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Beyond Cyber Hub: How global manufacturing is quietly reshaping the real estate map around Gurgaon

The Indian Express·Abhimanyu Hazarika·2 days ago
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For years, residential growth across the National Capital Region (NCR), especially around Gurgaon, has been overwhelmingly dominated by corporate offices, IT parks, and commercial business districts. Now, developers and industry experts say, a structural pivot is underway on the city’s fringes. Sustained industrial growth and global capital flowing into regions like Jhajjar and Manesar are now actively reshaping the NCR’s housing demand, pivoting the market from a purely corporate-driven model to a manufacturing-led one. Haryana currently hosts nearly 400 Japanese companies, cementing its position as one of the largest Japanese industrial bases in India. This manufacturing footprint across the automotive, engineering, and electronics sectors is being bolstered by fresh capital, including a proposed Rs 1,000 crore investment in Manesar by Japanese major Daikin Industries, announced earlier this year.…

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