LML Realty Announces First Industrial Park in Haryana With ₹150 Cr Investment Under PADMA Scheme

New Delhi, August 20, 2025: LML Realty, the real estate arm of the iconic LML brand, has launched its first industrial park project in Firozpur Jhirka, Haryana, with a planned investment of INR 150 crore.

The project has been officially approved under the Haryana government’s flagship PADMA Scheme (Promoting Access and Development of MSME Advancement). With direct state investment and robust policy support, this landmark initiative aims to boost MSME competitiveness, attract large-scale manufacturing investment and create a government-backed ecosystem for rapid industrial growth.

Spread over 35 acres and located just 15 minutes from the Delhi-Mumbai Expressway, the LML Industrial Park will offer ready-to-move plug-and-play units, a dedicated exhibition and display centre, on-site R&D and testing facilities and world-class infrastructure.

Key features include 18-metre RCC roads, stormwater drainage, DI water pipelines, STP + ETP integration, LED lighting, rainwater harvesting and 24/7 gated security.

The PADMA Scheme will offer a comprehensive package of incentives for MSMEs setting up in the park, including up to INR 2 crore in benefits per unit, 75 per cent SGST refunds for the first seven years, up to INR 30 lakh in capital subsidy, 100 per cent electricity duty exemption for 12 years, and branding, technology and R&D assistance of up to INR 50 lakh.

Strategically located with direct access via NH-248 (Sohna–Alwar Highway) and close proximity to Gurugram, Faridabad, IGI Airport, Jewar Airport and the upcoming railway station, the park provides unmatched connectivity for manufacturing and logistics operations.

“The Haryana government’s direct investment and policy support through the PADMA Scheme make this more than just an industrial park; it’s a government-backed ecosystem designed for fast growth and high compliance,” said Yogesh Bhatia, MD and CEO, LML Realty.

“Our vision with LML Realty is to enable MSMEs to scale quickly with plug-and-play infrastructure, transparent processes and the strategic advantages of being part of a state-priority project. This is not just about real estate; it’s about building the foundation for India’s next wave of manufacturing leadership.”

The Firozpur Jhirka project marks the beginning of LML Realty’s broader expansion into Haryana, Punjab, Uttar Pradesh and Rajasthan with a focus on creating sustainable, investor-friendly industrial ecosystems in line with the Make in India and Atmanirbhar Bharat initiatives.