Industrial Corridors And its Impact Cities : A CommonFloor Report

5 Industrial Corridors: The Impact Cities The newly-elected government at the Centre gave a new ray of hope to the dwindling real estate sector in India. Various initiatives and reforms have been announced ever since they took the baton from the previous government. This, in a way, is likely to boost the realty prospects across the country. Be it the “Make in India’ campaign or the emphasis on infrastructure development of five major industrial corridors, the stage is aptly set for the country to move on the right growth track. As a step forward, the government has proposed setting up of NICA (National Industrial Corridor Authority), which will be responsible for the execution and management of these five industrial corridor projects.

“As part of ‘Real Insights’ into real estate, CommonFloor.com has identified Industrial Corridors And its Impact Cities with in-depth analysis based on its data.

 For detailed report“

Each corridor passes through various existing industrial clusters and towns and cities that are likely to become investment hubs. Thus, once completed, the real estate growth at India’s hinterlands, connected via these corridors, will be exponential. In the wake of these new developments, CommonFloor has identified the key cities and towns along these corridors that are geared to witness realty growth in the short to long term. Moreover, the ‘Smart City’ tag for many cities and towns along these corridors is a boon in itself. Thus, in order to identify the impact areas of these 5 industrial corridors, we have analysed the city population as per Census 2011 and the geographical location of these cities by using GIS-based tools. All in all, infrastructure is set to play a major role in the future growth of realty sector across the country.