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Real Estate Forum on Smart Cities In Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: In Maharashtra, the Mumbai proposal estimate of just Rs. 1118 crore is the lowest among all the 10 major cities.
Latest Answer: Hi Shreya, It definitely is refreshing to hear that the Mumbai proposal is the lowest among the 10 major cities. However, I am skeptical as to how far this will remain accurate when it comes to the implementation of the project. If we look at the past project proposals both in Mumbai as well as other cities in the country we an see that more often that not they have overshot their initial estimate. While the low proposal is still welcome, I doubt that the project will be able to stick to it's proposal considering the high amounts of corruption, bureaucracy etc.
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Q: The Urban Development Ministry has received 17 smart city proposals from 7 states and a union territory on Monday, a day before the deadline.
Latest Answer: Hi, Under Smart Cities mission, 98 cities that have been included have a total population of about 13 crore which accounts for 35% of total urban population in the country. After receiving all Smart City Proposals, the ministry of urban development will set in motion the second state of "City Challenge Competition".
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Q: Yes, and the SPVs will be floated by January 2016 to give a boost to prime minister Narendra Modi's favorite smart cities initiative.
Latest Answer: for latest info check www.indiasmartcities.com
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Q: Which localities in Mumbai are going to be Smart Cities?
Latest Answer: Dear Dwarkesh u can find complete information in www.indiasmartcities.com
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Q: Do you know that State Road Development Corporation will soon build a corridor of smart cities along the Mumbai-Pune Expressway????

Latest Answer: Right Devika, Being a special planning authority will also allow the MSRDC to a Floor-Space Index (FSI) of 0.5 to 1 as additional area for high density development against a premium.
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Q: Thats Great actually... What is the reason that authority has chosen BKC to transform as a Smart City?

Latest Answer: Hi folks!!!! We all know that the government has recently identified 98 cities for the Smart City Project. But funding for these projects and its execution will be a major challenge for companies. There is no doubt that this mission is expected to improve the quality of life for citizens of these cities. For government, the focus is on sustainable and inclusive development and the idea is to look at intensive areas and create a exemplary model.
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Q: "Smart Cities to be a reality in India"
Its features may appear somewhat futuristic, but are likely to become a reality in India in less than a decade, as the smart city concept takes hold. The first-of-its-kind partially completed smart city project in Mumbai, expected to be completed in 2025, is by the Lodha Group.
Latest Answer: for latest info check www.indiasmartcities.com
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