Amaravati Smart City

Apr 25,2019 / By Supriya Mogarala / No Comment

Amaravati Smart City:

Since smart city mission is one of the biggest targets of the digital age in India led by Prime Minister Narendra Modi has launched the smart city mission on June 15, 2015, which can be described as the strength to blend various technological solutions in the safest way possible to control the city services and wealth. Smart city ambition will raise the standards of infrastructural development around India. The consolidation of technology mated with physical infrastructure and services can simplify the lives of residents and that’s how smart city missions are expected to create a drastic change in the Real Estate sector around India. Due to the smart city mission, the demand for the surrounding areas has also been increased. For example, if we consider Amaravati, cities like Vijayawada, Hyderabad will increase its demand In Real Estate Sector.

Smart city mission is expected to in turn the infrastructure of India by attracting the establishment of several MNC’s that will generate the employment opportunities that result in high residential demand. The smart city mission will also provide multiple affordable housing opportunities for low-income groups and economically weaker sections. Such factors will increase the opportunity to the developers to establish new projects in the upcoming smart cities because the mission will allow an attractive investment opportunity with a range for price appreciation and high return on investment.

Amaravati is one of the latest India’s smart cities which is the capital of the Indian state, Andhra Pradesh. It covers an area of 217.23 sq. km., within Andhra Pradesh capital area and placed on the southern banks of the river Krishna in Guntur, Krishna districts. Its smart city framework will include tissue optic connectivity and smart architecture. Amaravati smart city consists of many new ideas that are significant for a large city including modern waste collections and managing the ecological balance within the green spaces. This capital city could be the test model for India’s infrastructural development.

Some of the conspicuous features that are exacted to be in Amaravati smart city are:

1. Endorsing mixed land use in area-based developments and ensuring sustainability all over the city

2. Expanding housing possibilities for all

3. promoting walkable localities by conserving and beautifying open spaces and growing a vibrant economy

4. Giving an identification to the city based on its basic economic activities such as health, culture, education, etc.

5. Practicing smart solutions to infrastructure

Till date, Amaravati had completed its interim secretariat building in a 49-acre area that signifies the temporary assembly. According to the timeline of this smart city project, Andhra Pradesh’s capital will be functional only by 2024 that will be the end of its second phase, where most of the industrial establishments will display operational and the third and final phase is expected to complete by 2029.

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Shillong: The 100th Smart City

Jul 3,2018 / By Priyanka / No Comment

Earlier in January, the Ministry had come out with a list of nine smart cities making the total number of 99 Smart Cities. And recently, The Ministry of Housing and Urban Affairs has selected Shillong as the 100th city to receive funding under the Centre’s flagship Smart Cities Mission after evaluation of the proposal submitted by it.

Last year, June 23 Narendra Modi government had released the third list of 30 smart cities, taking the total number to 90 under the Smart City Mission. The third list was topped by Thiruvananthapuram. Other cities that featured the list included Naya Raipur, Srinagar, Jammu, Pimpri Chinchwad, Karimnagar and Dehradun to name a few.

The Smart City Mission is measured as one of the most determined projects of the Modi government. Launched in 2015, the project has entered into execution stage where 100 cities will be provided Central funds to develop infrastructure and become smart.

How smart cities work in India?
In 2015, the smart city scheme was launched by the Central government, where states have to nominate cities and compete with others to get funding. 99 cities have been selected to be upgraded as part of the Smart Cities Mission after they defeated other cities in the challenge.

1st Round winners – Selection of 20 Smart Cities
2nd Round winners – Selection of 13 Smart Cities
3rd round winners – Selection of 27 Smart Cities
4th round winners – Selection of 30 Smart Cities
5th round winners – Selection of 9 Smart Cities

A special purpose vehicle has been formed to lead the mission in the cities selected.

So, what would smart cities of future do? According to the ministry, they would:
• Provide a new identity for the city.
• Deliver equal housing opportunities for all.
• Encourage mixed land use in area-based developments.
• Preserving and developing open spaces.
• Encouraging a variety of transport options.
• Make governance citizen-friendly, cost-effective and technologically advanced.
• Create walkable localities and reduce jamming, air pollution, and resource depletion, apart from improving the local economy.
• Applying smart solutions to infrastructure and services in area-based development to improve them

Bottomline: The Smart City initiative is not about the Union government providing extra resources for urban development. The scheme is about citizens planning and understanding smartness. This is the first time, a Ministry of Urban Development (MoUD) program has used a competition- based method as a means of selecting cities for funding, and used an area-based development strategy.

