Only 20 smart cities may be shortlisted this year
The proposed 100 smart cities are likely to be selected in three phases
Mar 24, 2015
Source : Business Standard


New Delhi: The proposed 100 smart cities are likely to be selected in three phases — 20 this year and 40 each in subsequent years, according to Karuna Gopal, president of (FFC).

The Foundation is developing a protocol for Indian cities in collaboration with government and corporate entities. Gopal was speaking here on Monday at a round-table, reiterating a pact between India and the Netherlands government.

A business delegation from Netherlands, led by Mayor of Amsterdam Eberhard van der Laan, is in India for a week to discuss investment opportunities, as well as the smart city project.

The Amsterdam mayor said, “We would want to help Prime Minister Narendra Modi’s ambitious project.’’

Even as the government is still tweaking the public-private partnership (PPP) funding model for smart cities and working on the concession agreements, international interest in the venture has been phenomenal. Foreign delegations are routinely showing their keenness to be a part of the smart city project, said Gopal.

The visiting officials from the Netherlands pointed that an MoU was signed between the Dutch ministry of infrastructure and environment and India’s urban development ministry in 2013, and the two sides would now like to build on the same for the smart city project. The US, Japan, China, Germany, Spain, France and Singapore are among the countries interested in collaborating with India on the project.

The 100 smart cities are likely to be a combination of greenfield development, redevelopment and retrofit projects. Also, the smart cities may be linked to other key projects of the National Democratic Alliance (NDA) government such as Digital India and Swachh Bharat, officials said.

For smart cities, the core areas will include municipal reforms, e-governance, zero emission, connectivity and mobility.

Last July, in its first Budget, the NDA government announced that 100 smart cities would be developed, and allocated over Rs 7,000 crore for the project, which is still in the planning stage.

Latest Realty News

Mar 24, 2015
Gurgaon: The need for creation of 'Haryana Urban Geo-Spatial Applications Limited' (HUGSA), for preparedness in urban e-governance and development of smart cities
Mar 24, 2015
PATNA: Opposition BJP made a scathing attack at the Nitish Kumar government for failing to provide land to about 20,000 landless Mahadalits
Mar 24, 2015
HYDERABAD: At a time when the state government is eyeing prime government land as a revenue-generating resource, it has been revealed that lakhs of land records are missing!
Mar 24, 2015
NEW DELHI: Over 150 flats in Commonwealth Games Village are ready to go under the hammer
Mar 24, 2015
Mumbai: The Mumbai-based real estate developer has launched Godrej Infinity, its township project, in Keshavnagar, Pune
Mar 24, 2015
CUTTACK: The Cuttack district administration has decided to launch online land mutation in four tehsils from April 1
Mar 24, 2015
Hyderabad: Union minister for urban development and Parliamentary affairs, M Venkaiah Naidu said, the Centre would reissue the ordinance pertaining to the land acquisition Bill if it lapses next month
Mar 24, 2015
Kochi: The first IT building of Smart City Kochi (SCK) Phase-I will be inaugurated in June this year
Mar 24, 2015
Mumbai: Battling a slowdown, builders are now using the online platform to woo homebuyers
Mar 23, 2015
New Delhi: Prime Minister Narendra Modi Govt's land acquisition Bill is a move to benefit industrialists, Congress has alleged

Latest Realty News Of State

Realty Talk's