PM Modi launches Smart Cities Mission, says government committed to safeguarding rights of consumers
"Private property developers should not decide how a city should grow; it should be decided by residents and city leadership," said Modi
Jun 25, 2015
Source : DNA
PM Modi launches Smart Cities Mission at Bigyan Bhawan New Delhi


Prime Minister Narendra Modi  on Thursday launched three mega flagship schemes aimed at transforming urban India, including the much talked about Smart Cities proposal, with a whopping Rs 4 lakh crore kitty having been lined up for the projects.


Modi also unveiled logo of the housing mission, which has his personal touch in the finalisation of its design.


Speaking at the event, Modi said, "The decision to make cities smart will be taken not by governments but by the people of the city, the local administration. Let there be competition between cities in development so that smart cities come up."


"Private property developers should not decide how a city should grow; it should be decided by residents and city leadership," said Modi


He further added, "Many people are wondering about what exactly Smart City is. But one does not need to think a lot. Smart city is a city that provides more than what a citizen expects. Before he wants it, we provide it."

Stating that this is the first time in India we are planning to develop 60 cities simultaneously, Modi aadded, "This is not just a paper based programme. Stake holders of all kinds have been consulted, including financial world. This Government is committed to safeguarding the rights of the consumers at all times."



#PM #NarendraModi Launches #SmartCities Mission at Bigyan Bhawan #DelhiSpeaking at the event, Modi said, "The decision...

Posted by on Thursday, June 25, 2015


Latest Realty News

Jun 24, 2015
NEW DELHI: The government, building owners and service providers need to invest more in smart building technologies to better serve India's rapidly urbanizing population and help create sustainable cities and infrastructure.
Jun 24, 2015
NEW DELHI: Unlocking of land for creating affordable housing, a fast-tracked approval process and financial empowerment of the low-income categories is essential for the success of Prime Minister Narendra Modi's favoured Housing for All scheme.
Jun 20, 2015
New Delhi : Prime Minister Narendra Modi will address elected heads of 500 civic bodies from across the country here on June 25, when he will launch the three flagship schemes for urban revamp, including smart cities and housing for all.
Jun 18, 2015
MUMBAI: The Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President.
Jun 18, 2015
Shares of housing finance companies were in the spotlight on Thursday, surging up to 5%, after the government gave its approval to the launch of 'Housing for All by 2022' scheme.
Jun 17, 2015
New Delhi: The union cabinet on Wednesday approved the launch of 'Housing for All by 2022' programme, aimed at rehabilitation of slum dwellers and promotion of affordable housing for the economically weaker sections (EWS) through credit-linked subsidy.
Jun 17, 2015
Mumbai, the financial capital of the country, held its position as the most expensive city in India and is ranked above Dallas, Frankfurt and Vancouver, according to a recent survey.
Jun 12, 2015
The proposed amendment to the Land Acquisition Act is crucial for creating two crore affordable houses in urban areas by 2022 under the government’s new ‘Housing for All’ mission, Union Minister for Housing & Urban Poverty Alleviation M Venkaiah Naidu said.
Jun 12, 2015
NDA government’s proposed ‘Housing For All’ mission will pave way for private developers to leverage public land in order to redevelop slums in-situ. The proposed policy of using land as a resource will signal a major shift from the UPA government’s state-funded slum rehabilitation scheme Rajiv Awas Yojana.
Jun 11, 2015
DUBAI: Properties by over 150 real estate developers from India will be presented at the Indian Property Show which will showcase over 17,000 potential investors in Dubai.

Latest Realty News Of State

Realty Talk's