The key to urban
development process is through rapid urbanization of a region. A neatly planned
draft with inclusion of adequate land area for greenery is a major hurdle in
the developmental process. A lot of slum re-settlement issues need to be taken
care of and compensation to farmers is another hurdle needed to be crossed
towards achieving developmental goals.
Planning of a
modern and state-of-the-art urban centre therefore is of immense importance for
defining the quality of life in a society. Greater Noida went ahead to be
developed as Metro city providing for quality urban lifestyle, to attract
economic activities and population to decongest Delhi. The rapid rate at which
Delhi was expanding was bound to result in chaos, and therefore a plan to develop
residential and industrial areas beyond the capital region and to reduce the
demographic burden was formed into place. Prior to Greater Noida, there were
two other major corporate hubs that had been developed—Gurgaon, across the
border from Haryana, and Noida, across the border with Uttar Pradesh.
It is now
lucrative opportunity for WTC and its associates to capitalize on this emerging
market and maintain a full-fledged business growth towards revenue generation
and also to aid national economic growth.
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