News
Two-stage competition to shortlist smart cities
The first stage of the competition is intra-state that involves evaluating all cities and towns in each state based on the criteria evolved by the Ministry of Urban Development in consultation with various stakeholders.
Each state is assigned a specific number of cities for such nomination based on an objective criteria giving equal weightage (50:50) to urban population in each state and the number of statutory cities/towns in each state.A statutory town is one that has a notified municipal body.
According to sources in the ministry, Uttar Pradesh can nominate a maximum of 13 cities for development as smart cities. Maharashtra and Tamil Nadu follow closely with 12 each. Punjab is entitled to nominate three cities, while Haryana two and Delhi one.
The cities nominated by each state will then participate in the second stage of competition, which will be ‘inter-city’. These 100 cities will prepare smart city plans for each city and they will be evaluated by a panel of experts in the ministry based on elaborate criteria.
All the 100 cities will be ranked based on the criteria and the top 20 will be chosen for funding during 2015-16. The rest will be given time to make up the deficiencies identified before participating in the next two rounds of competition. Subsequently, another set of 40 cities will be selected for financing in 2016-17 and the remaining 40 in the year after that.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News4 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances
-
News2 weeks ago
SKA Forays In Luxury Housing: Launches SKA Destiny One in Greater Noida, To Invest Rs 592 Crores