20 Smart Cities to Watch Out for in 2015: A CommonFloor Report
“Smart Cities” have been the most recent buzz word since the run-up to the Lok Sabha elections in 2014. Developing 100 smart cities has been one of the top priorities for the present central government. While few of the smart cities have already been declared for development by the central government, it has additionally entrusted the respective state governments to propose smart cities from their separate states. In this wake, CommonFloor recently made a comprehensive rundown of potential smart cities in the country, taking into account the rules and parameters given by the central government.
“As part of ‘Real Insights’ into real estate, commonFloor.com has come up with a detailed report on 20 Potential Smart Cities to watch out for in 2015 – with in-depth analysis based on CommonFloor data.
Recently, the government also proposed a three stage approach for selecting the smart cities. As per Karuna Gopal, president of Foundation for Futuristic Cities (FFC), 20 of these cities may be selected for development in 2015, and 40 each will be recognized in the ensuing years.In view of this, this CommonFloor report attempted to recognize the 20 potential smart cities that are probable to get the centre’s nod this year. The criteria to choose these is based on the key factors that may make these cities the first choice and the key localities whose real estate market may be affected as a consequence.
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