LML Realty Industrial Park to Offer PADMA Scheme Benefits to MSMEs

LML Realty’s Industrial Park gets Haryana PADMA Scheme approval, offering MSMEs and startups strong financial incentives, connectivity, and growth opportunities.

author-image
SMEStreet Edit Desk
New Update
LML Realty Industrial Park
Listen to this article
0.75x1x1.5x
00:00/ 00:00

LML Realty has announced its accreditation from the Haryana Government under the PADMA Scheme for its upcoming Industrial Park, a dedicated hub for MSMEs and startups aligned with the Make in India initiative. Under this scheme, the project is set to offer a comprehensive range of incentives and benefits to entrepreneurs and enterprises, making it one of the most credible and affordable industrial developments in the region. The introduction of affordable industrial plots with strong incentives paves the way for new avenues of growth for businesses.

Strategically located on NH-248 (Sohna–Alwar Highway) with direct connectivity to the Delhi–Mumbai Expressway, Gurugram, Faridabad, and IGI Airport, the park is designed to empower enterprises with world-class infrastructure, seamless connectivity, and extensive financial advantages.

 The Industrial Park offers 500 sq. yard plots starting at ₹75 lakh, providing MSMEs and startups an accessible entry point into a high-potential industrial ecosystem. With PADMA Scheme approval, qualifying units can avail financial and innovation support of over ₹2 crore per enterprise, including:

  • Capital subsidy: Up to ₹30 lakh per unit

  • Interest subsidy: 5–7% on term loans

  • Collateral-free funding: Up to ₹10 crore

  • Stamp duty refund: 75%

  • Electricity duty exemption: 100% for 12 years

  • SGST exemption: 75% for the first seven years

  • Additional support: Branding, R&D, certification, and patent assistance worth over ₹1 crore

A Curated Hub for MSMEs and Startups
The park has been designed as a sector-neutral cluster to accelerate enterprise growth, featuring plug-and-play units, exhibition and display spaces, and on-site R&D support. It provides a holistic ecosystem that goes beyond physical infrastructure, combining financial incentives, innovation platforms, and robust business support.

Commenting on the approval, Dr. Yogesh Bhatia, MD & CEO of LML Realty, said:
"India’s MSME sector is poised for transformative growth, and PADMA Scheme accreditation for our Industrial Park reinforces our commitment to the Make in India vision. This initiative offers an unmatched combination of infrastructure, connectivity, and financial support to help MSMEs scale efficiently and compete globally."

LML Realty’s Industrial Park is positioned as a catalyst for MSME-led industrial growth in Haryana, providing startups and established enterprises with a platform to innovate, expand, and contribute to India’s manufacturing ambitions.

MSMEs LML Realty