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LML Realty's upcoming Industrial Park in Haryana has received approval under the PADMA Scheme, positioning it as a major growth hub for MSMEs and startups aligned with the Make in India initiative. The park, strategically located with direct connectivity to key industrial corridors and IGI Airport, will provide plots starting at INR 75 lakh. With financial incentives exceeding INR 2 crore per unit including subsidies, tax exemptions, and collateral-free funding enterprises gain significant support. The project also features sector-neutral clusters, plug-and-play units, R&D facilities, and innovation assistance, fostering a comprehensive ecosystem for industrial growth.
LML Realty has secured accreditation from the Haryana Government under the PADMA Scheme for its upcoming Industrial Park, creating a dedicated space for MSMEs and startups in line with the Make in India mission. The scheme enables businesses in the park to access extensive incentives, establishing it as one of the most credible and affordable industrial developments in the region. By offering well-structured industrial plots combined with strong financial support, the project opens new avenues for enterprise growth. Advertisement
The Industrial Park is strategically situated on NH-248 (Sohna-Alwar Highway), ensuring direct connectivity to the Delhi-Mumbai Expressway, Gurugram, Faridabad, and IGI Airport. This location offers businesses world-class infrastructure and seamless logistics, enabling them to operate efficiently and expand quickly.
Plot sizes start at 500 sq. yards, with prices beginning at INR 75 lakh, making entry into the industrial ecosystem accessible for startups and MSMEs. With PADMA Scheme approval, qualifying enterprises can receive financial and innovation support exceeding INR 2 crore per unit. Each unit can benefit from a capital subsidy of up to INR 30 lakh, which helps reduce initial investment costs. Additionally, businesses can avail of an interest subsidy ranging from 5-7% on term loans, easing the burden of financing.
Enterprises in the park can also access collateral-free funding of up to INR 10 crore, providing significant working capital support without the need for asset-backed security. They are eligible for a stamp duty refund of 75%, lowering legal and registration costs. Electricity duty is completely exempted for 12 years, ensuring lower operating expenses, while 75% of SGST is exempted for the first seven years, providing substantial tax relief. On top of these financial incentives, the PADMA Scheme also offers additional support worth over INR 1 crore for branding, R&D, certifications, and patent assistance, encouraging innovation and global competitiveness.
Designed as a sector-neutral hub, the park aims to accelerate enterprise growth by offering plug-and-play units, exhibition and display spaces, and on-site R&D facilities. It goes beyond just physical infrastructure by combining financial incentives with innovation support and business facilitation, creating a comprehensive ecosystem for enterprises to thrive.
Dr. Yogesh Bhatia, MD & CEO of LML Realty, stated that PADMA Scheme accreditation underscores the company's commitment to supporting MSMEs and contributing to India's manufacturing ambitions. He highlighted that the initiative delivers a rare combination of connectivity, infrastructure, and financial benefits, helping enterprises scale and compete on a global level.
LML Realty's Industrial Park is set to act as a catalyst for MSME-led industrial development in Haryana, enabling both startups and established companies to innovate, expand, and strengthen India's industrial base. The park represents a forward-looking model for industrial growth, blending practical infrastructure with strategic incentives to support enterprise success.
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