Urban Development Ministry’s plan for 100 smart cities
The 2014 Budget proposals to allow FDI in the housing sector and tax incentives for REITs (Real Estate Investment Trusts) was welcomed with much joy by realty experts. They believe that by doing so, the chances for creating affordable housing will increase, and help improve investment flows. Announced by Finance Minister Arun Jaitley, the Budget [...] Continue Reading »
In a recent interview, Urban Development Minister Venkaiah Naidu has talked about various plans the ministry has in the offing. Elaborating on Urban Development Ministry’s plan for 100 smart cities, he said that international models were being studied, and countries like France, Australia, Singapore and Japan had been requested to submit ideas and suggestions. He [...] Continue Reading »
