Education, employment and entertainment will be the three focus areas of these new cities. Considering the wide problems that are expected to be eradicated in smart city, investment in these cities is also becoming a hot topic of discussion in present times. The idea of Indian smart cities is even attracting foreign aid with the US and Japan agreeing on investing in building these smart cities
Ever since the new Government announced the plan to build 100 smart cities in the country, the concept has been attracting attention from companies and innovators alike. The aim set forth is to build self-sustainable cities enabled with latest technologies and infrastructure facilities in the next five years.
Filling the Gap
In a report, India’s Urban Awakening, by McKinsey it was stated that India would need to build 20 to 30 cities in the next decade alone to accommodate a huge population migrating to the urban areas. Furthermore, it is estimated that by 2030,the number of people living in cities would grow from 340 million in 2008 to around 590 million. Looking to the past, it took almost 40 years (1971- 2008) for the urban population in India to grow by 230 million. The report also suggests that to accommodate at least one million people, India needs to build about 25 satellite cities near large Tier I and Tier II cities.
The urban population is estimated to grow at an alarming rate. In fact, by 2050, half of the Indian population would be living in urban areas and therefore, to meet the massive demand there is an urgent need for well-planned urban redevelopment and improved public transportation. City planners have been giving a serious thought to develop means to deal with this pressing problem. A smart city is one concept that seems to be an answer.
Future of Urban Development
New and emerging technologies are poised to play a vital role in providing new improved lifestyle to the people in urban areas. With a wide use of ultra low power sensors, web and mobile-based applications and wireless networks, smart cities would soon become a reality.
So how does a city become smart? By definition, a smart city is one that completely runs on technology-be it for electricity, water, sanitation and recycling, ensuring 24/7 water supply and traffic and transport systems that use data analytics to provide efficient solutions to ease commuting. Along with these, a smart city also has automated building security and surveillance systems, requiring minimal human intervention, and Wi-Fi-powered open spaces and houses that ensure always-on and high-speed connectivity.
Why Invest in a Smart City?
Smart city is a world known concept of a sustainable township linked to a central command centre from where the entire city is controlled. According to IBM, which is working on 2,500 smart city projects globally, a smart city uses technology to transform its core systems.
Smart cities utilise networked infrastructure to improve economic and political efficiency and enable social, cultural and urban development. Smart city is a city where information technology is the principal infrastructure and the basis for providing essential services to residents
- By 2050, half of the Indian population would be living in urban areas and therefore, to meet the massive demand there is an urgent need for well planned urban redevelopment and improved public transportation. Smart cities is one concept that seems to be an answer
- A smart city is one that completely runs on technology – be it for electricity, water, sanitation and recycling, ensuring 24n water supply and traffic and transport systems that use data analytics to provide efficient solutions to ease commuting
- According to IBM, which is working on 2,500 smart city projects globally, a smart city uses technology to transform its core systems
- Smart city is a city where information technology is the principal infrastructure and the basis for providing essential services to residents
- The Wave Group had the vision of a “Smart City”, a decade ago and that is when they initiated “Wave City Center”, which is the first smart city in India
The ten years of planning of Wave City Center is incredible. There is no other place in India where there is a Walk-to-Work Concept of living. Walk your children to school, walk to entertainment, etc. Wave City Center is here to change the lives of people in India. You do not have to go out anywhere. You don’t have to get into your car, just walk to office. There is nothing like Wave City Center on this planet. You will be safe and secure. You don’t have to worry about your family, spouse, grand children, etc.
What is in store for you ?
Time is precious, for you and your family. When you invest in Wave City Center you save time, a lot of it. On an average you spend about 90 minute daily in travelling. Investing in a smart city can save you lots of travelling time. With intelligent road and traffic management, you can easily tap where the traffic is and which route would help you reach your destination faster.
Won’t it be good when your reach your office on time and come back home early? You get that extra hour or more to spend with your family. Play with your children, take your spouse out for dinner and give your family the time they need. So invest here and save on time!!
For every individual, one’s family’s security is paramount. Here at Wave City Center, your security is accorded top priority. No outsider is allowed after 1OPM tiii9AM inside the city premises. The smart security not only to improves the quality of life, city governance and management but also gives you the peace of mind you need.
The city has smart solutions for safety and security. The smart policing and patrolling would keep away the threats of thefts, robbery, etc. The smart security features include, panic button, installation of CCTV surveillance cameras, face recognition systems, etc. Therefore, invest here and be safe!!
- Investing in a smart city can save you lots of travelling time. With intelligent road and traffic management, you can easily tap where the traffic is and which route would help you reach your destination faster
- Convenience also comes in the scene in smart cities where the city is unified traditionally with different departments and processes to achieve better operational efficiency and increased effectiveness for its citizens
When we talk about the convenience of living in an area, connectivity plays a vital role. Noida is already a part of the second best Metro network in the world and so citizens are well-connected with adjoining areas. Along with these ample of parking space(more than 50,000 parking spots inside the township) is provided to the resident, which is a boon, considering there is a huge crunch in this area.
Convenience also comes in the scene in smart cities where the city is unified traditionally with different departments and processes to achieve better operational efficiency and increased effectiveness for its citizens. Invest here and enjoy the conveniences!
The concept of smart city has gained popularity and would continue to grow in future. India is now set to give shape to its futuristic smart cities-world class, self sustainable habitats with minimal pollution levels, maximum recycling, optimised energy supplies and efficient public transportation. A smart city with technologically superior features will attract, create, retain and enable the citizen to enhance his or her creativity and knowledge.
With changing times and masses becoming more tech savvy, the trend towards smart cities is here to stay. This will also initiate and attract huge investment because smart cities are really the future!
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