Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
The
central
governments
election
manifesto had talked about creating 100
new smart cities in the country several
times. Within a month of forming the
government, the Central government also
started mulling ways to create these smart
cities.
A city is considered a smart city if it satisfies various criteria such as regional
competitiveness, transport and ICT (Information and Communication
Technologies) economics, quality of life, natural resources and citizen
participation in city governance. A smart city is defined by innovation and
has an ability to solve problems while using ICTs to improve the capacity.
The central government is now focusing on creating smart cities across the
country highlighting various strengths such as heritage city, industrial smart
cities and knowledge cities among others. Here are some of the smart city
projects in Central India that have recently been taken up by the central
government and various other international organisations.
Indore
Announced in October, 2014
Indore is the financial capital of the state of Madhya Pradesh. Real estate
sector here has already got a major boost in the last 12-18 months, mostly
due to the Super Corridor. The corridor stretches along a 12km distance
from Vijay Square to the airport. The location of this corridor has become the
biggest selling point for the city. Other major infrastructural developments
are also proposed in the city including a medical hub, sports complex, a new
railway station and few educational campuses.
The development of Super Corridor has led to an influx of several IT giants
and their SEZs. There are several other manufacturing plants coming up in
the city too. The DMIC Investment Region lies just about 25 km south-west of
Indore. Experts believe that more than 80,000 new employment
opportunities will be created in the city in the coming months.
Real estate
Localities around the Super Corridor too have transformed into a hub for real
estate development. According to latest reports, areas around the corridor
have already witnessed a considerable appreciation in the average price
range. The approximate property values in the city are in the range of Rs
1,700-3,000 per sq. ft. There are both apartments and individual houses
available in the city. Some of the active developers in the city are Pukhraj
City, DCNPL Pvt Ltd and Premshree Group
purpose vehicle is already being created for the project, which will invite
private developers to develop real estate projects on various forms of
public-private partnership (PPP). JICA and JBIC, Japans two esteemed
financial entities will also lend funds for the project.
Real estate
Ujjain is witnessing residential apartments only in recent years. Most of the
available residential unit types are independent houses and villas. There are
also ample residential plots available in the city. One may find houses of all
configurations, from 1BHK unit up to 6BHK units. The approximate price of a
1BHK unit is about Rs 10-24 lakh, while that of a 2BHK unit is about Rs 25-30
lakh. The approximate price of a 3BHK unit is about Rs 30-60 lakh, while that
of a 4BHK unit is about Rs 45 lakh to 1 crore.
ft depending on the area and location. Some of the common builders in the
city are R Construction Co, Khanna Properties and Ideal Properties.
Source: CommonFloor.com
For Latest Updates on Real Estate Updates, Property News and Cities
Infrastructure Developments Visit: http://www.commonfloor.com/guide