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Govt to add 40 more towns to Smart Cities list
01 Feb 2017
1 Min Read
CW Staff
The government will add 40 more cities to the list of towns it wants to develop as Smart Cities soon. This will take the total number to 100. Each Smart City will get Rs 200 crore for improving infrastructure. Under the project, the Prime Minister has set an ambitious target of Housing for All by 2022. Recent announcements on lowering interest rates for affordable housing, coupled with the Real Estate Regulation and Development Bill, will be a boon for the housing sector in addition to better infrastructure.
The government will add 40 more cities to the list of towns it wants to develop as Smart Cities soon. This will take the total number to 100. Each Smart City will get Rs 200 crore for improving infrastructure. Under the project, the Prime Minister has set an ambitious target of Housing for All by 2022. Recent announcements on lowering interest rates for affordable housing, coupled with the Real Estate Regulation and Development Bill, will be a boon for the housing sector in addition to better infrastructure.
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