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Real Estate Forum on Amrut Scheme

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: The NDA Govt. is getting ready to diminish the size and speed of its smart city mission.
Latest Answer: Yes, it is true Visal. The minimum area require under a greenfield project is 250 acres and that for brownfield is 500. Any redevelopment has to be done on an area of more than 50 acres. Though the guidelines permit both plans in adjacent areas, the explanation still lacks clarity on it.
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Q: Chief Minister Devendra Fadnavis said today that the Maharashtra govt. has selected Mumbai, Nagpur and Aurangabad among 10 other cities in the state under the "Smart City" project.
Latest Answer: Hi everybody, i am new to this forum and don't know much about it. But i am sure that this upgradation will help these regions to fulfil the basic needs for real estate to perform and succeed in the long run. For all the projects approved, the government will contribute 50% of the funds with an equivalent amount to be organized by the states themselves. This makeover of infrastructure in 272 cities and towns will duly fuel and introduce a fresh wave of realty demand in near future.
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Q: Is Urban development in India graceful to enter a new phase of growth?
Latest Answer: Our current govt. know it very well. Understanding the direct co-relation between infrastructure and demand in realty sector, the Central Government has given complete freedom and flexibility to State Governments to design and execute basic infrastructure facilities. For all the projects approved, the government will contribute 50 percent of the funds with an equivalent amount to be organized by the states themselves. This revamp of infrastructure in 272 cities and towns will duly fuel and introduce a fresh wave of realty demand in near future
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Q: Last week, the government announced 3 flagship project - Smart Cities, Housing for All by 2022 and the Atal Mission for Rejuvenation and Urban Transformation that aim to change the face of urban India.
Latest Answer: Hi all, I am quite sure that this upgradation will help these regions to fulfil the basic needs for real estate to perform and succeed in the long run. For all the projects approved, the government will contribute 50% of the funds with an equivalent amount to be organized by the states themselves. This makeover of infrastructure in 272 cities and towns will duly fuel and introduce a fresh wave of realty demand in near future.
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Q: The promise of Acche Din by the Modi Government is gaining Pace.
Latest Answer: Hi all, The mission of Housing For All will also gain a much needed boost once infrastructure in regions get corrected and private developers also start picking pace. Our current govt. know it very well. Understanding the direct co-relation between infrastructure and demand in realty sector, the Central Government has given complete freedom and flexibility to State Governments to design and execute basic infrastructure facilities.
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