Smart Cities: Venkaiah Eyes States
Many countries have shown interest in developing Smart Cities in India. The likes are of Japan, Singapore, Sweden, Australia, Germany and the US
Sep 13, 2014
Source : The New Indian Express
M Venkaiah Naidu, Union Urban Development Minister


NEW DELHI: In a bid to expedite the process of identifying 100 smart cities and then developing it, Union Urban Development Minister M Venkaiah Naidu on Friday said the state governments have to take the lead, with the Centre playing only a supporting role.

“It is a new concept and very attractive, but not that easy to implement. We have to get the states on board,” said Naidu, adding, smart leadership and smart people are essential pre-requisites for making the cities smart.

He said after the draft Concept Note on Smart Cities is made public, it would be revisited  on the basis of suggestions, views of the states and UTs.

He made it clear that the states which are willing to take smart and hard decisions alone will make the grade for the ambitious project.

He also said that many countries have shown interest in developing Smart Cities in India. “We have queries from Japan, Singapore, Sweden, Australia, Germany and the US. Lots of countries are showing interest in Smart Cities,” he told the conclave attended by the state ministers and representatives from the Union Territories.

The Smart Cities’ project is a long-term plan and expecting results overnight will be immature, Venkaiah said.


Latest Realty News

Arunachal Seeks Three Smart Cities in the State
Sep 13, 2014
Arunachal Pradesh has requested the Union Urban Development Minister M Venkaiah Naidu to set up three smart cities in the state
State tables demand for 20 smart cities
Sep 13, 2014
Bihar today urged the Centre to include its 20 towns in Prime Minister Narendra Modi’s flagship scheme of developing 100 smart cities
NRI investments in realty sector may rise 35% this yr: Survey
Sep 13, 2014
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs, with Bangalore turning out to be the hot favourite, says an Assocham survey
Unitech flat buyers in Noida protest against delays
Sep 13, 2014
Protests over delays in completion of real estate projects today reached doorstep of government ministers, including Prakash Javadekar, when some aggrieved buyers used an industry conference to air their grievances
Luxury hotels like Leela, Hyatt, others bolster growth with mixed-use projects
Sep 13, 2014
While the hospitality industry is abuzz with growth of mid-market brands, luxury brands like the Leela, Four Seasons, Hyatt and Ritz Carlton are furthering their growth by stitching mixed-use development deals with builder
LIC Housing Fin to focus on mortgages
Sep 13, 2014
LIC Housing Finance Ltd, promoted by the Life Insurance Corporation of India, is targeting to reduce its borrowings from the banks and focus more loan against properties (LAP)
Nod for insurers to buy infra bonds
Sep 13, 2014
Insurance Regulatory and Development Authority (Irda) has allowed insurers to invest in Long Term Bonds for financing infrastructure and affordable housing issued by banks
NGT stays change of land use in Mangar
Sep 12, 2014
The National Green Tribunal has issued a stay order on three real estate companies' attempts to change the land use pattern in parts of Mangar Bani, a sacred grove off the Gurgaon-Faridabad highway
Govt to amend rules, allow property tax refund claims
Sep 12, 2014
The state government has decided to amend its property tax policy, which is good news for taxpayers who have paid in excess if one takes into account recent policy changes
Slump in sale of DDA forms due to Shraadh
Sep 12, 2014
The initial crunch and rush for application forms for the Delhi Development Authority Housing Scheme-2014 has eased a bit

Latest Realty News Of State

Realty Talk's