Govt to invest Rs 50 Bn on urban development in next 5 years

05 Jul 2024 CW Team

The state's cities are dealing with the issue of migration and growing population pressure. It is projected that half of the state's inhabitants will reside in cities by 2047. To alleviate the deteriorating infrastructure in metropolitan areas, the government has initiated many urban development initiatives. In the next five years, the Swachh Bharat Mission 2.0 will invest a total of Rs 50 billion in piped water management and solid waste management initiatives in metropolitan areas. Projects for sewage disposal and solid waste management will be implemented across the metropolitan areas.

7.73 lakh dwellings have been proposed as part of the PM Awas Yojna to provide housing for everyone. In order to address the issue of vehicle pollution, 1,200 opulent buses will be operated in six cities: Indore, Bhopal, Jabalpur, Gwalior, Ujjain, and Sagar.

By 2030, India hopes to fulfil the demands of urban regions despite an increasing urban population by expanding public transit and recycling treated wastewater to answer the demand for fresh water. Minister: Expand product offerings under the ODOP scheme. The minister emphasises regulatory relief for MSMEs and ODOP growth. places a focus on investment assistance and employment creation. Put the infrastructure and MSE-Cluster Development Programme first. highlights the benefits of digitization and teamwork for the expansion of the MSME sector.

In accordance with the directives of the electricity ministry, Raipur Municipal Corporation and Indian Oil Corporation work together to establish EV charging stations in Raipur. The cooperation emphasises quick project completion and citizen facilities, and it involves income sharing and the signing of an agreement. The government of Chhattisgarh is in favour of the project, which opens the door for strategically placed sustainable urban growth.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..