Quote on Cabinet approval for 100 smart cities by Mr. Shrikant Paranjape, Chairman, Paranjape Schemes (Construction) Ltd
“The cabinet approval for 100 smart cities project is a milestone decision in the development roadmap of India. The concept of Smart City creates opportunity for potential urban sectors to transform themselves into highly equipped, self sustained and modernized settlement through Government aide. The initiative will help reduce pressure on the existing metro cities, allowing disintegration of population evenly. Smart City will help developers gain momentum at the real estate front, create job opportunities and will also mobilize big corporate and industrialist to acquire spaces through specialized government schemes. The roots of the Smart City will definitely lie on the infrastructure development plan which should be the prime focus of the Government.”
