Ever since Government of India announced its plan to launch smart cities, there has been a wave of positivity among the builders and construction developers across the nation. Although common people are yet to understand how and what will be the nature of this new initiative, realty sector has already set in motion to make the most of this positive tide.
Government has selected 100 cities in the country that have an established primary infrastructure and has a potential to develop into a well-furnished location to reside and spend your life in the midst of all comforts. Over the next decade, government has set its plan to allocate a special budget of Rs. 500 crore to these cities with Rs.100 crore liquidated through next 5 years. This budget will be directed in improving the existing infrastructure of the city which includes development of transportation, medical facilities, housing and recreational places among many others.
With an additional budget allocated purely for real estate in smart cities, developers are upbeat with new projects already announced. One can easily observe a boom in real estate investment in Thane in Maharashtra, one of the cities nominated under smart city initiative, with number of new townships announced and flourishing in the city.
With smart cities soon to be new hubs for employment, health facilities and world class infrastructure, investing in these affordable houses will turn out to be your smartest decision sooner or later. Many reputed developers like Tata Value Homes have already trusted the promise shown by these smart cities and have already announced their upcoming projects. Buyers may well get to enjoy some of the classiest luxury services and infrastructure if they invest in upcoming properties of smart cities only if they book one now without any delay.
So folks, invest in the upcoming properties of smart cities today and gift yourself a lifetime reward of living in a world class smart city and experiencing the best infrastructure you could only dream of.