location for connectivity and development.
Connectivity and Infrastructure
Met City boasts excellent connectivity by road, rail, and air. It is situated about 45 minutes from Delhi’s IGI Airport, making it easily accessible for both residents and businesses. The KMP Expressway runs through Met City, connecting it with Delhi’s Outer Ring Road. Additionally, Met City is linked to Gurugram and Jhajjar via State Highway 15A, and there is a nearby railway station at Farrukhnagar. The city also benefits from the Delhi-Mumbai Industrial Corridor, further enhancing its connectivity.
One of the upcoming projects that will significantly improve connectivity is the proposed metro line from Dwarka to Bahadurgarh. This metro line will start from the Convention Center in Dwarka, pass through Dwarka Expressway, and reach AIIMS, passing through Dhankot, Budhera, and Jhajroli. The Dwarka Expressway is also being upgraded to a six-lane road, which will connect to AIIMS, ensuring a steady improvement in connectivity.
Development and Property Rates
Met City is being developed over a large area, consisting of 11 sectors, primarily divided into industrial and residential zones. The industrial sectors include Sectors 3, 4, 5, 7, 10, and 11, with over 500 industries already operating in the city. Industrial land prices range from ₹25,000 to ₹40,000 per square yard, with plot sizes varying from 750 square meters to 24 acres.
Residential plots in Met City range from 110 to 180 square yards, with prices starting at around ₹70,000 per square yard and going up to ₹80,000 per square yard . Sector 8 has seen significant residential development, with many houses already built. Additionally, there are limited and high-demand SCO (Shop-cum-Office) plots available, priced at about ₹1 lakh per square yard .
Facilities and Future Prospects
Met City is a fully planned city with essential facilities such as security, water supply, treatment plants, and fire stations already in place . The city is also home to several schools, colleges, universities, and hospitals, ensuring that residents have access to all necessary amenities . However, there are still some connectivity issues, such as the lack of a direct connection to the KMP Expressway and the need for road improvements .
Investment Opportunities
Met City presents a promising investment opportunity, especially with the rising property prices in Gurugram. The government’s decision to shut down Deen Dayal plots in Gurugram has further increased the attractiveness of Met City as an investment destination . Additionally, the nearby area of Badsa, situated between Met City and Gurugram, offers promising investment opportunities with the upcoming metro extension . Badsa is located right next to the AIIMS area, making it a strategic location for future growth and development .
Investors can consider various options in Met City, including industrial plots, residential plots, and SCO plots. The industrial plots cater to large, medium, and small businesses, providing a diverse range of opportunities . Residential plots offer a chance to build homes in a well-planned city with all necessary amenities . SCO plots, though limited, are in high demand and offer excellent returns on investment .
In conclusion, Met City Jhajjar is a rapidly developing smart city with excellent connectivity, robust infrastructure, and promising investment prospects. As the city continues to grow and develop, it is poised to become a significant hub in the Delhi NCR region.
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