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Real Estate Forum on Mumbai Port Land

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Q: Is it right that Corporatisation of ports will offer immense elasticity in terms of fund-raising and expansion???
Latest Answer: Right Bikram, Roti, Kapda and Makan are the three basic needs of the people moves to Mumbai. You provide them Makan, they will arrange the rest of the two. He may not have resources to invest in property and he is not sure about how long he is going to stay in the city.
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Q: Union Minister Nitin Gadkari said that the government is working on an ambitious plan to build one smart city each at the country's 12 major ports, at an estimated total investment of Rs 50000 crore.

Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties involved like the center, states, local bodies and private entities, the task would be even more challenging.
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