The housing and urban affairs ministry will review the smart city tag for New Town Kolkata, union minister Hardeep Singh Puri has said, amid reports that the city’s authorities have not implemented any project … READ FULL STORY
The standing committee on urban development, in its report on demand for grants for 2018-19 tabled in the parliament on March 9, 2018, said it was concerned to find that the actual utilisation of … READ FULL STORY
Home prices in small cities and towns are likely to see a gradual rise, on increased infrastructure activities and real estate developers focusing on affordable housing. Price growth will be higher and faster in … READ FULL STORY
With maximum increase in allocation to the Smart Cities Mission, the Housing and Urban Affairs (HUA) ministry’s budgetary provisions have been pegged at over Rs 41,765 crores for the next fiscal, a hike of … READ FULL STORY
Real estate development can be stable in the long term, only if it is complemented with consistent growth of skills and infrastructure development. Skill development ensures that real estate can adapt to changing times … READ FULL STORY
The Karnataka cabinet, on December 12, 2017, approved a 29.62-km-long metro project that will connect Nagavara and Kempegowda International Airport, with seven stations on the route. The time frame for completing the project worth … READ FULL STORY
Urban development minister, M Venkaiah Naidu on February 7, 2017, said that the government’s ‘Smart Cities’ mission, has brought about a paradigm shift, wherein cities approach the challenges differently, rather than doing different things. … READ FULL STORY
Post demonetisation, the real estate industry expects the government to initiate measures that boost ‘consumption’, during the upcoming budget. The challenge for the government, is to grow the economy while maintaining fiscal prudence. A … READ FULL STORY
Urbanisation in India, is increasing at a rapid pace. It is estimated that by 2030, over 40% of Indians will live in cities, accounting for a population of 600 million people. Consequently, it is … READ FULL STORY
A special purpose vehicle (SPV) will be set up soon by the government, to facilitate Thane’s transition into a smart city, stated Thane’s municipal commissioner, Sanjeev Jaiswal. Thane was in the list of cities … READ FULL STORY
The government recently announced two lists of 20 and 13 cities that have been selected for its ‘Smart Cities Mission’, out of the 98 that were shortlisted. While it is hoped that these smart cities … READ FULL STORY
When the government of India announced the relaxation in foreign direct investment (FDI) norms, it seems to have done so, with a long-term blueprint in mind. FDI is likely to be crucial to the … READ FULL STORY
