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Smart cities

FDI Norms Relaxed to Attract Global Investors

FDI Norms Relaxed to Attract Global Investors
Urban Development Minister Venkaiah Naidu states his plans of wooing global investors for tapping opportunities in the urban sector of India that holds potential worth 140 billion dollars. This is in view of the upcoming Smart Cities that have been planned to be developed by the Centre in the coming years. At the inauguration of [...] Continue Reading »

First Phase of Smart City Kochi to be Completed by 2015

First Phase of Smart City Kochi to be Completed by 2015
Kochi is one of the cities which the Government has decided to develop into a smart city among the 22 other cities on its project list. Smart City Kochi, as it has been termed announced its recent clearance from the environment board and is now on track to complete infrastructural development and aims to complete [...] Continue Reading »

Kochi Smart City, GIFT offer good scope for price appreciation

Kochi Smart City, GIFT offer good scope for price appreciation
Just like Smartphone have changed the world of telecommunication and the way people connected with each other; Smart Cities are going to offer a game changing scenario for the real estate sector. With the Narendra Modi led government announcing its plans to build over 100 smart cities, some projects have already taken a lead becoming [...] Continue Reading »

US companies looking forward to tie up for building smart cities

US companies looking forward to tie up for building smart cities
It is to be brought to notice that US companies have plenty to offer for India, USA’s minister counsellor for commercial affairs, John McCaslin, in a recent statement said that a core group of 30 US companies have expertise in IT-enabled services and data analytics, which are some of the major crucial elements for developing [...] Continue Reading »

Smart cities funding need to be discussed on

Smart cities funding need to be discussed on
Of late, there has been lot of discussions on new taxes being considered by the government for financing the development of smart cities. Some of the options being evaluated include a green tax on fuel purchase, betterment charges payable on sale of property, urban tax on purchase of new vehicles, etc. So, it could be [...] Continue Reading »

Four smart cities to come up on YEIDA

Four smart cities to come up on YEIDA
The Yamuna Expressway Industrial Development Authority (YEIDA) on Monday said that it has decided to develop four new smart cities along the Yamuna Expressway. The new cities, along the 185-km high-speed link that connects Delhi with Agra, will come up in state’s district areas of Aligarh, Mathura, Agra and Hathras. PC Gupta, Chief executive officer [...] Continue Reading »

France to render help to the Indian Government to develop the smart cities

France to render help to the Indian Government to develop the smart cities
France plans to offer its expertise in urban development to build the new age cities in India. When the NaMo government announced the plans to make 100 smart cities in the country, this European country quickly jumped to the business opportunity and contacted the officials in India to express its interest. A team of officials [...] Continue Reading »

Housing Ministry to support affordable, sustainable and scalable green buildings

Housing Ministry to support affordable, sustainable and scalable green buildings
The Union Ministry of Housing and Urban Poverty Alleviation plans to map the needs and requirements for affordable housing. They plan to work closely with all the stakeholders in promoting Green Affordable Housing. They also plan to work with the State Governments closely so that the project can be executed with efficiency. The ministry has proposed to [...] Continue Reading »

Karnataka Govt keen to develop/upgrade existing towns and cities as ‘smart cities’

Karnataka Govt keen to develop/upgrade existing towns and cities as ‘smart cities’
In a recent statement made in the Karnataka State Secretariat, Vinay Kumar Sorake – Karnataka’s Minister for Urban Development – said that the State would prefer to develop or upgrade existing towns and cities as ‘smart cities’ instead of creating new greenfield cities. With the Union Government not having laid down any guidelines or formula [...] Continue Reading »

AP govt unveils comprehensive electronics policy

AP govt unveils comprehensive electronics policy
A wide-ranging electronics policy has recently been unveiled by the Andhra Pradesh government, in an evident effort to capture a large chunk of the fast-growing market for electronics in India. The unveiling of the comprehensive electronics policy by the AP government comes against the backdrop of the fact that the demand for electronics is projected [...] Continue Reading »



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