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Real Estate Forum on Smart City Project In Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: December 15 deadline is coming to an end as not a single state has submitted its smart city plan.
Latest Answer: But urban development secretory, Madhusudan Prasad sent reminder letter to all state chief secretaries last week saying that December 15 deadline would not be extended.
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Q: Have you heard the latest news on MMR? In its draft housing policy, the Maharashtra government has suggested that all satellite towns within the Mumbai Metropolitan Region limits should be reserved as smart city aspirants.
Latest Answer: He gyus, I heard that this FSI of 4 shall be divided into two portions, 75% of the built-up area shall be permitted for construction of housing or commercial etc by the developer. The rest of the 25% of the built-up area shall be used for construction of affordable housing. Am i right?
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Q: Hi, what roadblocks is the Smart City project currently facing?
Latest Answer: Hi folks!!!! We all know that the government has recently identified 98 cities for the Smart City Project. But funding for these projects and its execution will be a major challenge for companies. There is no doubt that this mission is expected to improve the quality of life for citizens of these cities. For government, the focus is on sustainable and inclusive development and the idea is to look at intensive areas and create a exemplary model.
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