Buying property smart city mission Smart Residential Living

Nine Smart Cities Announced in the Fourth Round

Feb 5,2018 / By Priyanka / No Comment

Recently, the Ministry of Housing and Urban Affairs has publicized a new list of nine smart cities taking the total number to 99. Of the nine cities, 3 are from Uttar Pradesh, 1 from Bihar, 1 from Tamil Nadu, 1 from Daman & Diu, 1 from Arunachal Pradesh and 1 from Lakshadweep.

Below is the list of nine cities announced in the fourth round

Silvassa, Dadra, and Nagar Haveli
Erode, Tamil Nadu
Diu, Daman & Diu
Biharsharif, Bihar
Bareilly, Uttar Pradesh
Itanagar, Arunachal Pradesh
Moradabad, Uttar Pradesh
Saharanpur, Uttar Pradesh
Kavaratti, Lakshadweep

A senior official said Shillong will be the 100th Smart City provided it submit its proposal to the Centre in next three months. The official further added that the nine cities were selected from 15 cities that had submitted their proposals to the ministry.

Uttar Pradesh’s Ghaziabad, Rampur, Meerut and Rae Bareli were among cities that were unsuccessful to get the Smart City tag. But Silvasa topped the list of winners in this round.

These cities have proposed to take up the various project, including “smart” roads, cycle tracks, walking paths, smart classrooms, rejuvenation of water bodies, skill development centers, up gradation of health facilities and pan-city projects like integrated command control center.

These cities have planned 409 projects which would get around 61 percent funding from the Centre and the state, according to the Union Housing and Urban Affairs Minister Hardeep Singh Puri.

In January 2016, 20 cities were announced under the Smart Cities mission, followed by 13 cities in May 2016, 27 cities in September 2016 and 30 cities in June 2017. The total proposed investment in the 99 Smart City Mission would be Rs 2.03 lakh crore

Key features
So, what would smart cities of future do? According to the ministry, they would

• Provide equal housing opportunities for all
• Endorse mixed land use in area-based developments
• Preserving and evolving open spaces
• Promoting a variety of transport options
• Provide a new identity to the city
• Applying smart solutions to infrastructure and services in area-based development to expand them
• Create walkable localities and lessen blocking, air pollution, and resource depletion, apart from improving local economy
• Make governance citizen-friendly, technologically advanced and cost-effective

Buying property smart city mission

Smart City Mission will improve the Real Estate market in India

Jan 9,2018 / By Priyanka / No Comment

The Central Government has already disclosed 98 cities in India under the ‘Smart City Mission’. The definition of a smart city is nothing but a well-developed city with proper infrastructure and services such as well-organized transport system, wide roads, metro, and parks.

The requirements differ from city to city. Smart cities are long-term plans that are to be accomplished by the Central Government within a time frame of 5 years. It is definitely an economic booster for the cities. From this move, the Indian Real Estate market will be benefited the most. Let us see how “Smart Cities Mission” going to benefit the Real Estate market.

• Increase in land prices – Unproductive lands in the peripheries of the city will be effectively used for the smart cities project. The unplanned areas will be planned by increasing the land price and already existing residential projects.

• Increase in the number of housing projects – The infrastructural development will invite more business in the city and hence the total number of people will also upsurge in the city. Most of the home buyers would settle down there giving rise to housing supplies. More housing projects will be developed to provide accommodations to a large number of the city population.

• Development of Open Spaces – Smart City emphases on the development of open spaces such as parks, recreation spaces, playgrounds, etc. Home buyers may opt to live near open spaces, and indulge themselves in various sports here.

• Transport Services – Most of the smart cities have metro in their plan. Living in smart cities will make commuting easier inside the city. One can travel hassle-free. Moreover having a home near metro station can reduce our expenses on travels.

• Wider Roads and Lanes – Living in a smart city assures you wider roads and lanes for smooth movement. It reduces the number of accidents and makes our movement more comfortable. Now, Real Estate developers need not have to worry about the city’s plan anymore as Smart City is doing everything to lure the home buyers.

The Central Government is spending a huge amount on this mission. Smart City Mission promises a lot in the form of technology, engineering, transportation, sanitation etc. It is yet to see how things will turn out in future but with the development of the city, comes a need for accommodation and that is where Indian Real Estate market will play the role.

Tag Archives: smart city mission

Amaravati Smart City

Amaravati Smart City:

Shillong: The 100th Smart City

Nine Smart Cities Announced in the Fourth Round

Smart City Mission will improve the Real Estate market in India