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There are times when one wonders why is it that certain projects come up in some specific areas only and are not suitable for other locations. This is especially true of the industrial projects which are located at certain specific positions. The same is also true of the residential, commercial and institutional projects which come up at specific locations. But, why does that happen and what all factors decide the suitability of certain projects in a region. We examine this from the standpoint of industrial and residential projects such as Ferrous heights faridabad. While speaking of mega investment industrial projects, the two main factors which decide the geographical location are the nature, number and location of raw materials and the proximity to the markets. The location is decided on the basis of cost-benefit analysis using various permutations and combinations depending on weight-losing or weight gaining nature of raw materials vis-à-vis that of the finished products. The government policy plays a big role in the location of projects. Similarly, the location of residential projects is done in those areas which have vast scope of meeting the residential requirements of the people for a long time to come. The role of government policy is to encourage development of residential projects in the vicinity of the major cities so as to reduce the pressure on the resources of these cities and for maintaining a balance in the development of all regions. For this reason, it seeks to develop holistically the clusters of regions that are complete in all respects. Ferrous heights and the other projects coming up in the area are located in the Greater Faridabad area, lying between the old industrial city of Faridabad on one side and Greater Noida on the other. The close reach to Delhi and Gurgaon and the development of transportation networks to these cities gives this area location advantages. There is a regular influx of people from the adjoining states into the Delhi metropolis which has created huge pressure on the urban resources. Despite the city having an areal sprawl right up to the borders of its neighbouring states, the demand for housing and work related opportunities has always been high. This has resulted in pushing up the prices of the real-estate manifolds, beyond the reach of most of the people. The planned development of the nearby cities and the augmentation of the urbane facilities for living, commuting and working in the existing ones to make these more habitable for the people coming to Delhi were initiated on this rationale. Projects at Greater Faridabad such as Ferrous Heights fit into this rationale quite well. Development of express-ways, metro-rail links and broad road avenues provide the necessary interconnectivity among the cities lying close to this region. The gains will not just be for the people looking to reside in the economical apartments but also for the commercial establishments and official spaces which would be located here in spacious surroundings.
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