Whether you’re a seasoned real estate professional or Just learning the ropes.........

NIREM can equip you with the skills to meet the challenges & opportunities of

Today’s ever-changing real estate market.

Home------About NIREM------NIREM Website

Friday, September 25, 2015

Get Ready for ‘Smart’ Villages Now!

After launching the smart city projects, the Union Govt. aims to launch 300 village clusters under the ‘Rurban Mission’. Union minister for rural development Birender Singh announced the Govt.’s intention while inaugurating a two-day national workshop of 'Sansad Adarsh Gram Yojana' (SAGY) in Bhopal recently.
He said that the population of these clusters would vary between 25,000 and 50,000. However cluster strength will be less in hilly areas. To be developed on the pattern of towns with planned layouts, these rural-urban hubs will give a new dimension to Urbanization as well as real estate market in India.
As per the minister, state governments will have to issue notifications for these clusters. An investment of Rs. 50-55 crore is envisaged in each cluster which will be funded jointly by the Union and State Govts. Governments will take up funding of these clusters under various schemes within the Rurban mission. He further added that a critical gap funding of 30 per cent will be additionally provided.

Mr. Singh added that the objective is to create an ecosystem of trade growth and infrastructure facilities in these clusters. Image: India News